Carmax annual debt-to-assets ratio
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2026
Carmax Debt-to-Assets Ratio Growth & History (KMX)
Carmax's debt-to-assets ratio was 0.71 for fiscal 2026.
View full Carmax company overviewCarmax annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | 0.71 | 0.00 | +0.26% |
| 2025 | 2025-02-28 | 0.71 | −0.01 | −1.28% |
| 2024 | 2024-02-29 | 0.72 | −0.01 | −1.65% |
| 2023 | 2023-02-28 | 0.73 | −0.01 | −1.03% |
| 2022 | 2022-02-28 | 0.74 | 0.01 | +1.47% |
| 2021 | 2021-02-28 | 0.73 | −0.03 | −3.83% |
| 2020 | 2020-02-29 | 0.76 | 0.02 | +2.85% |
| 2019 | 2019-02-28 | 0.74 | 0.01 | +0.92% |
| 2018 | 2018-02-28 | 0.73 | 0.00 | +0.39% |
| 2017 | 2017-02-28 | 0.73 | 0.01 | +1.78% |
| 2016 | 2016-02-29 | 0.71 | 0.05 | +6.82% |
| 2015 | 2015-02-28 | 0.67 | 0.02 | +3.15% |
| 2014 | 2014-02-28 | 0.65 | 0.02 | +3.16% |
| 2013 | 2013-02-28 | 0.63 | 0.02 | +3.54% |
| 2012 | 2012-02-29 | 0.61 | −0.01 | −1.67% |
| 2011 | 2011-02-28 | 0.62 | 0.56 | +953.26% |
| 2010 | 2010-02-28 | 0.06 | — | — |
Carmax quarterly debt-to-assets ratio
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Q1.27
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | 0.71 | −0.00 | −0.61% |
| Q4 2026 | 2026-02-28 | 0.71 | 0.00 | +0.26% |
| Q3 2026 | 2025-11-30 | 0.71 | −0.01 | −0.77% |
| Q2 2026 | 2025-08-31 | 0.72 | 0.00 | +0.24% |
| Q1 2026 | 2025-05-31 | 0.71 | −0.01 | −0.80% |
| Q4 2025 | 2025-02-28 | 0.71 | −0.01 | −1.28% |
| Q3 2025 | 2024-11-30 | 0.71 | −0.01 | −1.91% |
| Q2 2025 | 2024-08-31 | 0.71 | −0.01 | −1.25% |
| Q1 2025 | 2024-05-31 | 0.72 | −0.00 | −0.51% |
| Q4 2024 | 2024-02-29 | 0.72 | −0.01 | −1.65% |
| Q3 2024 | 2023-11-30 | 0.73 | −0.01 | −0.82% |
| Q2 2024 | 2023-08-31 | 0.72 | −0.01 | −1.84% |
| Q1 2024 | 2023-05-31 | 0.72 | −0.01 | −0.85% |
| Q4 2023 | 2023-02-28 | 0.73 | −0.01 | −1.03% |
| Q3 2023 | 2022-11-30 | 0.73 | −0.00 | −0.14% |
| Q2 2023 | 2022-08-31 | 0.74 | 0.00 | +0.54% |
| Q1 2023 | 2022-05-31 | 0.73 | 0.01 | +1.96% |
| Q4 2022 | 2022-02-28 | 0.74 | 0.01 | +1.47% |
| Q3 2022 | 2021-11-30 | 0.73 | −0.01 | −1.13% |
| Q2 2022 | 2021-08-31 | 0.73 | −0.01 | −1.91% |
| Q1 2022 | 2021-05-31 | 0.71 | −0.06 | −7.57% |
| Q4 2021 | 2021-02-28 | 0.73 | −0.03 | −3.83% |
| Q3 2021 | 2020-11-30 | 0.74 | 0.01 | +0.76% |
| Q2 2021 | 2020-08-31 | 0.75 | 0.01 | +1.13% |
| Q1 2021 | 2020-05-31 | 0.77 | 0.04 | +4.95% |
| Q4 2020 | 2020-02-29 | 0.76 | 0.02 | +2.85% |
| Q3 2020 | 2019-11-30 | 0.74 | 0.00 | +0.36% |
| Q2 2020 | 2019-08-31 | 0.74 | 0.01 | +1.79% |
| Q1 2020 | 2019-05-31 | 0.74 | 0.01 | +1.66% |
| Q4 2019 | 2019-02-28 | 0.74 | 0.01 | +0.92% |
| Q3 2019 | 2018-11-30 | 0.73 | 0.00 | +0.32% |
| Q2 2019 | 2018-08-31 | 0.72 | 0.00 | +0.00% |
| Q1 2019 | 2018-05-31 | 0.72 | 0.00 | +0.07% |
| Q4 2018 | 2018-02-28 | 0.73 | 0.00 | +0.39% |
| Q3 2018 | 2017-11-30 | 0.73 | 0.00 | +0.33% |
| Q2 2018 | 2017-08-31 | 0.72 | 0.01 | +0.98% |
| Q1 2018 | 2017-05-31 | 0.72 | 0.01 | +1.85% |
| Q4 2017 | 2017-02-28 | 0.73 | 0.01 | +1.78% |
| Q3 2017 | 2016-11-30 | 0.73 | −0.01 | −1.20% |
| Q2 2017 | 2016-08-31 | 0.72 | 0.01 | +1.85% |
| Q1 2017 | 2016-05-31 | 0.71 | 0.02 | +2.42% |
| Q4 2016 | 2016-02-29 | 0.71 | 0.05 | +6.82% |
| Q3 2016 | 2015-11-30 | 0.74 | 0.05 | +7.45% |
| Q2 2016 | 2015-08-31 | 0.70 | 0.04 | +6.05% |
| Q1 2016 | 2015-05-31 | 0.69 | 0.04 | +5.86% |
| Q4 2015 | 2015-02-28 | 0.67 | 0.02 | +3.15% |
| Q3 2015 | 2014-11-30 | 0.69 | 0.04 | +6.14% |
| Q2 2015 | 2014-08-31 | 0.66 | 0.02 | +2.72% |
| Q1 2015 | 2014-05-31 | 0.66 | 0.01 | +1.97% |
| Q4 2014 | 2014-02-28 | 0.65 | 0.02 | +3.16% |
| Q3 2014 | 2013-11-30 | 0.65 | — | — |
| Q2 2014 | 2013-08-31 | 0.65 | — | — |
| Q1 2014 | 2013-05-31 | 0.64 | 0.60 | +1417.26% |
| Q4 2013 | 2013-02-28 | 0.63 | 0.02 | +3.54% |
| Q1 2013 | 2012-05-31 | 0.04 | 0.04 | +948.37% |
| Q4 2012 | 2012-02-29 | 0.61 | −0.01 | −1.67% |
| Q3 2012 | 2011-11-30 | 0.01 | 0.00 | +70.93% |
| Q2 2012 | 2011-08-31 | 0.01 | 0.00 | +74.47% |
| Q1 2012 | 2011-05-31 | 0.00 | — | — |
| Q4 2011 | 2011-02-28 | 0.62 | 0.56 | +953.26% |
| Q3 2011 | 2010-11-30 | 0.00 | — | — |
| Q2 2011 | 2010-08-31 | 0.00 | — | — |
| Q4 2010 | 2010-02-28 | 0.06 | — | — |
Carmax debt-to-assets ratio trends
Over the last five fiscal years, Carmax's debt-to-assets ratio decreased from 0.73 to 0.71, a change of −0.02. The latest reported quarter, Q1 2027, shows 0.71.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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