Company
CarMax, Inc.
Headquarters: Richmond, VA, United States
Founded: September 1993
Employees: 27,000
CEO: Mr. William D. Nash
Market Cap
$11.38 Billion
USD as of July 1, 2024
Top Competitors by Market Capitalization
Industry: Auto & Truck Dealerships
| Company | Market Cap (USD) |
|---|---|
| Hotai Motor Co.,Ltd. | $10.57 B |
| Penske Automotive Group, Inc. | $9.77 B |
| Lithia Motors, Inc. | $6.90 B |
| AutoNation, Inc. | $6.32 B |
| Asbury Automotive Group, Inc. | $4.53 B |
Detailed Description
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through whole auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2021, it operated approximately 220 used car stores and 1 new car franchises. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
CarMax, Inc. has the following listings and related stock indices.
Stock: NYSE: KMX wb_incandescent
Stock: Bovespa: K1MX34 wb_incandescent
Stock: FSX: XA4 wb_incandescent
Key People
Bill Nash, President & CEO Ed Hill, COO Jim Lyski, CMO Shamim Mohammad, C I T O Diane Cafritz, C H R O Enrique Mayor- Mora, CFO
Financials
Revenue: US$18.95 billion (FY2021)
Net income: US$2.37 billion (FY2021)