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KMXCarMax, Inc.

Operating Margin: 0.17%

Is the operating margin high or low?

The operating margin of 0.17% is 130% above its 5-year average of -0.57%, around the middle of its 5-year range (-4.20%–4.31%).

As of Sunday, June 28, 2026. 111.19% above its 12-month average of -1.51%.

Operating Margin

KMX Operating Margin

0.17%

Reported quarterly operating margin; no daily interpolation.

-90.36% 5Y
KMX Operating Margin

KMX Average Operating Margin Chart

KMX Operating Margin

KMX Current vs Average Operating Margin Chart

KMX Operating Margin Metrics

OPERATING MARGIN

0.17%

OPERATING MARGIN AVG TTM

-1.51%

OPERATING MARGIN AVG 3Y

-1.05%

OPERATING MARGIN AVG 5Y

-0.81%

OPERATING MARGIN AVG 10Y

1.49%

OPERATING MARGIN AVG 15Y

2.40%

OPERATING MARGIN AVG 20Y

2.69%

CURRENT VS TTM AVG

+111.19%

CURRENT VS 3Y AVG

+116.17%

CURRENT VS 5Y AVG

+120.91%

CURRENT VS 10Y AVG

-88.65%

CURRENT VS 15Y AVG

-92.94%

CURRENT VS 20Y AVG

-93.70%

KMX Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
CarMax, Inc. (KMX)$7.49B0.17%-1.51%-1.05%-0.81%
Etsy, Inc. (ETSY)vs ›$7.41B14.26%13.15%2.70%9.23%
Mohawk Industries, Inc. (MHK)vs ›$7.30B4.89%5.57%2.66%4.87%
Chewy, Inc. (CHWY)vs ›$7.68B1.72%1.48%0.92%0.50%
The Gap, Inc. (GAP)vs ›$7.28B8.44%7.31%4.49%2.76%
LKQ Corporation (LKQ)vs ›$6.89B7.30%8.08%9.58%9.68%
Macy's, Inc. (M)vs ›$6.83B4.47%4.25%3.25%5.13%
Crocs, Inc. (CROX)vs ›$6.35B21.50%23.44%24.30%23.70%
The Gap, Inc. (GPS)vs ›$9.21B8.44%7.31%6.27%4.65%
CAVA Group, Inc. (CAVA)vs ›$9.71B7.17%5.60%0.32%-1.86%

Operating Efficiency

Gross Margin

10.2%

Operating Margin

0.2%

Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Operating Margin FAQ

What is the operating margin for CarMax, Inc. (KMX)?
The operating margin for KMX stock is 0.17%.
Is CarMax, Inc.'s operating margin high or low?
The operating margin of 0.17% is 130% above its 5-year average of -0.57%, around the middle of its 5-year range (-4.20%–4.31%).
What is the TTM average operating margin for CarMax, Inc. (KMX)?
The TTM average operating margin for KMX stock is -1.51%.
What is the 3Y average operating margin for CarMax, Inc. (KMX)?
The 3Y average operating margin for KMX stock is -1.05%.
What is the 5Y average operating margin for CarMax, Inc. (KMX)?
The 5Y average operating margin for KMX stock is -0.81%.
What is the 10Y average operating margin for CarMax, Inc. (KMX)?
The 10Y average operating margin for KMX stock is 1.49%.
What is the 15Y average operating margin for CarMax, Inc. (KMX)?
The 15Y average operating margin for KMX stock is 2.40%.
What is the 20Y average operating margin for CarMax, Inc. (KMX)?
The 20Y average operating margin for KMX stock is 2.69%.

KMX Operating Margin History

DATEOPERATING MARGIN
2026-05-310.17%
2026-02-28-4.20%
2025-11-30-2.31%
2025-08-31-1.79%
2025-05-310.56%
2025-02-28-1.66%
2024-11-30-0.57%
2024-08-31-0.71%
2024-05-31-0.18%
2024-02-29-2.64%
2023-11-30-1.57%
2023-08-310.00%
2023-05-311.27%
2023-02-28-2.41%
2022-11-30-2.74%
2022-08-31-1.00%
2022-05-310.93%
2022-02-28-0.47%
2021-11-301.35%
2021-08-311.76%
2021-05-314.31%
2021-02-281.33%
2020-11-302.56%
2020-08-314.18%
2020-05-31-4.74%
2020-02-297.09%
2019-11-301.44%
2019-08-313.01%
2019-05-313.81%
2019-02-287.19%
2018-11-302.55%
2018-08-313.09%
2018-05-313.81%
2018-02-286.20%
2017-11-302.27%
2017-08-314.54%
2017-05-315.40%
2017-02-287.50%
2016-11-302.62%
2016-08-314.48%
2016-05-314.66%
2016-02-296.66%
2015-11-302.51%
2015-08-314.91%
2015-05-314.83%
2015-02-286.40%
2014-11-302.93%
2014-08-314.60%
2014-05-315.02%
2014-02-2842.47%
2013-11-302.45%
2013-08-314.67%
2013-05-314.77%
2013-02-283.67%
2012-11-302.48%
2012-08-314.11%
2012-05-314.62%
2012-02-294.62%
2011-11-303.43%
2011-08-314.81%
2011-05-315.28%
2011-02-283.87%
2010-12-273.69%
2010-09-105.29%
2010-05-314.72%
2010-02-28-6.18%
2009-11-302.94%
2009-08-314.64%
2009-05-313.82%
2009-04-092.28%
2008-11-30-1.25%
2008-08-311.67%
2008-05-311.80%
2008-02-291.82%
2007-11-301.72%
2007-08-313.49%
2007-05-313.28%
2007-02-282.07%
2006-11-302.34%
2006-08-312.76%
2006-05-313.25%
2006-02-282.55%
2005-11-300.69%
2005-08-312.28%
2005-05-312.15%
2005-02-282.17%
2004-11-300.68%
2004-10-082.15%
2004-05-312.76%
2004-02-291.43%
2003-11-301.12%
2003-09-153.39%
2003-05-312.75%
2003-02-281.14%
2002-11-300.55%
2002-08-312.85%

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