CarMax Inc (KMX) — Net Asset Quality Index
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. See KMX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
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. Explore KMX operating cash flow to assess how effectively this company generates cash.
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 how much is CarMax Inc worth.
| 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 | — |