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.
KMX
CarMax, Inc.
$57.78Consumer CyclicalDelayed quote: Aug 12, 2026, 11:29 AM EDT
M
Macy's, Inc.
$23.74Consumer CyclicalDelayed quote: Aug 12, 2026, 11:30 AM EDT
Total return — KMX vs M
growth of $100 · dividends reinvested · last 10yKMX -1.7% (-0.2%/yr)M +13.5% (+1.3%/yr)M compounded faster over this window
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
| Metric | KMX | M |
|---|---|---|
| P/E ratio | 36.14 | 10.17 |
| Forward P/E | 21.60 | 11.21 |
| P/S ratio | 0.31 | 0.29 |
| P/B ratio | 1.35 | 1.38 |
| EV / EBITDA | N/A | 5.52 |
| FCF yield | 12.02% | 22.47% |
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 | N/A | 3.05% |
| Payout ratio | N/A | 31.55% |
Growth (annualized)
| Metric | KMX | M |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
CarMax P/E ratioMacy's P/E ratioMacy's dividend yieldCarMax ROEMacy's ROECarMax operating marginMacy's operating marginCarMax revenue growthMacy's revenue growthCarMax free cash flowMacy's free cash flow
CarMax & Macy's appear in these rankings
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.