• CarMax average return on investment for 2023 was 2.01, a 48.06% decline from 2022.
• CarMax average return on investment for 2022 was 3.87, a 29.38% decline from 2021.
• CarMax average return on investment for 2021 was 5.48, a 35.64% decline from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.