KMX Carmax PE ratio, current and historical analysis

The current PE ratio for Carmax stock as of Apr 22, 2025 is 20.2. This is calculated based on the TTM EPS of $3.22 and the stock price of $65.05 per share. The PE ratio marks a decrease of 29% from its last 4 quarters average of 28.4.

KMX PE ratio history

How has KMX's PE ratio performed in the past

The average historical PE ratio of Carmax for the last ten years is 20.19. The current P/E ratio of 20.2 is similar to the historical average. Looking back at the last ten years, KMX's PE ratio peaked in the Aug 2024 quarter at 31.79, when the price was $84.55 and the EPS was $2.66. The lowest point was in the Feb 2019 quarter, when it reached 12.86 with a price of $62.1 and an EPS of $4.83.

Today
20.92
Average
20.19
Median
18.9
Minimum
12.86
Maximum
31.79

Carmax PE ratio by year

Maximum annual increase: 61.05% in 2021

Maximum annual decrease: -40.9% in 2022

Year PE ratio PE change Price EPS
2025 25.77 -1.15% $82.97 $3.22
2024 26.07 15.15% $79 $3.03
2023 22.64 46.82% $69.04 $3.05
2022 15.42 -40.9% $109.33 $7.09
2021 26.09 61.05% $119.51 $4.58
2020 16.2 25.97% $87.31 $5.39
2019 12.86 -24.4% $62.1 $4.83
2018 17.01 -13.3% $61.92 $3.64
2017 19.62 30.19% $64.54 $3.29
2016 15.07 -37.8% $46.26 $3.07
2015 24.23 10.09% $67.11 $2.77
2014 22.01 8.85% $48.43 $2.2
2013 20.22 20.57% $38.41 $1.9
2012 16.77 -20.33% $30.69 $1.83
2011 21.05 30.34% $35.37 $1.68

Carmax PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Feb 2025 25.77 -9.45% $82.97 $3.22
Nov 2024 28.46 -10.47% $83.97 $2.95
Aug 2024 31.79 15.81% $84.55 $2.66
May 2024 27.45 5.29% $70.26 $2.56
Feb 2024 26.07 28.42% $79 $3.03
Nov 2023 20.3 -28.67% $63.94 $3.15
Aug 2023 28.46 14.71% $81.68 $2.87
May 2023 24.81 9.58% $72.21 $2.91
Feb 2023 22.64 17.49% $69.04 $3.05
Nov 2022 19.27 9.36% $69.36 $3.6
Aug 2022 17.62 6.14% $88.44 $5.02
May 2022 16.6 7.65% $99.27 $5.98
Feb 2022 15.42 -19.44% $109.33 $7.09
Nov 2021 19.14 9.43% $141.25 $7.38
Aug 2021 17.49 9.79% $125.21 $7.16

KMX average PE ratio chart

What is the average PE ratio of KMX for the past years

The current PE ratio of KMX is higher than its 10-year average, but it is lower than its 3 and 5-year averages.

3-year avg
24.1
5-year avg
22.6
10-year avg
20.19
15-year avg
19.84

KMX PE vs peers

What is KMX's PE ratio compared to its peers

In comparison to its peers CPRT and KAR, KMX's PE ratio is lower, but it is higher than PAG's and AN's. Carmax is currently trading at a lower PE ratio (20.2) than its peers average of 25.39.

Stock name PE ratio Market cap
AN Autonation Inc 10.07 $6.72B
GPI Group 1 Automotive Inc 11.06 $5.42B
PAG Penske Automotive Group Inc 11.56 $10.6B
RUSHA Rush Enterprises Inc 13.53 $4.13B
KMX Carmax Inc 20.92 $10.29B
CPRT Copart Inc 40.29 $59.16B
KAR KAR Auction Services Inc 41.02 $2.02B
CRMT Americas Carmart Inc 53.99 $410.37M

Frequently asked questions

What is Carmax's PE ratio?

The price to earnings ratio for KMX stock as of Apr 22, 2025, stands at 20.2.

What is the 3-year average PE ratio for Carmax (KMX)?

The 3-year average price to earnings ratio for KMX stock is 24.1.

What is the 5-year average PE ratio for Carmax (KMX)?

The 5-year average price to earnings ratio for KMX stock is 22.6.

What is the highest PE ratio for KMX?

The highest quarterly PE ratio in the last ten years has been 31.79 and it was in the Aug 2024 quarter.

How does the current PE ratio for KMX compare to its historical average?

The current PE ratio of KMX is 0% higher than the 10-year historical average.

How is KMX's PE ratio calculated (Carmax PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 22, 2025), Carmax's share price is $65.05. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2025 is $3.22. Therefore, Carmax's PE ratio for today is 20.2. PE RATIO(20.2) = STOCK PRICE($65.05) / TTM EPS($3.22)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.