KMX

Stock

CarMax, Inc.

One email when a drop — in price or in valuation — is historically rare for KMX. Otherwise we stay quiet.

Very rare

This is the kind of decline worth waking up for.

CarMax, Inc. is 61.9% off its high — among the deepest declines in its recorded history.

And it's not just the price: CarMax, Inc.'s P/S Severity Score is 6.9 — historically low valuation vs its own history.

Price $58.94 · as of Jul 15, 2026All-time high $154.85Drawdown -61.9%Severity Score™ 10.5
🔴

Extreme

Current Drawdown

-61.9%

Days in Drawdown

1706

Avg Max Drawdown

8.1%

Avg Length

78

Drawdown Severity Score™

10.5

KMX - Price & High Water Mark

KMX - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within KMX's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

0.29xSeverity Score 6.9 · Historically low
Low: 0.17xMedian: 0.70xHigh: 1.2x

CarMax, Inc. has been cheaper on this measure only about 7% of the time in 20 years of daily history.

76.0% below its highest Price to Sales reading · high date May 5, 2021

Price to Sales history

How we measure valuation

CarMax, Inc. (KMX) Analysis: Current Drawdown Insights

CarMax, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-15, the stock is trading at $58.94, which represents a 61.9% decline from its all-time high of $154.85. This drawdown has persisted for 1706 days.

Based on its full tracked price history, CarMax, Inc. typically experiences drawdowns averaging 8.1% in depth, with an average duration of 78 days. CarMax, Inc. has gone through 114 total drawdown events in its tracked history. The largest drawdown on record for CarMax, Inc. was 93.2%, beginning in 1997. The longest drawdown duration on record was 1765 days.

The Drawdown Severity Score™ for CarMax, Inc. currently stands at 10.48. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 8.0 and 12.0 indicates an extremely rare, severe drawdown: the asset almost never experiences declines of this magnitude in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing CarMax, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 114 tracked pullbacks (59 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2021-11-12Ongoing1706 days-61.9%$154.85$58.94n/a
2021-11-082021-11-092 days-0.5%$154.69$153.95$154.85
2021-09-302021-11-0335 days-16.3%$146.45$122.54$147.51
2021-09-282021-09-292 days-1.5%$145.24$143.03$146.45
2021-09-202021-09-223 days-2.4%$140.29$136.98$140.51
2021-08-042021-09-1745 days-11.1%$139.70$124.24$140.29
2021-05-062021-08-0390 days-17.9%$137.90$113.16$139.70
2021-03-312021-05-0334 days-9.2%$135.83$123.31$136.94
2021-03-192021-03-2911 days-4.6%$134.56$128.35$134.57
2021-03-162021-03-183 days-2.4%$134.35$131.12$134.56
2021-03-112021-03-122 days-0.4%$133.55$132.97$133.76
2021-03-092021-03-102 days-0.4%$129.17$128.67$133.55
2021-01-272021-03-0841 days-8.5%$127.79$116.91$129.17
2021-01-212021-01-266 days-3.4%$122.79$118.64$127.79
2020-08-252021-01-19148 days-20.6%$108.80$86.44$116.43
2020-08-202020-08-212 days-0.6%$106.78$106.12$106.92
2020-08-132020-08-186 days-1.8%$106.24$104.35$106.63
2020-02-212020-08-10171 days-56.6%$101.90$44.27$102.20
2019-11-202020-02-2093 days-13.1%$100.15$87.05$101.90
2019-10-222019-11-1424 days-3.0%$96.02$93.17$96.84
2019-07-302019-10-1578 days-12.9%$91.34$79.53$92.42
2019-07-152019-07-2511 days-4.7%$88.94$84.76$89.33
2019-07-052019-07-128 days-1.7%$88.90$87.41$88.94
2019-06-282019-07-014 days-0.0%$86.86$86.83$87.16
2019-06-242019-06-274 days-3.5%$85.64$82.64$86.86
2019-06-182019-06-214 days-1.0%$83.87$83.00$85.64
2019-06-112019-06-144 days-1.4%$82.36$81.22$83.54
2018-09-132019-06-10271 days-29.7%$80.68$56.72$82.36
2018-06-252018-09-1179 days-9.7%$80.19$72.39$80.61
2017-10-092018-06-22257 days-23.5%$76.81$58.77$80.19
2017-10-032017-10-064 days-0.3%$76.59$76.33$76.81
2017-09-292017-10-024 days-0.2%$75.93$75.81$76.59
2015-04-062017-09-27906 days-43.6%$74.73$42.15$75.35
2015-03-312015-04-023 days-1.2%$69.22$68.39$74.73
2015-02-202015-03-3038 days-9.2%$68.30$62.00$69.22
2014-12-302015-02-1952 days-8.5%$67.87$62.10$68.30
2014-12-232014-12-297 days-0.4%$67.85$67.61$67.87
2014-12-122014-12-176 days-2.2%$59.51$58.23$60.11
2014-12-102014-12-112 days-0.9%$59.45$58.90$59.51
2014-12-052014-12-095 days-1.4%$59.32$58.48$59.45
2014-12-012014-12-022 days-1.5%$56.98$56.14$57.10
2014-11-262014-11-283 days-0.8%$56.71$56.25$56.98
2014-11-062014-11-2520 days-3.4%$56.57$54.66$56.71
2014-11-042014-11-052 days-1.6%$56.32$55.43$56.57
2014-10-292014-10-302 days-1.4%$55.74$54.96$55.76
2014-09-082014-10-2750 days-18.3%$53.71$43.90$54.77
2014-07-102014-09-0558 days-8.7%$53.44$48.81$53.71
2013-12-202014-07-09201 days-19.2%$53.05$42.88$53.44
2013-12-112013-12-188 days-2.2%$52.09$50.95$52.52
2013-09-112013-12-1091 days-11.1%$52.05$46.27$52.09
2013-08-142013-09-0523 days-5.1%$49.74$47.19$49.99
2011-02-222012-12-20668 days-36.4%$36.83$23.41$37.97
2010-12-212011-02-1658 days-12.5%$35.90$31.42$36.60
2007-01-252010-10-081352 days-78.7%$29.25$6.23$29.65
2003-10-152006-09-121064 days-53.0%$19.63$9.23$20.23
2003-09-032003-10-1442 days-16.5%$19.57$16.33$19.63
2002-05-102003-07-11428 days-62.0%$16.65$6.32$17.23
2002-03-192002-04-0921 days-15.1%$14.70$12.48$14.73
2001-12-282002-02-0641 days-14.9%$11.64$9.90$12.20
1997-02-052001-12-051765 days-93.2%$10.56$0.72$10.93

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

CarMax, Inc. (KMX) is trading at $58.94 as of Jul 15, 2026. It is 61.9% below its high of $154.85. The drawdown has lasted 1,706 days. Severity score: 10.5 (Extreme).

KMX Price History and Drawdown Data

Latest price

$58.94

High-water mark

$154.85

Current drawdown

-61.9%

Days in drawdown

1,706

This KMX page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior CarMax, Inc. drawdowns.

What History Says About KMX

CarMax, Inc. has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 703 days with an average max drop of -49.7%.

The current drawdown of -61.9% has lasted 1,706 days, which is 2.4x the average duration of comparable events.

PeriodMax DropDuration
Feb 1997 to Dec 2001-93.2%1765 days
Jan 2007 to Oct 2010-78.7%1352 days
May 2002 to Jul 2003-62.0%428 days
Feb 2020 to Aug 2020-56.6%171 days
Oct 2003 to Sep 2006-53.0%1064 days
Apr 2015 to Sep 2017-43.6%906 days

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