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+5.11%
Close of 9 Nov 2026, in USD
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About Carmax
From its filings with the US Securities and Exchange Commission
Carmax is based in Richmond, Virginia and is incorporated in Virginia. Its shares trade on NYSE under the ticker KMX. The SEC classifies its business as retail-auto dealers & gasoline stations. In the fiscal year to 28 February 2026, it reported revenue of $25.88bn and net income of $247.3m. At that date it held total assets of $26.37bn and shareholders' equity of $5.89bn.
CarMax, Inc. delivers an unrivaled customer experience by offering a broad selection of quality used vehicles and related products and services at competitive, no-haggle prices using a customer-friendly sales process. We are the nation’s largest retailer of used vehicles, and we sold 780,684 used vehicles at retail during the fiscal year ended February 28, 2026. We are also one of the nation’s largest operators of wholesale vehicle auctions, with 538,203 vehicles sold during fiscal 2026, and one of the nation’s largest providers of used vehicle financing, servicing approximately 1.0 million customer accounts in our $16.37 billion portfolio of auto loans as of February 28, 2026. Our omni-channel experience provides a common platform across all of CarMax that leverages our scale, national footprint and infrastructure and empowers our customers to buy a vehicle on their terms, whether online, in-store or through a seamless combination of both. Our associates, stores, technology and digital capabilities seamlessly tied together enable us to provide the most customer-centric car buying and selling experience, a key differentiator in a large and fragmented market.
Quoted from its 10-K, filed 15 Apr 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Specialty Retail
- Listed since
- 7 Feb 1997
- Employees
- 27,796
- Website
- carmax.com ↗
- Head office
- 12800 TUCKAHOE CREEK PARKWAY, RICHMOND, VA, 23238
- Incorporated in
- VA
- Classification
- Retail-Auto Dealers & Gasoline Stations
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Thomas FolliardNon-Executive Chairman of the Board, since 2000$494,073
- Mr. William NashPresident, Chief Executive Officer, Director, since 2012$17.1m
- Mr. Enrique Mayor-MoraChief Financial Officer, Executive Vice President$4.1m
- Mr. Charles Joseph WilsonChief Operating Officer, Executive Vice President$3.9m
- Ms. Diane CafritzExecutive Vice President, Chief Innovation and People Officer$2.2m
- Mr. Shamim MohammadExecutive Vice President, Chief Information and Technology Officer$3.5m
- Mr. Jon DanielsExecutive Vice President - CarMax Auto Finance
- Mr. John StuckeySenior Vice President, General Counsel and Corporate Secretary
- Mr. Tyler TuiteSenior Vice President, Chief Product Officer
- Mr. Mitchell SteenrodLead Independent Director$348,861
- Mr. Peter BensenIndependent Director$333,254
- Ms. Sona ChawlaIndependent Director$314,004
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 74
- Environment
- 72
- Social
- 71
- Governance
- 79
- Direct emissions (scope 1)
- 141,982 t
- Energy emissions (scope 2)
- 93,010 t
- Women in the workforce
- 28.6%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Carmax Inc has a strong brand presence and reputation in the automotive retail industry.
- The company has a comprehensive selection of used vehicles, providing customers with numerous options.
- Carmax differentiates itself by offering a transparent and hassle-free car buying experience.
- The company has a strong financial position, allowing for continued investment and expansion.
Weaknesses
- Carmax is primarily focused on the US market, limiting its growth potential in other regions.
- The company heavily relies on the availability and quality of used vehicle inventory, which can fluctuate.
- Carmax faces competition from both traditional automotive dealerships and online car buying platforms.
- The company's brick-and-mortar model may be less appealing to younger, tech-savvy consumers.
Opportunities
- Carmax can expand its international presence to tap into new markets and diversify revenue streams.
- The growing trend of online car buying provides an opportunity for Carmax to further invest in its digital platform.
- The company can develop strategic partnerships with other players in the automotive industry to enhance its offerings.
- Carmax can explore new business models, such as car subscription services, to attract a wider customer base.
Threats
- Increased competition from online car marketplaces poses a threat to Carmax's market share.
- The economic downturn and fluctuations in used car prices can impact Carmax's profitability.
- Changes in consumer preferences towards alternative transportation options, such as ride-sharing, could impact vehicle ownership demand.
- Potential regulatory changes in the automotive industry may require Carmax to adapt its business practices.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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