CarMax Inc (KMX) — Financial Flexibility Index
CarMax Inc (KMX) has a Financial Flexibility Index of -0.02x as of February 2026. Free cash flow of $-421.24 Million (operating CF $-554.27 Million minus capex $133.03 Million) represents 0% of total liabilities ($20.48 Billion). Check CarMax Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
CarMax Inc Financial Flexibility Index (1997–2026)
Historical Financial Flexibility Index trend for CarMax Inc across 30 annual periods. For the full cash flow conversion analysis, see CarMax Inc cash conversion from operations.
Annual Financial Flexibility Index for CarMax Inc (1997–2026)
Year-by-year free cash flow to debt coverage for CarMax Inc. Explore CarMax Inc (KMX) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.11x | $2.32 Billion | $1.78 Billion | $20.48 Billion | ▲ +119.9% |
| 2025 | 0.05x | $1.09 Billion | $624.44 Million | $21.16 Billion | ▲ +18.0% |
| 2024 | 0.04x | $923.92 Million | $458.62 Million | $21.12 Billion | ▼ -47.3% |
| 2023 | 0.08x | $1.71 Billion | $1.28 Billion | $20.57 Billion | ▲ +178.1% |
| 2022 | -0.11x | $-2.24 Billion | $-2.55 Billion | $21.10 Billion | ▼ -319.2% |
| 2021 | 0.05x | $832.30 Million | $667.76 Million | $17.18 Billion | ▲ +780.4% |
| 2020 | 0.01x | $95.29 Million | $-236.61 Million | $17.31 Billion | ▼ -81.9% |
| 2019 | 0.03x | $467.61 Million | $162.97 Million | $15.36 Billion | ▲ +99.4% |
| 2018 | 0.02x | $216.27 Million | $-80.55 Million | $14.17 Billion | ▲ +502.1% |
| 2017 | 0.00x | $-49.99 Million | $-468.14 Million | $13.17 Billion | ▼ -126.4% |
| 2016 | 0.01x | $166.69 Million | $-148.89 Million | $11.58 Billion | ▲ +122.0% |
| 2015 | -0.07x | $-658.31 Million | $-968.13 Million | $10.04 Billion | ▼ -81.6% |
| 2014 | -0.04x | $-302.85 Million | $-613.16 Million | $8.39 Billion | ▲ +54.3% |
| 2013 | -0.08x | $-542.73 Million | $-778.44 Million | $6.87 Billion | ▼ -504.8% |
| 2012 | 0.02x | $110.45 Million | $-62.16 Million | $5.66 Billion | ▲ +49.5% |
| 2011 | 0.01x | $59.38 Million | $-17.20 Million | $4.55 Billion | ▼ -88.8% |
| 2010 | 0.12x | $72.72 Million | $50.29 Million | $622.61 Million | ▼ -79.6% |
| 2009 | 0.57x | $450.29 Million | $264.59 Million | $786.12 Million | ▲ +45.4% |
| 2008 | 0.39x | $332.63 Million | $79.52 Million | $844.24 Million | ▼ -23.5% |
| 2007 | 0.51x | $328.56 Million | $136.80 Million | $638.20 Million | ▼ -13.9% |
| 2006 | 0.60x | $316.73 Million | $122.30 Million | $529.51 Million | ▲ +7.1% |
| 2005 | 0.56x | $274.82 Million | $44.74 Million | $492.04 Million | ▼ -39.7% |
| 2004 | 0.93x | $329.80 Million | $148.46 Million | $356.26 Million | ▲ +73.2% |
| 2003 | 0.53x | $194.00 Million | $71.97 Million | $363.05 Million | ▲ +49.2% |
| 2002 | 0.36x | $84.06 Million | $42.64 Million | $234.74 Million | ▲ +299.4% |
| 2001 | 0.09x | $28.64 Million | $17.81 Million | $319.45 Million | ▲ +46.0% |
| 2000 | 0.06x | $20.30 Million | $-25.09 Million | $330.51 Million | ▼ -85.5% |
| 1999 | 0.42x | $97.90 Million | $-82.00 Million | $230.80 Million | ▼ -74.7% |
| 1998 | 1.68x | $148.20 Million | $-86.10 Million | $88.40 Million | ▼ -8.7% |
| 1997 | 1.84x | $65.00 Million | $-25.40 Million | $35.40 Million | — |