MetaCap

CarMax (KMX) vs Lithia Motors (LAD)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

CarMax (KMX) has outperformed Lithia Motors (LAD) over the past year, gaining 18.8% versus a loss of 5.5%. Over five years, LAD leads with a -14.8% price change compared with -61.0% for KMX. CarMax is the larger company by market cap ($7.61 billion vs $6.35 billion), about 1.2 times the size, while Lithia Motors is growing revenue faster (+4.0% vs -1.8%).

On valuation, Lithia Motors trades at a lower forward P/E (6.8x vs 15.0x for CarMax). Lithia Motors pays a dividend yielding 0.82%, while CarMax does not currently pay one. Lithia Motors converts more of its revenue into profit, with a net margin of 2.2% versus 1.0%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

KMX+18.77%LAD-5.53%
+47%+6%-35%
Oct 7, 20251 yearOct 7, 2026
KMX-59.18%LAD-12.01%
+24%-28%-80%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

KMX versus LAD key metrics
MetricKMXLAD
Share price$53.60$288.76
Market cap$7.61B$6.35B
1-day change+0.60%+0.48%
YTD return+37.89%-13.53%
1-year return+18.77%-5.53%
5-year return-61.05%-14.78%
P/E ratio (TTM)25.409.56
Forward P/E15.036.77
EPS (TTM)$2.11$30.19
Dividend yield0.00%0.82%
Annual dividend$0.00$2.37
Revenue (latest FY)$25.88B$37.63B
Revenue growth (YoY)-1.79%+4.00%
Net income (latest FY)$247.29M$819.60M
Gross margin10.84%15.23%
Operating margin—4.24%
Net margin0.96%2.18%
52-week high$65.28$439.49
52-week low$30.26$239.78
Distance from 52-week high-17.89%-34.30%
Analyst consensusholdbuy
Avg. price target upside+16.83%+50.14%
Average volume2.57M301.56K
Shares outstanding141.94M21.98M
Employees28,00030,000
SectorConsumer DiscretionaryConsumer Discretionary
IndustryRetail-Auto Dealers and Gas StationsRetail-Auto Dealers and Gas Stations

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • KMX has outperformed LAD by 24.3 percentage points over the past year.
  • CarMax trades at a higher earnings multiple (25.4x vs 9.6x trailing P/E).
  • Lithia Motors grew revenue faster in its latest fiscal year (+4.00% vs -1.79%).

About CarMax

KMX stock →

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance.

Consumer Discretionary · Retail-Auto Dealers and Gas Stations · 28,000 employees

About Lithia Motors

LAD stock →

Lithia Motors, Inc. operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Consumer Discretionary · Retail-Auto Dealers and Gas Stations · 30,000 employees

KMX vs LAD FAQ

Which is bigger, CarMax or Lithia Motors?

CarMax (KMX) is larger, with a market capitalization of $7.61B compared with $6.35B for Lithia Motors (LAD).

Which stock has performed better over the past year, KMX or LAD?

KMX returned +18.77% over the past 12 months, compared with -5.53% for LAD (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, KMX or LAD?

LAD has the lower trailing P/E at 9.6, versus 25.4 for KMX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, CarMax or Lithia Motors?

Lithia Motors pays a dividend yielding 0.82%, while CarMax does not currently pay a regular dividend.

Are CarMax and Lithia Motors in the same industry?

Yes. Both are classified in the Retail-Auto Dealers and Gas Stations industry within the Consumer Discretionary sector.

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