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KMXCarMax, Inc.

Debt to Equity Ratio: 3.05

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

Is the debt to equity ratio high or low?

The debt to equity ratio of 3.05 is in line with its 5-year average of 3.28, near the low end of its 5-year range (2.94–3.68).

As of Sunday, June 28, 2026. 0.38% below its 12-month average of 3.06.

Current Ratio|Quick Ratio|ROE|All Metrics
Debt to Equity

KMX Debt to Equity Ratio

3.05

Reported quarterly debt to equity ratio; no daily interpolation.

-15.56% 5Y
KMX Debt to Equity Ratio

KMX Average Debt to Equity Ratio Chart

KMX Debt to Equity Ratio

KMX Current vs Average Debt to Equity Ratio Chart

KMX Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

3.05

DEBT TO EQUITY RATIO AVG TTM

3.06

DEBT TO EQUITY RATIO AVG 3Y

3.14

DEBT TO EQUITY RATIO AVG 5Y

3.28

DEBT TO EQUITY RATIO AVG 10Y

3.62

DEBT TO EQUITY RATIO AVG 15Y

3.21

DEBT TO EQUITY RATIO AVG 20Y

2.54

CURRENT VS TTM AVG

-0.38%

CURRENT VS 3Y AVG

-2.98%

CURRENT VS 5Y AVG

-7.16%

CURRENT VS 10Y AVG

-15.90%

CURRENT VS 15Y AVG

-5.16%

CURRENT VS 20Y AVG

+19.80%

KMX Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
CarMax, Inc. (KMX)$7.49B3.053.063.143.28
Etsy, Inc. (ETSY)vs ›$7.41B-2.802.652.061.43
Mohawk Industries, Inc. (MHK)vs ›$7.30B0.290.320.360.35
Chewy, Inc. (CHWY)vs ›$7.68B1.121.521.366.97
The Gap, Inc. (GAP)vs ›$7.28B1.481.581.992.20
LKQ Corporation (LKQ)vs ›$6.89B0.770.850.830.80
Macy's, Inc. (M)vs ›$6.83B1.071.161.271.45
Crocs, Inc. (CROX)vs ›$6.35B1.251.091.6812.74
The Gap, Inc. (GPS)vs ›$9.21B1.481.581.752.05
CAVA Group, Inc. (CAVA)vs ›$9.71B0.600.570.580.58

Financial Health

Debt/Equity

3.05

Current Ratio

2.20

Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Equity Ratio FAQ

What is the debt to equity ratio for CarMax, Inc. (KMX)?
The debt to equity ratio for KMX stock is 3.05.
Is CarMax, Inc.'s debt to equity ratio high or low?
The debt to equity ratio of 3.05 is in line with its 5-year average of 3.28, near the low end of its 5-year range (2.94–3.68).
What is the TTM average debt to equity ratio for CarMax, Inc. (KMX)?
The TTM average debt to equity ratio for KMX stock is 3.06.
What is the 3Y average debt to equity ratio for CarMax, Inc. (KMX)?
The 3Y average debt to equity ratio for KMX stock is 3.14.
What is the 5Y average debt to equity ratio for CarMax, Inc. (KMX)?
The 5Y average debt to equity ratio for KMX stock is 3.28.
What is the 10Y average debt to equity ratio for CarMax, Inc. (KMX)?
The 10Y average debt to equity ratio for KMX stock is 3.62.
What is the 15Y average debt to equity ratio for CarMax, Inc. (KMX)?
The 15Y average debt to equity ratio for KMX stock is 3.21.
What is the 20Y average debt to equity ratio for CarMax, Inc. (KMX)?
The 20Y average debt to equity ratio for KMX stock is 2.54.

KMX Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-05-313.05
2026-02-283.15
2025-11-302.94
2025-08-313.09
2025-05-313.07
2025-02-283.11
2024-11-303.09
2024-08-313.11
2024-05-313.13
2024-02-293.18
2023-11-303.22
2023-08-313.24
2023-05-313.25
2023-02-283.40
2022-11-303.42
2022-08-313.56
2022-05-313.54
2022-02-283.68
2021-11-303.64
2021-08-313.61
2021-05-313.43
2021-02-283.59
2020-11-303.73
2020-08-313.98
2020-05-314.31
2020-02-294.21
2019-11-304.21
2019-08-314.24
2019-05-314.33
2019-02-284.23
2018-11-304.04
2018-08-313.90
2018-05-313.92
2018-02-283.96
2017-11-303.94
2017-08-313.94
2017-05-313.89
2017-02-283.91
2016-11-303.92
2016-08-313.75
2016-05-313.65
2016-02-293.67
2015-11-303.64
2015-08-313.06
2015-05-312.90
2015-02-282.89
2014-11-302.77
2014-08-312.45
2014-05-312.39
2014-02-282.29
2013-11-302.22
2013-08-312.32
2013-05-312.18
2013-02-282.06
2012-11-301.90
2012-08-311.85
2012-05-311.84
2012-02-291.89
2011-11-301.70
2011-08-311.70
2011-05-311.72
2011-02-281.76
2010-12-271.86
2010-09-101.95
2010-05-311.99
2010-02-280.08
2009-11-300.08
2009-08-310.22
2009-05-310.26
2009-04-090.21
2008-11-300.18
2008-08-310.15
2008-05-310.21
2008-02-290.22
2007-11-300.13
2007-08-310.08
2007-05-310.13
2007-02-280.15
2006-11-300.10
2006-08-310.12
2006-05-310.16
2006-02-280.20
2005-11-300.14
2005-08-310.16
2005-05-310.20
2005-02-280.24
2004-11-300.15
2004-10-080.14
2004-05-310.18
2004-02-290.15
2003-11-300.16
2003-09-150.16
2003-05-310.19
2003-02-280.28
2002-11-300.19
2002-08-310.19

Related Metrics

Current RatioQuick RatioROEAll 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
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