CarMax Inc (KMX) — Net Asset Quality Index

Latest as of February 2026: 22.3%

CarMax Inc (KMX) has a Net Asset Quality Index of 22.3% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $26.37 Billion minus total liabilities of $20.48 Billion yields net assets of $5.89 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check asset resilience ratio of CarMax Inc to evaluate the company's liquid asset resilience ratio.

Quality Index

22.3%
Equity / Total Assets

Net Assets

$5.89 Billion
USD

Total Assets

$26.37 Billion
USD

Total Liabilities

$20.48 Billion
USD

CarMax Inc Net Asset Quality Index Over Time (1997–2026)

This chart shows how CarMax Inc's Net Asset Quality Index has evolved across 30 annual periods from 1997 to 2026. As of February 2026, the index stands at 22.3%, representing net assets of $5.89 Billion against total assets of $26.37 Billion USD. See working capital position of CarMax Inc to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for CarMax Inc (1997–2026)

The table below presents the year-by-year Net Asset Quality Index for CarMax Inc from 1997 to 2026, covering 30 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see CarMax Inc (KMX) total market value.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2026 22.3% $5.89 Billion $26.37 Billion $20.48 Billion ▼ -0.4 pp
2025 22.8% $6.24 Billion $27.40 Billion $21.16 Billion ▲ +0.4 pp
2024 22.3% $6.07 Billion $27.20 Billion $21.12 Billion ▲ +0.9 pp
2023 21.4% $5.61 Billion $26.18 Billion $20.57 Billion ▲ +1.6 pp
2022 19.9% $5.24 Billion $26.34 Billion $21.10 Billion ▼ -0.4 pp
2021 20.3% $4.36 Billion $21.54 Billion $17.18 Billion ▲ +2.4 pp
2020 17.9% $3.77 Billion $21.08 Billion $17.31 Billion ▼ -0.1 pp
2019 17.9% $3.36 Billion $18.72 Billion $15.36 Billion ▼ -1.0 pp
2018 19.0% $3.32 Billion $17.49 Billion $14.17 Billion ▼ -0.1 pp
2017 19.1% $3.11 Billion $16.28 Billion $13.17 Billion ▼ -1.0 pp
2016 20.1% $2.90 Billion $14.48 Billion $11.58 Billion ▼ -3.9 pp
2015 23.9% $3.16 Billion $13.20 Billion $10.04 Billion ▼ -4.4 pp
2014 28.3% $3.32 Billion $11.71 Billion $8.39 Billion ▼ -2.2 pp
2013 30.5% $3.02 Billion $9.89 Billion $6.87 Billion ▼ -1.6 pp
2012 32.1% $2.67 Billion $8.33 Billion $5.66 Billion ▼ -1.4 pp
2011 33.5% $2.29 Billion $6.84 Billion $4.55 Billion ▼ -42.1 pp
2010 75.6% $1.93 Billion $2.56 Billion $622.61 Million ▲ +8.7 pp
2009 67.0% $1.59 Billion $2.38 Billion $786.12 Million ▲ +3.1 pp
2008 63.8% $1.49 Billion $2.33 Billion $844.24 Million ▼ -2.3 pp
2007 66.2% $1.25 Billion $1.89 Billion $638.20 Million ▲ +1.2 pp
2006 64.9% $980.10 Million $1.51 Billion $529.51 Million ▲ +3.0 pp
2005 61.9% $800.98 Million $1.29 Billion $492.04 Million ▼ -3.7 pp
2004 65.6% $680.75 Million $1.04 Billion $356.26 Million ▲ +5.2 pp
2003 60.4% $554.57 Million $917.62 Million $363.05 Million ▼ -7.0 pp
2002 67.4% $485.48 Million $720.22 Million $234.74 Million ▲ +12.3 pp
2001 55.1% $391.50 Million $710.95 Million $319.45 Million ▲ +4.0 pp
2000 51.1% $344.99 Million $675.50 Million $330.51 Million ▼ -8.5 pp
1999 59.6% $340.40 Million $571.20 Million $230.80 Million ▼ -20.7 pp
1998 80.3% $359.90 Million $448.30 Million $88.40 Million ▼ -11.4 pp
1997 91.7% $391.80 Million $427.20 Million $35.40 Million
pp = percentage points