CarMax's reported income statements show revenue growth accelerating from 6.2% year-over-year in 2027Q1 to 19.5% in 2027Q2, with operating income rebounding to $236.3M from a $249.7M loss in 2026Q4, suggesting a genuine post-trough recovery in used-vehicle throughput; however, gross margin compressed roughly 170 basis…
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Revenue growth accelerated to 19.5% year-over-year in 2027Q2 with operating income of $236.3M, yet gross margin of 10.1% remains well below the 11.8% recorded in 2026Q1, indicating the recovery is being driven by volume rather than pricing power.
CarMax's Omni-channel platform allows customers to buy cars online, in-store, or a combination, enhancing convenience and flexibility.
Customers trust CarMax for its rigorous vehicle inspections and peace of mind, as evidenced by positive purchasing experiences.
CarMax's online tools enable customers to search, research, and compare vehicles, streamlining the car-buying process.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Sep 29, 2026 | $1.16+58.5% vs $0.73 | $7.9B+11.1% vs $7.1B |
Q3 2026 Jun 17, 2026 | $1.31+35.8% vs $0.96 | $8.0B+7.9% vs $7.4B |
Q2 2026 Apr 14, 2026 | $0.34+48.9% vs $0.23 | $5.9B+4.0% vs $5.7B |
Q4 2025 Dec 18, 2025 | $0.51+66.4% vs $0.31 | $6.2B+10.6% vs $5.6B |
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CarMax is executing a turnaround, with comps and EPS beating expectations despite layoffs and a challenging used car market. KMX's profit growth is increasingly driven by financing and warranties, not just car sales, with $806 per car in extras and loan income up 32%. The 'Shift into GEAR' strategy emphasizes cost-cutting ($200M annual savings), competitive pricing, and value-added services, restoring sales momentum and profitability.
RICHMOND, VA, Oct. 20, 2026 (GLOBE NEWSWIRE) -- CarMax (NYSE: KMX) has been named as one of the 2026 Fortune Best Workplaces in Retail™ for the 12th consecutive year, ranking #6 in the large company category. This award underscores CarMax's commitment to creating a workplace where associates feel valued and supported, empowering them to grow, contribute, and do their best work.
CarMax TodayKMXCarMax$51.76 +0.11 (+0.22%) As of 09:46 AM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$30.26▼$65.28P/E Ratio25.24Price Target$57.85Add to WatchlistCarMax Inc. NYSE: KMX operates in the used-car retail industry, where affordability pressures and elevated borrowing costs have weighed on consumers.
Benchmark KMX against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for CarMax, Inc. (KMX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $51.48 | $7.31B | 25.08 | -1.79% | 1.06% | 4.8% | — | |
| $184.00 | $6.16B | 8.49 | 3.24% | 2.63% | 31.76% | — | |
| $212.36 | $13.96B | 14.78 | -0.18% | 2.81% | 16.37% | 2.45% | |
| $308.77 | $6.79B | 8.62 | 4% | 2.06% | 12.08% | 0.71% | |
| $61.71 | $2.05B | 9.64 | 6.53% | 1.33% | 19.94% | 2.28% | |
| $202.65 | $3.77B | 7.80 | 4.71% | 2.66% | 11.85% | — |
CarMax, Inc. (KMX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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CarMax, Inc. (KMX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Sep 29, 2026·SEC
Jun 24, 2026·SEC
Jun 17, 2026·SEC
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CarMax, Inc. (KMX) stock FAQ — growth, dividends, profitability & financials explained
CarMax, Inc. (KMX) reported $27.63B in revenue over the trailing twelve months. Revenue was $25.88B in fiscal year 2026. That is 4973% more than the $510.2M of fiscal year 1997.
CarMax, Inc. (KMX) grew revenue by 4.8% over the trailing twelve months, compared with the twelve months before.
Yes. CarMax, Inc. (KMX) earned $292.4M in net income over the trailing twelve months (a 1.1% net margin).
CarMax, Inc. (KMX) had a return on equity (ROE) of 4.8% over the trailing twelve months. That is below the market's typical 10-15%.
CarMax, Inc. (KMX) generated $1.15B in free cash flow over the trailing twelve months.
