CarMax/$KMX

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1D1W1MYTD1Y5YMAX

About CarMax

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 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.

Ticker

$KMX

Primary listing

NYSE

Industry

Specialty Retail

Employees

30,048

ISIN

US1431301027

CarMax Metrics

BasicAdvanced
$10B
18.64
$3.61
1.38
-

What the Analysts think about CarMax

Analyst ratings (Buy, Hold, Sell) for CarMax stock.

Bulls say / Bears say

CarMax reported a 9% year-over-year increase in used vehicle sales to retail customers in April, leading to a 7.5% boost in retail revenue, driven by consumer concerns over potential tariff-related price hikes. (axios.com)
In Q3 FY2025, CarMax achieved a 5.4% increase in retail used unit sales and a 6.3% rise in wholesale unit sales, contributing to a 10.6% surge in total gross profit to $677.6 million. (nasdaq.com)
CarMax's strategic focus on online sales paid off, with online transactions accounting for 32% of net revenues in Q3 FY2025, indicating successful adaptation to digital retail trends. (nasdaq.com)
In Q4 FY2025, CarMax's net income fell to $50.3 million, or 32 cents per share, compared with $69 million, or 44 cents per share a year ago, missing analysts' expectations. (usnews.com)
CarMax missed Wall Street estimates for second-quarter profit as price cuts on used vehicles boosted unit sales but kept margins depressed, with average selling price per vehicle down 4.6% in used units. (reuters.com)
Truist Securities adjusted its price target for CarMax shares to $72 from $75, reflecting concerns over a challenging credit environment and potential impacts on sales. (investing.com)
Data summarised monthly by Lightyear AI. Last updated on 9 Jul 2025.

CarMax Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

CarMax Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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