CarMax Inc

Company Profile

• Business description

  CarMax sells, finances, and services used and new cars through a chain of over 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales were 83% of fiscal 2025 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2025, the company retailed and wholesaled 789,050 and 544,312 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in calendar 2024. It seeks over 5% share. CarMax is based in Richmond, Virginia.

• Contact

  12800 Tuckahoe Creek Parkway
  RichmondVA23238
  USA

  T: +1 804 747-0422

  E: [email protected]

  https://www.carmax.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Auto & Truck Dealerships

  Fiscal Year End

  28 February 2027

  Employees

  27,796