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Company Profile

  • Business description

    CarMax sells, finances, and services used and new cars through a chain of around 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 typically account for about 83% of revenue (79% in fiscal 2024 due to the chip shortage) and wholesale about 13% (19% in fiscal 2024), with the remaining portion composed of extended service plans and repair. In fiscal 2024, the company retailed and wholesaled 765,572, and 546,331 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 2023. It seeks over 5% share a few years from now. CarMax is based in Richmond, Virginia.

  • Contact

    12800 Tuckahoe Creek Parkway
    Richmond VA 23238
    USA

    T: +1 804 747-0422

    E: investor_relations@carmax.com

    https://www.carmax.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Auto & Truck Dealerships

    Fiscal Year End

    01 March 2025

    Employees

    29,836

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Markets

Index
Last price
Change
% Change
All Ordinaries 8,138.90 118.00 1.47%
CAC 40 8,239.99 14.20 0.17%
DAX 40 18,869.36 152.94 0.82%
Dow JONES (US) 39,908.00 349.89 0.88%
FTSE 100 8,445.80 17.67 0.21%
HKSE 19,376.79 303.08 1.59%
NASDAQ 16,742.39 231.21 1.40%
Nikkei 225 38,697.22 311.49 0.81%
NZX 50 Index 11,699.27 173.39 1.50%
S&P 500 5,308.15 61.47 1.17%
S&P/ASX 200 7,871.20 117.50 1.52%
SSE Composite Index 3,134.97 15.07 0.48%

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