CarMax, Inc. (KMX) vs Macy's, Inc. (M)

A side-by-side comparison of CarMax, Inc. and Macy's, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnKMX vs M

growth of $100 · dividends reinvested · last 10y
KMX -1.7% (-0.2%/yr)M +13.5% (+1.3%/yr)M compounded faster over this window
50100150200250Start $10020182020202220242026$98$113
KMX M

KMX vs M: by the numbers

  • KMX is the larger company ($8.20B vs $6.24B market cap).
  • M trades at the lower trailing earnings multiple (10.17 vs 36.14 P/E), one valuation lens rather than an overall verdict.
  • M converts more revenue to profit (2.94% vs 0.84% net margin).
  • KMX grew revenue faster over the past five years (2.39% vs -2.85% CAGR).
  • M pays a dividend (3.05% yield), while KMX has no payments in the available dividend history.

Metrics side by side

Valuation

MetricKMXM
P/E ratio36.1410.17
Forward P/E21.6011.21
P/S ratio0.310.29
P/B ratio1.351.38
EV / EBITDAN/A5.52
FCF yield12.02%22.47%

Profitability

MetricKMXM
Gross margin10.24%36.54%
Operating margin-1.85%4.47%
Net margin0.84%2.94%
ROE3.64%13.79%
ROIC-1.10%6.63%

Dividends

MetricKMXM
Dividend yieldN/A3.05%
Payout ratioN/A31.55%

Growth (annualized)

MetricKMXM
Revenue CAGR (5Y)2.39%-2.85%
EPS CAGR (5Y)-18.18%-15.53%
FCF CAGR (5Y)13.85%-15.90%
Total return CAGR (5Y)-15.10%8.44%

Frequently asked

Which has the lower trailing P/E, KMX or M?
M has the lower trailing P/E: KMX trades at 36.14 and M at 10.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, KMX or M?
Over the past five years, KMX grew revenue faster — KMX at a 2.39% CAGR versus M at -2.85%.
Does KMX or M pay a bigger dividend?
M pays a dividend (3.05% yield), while KMX has no payments in the available dividend history.
Is KMX or M more profitable?
M runs the higher net margin — KMX at 0.84% versus M at 2.94%.
How have KMX and M total returns compared?
Over the past 10 years, KMX delivered -0.17% and M delivered -0.38% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 12, 2026.