Carmax annual capital expenditures (capex)
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Carmax Capital Expenditures (CapEx) Growth & History (KMX)
Carmax's capital expenditures (capex) was $541.0M for fiscal 2026.
View full Carmax company overviewCarmax annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | $541.0M | $73.0M | +15.61% |
| 2025 | 2025-02-28 | $467.9M | $2.6M | +0.57% |
| 2024 | 2024-02-29 | $465.3M | $42.6M | +10.08% |
| 2023 | 2023-02-28 | $422.7M | $114.2M | +37.01% |
| 2022 | 2022-02-28 | $308.5M | $144.0M | +87.52% |
| 2021 | 2021-02-28 | $164.5M | −$167.4M | −50.43% |
| 2020 | 2020-02-29 | $331.9M | $27.3M | +8.95% |
| 2019 | 2019-02-28 | $304.6M | $7.8M | +2.63% |
| 2018 | 2018-02-28 | $296.8M | −$121.3M | −29.02% |
| 2017 | 2017-02-28 | $418.1M | $102.6M | +32.50% |
| 2016 | 2016-02-29 | $315.6M | $5.8M | +1.86% |
| 2015 | 2015-02-28 | $309.8M | −$500,000 | −0.16% |
| 2014 | 2014-02-28 | $310.3M | $74.6M | +31.65% |
| 2013 | 2013-02-28 | $235.7M | $63.1M | +36.56% |
| 2012 | 2012-02-29 | $172.6M | $96.0M | +125.42% |
| 2011 | 2011-02-28 | $76.6M | $54.1M | +241.32% |
| 2010 | 2010-02-28 | $22.4M | −$163.3M | −87.92% |
| 2009 | 2009-02-28 | $185.7M | — | — |
Carmax quarterly capital expenditures (capex)
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Q1.11
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Q3.11
Q4.11
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Q1.13
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Q3.24
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Q1.25
Q2.25
Q3.25
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Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | $103.3M | −$33.4M | −24.43% |
| Q4 2026 | 2026-02-28 | $133.0M | $5.4M | +4.24% |
| Q3 2026 | 2025-11-30 | $139.8M | $12.6M | +9.87% |
| Q2 2026 | 2025-08-31 | $131.5M | $22.3M | +20.38% |
| Q1 2026 | 2025-05-31 | $136.7M | $32.8M | +31.59% |
| Q4 2025 | 2025-02-28 | $127.6M | $17.8M | +16.16% |
| Q3 2025 | 2024-11-30 | $127.2M | −$18.1M | −12.44% |
| Q2 2025 | 2024-08-31 | $109.2M | $35.8M | +48.69% |
| Q1 2025 | 2024-05-31 | $103.9M | −$32.8M | −23.99% |
| Q4 2024 | 2024-02-29 | $109.9M | $6.6M | +6.43% |
| Q3 2024 | 2023-11-30 | $145.3M | $30.3M | +26.30% |
| Q2 2024 | 2023-08-31 | $73.4M | −$36.2M | −33.02% |
| Q1 2024 | 2023-05-31 | $136.7M | $41.9M | +44.21% |
| Q4 2023 | 2023-02-28 | $103.2M | $21.6M | +26.45% |
| Q3 2023 | 2022-11-30 | $115.0M | $26.0M | +29.15% |
| Q2 2023 | 2022-08-31 | $109.7M | $31.0M | +39.35% |
| Q1 2023 | 2022-05-31 | $94.8M | $35.7M | +60.30% |
| Q4 2022 | 2022-02-28 | $81.6M | $41.0M | +101.14% |
| Q3 2022 | 2021-11-30 | $89.1M | $57.1M | +178.73% |
| Q2 2022 | 2021-08-31 | $78.7M | $49.6M | +170.17% |
| Q1 2022 | 2021-05-31 | $59.1M | −$3.7M | −5.93% |
| Q4 2021 | 2021-02-28 | $40.6M | −$42.1M | −50.94% |
| Q3 2021 | 2020-11-30 | $32.0M | −$45.9M | −58.94% |
| Q2 2021 | 2020-08-31 | $29.1M | −$63.3M | −68.47% |
| Q1 2021 | 2020-05-31 | $62.9M | −$16.1M | −20.39% |
| Q4 2020 | 2020-02-29 | $82.7M | $21.4M | +34.89% |
| Q3 2020 | 2019-11-30 | $77.8M | $5.6M | +7.80% |
| Q2 2020 | 2019-08-31 | $92.4M | $986,000 | +1.08% |
| Q1 2020 | 2019-05-31 | $79.0M | −$750,000 | −0.94% |
| Q4 2019 | 2019-02-28 | $61.3M | −$7.9M | −11.45% |
| Q3 2019 | 2018-11-30 | $72.2M | −$249,000 | −0.34% |
| Q2 2019 | 2018-08-31 | $91.4M | $15.7M | +20.74% |
| Q1 2019 | 2018-05-31 | $79.7M | $304,000 | +0.38% |
| Q4 2018 | 2018-02-28 | $69.3M | −$33.3M | −32.50% |
| Q3 2018 | 2017-11-30 | $72.4M | −$28.5M | −28.24% |
| Q2 2018 | 2017-08-31 | $75.7M | −$41.4M | −35.37% |
| Q1 2018 | 2017-05-31 | $79.4M | −$18.0M | −18.52% |
| Q4 2017 | 2017-02-28 | $102.6M | $27.9M | +37.26% |
| Q3 2017 | 2016-11-30 | $101.0M | $5.8M | +6.15% |
| Q2 2017 | 2016-08-31 | $117.1M | $30.8M | +35.73% |
| Q1 2017 | 2016-05-31 | $97.5M | $38.0M | +63.98% |
| Q4 2016 | 2016-02-29 | $74.7M | $3.8M | +5.34% |
| Q3 2016 | 2015-11-30 | $95.1M | −$8.5M | −8.17% |
| Q2 2016 | 2015-08-31 | $86.3M | $4.7M | +5.77% |
| Q1 2016 | 2015-05-31 | $59.4M | $5.7M | +10.66% |
| Q4 2015 | 2015-02-28 | $71.0M | −$26.5M | −27.16% |
| Q3 2015 | 2014-11-30 | $103.6M | $26.7M | +34.70% |
| Q2 2015 | 2014-08-31 | $81.6M | −$12.4M | −13.18% |
| Q1 2015 | 2014-05-31 | $53.7M | $11.7M | +27.74% |
| Q4 2014 | 2014-02-28 | $97.4M | $46.7M | +91.90% |
| Q3 2014 | 2013-11-30 | $76.9M | −$4.1M | −5.10% |
| Q2 2014 | 2013-08-31 | $94.0M | $37.7M | +66.96% |
| Q1 2014 | 2013-05-31 | $42.0M | −$5.6M | −11.74% |
| Q4 2013 | 2013-02-28 | $50.8M | −$15.9M | −23.80% |
| Q3 2013 | 2012-11-30 | $81.0M | $55.3M | +214.47% |
| Q2 2013 | 2012-08-31 | $56.3M | $7.1M | +14.44% |
| Q1 2013 | 2012-05-31 | $47.6M | $16.6M | +53.44% |
| Q4 2012 | 2012-02-29 | $66.6M | $28.6M | +75.14% |
| Q3 2012 | 2011-11-30 | $25.8M | $2.5M | +10.56% |
| Q2 2012 | 2011-08-31 | $49.2M | $43.1M | +709.13% |
| Q1 2012 | 2011-05-31 | $31.0M | $21.9M | +239.15% |
| Q4 2011 | 2011-02-28 | $38.0M | — | — |
| Q3 2011 | 2010-11-30 | $23.3M | $19.3M | +476.26% |
| Q2 2011 | 2010-08-31 | $6.1M | — | — |
| Q1 2011 | 2010-05-31 | $9.2M | — | — |
| Q3 2010 | 2009-11-30 | $4.0M | — | — |
Carmax capital expenditures (capex) trends
Over the last five fiscal years, Carmax's capital expenditures (capex) increased from $164.5M to $541.0M, a change of $376.5M. The latest reported quarter, Q1 2027, shows $103.3M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Carmax source filings ↗