Carmax price to free cash flow KMX

Market value divided by free cash flow over the last twelve months, since 2020.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 6.1×; Jun 2026
6-year median: 26.5×
6-year range: 2.9× to 143×
Peer median: 15.1×

Carmax's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Jun 2026, at 6.1×.

On the days it had one over the last 6 years, its median was 26.5×, from 2.9× in Dec 2025 to 143× in Aug 2024.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	6.1×	2.9×	6.1×
2025	2.9×	2.9×	66.9×
2024	23.5×	20.2×	143×
2023	38.8×	11.2×	132×
2022	n/m a value too high to mean anything
2021	41.3×	30.6×	43.2×
2020	29.5×	22.0×	30.6×

Against its peers

Companies in Auto - Dealerships nearest Carmax's size, closest first, today.

Company	Price to free cash flow
KMXCarmax	n/m
LADLithia Motors	n/m
MUSAMurphy USA	18.1×
ANAutonation	440×
RUSHARush Enterprises	15.1×
RRyder System	15.1×
PAGPenske Automotive	n/m
ABGAsbury Automotive	n/m
GPIGroup 1 Automotive	17.6×
SAHSonic Automotive	7.9×
DRVNDriven Brands	14.5×
Peer median	15.1×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Carmax

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.