CarMax Inc
KMX
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- CarMax's strategy of expanding its online sales capabilities positions it well in a competitive market, as consumers increasingly prefer digital transactions.
- Revenue increased by 35% compared to the prior quarter, reaching $8.0 billion.
- Gross margin improved to 10.7%, up from 10.2% in the previous quarter.
- The auto dealership industry is facing headwinds due to rising interest rates and economic uncertainty, impacting consumer spending.
- CarMax's operating margin remains low at 0.4%, indicating ongoing profitability challenges.
- The company's score is a 'Strong Sell' with a score of -16.00, reflecting negative market trends.
Fundamentals
| Market cap | $7.64B | Enterprise value | $25.53B | Trailing P/E | 25.49 | Forward P/E | 15.08 |
| PEG | 0.69 | Price / book | 1.25 | Beta | 1.23 | Dividend yield | 0.00% |
| Revenue growth | 17.7% | Earnings growth | 81.6% | Gross margin | 11.7% | Operating margin | 2.8% |
| Profit margin | 1.0% | ROE | 4.7% | ROA | 1.8% | Debt / equity | 2.87 |
| Current ratio | 2.33 | Free cash flow | $632.31M | Analyst recommendation | hold | Mean target | $62.62 |
| 52w high | $65.28 | 52w low | $30.26 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $8.0B | $5.9B | $5.8B | $6.6B | $7.5B | — |
| Op margin | 0.4% | -4.2% | -2.3% | -1.8% | 0.6% | — |
| Net income | $186M | -$121M | $62.2M | $95.4M | $210M | — |
| Gross margin | 10.7% | 10.2% | 10.2% | 10.9% | 11.8% | — |
| Gross profit | $854M | $605M | $590M | $718M | $894M | — |
| Operating income | $31.7M | -$250M | -$134M | -$118M | $42.3M | — |
- Revenue +35% vs prior quarter ($8.0B vs $5.9B).
- Gross margin 10.7% (was 10.2% prior quarter).
- Operating margin expanded to 0.4%.
Yearly (6y)
| 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Revenue | $25.9B | $26.4B | $26.5B | $29.7B | — |
| Op margin | -1.6% | -0.8% | -0.8% | -1.0% | — |
| Net income | $247M | $501M | $479M | $485M | — |
| Gross margin | 10.8% | 11.0% | 10.2% | 9.4% | — |
| Gross profit | $2.8B | $2.9B | $2.7B | $2.8B | — |
| Operating income | -$410M | -$221M | -$206M | -$311M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Two Reasons To Stay Away From Carvana Stock
2026-10-08 · CarMax Down 5.8% Since Q2 Earnings: Buy, Sell or Hold KMX?
2026-10-08 · CarMax (KMX) Reworks Leadership And Earnings Story As Valuation Looks About Right
2026-10-05 · CarMax (KMX) Earnings Show Turnaround Progress, But Margin Pressure Remains
2026-10-05 · CarMax sales surge, buoyed by cost-cutting
2026-10-03 · Carnival and CarMax Pop on Strong Earnings, but Challenges Remain
2026-10-03 · MarketBeat Week in Review – 09/28 - 10/02
2026-10-02 · Carvana Stock Is the ‘Best Story’ in Autos. One Thing Could Slow It Down.
2026-10-01 · Is Carmax a Buy After Its Latest Earnings Report?
2026-10-01 · Carvana, CarMax jockey as agentic AI tools look to fix the worst parts of car buying
2026-09-30 · CarMax to Host Strategic Update Webcast on November 3, 2026
2026-09-30 · CarMax Fiscal Q2 Results Show Progress Ahead of November Strategic Update, RBC Says
Price (daily)
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