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. See CarMax Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see CarMax Inc cash conversion from operations.
Annual Cash Flow Reinvestment Rate for CarMax Inc (2001–2026)
Year-by-year capital reinvestment analysis for CarMax Inc. See CarMax Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| 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 | — |