CarMax, Inc. logo
KMXCarMax, Inc.

Free Cash Flow CAGR:83.82%(TTM)

Over longer horizons, Free Cash Flow CAGR averages 113.25% over 3 years and 13.85% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Free cash flow CAGR measures how the company's cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.

KMX Free Cash Flow CAGR Chart

CarMax, Inc. (KMX)

KMX Quarterly Free Cash Flow Growth (YoY)

Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.

KMX Free Cash Flow CAGR History

YearStart FCFEnd FCFChange% ChangeCAGR
2026$156.50M$1.24B+$1.09B+694.16%+694.16%
2025$-6.69M$156.50M+$163.19MN/AN/A
2024$860.62M$-6.69M$-867.31M-100.78%N/A
2023$-2.86B$860.62M+$3.72BN/AN/A
2022$503.22M$-2.86B$-3.36B-667.93%N/A
2021$-568.50M$503.22M+$1.07BN/AN/A
2020$-141.66M$-568.50M$-426.84MN/AN/A
2019$-377.37M$-141.66M+$235.70MN/AN/A
2018$-886.28M$-377.37M+$508.92MN/AN/A
2017$-464.48M$-886.28M$-421.81MN/AN/A
2016$-1.28B$-464.48M+$813.47MN/AN/A
2015$-923.48M$-1.28B$-354.47MN/AN/A
2014$-1.01B$-923.48M+$90.67MN/AN/A
2013$-234.78M$-1.01B$-779.37MN/AN/A
2012$-93.78M$-234.78M$-141.00MN/AN/A
2011$23.39M$-93.78M$-117.16M-501.00%N/A
2010$78.89M$23.39M$-55.51M-70.36%-70.36%
2009$-173.59M$78.89M+$252.48MN/AN/A
2008$-54.96M$-173.59M$-118.63MN/AN/A
2007$-72.14M$-54.96M+$17.18MN/AN/A
2006$-185.34M$-72.14M+$113.21MN/AN/A
2005$-32.87M$-185.34M$-152.47MN/AN/A
2004$-50.06M$-32.87M+$17.19MN/AN/A
2003$1.22M$-50.06M$-51.29M-4190.28%N/A
2002$6.97M$1.22M$-5.75M-82.44%-82.44%
2001$-70.49M$6.97M+$77.46MN/AN/A
2000$-261.90M$-70.49M+$191.41MN/AN/A
1999$-320.40M$-261.90M+$58.50MN/AN/A
1998$-115.80M$-320.40M$-204.60MN/AN/A

Quarterly Free Cash Flow: QoQ & YoY

QuarterValueQoQYoY
Q1 2026-$85.75M+87.5%
Q4 2026-$687.29M
Q3 2025$1.11B+70.2%
Q2 2025$654.03M+301.7%+28.3%
Q1 2025$162.81M+767.8%
Q4 2025$18.76M-90.6%
Q3 2024-$150.55M
Q2 2024$509.89M+905.4%
Q1 2024-$221.60M+31.2%
Q4 2024$199.77M+208.2%
Q3 2023$64.82M+27.8%-93.9%
Q2 2023$50.72M
Q1 2023-$322.00M+33.2%
Q4 2023-$481.97M+12.1%
Q3 2022$1.07B
Q2 2022-$161.02M+88.1%

QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.

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