On trailing earnings, M is cheaper: KMX trades at a 32.77 P/E and M at 10.77.

Which has grown faster, KMX or M?

Over the past five years, M grew revenue faster — KMX at a 2.39% CAGR versus M at 2.77%.

Does KMX or M pay a bigger dividend?

M pays a dividend (2.95% yield) while KMX does not currently pay one.

Is KMX or M more profitable?

M runs the higher net margin — KMX at 0.84% versus M at 2.94%.

Which has been the better investment, KMX or M?

Over the past 10-year, M delivered the higher annualized total return — KMX at 1.31% versus M at 1.71%. Past performance doesn't predict future results.

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

M leads on 11 of 14 compared metrics.

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 June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

KMX

CarMax, Inc.

$7.49B

$52.76Consumer Cyclical

Macy's, Inc.

$6.83B

$25.96Consumer Cyclical

Total return — KMX vs M

growth of $100 · last 29y

KMX +399.5%M +57.9%KMX compounded faster

KMX M

KMX vs M: by the numbers

•KMX is the larger company ($7.49B vs $6.83B market cap).
•M trades at the lower earnings multiple (10.77 vs 32.77 P/E).
•M converts more revenue to profit (2.94% vs 0.84% net margin).
•M grew revenue faster over the past five years (2.77% vs 2.39% CAGR).
•M pays a dividend (2.95% yield) while KMX does not currently pay one.

Which is better, KMX or M?

Metric tally: KMX 3 · M 11

It depends on what you're optimizing for:

ValueM(lower P/E)

GrowthM(faster 5Y revenue CAGR)

QualityM(higher ROIC)

Metrics side by side

Valuation

Metric	KMX	M
P/E ratio	32.77	10.77●
Forward P/E	19.58	11.86●
P/S ratio	0.28●	0.31
P/B ratio	1.23●	1.46
PEG ratio	—	0.66
EV / EBITDA	—	5.73
FCF yield	13.26%	21.23%●

Profitability

Metric	KMX	M
Gross margin	10.24%	36.54%●
Operating margin	-1.85%	4.47%●
Net margin	0.84%	2.94%●
ROE	3.64%	13.79%●
ROIC	-1.10%	6.63%●

Dividends

Metric	KMX	M
Dividend yield	—	2.95%
Payout ratio	—	32.32%

Growth (annualized)

Metric	KMX	M
Revenue CAGR (5Y)	2.39%	2.77%●
EPS CAGR (5Y)	-18.18%	4.50%●
FCF CAGR (5Y)	13.85%●	10.73%
Total return CAGR (5Y)	-16.16%	9.54%●

Frequently asked

Which is better, KMX or M?: It depends on your goal. value: M (lower P/E); growth: M (faster 5Y revenue CAGR); quality: M (higher ROIC). Across all compared metrics, M leads 11 to 3.
Is KMX or M cheaper?: On trailing earnings, M is cheaper: KMX trades at a 32.77 P/E and M at 10.77.
Which has grown faster, KMX or M?: Over the past five years, M grew revenue faster — KMX at a 2.39% CAGR versus M at 2.77%.
Does KMX or M pay a bigger dividend?: M pays a dividend (2.95% yield) while KMX does not currently pay one.
Is KMX or M more profitable?: M runs the higher net margin — KMX at 0.84% versus M at 2.94%.
Which has been the better investment, KMX or M?: Over the past 10-year, M delivered the higher annualized total return — KMX at 1.31% versus M at 1.71%. Past performance doesn't predict future results.

Go deeper

Full KMX analysis Full M analysis Interactive comparison tool

Dig into the metrics

CarMax P/E ratio Macy's P/E ratio CarMax dividend yield Macy's dividend yield CarMax ROE Macy's ROE CarMax operating margin Macy's operating margin CarMax revenue growth Macy's revenue growth CarMax free cash flow Macy's free cash flow

CarMax & Macy's appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

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 June 28, 2026.