CarMax Inc (KMX) — Free Cash Flow Generation Index

Latest as of November 2025: 0.89x

CarMax Inc (KMX) has a Free Cash Flow Generation Index of 0.89x as of November 2025. Free cash flow of $1.11 Billion represents 1% of operating cash flow ($1.25 Billion). Read debt load of CarMax Inc for a breakdown of total debt and financial obligations.

FCF Generation Index

0.89x
Free Cash Flow / Operating CF

Free Cash Flow

$1.11 Billion
USD

Operating Cash Flow

$1.25 Billion
USD

Capital Expenditures

$139.76 Million
USD

CarMax Inc Free Cash Flow Generation Index (2001–2026)

Historical FCF Generation Index trend for CarMax Inc across 16 annual periods. Explore CarMax Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for CarMax Inc (2001–2026)

Year-by-year Free Cash Flow Generation Index for CarMax Inc. For the full company profile including market capitalisation, see market cap of CarMax Inc.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2026 0.70x $1.24 Billion $1.78 Billion $540.99 Million ▲ +178.0%
2025 0.25x $156.50 Million $624.44 Million $467.94 Million ▲ +1818.1%
2024 -0.01x $-6.69 Million $458.62 Million $465.31 Million ▼ -102.2%
2023 0.67x $860.62 Million $1.28 Billion $422.71 Million ▼ -11.0%
2021 0.75x $503.22 Million $667.76 Million $164.54 Million ▲ +186.7%
2019 -0.87x $-141.66 Million $162.97 Million $304.64 Million ▼ -286.9%
2010 0.47x $23.39 Million $50.29 Million $22.43 Million ▲ +56.0%
2009 0.30x $78.89 Million $264.59 Million $185.70 Million ▲ +113.7%
2008 -2.18x $-173.59 Million $79.52 Million $253.11 Million ▼ -443.3%
2007 -0.40x $-54.96 Million $136.80 Million $191.76 Million ▲ +31.9%
2006 -0.59x $-72.14 Million $122.30 Million $194.43 Million ▲ +85.8%
2005 -4.14x $-185.34 Million $44.74 Million $230.08 Million ▼ -1771.1%
2004 -0.22x $-32.87 Million $148.46 Million $181.34 Million ▲ +68.2%
2003 -0.70x $-50.06 Million $71.97 Million $122.03 Million ▼ -2523.5%
2002 0.03x $1.22 Million $42.64 Million $41.42 Million ▼ -92.7%
2001 0.39x $6.97 Million $17.81 Million $10.83 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).