KMX vs. SCS

Last updated Jun 9, 2026

KMX (CarMax, Inc.) and SCS (Steelcase Inc.) are both stocks. KMX operates in Auto & Truck Dealerships (Consumer Cyclical), while SCS operates in Business Equipment & Supplies (Industrials). At a 0.33 correlation, their price movements are largely independent.

Performance

KMX vs. SCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CarMax, Inc. (KMX) and Steelcase Inc. (SCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

SCS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KMX vs. SCS - 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%
SCS Steelcase Inc.	0.00%	39.89%	-9.11%	97.75%	-36.31%	-9.87%	-31.43%	42.60%	1.19%	-12.18%

Correlation

The correlation between KMX and SCS is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Feb 20, 1998	0.33

The correlation between KMX and SCS shifts across timeframes, from 0.20 (1 year) to 0.41 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap KMX : $7.01B SCS : $1.93B
EPS KMX : $1.66 SCS : $0.80
PE Ratio KMX : 28.69 SCS : 20.20
PS Ratio KMX : 0.27 SCS : 0.59
PB Ratio KMX : 1.19 SCS : 1.89
Total Revenue (TTM) KMX : $25.88B SCS : $3.26B
Gross Profit (TTM) KMX : $2.81B SCS : $1.09B
EBITDA (TTM) KMX : $768.58M SCS : $208.30M

Return for Risk

KMX vs. SCS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KMX

KMX Risk / Return Rank: 23
KMX Sharpe Ratio Rank: 19
KMX Sortino Ratio Rank: 22
KMX Omega Ratio Rank: 21
KMX Calmar Ratio Rank: 25
KMX Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KMX vs. SCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CarMax, Inc. (KMX) and Steelcase Inc. (SCS). 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	SCS	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	—	—
Sortino ratio: Return per unit of downside risk	-0.41	—	—
Omega ratio: Gain probability vs. loss probability	0.94	—	—
Calmar ratio: Return relative to maximum drawdown	-0.49	—	—
Martin ratio: Return relative to average drawdown	-0.77	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KMX	SCS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.37	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	—	—

Drawdowns

Drawdown Indicators

	KMX	SCS	Difference
Max Drawdown Largest peak-to-trough decline	-93.19%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-56.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-65.38%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-80.06%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.06%	—	—
Current Drawdown Current decline from peak	-69.33%	—	—
Average Drawdown Average peak-to-trough decline	-31.74%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	36.04%	—	—

Volatility

Volatility by Period

	KMX	SCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	52.71%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.23%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.53%	—	—

Dividends

KMX vs. SCS - Dividend Comparison

Neither KMX nor SCS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SCS Steelcase Inc.	1.24%	1.86%	4.23%	2.22%	6.93%	4.56%	2.73%	2.83%	3.64%	3.36%	3.31%	2.27%

Financials

KMX vs. SCS - Profitability Comparison

The chart below illustrates the profitability comparison between CarMax, Inc. and Steelcase Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

SCS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Steelcase Inc. reported a gross profit of 312.10M and revenue of 897.10M. Therefore, the gross margin over that period was 34.8%.

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%.

SCS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Steelcase Inc. reported an operating income of 53.10M and revenue of 897.10M, resulting in an operating margin of 5.9%.

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%.

SCS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Steelcase Inc. reported a net income of 35.00M and revenue of 897.10M, resulting in a net margin of 3.9%.

Frequently Asked Questions

Can I hold both KMX and SCS in my portfolio?

KMX and SCS have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.