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CarMax stock: key metrics
KMXCarMax had an operating margin of −1.6% and a return on invested capital (ROIC) of −1.1% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 13.0% | 2.6% | 2.7% |
| 2008 | 13.1% | 2.6% | 2.2% |
| 2009 | 13.9% | 1.0% | 0.8% |
| 2010 | 14.7% | 3.8% | 3.8% |
| 2011 | 14.5% | 4.7% | 4.2% |
| 2012 | 13.8% | 13.8% | 4.1% |
| 2013 | 13.4% | 4.0% | 4.0% |
| 2014 | 13.1% | 3.9% | 3.9% |
| 2015 | 13.2% | 4.4% | 4.2% |
| 2016 | 13.3% | 4.4% | 4.1% |
| 2017 | 13.8% | 4.4% | 3.9% |
| 2018 | 13.6% | 4.2% | 3.9% |
| 2019 | 13.6% | 3.1% | 4.6% |
| 2020 | 13.4% | 2.7% | 4.4% |
| 2021 | 12.6% | 1.4% | 3.9% |
| 2022 | 10.3% | 1.7% | 3.6% |
| 2023 | 9.4% | −1.0% | 1.6% |
| 2024 | 10.2% | −0.8% | 1.8% |
| 2025 | 11.0% | −0.8% | 1.9% |
| 2026 | 10.8% | −1.6% | 1.0% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | 15.9% | 8.5% | 10.5% |
| 2008 | 12.2% | 8.2% | 7.8% |
| 2009 | 3.7% | 2.3% | 2.5% |
| 2010 | 14.6% | 9.0% | 11.0% |
| 2011 | 16.5% | 6.3% | 5.5% |
| 2012 | 15.5% | 12.6% | 5.0% |
| 2013 | 14.4% | 3.3% | 4.4% |
| 2014 | 14.9% | 3.2% | 4.2% |
| 2015 | 18.9% | 3.4% | 4.5% |
| 2016 | 21.5% | 3.2% | 4.3% |
| 2017 | 20.2% | 3.0% | 3.9% |
| 2018 | 20.0% | 2.8% | 3.8% |
| 2019 | 25.1% | 2.5% | 4.5% |
| 2020 | 23.6% | 2.3% | 4.2% |
| 2021 | 17.1% | 1.1% | 3.5% |
| 2022 | 22.0% | 1.9% | 4.4% |
| 2023 | 8.6% | −1.0% | 1.9% |
| 2024 | 7.9% | −0.6% | 1.8% |
| 2025 | 8.0% | −0.7% | 1.8% |
| 2026 | 4.2% | −1.1% | 0.9% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 28 Feb 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 10 Nov 2026, previously Weak
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.