KMX vs. GOOG
KMX (CarMax, Inc.) and GOOG (Alphabet Inc) are both stocks. KMX operates in Auto & Truck Dealerships (Consumer Cyclical), while GOOG operates in Internet Content & Information (Communication Services). Over the past 10 years, KMX returned 1.24%/yr vs 26.41%/yr for GOOG. At a 0.30 correlation, their price movements are largely independent.
Performance
KMX vs. GOOG - Performance Comparison
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Returns By Period
In the year-to-date period, KMX achieves a 35.61% return, which is significantly higher than GOOG's 11.29% return. Over the past 10 years, KMX has underperformed GOOG with an annualized return of 1.24%, while GOOG has yielded a comparatively higher 26.41% annualized return.
KMX
- 1D
- -2.35%
- 1M
- 29.93%
- YTD
- 35.61%
- 6M
- 37.35%
- 1Y
- -23.58%
- 3Y*
- -15.29%
- 5Y*
- -15.02%
- 10Y*
- 1.24%
GOOG
- 1D
- -5.08%
- 1M
- -8.01%
- YTD
- 11.29%
- 6M
- 12.18%
- 1Y
- 108.54%
- 3Y*
- 41.95%
- 5Y*
- 22.71%
- 10Y*
- 26.41%
KMX vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KMX CarMax, Inc. | 35.61% | -52.74% | 6.54% | 26.03% | -53.24% | 37.87% | 7.74% | 39.76% | -2.18% | -0.40% |
GOOG Alphabet Inc | 11.29% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
Correlation
The correlation between KMX and GOOG is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.30 |
The correlation between KMX and GOOG shifts across timeframes, from 0.16 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
KMX:
$7.45B
GOOG:
$4.27T
KMX:
$1.51
GOOG:
$13.11
KMX:
34.75
GOOG:
26.60
KMX:
0.29
GOOG:
10.08
KMX:
1.22
GOOG:
8.92
KMX:
$26.35B
GOOG:
$422.57B
KMX:
$2.77B
GOOG:
$255.12B
KMX:
$1.31B
GOOG:
$174.08B
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Return for Risk
KMX vs. GOOG — Risk / Return Rank
KMX
GOOG
KMX vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CarMax, Inc. (KMX) and Alphabet Inc (GOOG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KMX | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.18 | ||
| Sortino ratioReturn per unit of downside risk | -5.23 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.61 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 5.26 | -5.68 |
| Martin ratioReturn relative to average drawdown | -0.65 | 18.22 | -18.87 |
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Drawdowns
KMX vs. GOOG - Drawdown Comparison
The maximum KMX drawdown since its inception was -93.46%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for KMX and GOOG.
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Drawdown Indicators
| KMX | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.46% | -44.60% | -48.86% |
Max Drawdown (1Y)Largest decline over 1 year | -56.85% | -20.75% | -36.10% |
Max Drawdown (3Y)Largest decline over 3 years | -65.38% | -29.35% | -36.03% |
Max Drawdown (5Y)Largest decline over 5 years | -80.06% | -44.60% | -35.46% |
Max Drawdown (10Y)Largest decline over 10 years | -80.06% | -44.60% | -35.46% |
Current DrawdownCurrent decline from peak | -66.16% | -12.54% | -53.62% |
Average DrawdownAverage peak-to-trough decline | -32.03% | -8.89% | -23.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.45% | 5.98% | +30.47% |
Volatility
KMX vs. GOOG - Volatility Comparison
CarMax, Inc. (KMX) has a higher volatility of 18.66% compared to Alphabet Inc (GOOG) at 9.64%. This indicates that KMX's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KMX | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.66% | 9.64% | +9.02% |
Volatility (6M)Calculated over the trailing 6-month period | 37.97% | 21.07% | +16.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.92% | 29.15% | +25.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.88% | 31.30% | +13.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.83% | 29.09% | +11.74% |
Dividends
KMX vs. GOOG - Dividend Comparison
KMX has not paid dividends to shareholders, while GOOG's dividend yield for the trailing twelve months is around 0.24%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% |
KMX CarMax, Inc. | 0.00% | 0.00% | 0.00% |
Financials
KMX vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between CarMax, Inc. and Alphabet Inc. 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. GOOG - 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 854.41M and revenue of 8.01B. Therefore, the gross margin over that period was 10.7%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
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 150.00M and revenue of 8.01B, resulting in an operating margin of 1.9%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
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 185.63M and revenue of 8.01B, resulting in a net margin of 2.3%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
KMX and GOOG have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KMX has higher volatility (18.66%) compared to GOOG (9.64%). In terms of maximum drawdown, KMX dropped -93.46% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.75 vs -0.43), 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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