Superworth

Carmax profit margin KMX

Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.

Net margin, 12 months
1.1%
Net margin on a year earlier
−0.9 pts
Peer median
2.8%

Over the twelve months to Aug 31, 2026, Carmax kept 1.1% of its revenue as net profit and a gross margin of 10.3%.

Five years earlier its net margin was 4.5%.

The median for 10 car dealers of a similar size is 2.8%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20261.0%n/a10.8%
FY20251.9%n/a11.0%
FY20241.8%n/a10.2%
FY20231.6%n/a9.4%
FY20223.6%n/a10.3%
FY20213.9%5.5%12.6%
FY20204.4%6.1%13.4%
FY20194.6%6.5%13.6%
FY20183.9%6.6%13.6%
FY20173.9%6.7%13.8%
FY20164.1%7.0%13.3%
FY20154.2%7.0%13.2%
FY20143.9%6.6%13.1%
FY20134.0%6.7%13.4%
FY20124.1%7.0%13.8%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY271.1%−0.9 pts
Q1 FY270.8%−1.2 pts
Q4 FY261.0%−0.9 pts
Q3 FY261.8%−0.0 pts
Q2 FY262.0%+0.4 pts
Q1 FY262.1%+0.5 pts
Q4 FY251.9%+0.1 pts
Q3 FY251.8%−0.1 pts
Q2 FY251.6%−0.1 pts
Q1 FY251.6%−0.1 pts
Q4 FY241.8%+0.2 pts
Q3 FY241.9%+0.1 pts

Against its peers

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

Where Carmax ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Carmax

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