CarMax Inc (KMX) — Cash Flow Reinvestment Rate

Latest as of November 2025: 0.11x

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. Explore KMX capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.11x
(Capex + Investments) / Operating CF

Total Reinvested

$141.98 Million
Capex + Investments

Operating Cash Flow

$1.25 Billion
USD

Capital Expenditures

$139.76 Million
USD

CarMax Inc Cash Flow Reinvestment Rate (2001–2026)

Historical reinvestment intensity for CarMax Inc across 16 annual periods. Also explore KMX current and non-current assets for the complete picture of this company's asset base.

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 KMX market cap overview.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow