CarMax, Inc. (KMX)

Solvency & Capital Structure

Total Debt

$18.64B

Net Debt

$18.51B

CarMax, Inc. currently has $18.64B in total debt. Net debt is $18.51B after cash offsets.

Financial Fundamentals

KMX • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-05-31	18.64	0.13	18.51	26.63	70.0%
2026-02-28	18.54	0.12	18.42	26.37	70.3%
2025-11-30	17.85	0.20	17.64	25.56	69.8%
2025-08-31	19.14	0.54	18.60	27.08	70.7%
2025-05-31	19.29	0.26	19.02	27.39	70.4%
2025-02-28	19.43	0.25	19.18	27.40	70.9%
2024-11-30	19.22	0.27	18.94	27.30	70.4%
2024-08-31	19.21	0.52	18.68	27.30	70.4%
2024-05-31	19.30	0.22	19.08	27.24	70.8%
2024-02-29	19.31	0.57	18.74	27.20	71.0%
2023-11-30	19.49	0.61	18.88	27.17	71.7%
2023-08-31	19.48	0.52	18.96	27.30	71.3%
2023-05-31	18.91	0.26	18.65	26.96	70.1%
2023-02-28	19.10	0.31	18.78	26.18	72.9%
2022-11-30	18.79	0.69	18.10	25.94	72.4%
2022-08-31	19.28	0.06	19.22	26.47	72.8%
2022-05-31	19.14	0.10	19.05	26.34	72.7%
2022-02-28	19.27	0.10	19.17	26.34	73.2%
2021-11-30	18.58	0.06	18.52	25.58	72.6%
2021-08-31	17.74	0.06	17.68	24.45	72.5%
2021-05-31	16.15	0.38	15.77	22.83	70.7%
2021-02-28	15.65	0.13	15.51	21.54	72.6%
2020-11-30	15.39	0.24	15.15	20.93	73.5%
2020-08-31	15.83	0.71	15.12	21.25	74.5%
2020-05-31	15.41	0.66	14.75	19.97	77.1%
2020-02-29	15.85	0.06	15.79	21.08	75.2%
2019-11-30	15.57	0.06	15.52	20.49	76.0%
2019-08-31	15.30	0.04	15.26	20.14	76.0%
2019-05-31	14.95	0.04	14.91	19.71	75.8%
2019-02-28	14.20	0.05	14.16	18.72	75.9%
2018-11-30	13.88	0.04	13.84	18.40	75.4%
2018-08-31	13.59	0.04	13.55	18.18	74.8%
2018-05-31	13.25	0.08	13.18	17.76	74.6%
2018-02-28	13.12	0.04	13.07	17.49	75.0%
2017-11-30	13.01	0.03	12.98	17.30	75.2%
2017-08-31	12.60	0.03	12.57	16.88	74.7%
2017-05-31	12.28	0.06	12.22	16.48	74.5%
2017-02-28	12.17	0.04	12.13	16.28	74.8%
2016-11-30	11.81	0.02	11.79	15.76	74.9%
2016-08-31	11.48	0.32	11.17	15.50	74.1%
2016-05-31	10.84	0.06	10.79	14.79	73.3%
2016-02-29	10.66	0.04	10.62	14.48	73.6%
2015-11-30	10.61	0.03	10.57	14.38	73.8%
2015-08-31	9.83	0.10	9.73	13.95	70.5%
2015-05-31	9.49	0.35	9.13	13.67	69.4%
2015-02-28	9.11	0.03	9.08	13.20	69.0%
2014-11-30	8.82	0.19	8.63	12.84	68.6%
2014-08-31	8.24	0.35	7.89	12.40	66.5%
2014-05-31	7.96	0.53	7.43	12.15	65.6%
2014-02-28	7.58	0.63	6.96	11.71	64.8%
2013-11-30	7.31	0.66	6.65	11.30	64.7%
2013-08-31	7.40	0.75	6.65	10.93	67.7%
2013-05-31	6.72	0.73	5.99	10.45	64.3%
2013-02-28	6.21	0.45	5.76	9.89	62.8%
2012-11-30	5.74	0.45	5.29	9.30	61.7%
2012-08-31	5.44	0.46	4.98	8.87	61.4%
2012-05-31	5.19	0.46	4.73	8.60	60.4%
2012-02-29	5.05	0.44	4.61	8.33	60.6%
2011-11-30	4.49	0.38	4.11	7.63	58.9%
2011-08-31	4.33	0.18	4.15	7.36	58.8%
2011-05-31	4.17	0.16	4.02	7.16	58.3%
2011-02-28	4.04	0.04	4.00	6.84	59.1%
2010-12-27	4.06	0.07	3.98	6.70	60.6%
2010-09-10	4.04	0.06	3.98	6.58	61.4%
2010-05-31	3.90	0.01	3.89	6.37	61.3%
2010-02-28	0.15	0.02	0.13	2.56	5.9%
2009-11-30	0.15	0.02	0.13	2.41	6.1%
2009-08-31	0.38	0.12	0.26	2.59	14.7%
2009-05-31	0.42	0.13	0.28	2.55	16.4%
2009-04-09	0.34	0.14	0.20	2.38	14.2%
2008-11-30	0.28	0.14	0.14	2.22	12.4%
2008-08-31	0.24	0.01	0.23	2.26	10.5%
2008-05-31	0.32	0.01	0.30	2.38	13.3%
2008-02-29	0.33	0.01	0.31	2.33	14.1%
2007-11-30	0.19	0.01	0.18	2.11	8.8%
2007-08-31	0.12	0.01	0.11	1.98	5.9%
2007-05-31	0.17	0.02	0.15	1.98	8.5%
2007-02-28	0.19	0.02	0.17	1.89	9.8%
2006-11-30	0.12	0.01	0.11	1.70	7.1%
2006-08-31	0.14	0.02	0.12	1.64	8.5%
2006-05-31	0.17	0.03	0.14	1.62	10.3%
2006-02-28	0.20	0.02	0.17	1.49	13.1%
2005-11-30	0.13	0.03	0.09	1.37	9.5%
2005-08-31	0.14	0.05	0.09	1.33	10.6%
2005-05-31	0.17	0.03	0.14	1.34	12.7%
2005-02-28	0.19	0.03	0.16	1.29	15.0%
2004-11-30	0.12	0.03	0.09	1.13	10.5%
2004-10-08	0.10	0.06	0.05	1.10	9.5%
2004-05-31	0.13	0.06	0.07	1.12	11.4%
2004-02-29	0.10	0.06	0.04	1.04	10.1%
2003-11-30	0.11	0.05	0.05	0.99	10.7%
2003-09-15	0.10	0.05	0.06	0.97	10.7%
2003-05-31	0.11	0.03	0.08	0.95	12.0%
2003-02-28	0.16	0.03	0.12	0.92	17.0%
2002-11-30	0.11	0.03	0.07	0.82	12.8%
2002-08-31	0.11	0.07	0.03	0.83	12.8%
2002-05-31	0.17	0.06	0.10	0.83	19.9%
2002-02-28	0.09	0.00	0.09	0.72	12.3%
2001-11-30	0.04	0.01	0.03	0.66	6.8%
2001-08-31	0.09	0.02	0.07	0.69	13.0%
2001-05-31	0.22	0.01	0.21	0.80	27.2%
2001-02-28	0.19	0.01	0.18	0.71	27.0%
2000-11-30	0.16	0.01	0.15	0.67	23.5%
2000-08-31	0.15	0.01	0.14	0.64	22.7%
2000-05-31	0.23	0.01	0.22	0.72	31.7%
2000-02-29	0.21	0.01	0.20	0.68	31.7%
1999-11-30	0.24	0.01	0.23	0.68	34.9%
1999-08-31	0.25	0.04	0.21	0.73	34.0%
1999-05-31	0.20	0.01	0.19	0.66	30.6%
1999-02-28	0.15	0.02	0.13	0.57	25.5%
1998-11-30	0.13	0.01	0.12	0.55	23.3%
1998-08-31	0.11	0.02	0.09	0.54	21.1%
1998-05-31	0.05	0.02	0.04	0.49	10.8%
1998-02-28	0.03	0.03	0.00	0.45	6.2%
1997-11-30	0.12	0.01	0.11	0.55	22.5%
1997-08-31	0.12	0.13	-0.01Net Cash	0.58	21.5%
1997-05-31	0.07	0.21	-0.14Net Cash	0.51	14.3%