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KMXCarMax, Inc.

Is the EBITDA margin high or low?

The EBITDA margin of 1.33% is 170% above its 5-year average of 0.49%, around the middle of its 5-year range (-2.62%–5.12%).

As of Sunday, June 28, 2026. 784.00% above its 12-month average of -0.19%.

EBITDA Margin

KMX EBITDA Margin

1.33%

Reported quarterly EBITDA margin; no daily interpolation.

-48.79% 5Y
KMX EBITDA Margin

KMX Average EBITDA Margin Chart

KMX EBITDA Margin

KMX Current vs Average EBITDA Margin Chart

KMX EBITDA Margin Metrics

EBITDA MARGIN

1.33%

EBITDA MARGIN AVG TTM

-0.19%

EBITDA MARGIN AVG 3Y

0.11%

EBITDA MARGIN AVG 5Y

0.26%

EBITDA MARGIN AVG 10Y

2.57%

EBITDA MARGIN AVG 15Y

3.41%

EBITDA MARGIN AVG 20Y

3.52%

CURRENT VS TTM AVG

+784.00%

CURRENT VS 3Y AVG

+1062.73%

CURRENT VS 5Y AVG

+411.05%

CURRENT VS 10Y AVG

-48.33%

CURRENT VS 15Y AVG

-61.06%

CURRENT VS 20Y AVG

-62.21%

KMX Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
CarMax, Inc. (KMX)$7.49B1.33%-0.19%0.11%0.26%
Etsy, Inc. (ETSY)vs ›$7.41B16.29%16.84%6.32%12.73%
Mohawk Industries, Inc. (MHK)vs ›$7.30B10.78%11.54%8.33%10.59%
Chewy, Inc. (CHWY)vs ›$7.68B3.04%2.48%1.91%1.38%
The Gap, Inc. (GAP)vs ›$7.28B10.48%10.59%7.86%6.13%
LKQ Corporation (LKQ)vs ›$6.89B10.73%10.96%12.11%12.15%
Macy's, Inc. (M)vs ›$6.83B8.51%8.14%7.10%8.80%
Crocs, Inc. (CROX)vs ›$6.35B23.93%25.27%25.84%25.28%
The Gap, Inc. (GPS)vs ›$9.21B10.48%10.59%9.62%7.95%
CAVA Group, Inc. (CAVA)vs ›$9.71B12.97%11.86%6.96%5.24%

Margin Comparison

Gross Margin

10.2%

EBITDA Margin

1.3%

Operating Margin

-1.9%

Net Margin

0.8%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EBITDA Margin FAQ

What is the EBITDA margin for CarMax, Inc. (KMX)?
The EBITDA margin for KMX stock is 1.33%.
Is CarMax, Inc.'s EBITDA margin high or low?
The EBITDA margin of 1.33% is 170% above its 5-year average of 0.49%, around the middle of its 5-year range (-2.62%–5.12%).
What is the TTM average EBITDA margin for CarMax, Inc. (KMX)?
The TTM average EBITDA margin for KMX stock is -0.19%.
What is the 3Y average EBITDA margin for CarMax, Inc. (KMX)?
The 3Y average EBITDA margin for KMX stock is 0.11%.
What is the 5Y average EBITDA margin for CarMax, Inc. (KMX)?
The 5Y average EBITDA margin for KMX stock is 0.26%.
What is the 10Y average EBITDA margin for CarMax, Inc. (KMX)?
The 10Y average EBITDA margin for KMX stock is 2.57%.
What is the 15Y average EBITDA margin for CarMax, Inc. (KMX)?
The 15Y average EBITDA margin for KMX stock is 3.41%.
What is the 20Y average EBITDA margin for CarMax, Inc. (KMX)?
The 20Y average EBITDA margin for KMX stock is 3.52%.

KMX EBITDA Margin History

DATEEBITDA MARGIN
2026-05-311.33%
2026-02-28-2.62%
2025-11-30-0.78%
2025-08-31-0.51%
2025-05-311.62%
2025-02-28-0.37%
2024-11-300.64%
2024-08-310.32%
2024-05-310.80%
2024-02-29-1.45%
2023-11-30-0.48%
2023-08-310.90%
2023-05-312.09%
2023-02-28-1.31%
2022-11-30-1.74%
2022-08-31-0.18%
2022-05-311.69%
2022-02-280.48%
2021-11-302.19%
2021-08-312.59%
2021-05-315.12%
2021-02-282.53%
2020-11-303.74%
2020-08-315.30%
2020-05-31-2.93%
2020-02-298.25%
2019-11-302.58%
2019-08-314.01%
2019-05-314.77%
2019-02-288.27%
2018-11-303.60%
2018-08-314.04%
2018-05-314.76%
2018-02-287.34%
2017-11-303.36%
2017-08-315.54%
2017-05-316.37%
2017-02-288.57%
2016-11-303.77%
2016-08-315.54%
2016-05-315.65%
2016-02-297.65%
2015-11-303.50%
2015-08-315.76%
2015-05-315.63%
2015-02-287.26%
2014-11-303.78%
2014-08-315.39%
2014-05-315.75%
2014-02-2843.38%
2013-11-303.29%
2013-08-315.43%
2013-05-315.50%
2013-02-284.54%
2012-11-303.42%
2012-08-314.96%
2012-05-315.45%
2012-02-296.02%
2011-11-304.37%
2011-08-315.57%
2011-05-316.01%
2011-02-284.57%
2010-12-274.38%
2010-09-105.91%
2010-05-315.36%
2010-02-28-5.40%
2009-11-303.77%
2009-08-315.34%
2009-05-314.64%
2009-04-093.19%
2008-11-30-0.30%
2008-08-312.45%
2008-05-312.40%
2008-02-292.43%
2007-11-302.36%
2007-08-314.01%
2007-05-313.78%
2007-02-282.57%
2006-11-302.81%
2006-08-313.21%
2006-05-313.68%
2006-02-283.01%
2005-11-301.18%
2005-08-312.66%
2005-05-312.53%
2005-02-282.66%
2004-11-301.05%
2004-10-082.50%
2004-05-313.08%
2004-02-291.78%
2003-11-301.48%
2003-09-153.74%
2003-05-313.10%
2003-02-281.45%
2002-11-300.93%
2002-08-313.25%

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
Consumer Cyclical / Auto - Dealerships
Sector
Consumer Cyclical
Industry
Auto - Dealerships
CEO
Keith Barr