CarMax Inc (KMX) — Cash Flow Reinvestment Rate
CarMax Inc (KMX) has a Cash Flow Reinvestment Rate of 0.11x as of November 2025, reinvesting $141.98 Million (capex $139.76 Million plus investments $-2.22 Million) from operating cash flow of $1.25 Billion. Check CarMax Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
CarMax Inc Cash Flow Reinvestment Rate (2001–2026)
Historical reinvestment intensity for CarMax Inc across 16 annual periods. Explore how much of CarMax Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for CarMax Inc (2001–2026)
Year-by-year capital reinvestment analysis for CarMax Inc. For live market cap and broader valuation context, see CarMax Inc market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.31x | $548.00 Million | $1.78 Billion | $540.99 Million | ▼ -79.3% |
| 2025 | 1.49x | $928.94 Million | $624.44 Million | $467.94 Million | ▼ -26.8% |
| 2024 | 2.03x | $932.30 Million | $458.62 Million | $465.31 Million | ▲ +207.5% |
| 2023 | 0.66x | $848.48 Million | $1.28 Billion | $422.71 Million | ▲ +161.0% |
| 2021 | 0.25x | $169.13 Million | $667.76 Million | $164.54 Million | ▼ -86.7% |
| 2019 | 1.90x | $309.20 Million | $162.97 Million | $304.64 Million | ▲ +325.3% |
| 2010 | 0.45x | $22.43 Million | $50.29 Million | $22.43 Million | ▼ -36.4% |
| 2009 | 0.70x | $185.70 Million | $264.59 Million | $185.70 Million | ▼ -77.9% |
| 2008 | 3.18x | $253.11 Million | $79.52 Million | $253.11 Million | ▲ +127.1% |
| 2007 | 1.40x | $191.76 Million | $136.80 Million | $191.76 Million | ▼ -11.8% |
| 2006 | 1.59x | $194.43 Million | $122.30 Million | $194.43 Million | ▼ -69.1% |
| 2005 | 5.14x | $230.08 Million | $44.74 Million | $230.08 Million | ▲ +321.1% |
| 2004 | 1.22x | $181.34 Million | $148.46 Million | $181.34 Million | ▼ -28.0% |
| 2003 | 1.70x | $122.03 Million | $71.97 Million | $122.03 Million | ▲ +74.6% |
| 2002 | 0.97x | $41.42 Million | $42.64 Million | $41.42 Million | ▲ +59.6% |
| 2001 | 0.61x | $10.83 Million | $17.81 Million | $10.83 Million | — |