• CarMax average return on equity for 2023 was 8.38, a 50.5% decline from 2022.
• CarMax average return on equity for 2022 was 16.93, a 30.19% decline from 2021.
• CarMax average return on equity for 2021 was 24.25, a 22.17% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.