CarMax, Inc. (KMX) vs MGM Resorts International (MGM)
A side-by-side comparison of CarMax, Inc. and MGM Resorts International across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
KMX
CarMax, Inc.
$62.13Consumer CyclicalAt close: Aug 21, 2026, 4:00 PM ET
MGM
MGM Resorts International
$43.74Consumer CyclicalAt close: Aug 21, 2026, 4:00 PM ET
Total return — KMX vs MGM
growth of $100 · dividends reinvested · last 10yKMX +5.1% (+0.5%/yr)MGM +89.3% (+6.6%/yr)MGM compounded faster over this window
KMX MGM
KMX vs MGM: by the numbers
- •MGM is the larger company ($11.00B vs $8.82B market cap).
- •MGM trades at the lower trailing earnings multiple (26.51 vs 38.59 P/E), one valuation lens rather than an overall verdict.
- •MGM converts more revenue to profit (2.40% vs 0.84% net margin).
- •MGM grew revenue faster over the past five years (22.64% vs 2.39% CAGR).
Metrics side by side
Valuation
| Metric | KMX | MGM |
|---|---|---|
| P/E ratio | 38.59 | 26.51 |
| Forward P/E | 23.06 | 23.74 |
| P/S ratio | 0.34 | 0.63 |
| P/B ratio | 1.44 | 4.49 |
| EV / EBITDA | N/A | 18.35 |
| FCF yield | 11.26% | 14.84% |
Profitability
| Metric | KMX | MGM |
|---|---|---|
| Gross margin | 10.24% | 44.16% |
| Operating margin | -1.85% | 5.73% |
| Net margin | 0.84% | 2.40% |
| ROE | 3.64% | 16.96% |
| ROIC | -1.21% | 2.70% |
Growth (annualized)
| Metric | KMX | MGM |
|---|---|---|
| Revenue CAGR (5Y) | 2.39% | 22.64% |
| EPS CAGR (5Y) | -18.18% | N/A |
| FCF CAGR (5Y) | 13.85% | 27.93% |
| Total return CAGR (5Y) | -13.01% | 2.65% |
Frequently asked
- Which has the lower trailing P/E, KMX or MGM?
- MGM has the lower trailing P/E: KMX trades at 38.59 and MGM at 26.51. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, KMX or MGM?
- Over the past five years, MGM grew revenue faster — KMX at a 2.39% CAGR versus MGM at 22.64%.
- Is KMX or MGM more profitable?
- MGM runs the higher net margin — KMX at 0.84% versus MGM at 2.40%.
- How have KMX and MGM total returns compared?
- Over the past 10 years, KMX delivered 0.47% and MGM delivered 6.73% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CarMax P/E ratioMGM Resorts International P/E ratioCarMax ROEMGM Resorts International ROECarMax operating marginMGM Resorts International operating marginCarMax revenue growthMGM Resorts International revenue growthCarMax free cash flowMGM Resorts International free cash flow
CarMax & MGM Resorts International 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 23, 2026.