KMX vs. CCL
KMX (CarMax, Inc.) and CCL (Carnival Corporation & Plc) are both stocks. Both are in the Consumer Cyclical sector — KMX in Auto & Truck Dealerships, CCL in Travel Services. Over the past 10 years, KMX returned -0.36%/yr vs -4.15%/yr for CCL. At a 0.35 correlation, their price movements are largely independent.
Performance
KMX vs. CCL - Performance Comparison
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Returns By Period
In the year-to-date period, KMX achieves a 22.93% return, which is significantly higher than CCL's -10.61% return. Over the past 10 years, KMX has outperformed CCL with an annualized return of -0.36%, while CCL has yielded a comparatively lower -4.15% annualized return.
KMX
- 1D
- 0.74%
- 1M
- 17.75%
- YTD
- 22.93%
- 6M
- 20.99%
- 1Y
- -27.71%
- 3Y*
- -15.53%
- 5Y*
- -16.21%
- 10Y*
- -0.36%
CCL
- 1D
- -1.46%
- 1M
- 3.02%
- YTD
- -10.61%
- 6M
- 4.96%
- 1Y
- 12.44%
- 3Y*
- 27.77%
- 5Y*
- -2.16%
- 10Y*
- -4.15%
KMX vs. CCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KMX CarMax, Inc. | 22.93% | -52.74% | 6.54% | 26.03% | -53.24% | 37.87% | 7.74% | 39.76% | -2.18% | -0.40% |
CCL Carnival Corporation & Plc | -10.61% | 22.55% | 34.41% | 130.02% | -59.94% | -7.11% | -56.89% | 7.37% | -23.40% | 30.76% |
Correlation
The correlation between KMX and CCL is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 1997 | 0.35 |
Fundamentals
KMX:
$7.01B
CCL:
$37.60B
KMX:
$1.66
CCL:
$2.21
KMX:
28.69
CCL:
12.20
KMX:
0.27
CCL:
1.40
KMX:
1.19
CCL:
2.89
KMX:
$25.88B
CCL:
$26.98B
KMX:
$2.81B
CCL:
$10.13B
KMX:
$768.58M
CCL:
$7.23B
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Return for Risk
KMX vs. CCL — Risk / Return Rank
KMX
CCL
KMX vs. CCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CarMax, Inc. (KMX) and Carnival Corporation & Plc (CCL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| KMX | CCL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.09 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 0.43 | -0.92 |
| Martin ratioReturn relative to average drawdown | -0.77 | 0.87 | -1.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KMX | CCL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.53 | 0.27 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | -0.04 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | -0.07 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.17 | -0.06 |
Drawdowns
KMX vs. CCL - Drawdown Comparison
The maximum KMX drawdown since its inception was -93.19%, roughly equal to the maximum CCL drawdown of -90.37%. Use the drawdown chart below to compare losses from any high point for KMX and CCL.
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Drawdown Indicators
| KMX | CCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.19% | -90.37% | -2.82% |
Max Drawdown (1Y)Largest decline over 1 year | -56.85% | -29.30% | -27.55% |
Max Drawdown (3Y)Largest decline over 3 years | -65.38% | -42.85% | -22.53% |
Max Drawdown (5Y)Largest decline over 5 years | -80.06% | -78.68% | -1.38% |
Max Drawdown (10Y)Largest decline over 10 years | -80.06% | -90.37% | +10.31% |
Current DrawdownCurrent decline from peak | -69.33% | -58.77% | -10.56% |
Average DrawdownAverage peak-to-trough decline | -31.74% | -28.57% | -3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.04% | 14.38% | +21.66% |
Volatility
KMX vs. CCL - Volatility Comparison
The current volatility for CarMax, Inc. (KMX) is 11.99%, while Carnival Corporation & Plc (CCL) has a volatility of 13.45%. This indicates that KMX experiences smaller price fluctuations and is considered to be less risky than CCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KMX | CCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.99% | 13.45% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 34.46% | 37.65% | -3.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.71% | 46.62% | +6.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.23% | 55.40% | -11.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.53% | 57.57% | -17.04% |
Dividends
KMX vs. CCL - Dividend Comparison
KMX has not paid dividends to shareholders, while CCL's dividend yield for the trailing twelve months is around 1.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCL Carnival Corporation & Plc | 1.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.31% | 3.93% | 3.96% | 2.41% | 2.59% | 2.02% |
KMX CarMax, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
KMX vs. CCL - Financials Comparison
This section allows you to compare key financial metrics between CarMax, Inc. and Carnival Corporation & Plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KMX vs. CCL - Profitability Comparison
KMX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CarMax, Inc. reported a gross profit of 420.20M and revenue of 4.52B. Therefore, the gross margin over that period was 9.3%.
CCL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a gross profit of 2.23B and revenue of 6.17B. Therefore, the gross margin over that period was 36.1%.
KMX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CarMax, Inc. reported an operating income of -339.44M and revenue of 4.52B, resulting in an operating margin of -7.5%.
CCL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported an operating income of 607.00M and revenue of 6.17B, resulting in an operating margin of 9.9%.
KMX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CarMax, Inc. reported a net income of -120.68M and revenue of 4.52B, resulting in a net margin of -2.7%.
CCL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a net income of 258.00M and revenue of 6.17B, resulting in a net margin of 4.2%.
Frequently Asked Questions
KMX and CCL have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCL has higher volatility (13.45%) compared to KMX (11.99%). In terms of maximum drawdown, KMX dropped -93.19% vs CCL's -90.37%.
CCL currently has the higher Sharpe Ratio (0.27 vs -0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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