CARMAX, INC. (KMX) Return on equity 2017–2026
CARMAX, INC. (KMX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
4.2%FY2026 · since FY2017: 20.2% → 4.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 4.2% | -3.8 pp |
| FY2025 | 8.0% | +0.1 pp |
| FY2024 | 7.9% | -0.8 pp |
| FY2023 | 8.6% | -13.3 pp |
| FY2022 | 22.0% | +4.9 pp |
| FY2021 | 17.1% | -6.5 pp |
| FY2020 | 23.6% | -1.5 pp |
| FY2019 | 25.1% | +5.1 pp |
| FY2018 | 20.0% | -0.1 pp |
| FY2017 | 20.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice