Carmax

Carmax Interest Coverage

The Interest Coverage Ratio of Carmax (KMX) as of Oct 21, 2026 is -0.47. In the previous year, Interest Coverage Ratio was -0.46 — a change of 0.34% (lower).

Interest Coverage

-0.47

YoY

0.34%

Last updated:

Interest Coverage Ratio of Carmax is 2025 -0.47 . Interest Coverage Ratio of Carmax was 2024 -0.46 . It decreases by 0.34% lower compared to the previous year.

The Carmax Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
2.03 USD
Jan 1, 2019
1.54 USD
Jan 1, 2020
1.48 USD
Jan 1, 2021
0.57 USD
Jan 1, 2022
0.78 USD
Jan 1, 2023
-0.57 USD
Jan 1, 2024
-0.46 USD
Jan 1, 2025
-0.47 USD
The Carmax Interest Coverage history
YEARInterest CoverageYoY
-0.47+0.34%
-0.46-19.00%
-0.57-173.44%
0.78+36.20%
0.57-61.42%
1.48-3.52%
1.54-24.27%
2.03-8.63%
2.22+18.57%
1.87+2.05%
1.84+13.67%
1.62—

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Carmax Stock analysis

What does Carmax do? Carmax Inc. is an American company that specializes in the sale of used vehicles. Founded in the 1990s, the company is headquartered in Richmond, Virginia, and currently operates over 220 locations in the USA. Carmax was created in response to the need for a specialized company focused on selling used vehicles. The business model aims to revolutionize the used car market by making the process of buying a vehicle as easy and stress-free as possible for customers. Carmax offers a wide selection of used vehicles from various brands and models at competitive prices. Additionally, the company provides warranties, returns, and financing options to make the purchasing process as convenient as possible. The company also offers vehicle evaluations and inspection services to ensure that every vehicle is in excellent condition and meets customer expectations. Carmax has its own mechanics and workshops for vehicle repairs and maintenance. They also offer service packages to ensure that customers' vehicles are well-maintained and long-lasting. In addition to vehicle sales and services, Carmax offers a range of products and services to enhance the customer buying experience, including warranties, returns, financing, insurance, and brokerage services. Customers can also use online tools to select, buy, and sell their used vehicles. Carmax has become one of the leading providers of used vehicles in the USA, offering a wide range of vehicles from different brands and models at competitive prices. The company continues to innovate and provide customers with the best vehicle deals. Carmax is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Carmax stock

Interest Coverage Ratio of Carmax is -0.47 in 2025.

Interest Coverage Ratio of Carmax changed from -0.46 to -0.47, representing a 0.34% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Carmax since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Carmax with sector peers and the industry average to assess whether it is attractive.

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Leverage — Carmax

All Key Metrics — Carmax