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
USAT: +1 804 747-0422
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Auto & Truck Dealerships
Fiscal Year End
28 February 2027
Employees
27,796
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