We always knew there had to be a better way to buy used cars. One that would make the process easy and fun. So we created CarMax, and we've been changing the way America buys cars since we opened our first store in Richmond, Virginia in 1993. Through hard work and dedication, we've grown from that one store in Richmond to more than 150 stores across the country. We are selling almost 600,000 vehicles a year. And the news is buzzing with stories about CarMax, the experience we offer our customers, and the work environment we provide for our Associates. In fact, we know our Associates are fundamental to our success and are the key to our future growth.

In fact, CarMax is listed on the FORTUNE® 500 list, and we've been named one of FORTUNE's "100 Best Companies to Work For" 11 years running. We're also named as one of Training Magazine's Top Training 125 year after year. In 2015, we were also recognized by Great Place to Work® and Fortune as one of the 50 Best Workplaces for Diversity as well as one of the 10 best workplaces for African Americans and Hispanics.

Henrico, US
Size (employees)
22,429 (est)
CarMax was founded in 1993 and is headquartered in Henrico, US

Key People at CarMax

Bill Nash

Bill Nash

President and Chief Executive Officer
Cliff Wood

Cliff Wood

EVP, Chief Operating Officer
Tom Reedy

Tom Reedy

EVP, Chief Financial Officer
Ed Hill

Ed Hill

EVP, Strategy and Business Transformation
Eric Margolin

Eric Margolin

EVP, General Counsel and Corporate Secretary

CarMax Office Locations

CarMax has offices in Henrico, Baton Rouge, Roseville, New York and in 120 other locations
Henrico, US
San Jose, US
Lynnwood, US
Fort Lauderdale, US
Waterbury, US
Pensacola, US
Newport News, US
Kansas City, US
Savannah, US
Bloomington, US
Gaithersburg, US
Clearwater, US
Tulsa, US
Loveland, US
Newport, US
Santa Rosa, US
Midlothian, US
San Diego, US
Mobile, US
Albany, US

CarMax Metrics

CarMax Summary

Market capitalization

$11.1 b

Closing share price

CarMax's current market capitalization is $11.1 b.

CarMax Financials

CarMax's revenue is $15.1 b in FY, 2016 which is a 6.2% increase from the previous period.
FY, 2014FY, 2015FY, 2016


$12.6 b$14.3 b$15.1 b

Revenue growth, %


Gross profit

$1.6 b$1.9 b$2 b


$795.8 m$966 m$997.4 m

Net Income

$492.6 m$597.4 m$623.4 m

Operating cash flow

($600.3 m)$9.8 m

CarMax Market Value History

CarMax Job Categories

CarMax Online Presence

CarMax News

CarMax Company Life

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