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KMXCarMax, Inc.

Debt to Assets Ratio: 70.01%

popular:market cap|pe ratio|revenue|price history|total return

Is the debt to assets ratio high or low?

The debt to assets ratio of 70.01% is in line with its 5-year average of 71.33%, near the low end of its 5-year range (69.81%–73.18%).

As of Sunday, June 28, 2026. 0.33% below its 12-month average of 70.25%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

KMX Debt to Assets Ratio

70.01%

Reported quarterly debt to assets ratio; no daily interpolation.

-3.46% 5Y
KMX Debt to Assets Ratio

KMX Average Debt to Assets Ratio Chart

KMX Debt to Assets Ratio

KMX Current vs Average Debt to Assets Ratio Chart

KMX Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

70.01%

DEBT TO ASSETS RATIO AVG TTM

70.25%

DEBT TO ASSETS RATIO AVG 3Y

70.61%

DEBT TO ASSETS RATIO AVG 5Y

71.33%

DEBT TO ASSETS RATIO AVG 10Y

73.07%

DEBT TO ASSETS RATIO AVG 15Y

71.43%

DEBT TO ASSETS RATIO AVG 20Y

69.84%

CURRENT VS TTM AVG

-0.33%

CURRENT VS 3Y AVG

-0.84%

CURRENT VS 5Y AVG

-1.84%

CURRENT VS 10Y AVG

-4.18%

CURRENT VS 15Y AVG

-1.98%

CURRENT VS 20Y AVG

+0.26%

KMX Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
CarMax, Inc. (KMX)$7.49B70.01%70.25%70.61%71.33%
Etsy, Inc. (ETSY)vs ›$7.41B1.09%N/AN/AN/A
Mohawk Industries, Inc. (MHK)vs ›$7.30B0.18%N/AN/AN/A
Chewy, Inc. (CHWY)vs ›$7.68B0.15%N/AN/AN/A
The Gap, Inc. (GAP)vs ›$7.28B0.44%N/AN/AN/A
LKQ Corporation (LKQ)vs ›$6.89B0.33%N/AN/AN/A
Macy's, Inc. (M)vs ›$6.83B0.32%N/AN/AN/A
Crocs, Inc. (CROX)vs ›$6.35B0.39%N/AN/AN/A
The Gap, Inc. (GPS)vs ›$9.21B0.44%N/AN/AN/A
CAVA Group, Inc. (CAVA)vs ›$9.71B0.34%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

70.0%

Debt/Equity

3.02

Current Ratio

2.20

Interest Coverage

-0.5x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for CarMax, Inc. (KMX)?
The debt to assets ratio for KMX stock is 70.01%.
Is CarMax, Inc.'s debt to assets ratio high or low?
The debt to assets ratio of 70.01% is in line with its 5-year average of 71.33%, near the low end of its 5-year range (69.81%–73.18%).
What is the TTM average debt to assets ratio for CarMax, Inc. (KMX)?
The TTM average debt to assets ratio for KMX stock is 70.25%.
What is the 3Y average debt to assets ratio for CarMax, Inc. (KMX)?
The 3Y average debt to assets ratio for KMX stock is 70.61%.
What is the 5Y average debt to assets ratio for CarMax, Inc. (KMX)?
The 5Y average debt to assets ratio for KMX stock is 71.33%.
What is the 10Y average debt to assets ratio for CarMax, Inc. (KMX)?
The 10Y average debt to assets ratio for KMX stock is 73.07%.
What is the 15Y average debt to assets ratio for CarMax, Inc. (KMX)?
The 15Y average debt to assets ratio for KMX stock is 71.43%.
What is the 20Y average debt to assets ratio for CarMax, Inc. (KMX)?
The 20Y average debt to assets ratio for KMX stock is 69.84%.

KMX Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-05-3170.01%
2026-02-2870.33%
2025-11-3069.81%
2025-08-3170.67%
2025-05-3170.42%
2025-02-2870.89%
2024-11-3070.39%
2024-08-3170.37%
2024-05-3170.83%
2024-02-2971.00%
2023-11-3071.72%
2023-08-3171.34%
2023-05-3170.13%
2023-02-2872.94%
2022-11-3072.43%
2022-08-3172.84%
2022-05-3172.68%
2022-02-2873.18%
2021-11-3072.64%
2021-08-3172.53%
2021-05-3170.71%
2021-02-2872.64%
2020-11-3073.52%
2020-08-3174.51%
2020-05-3177.13%
2020-02-2975.18%
2019-11-3076.01%
2019-08-3175.96%
2019-05-3175.83%
2019-02-2875.89%
2018-11-3075.44%
2018-08-3174.76%
2018-05-3174.65%
2018-02-2875.02%
2017-11-3075.19%
2017-08-3174.67%
2017-05-3174.50%
2017-02-2874.76%
2016-11-3074.93%
2016-08-3174.06%
2016-05-3173.33%
2016-02-2973.60%
2015-11-3073.75%
2015-08-3170.49%
2015-05-3169.39%
2015-02-2869.02%
2014-11-3068.64%
2014-08-3166.47%
2014-05-3165.55%
2014-02-2864.78%
2013-11-3064.67%
2013-08-3167.68%
2013-05-3164.29%
2013-02-2862.79%
2012-11-3061.72%
2012-08-3161.35%
2012-05-3160.37%
2012-02-2960.65%
2011-11-3058.88%
2011-08-3158.82%
2011-05-3158.27%
2011-02-2859.12%
2010-12-2760.57%
2010-09-1061.38%
2010-05-3161.28%
2010-02-285.89%
2009-11-306.10%
2009-08-3114.67%
2009-05-3116.37%
2009-04-0914.17%
2008-11-3012.43%
2008-08-3110.50%
2008-05-3113.27%
2008-02-2914.05%
2007-11-308.82%
2007-08-315.88%
2007-05-318.52%
2007-02-289.84%
2006-11-307.12%
2006-08-318.53%
2006-05-3110.30%
2006-02-2813.09%
2005-11-309.49%
2005-08-3110.62%
2005-05-3112.67%
2005-02-2815.00%
2004-11-3010.51%
2004-10-089.53%
2004-05-3111.41%
2004-02-2910.07%
2003-11-3010.70%
2003-09-1510.70%
2003-05-3112.04%
2003-02-2817.01%
2002-11-3012.82%
2002-08-3112.84%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll Metrics

About CarMax, Inc.

CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.

Richmond, VA
30,048 employees
www.carmax.com
Consumer Cyclical / Auto - Dealerships
Sector
Consumer Cyclical
Industry
Auto - Dealerships
CEO
Keith Barr
View full financials