Carmax vs Lithia Motors: revenue, profit, margins and growth compared
Carmax brought in $25.9B of revenue in fiscal 2026, Lithia Motors $37.6B in fiscal 2025. Revenue changed by -1.8% at Carmax and +4.0% at Lithia Motors on the year before, so Lithia Motors grew faster. Carmax kept 1.0% of its revenue as net profit, Lithia Motors 2.2%. Free cash flow was $1.2B at Carmax and $5.8M at Lithia Motors.
Fiscal years as each company reports them; the two may end in different months.
Questions about Carmax and Lithia Motors
Which is bigger by revenue, Carmax or Lithia Motors?
Lithia Motors is bigger by revenue: $37.6B in fiscal 2025, against $25.9B for Carmax in fiscal 2026.
Which keeps more of its revenue as profit, Carmax or Lithia Motors?
Carmax had a net margin of 1.0% in fiscal 2026; Lithia Motors had 2.2% in fiscal 2025.
Which grew revenue faster, Carmax or Lithia Motors?
In their latest fiscal years revenue changed by -1.8% at Carmax and +4.0% at Lithia Motors.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.