CarMax
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CarMax

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    • Automotive & TransportationFinancial ServicesRetailauto loansinsuranceused cars
    CarMax operates as a retailer of used vehicles. 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 and imported vehicles, sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, and provides extended protection plans to customers at the time of sale. The Company also offers reconditioning and vehicle repair services, and provides financing alternatives for retail customers across a range of credit spectrum. In addition, it sells new vehicles under franchise agreements.
    Revenue(FY, 2018)
    $17.1 B
    Market capitalization(2018-11-09)
    $11.5 B
    Stores(FY, 2017)
    173

    Employee Rating

    3.5More
    TypePublic
    HQRichmond, US
    Founded1993
    Size (employees)25,000 (est)
    Websitecarmax.com
    CarMax was founded in 1993 and is headquartered in Richmond, US
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    Key People/Management 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
    Eric Margolin

    Eric Margolin

    EVP, General Counsel and Corporate Secretary
    Ed Hill

    Ed Hill

    EVP, Strategy and Business Transformation
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    CarMax Office Locations

    CarMax has offices in Plano, Greenville, Sterling, Augusta and in 122 other locations
    Richmond, US (HQ)
    12800 Tuckahoe Creek Parkway
    Show all (127)
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    CarMax Financials and Metrics

    CarMax Revenue

    Embed Graph
    CarMax's revenue was reported to be $17.12 b in FY, 2018
    USD

    Revenue (Q2, 2019)

    		4.8b

    Gross profit (Q2, 2019)

    		650.6m

    Gross profit margin (Q2, 2019), %

    		13.7%

    Net income (Q2, 2019)

    		220.9m

    Market capitalization (9-Nov-2018)

    		11.5b

    Closing stock price (9-Nov-2018)

    		65.7

    Cash (31-Aug-2018)

    		37.1m
    CarMax's current market capitalization is $11.5 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Revenue

    		12.6b14.3b15.1b15.9b17.1b

    Revenue growth, %

    		13%6%5%

    Cost of goods sold

    		10.9b12.4b13.1b13.7b14.8b

    Gross profit

    		1.6b1.9b2.0b2.2b2.3b
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Revenue

    		3.2b2.9b3.8b3.6b3.4b4.0b3.9b3.5b4.1b4.0b3.7b4.5b4.4b4.1b4.8b4.8b

    Cost of goods sold

    		2.8b2.6b3.2b3.1b3.0b3.5b3.4b3.1b3.6b3.5b3.2b3.9b3.8b3.6b4.1b4.1b

    Gross profit

    		434.7m381.7m501.7m463.3m446.6m543.8m521.4m464.3m572.6m545.4m503.1m648.9m604.0m539.2m661.3m650.6m

    Gross profit Margin, %

    		13%13%13%13%13%14%13%13%14%14%14%14%14%13%14%14%
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Cash

    		627.9m27.6m37.4m38.4m44.5m

    Accounts Receivable

    		79.9m137.7m132.2m152.4m133.3m

    Inventories

    		1.6b2.1b1.9b2.3b2.4b

    Current Assets

    		2.6b2.6b2.5b2.9b3.1b
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Cash

    		750.0m664.8m532.2m354.6m189.9m351.7m100.5m33.3m52.6m316.0m23.7m60.1m25.8m26.3m76.3m37.1m

    Accounts Receivable

    		85.5m68.0m97.8m108.9m88.2m103.7m100.8m88.5m102.5m94.6m92.0m104.7m99.7m95.8m101.4m104.9m

    Inventories

    		1.4b1.6b1.7b1.7b2.0b1.8b1.9b2.2b1.9b1.9b2.2b2.1b2.2b2.4b2.3b2.4b

    Current Assets

    		2.5b2.6b2.6b2.5b2.6b2.7b2.5b2.6b2.4b2.8b2.7b2.7b2.8b3.0b3.0b3.0b
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Net Income

    		99.2m597.4m623.4m627.0m664.1m

    Depreciation and Amortization

    		168.9m179.9m

    Inventories

    		(445.4m)154.8m(328.5m)(130.1m)

    Cash From Operating Activities

    		(968.1m)(148.9m)(468.1m)(80.5m)
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Net Income

    		286.9m393.4m169.7m324.2m454.2m182.0m354.2m482.4m175.4m337.7m474.4m211.7m393.1m542.0m238.7m459.5m

    Depreciation and Amortization

    		49.2m74.0m27.3m55.8m85.0m32.1m65.2m100.5m40.8m83.0m125.7m43.9m88.1m133.2m45.3m90.3m

    Inventories

    		153.8m(38.5m)(40.4m)(67.5m)(323.2m)242.8m175.3m(66.4m)67.0m13.2m(238.1m)112.3m28.8m(180.0m)130.7m33.3m

    Cash From Operating Activities

    		(263.6m)(493.1m)(209.1m)(436.6m)(784.6m)117.6m(84.7m)(381.6m)85.4m(39.8m)(343.1m)191.5m81.1m(193.1m)230.8m110.9m
    show all
    USDY, 2018

    Financial Leverage

    		5.2 x
    Show all financial metrics

    CarMax Operating Metrics

    CarMax's Stores was reported to be 173 in FY, 2017.
    FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

    Stores

    		131 144 158 173

    Used Vehicles Sold

    		526.93 k582.28 k164.51 k156.52 k143.67 k619.94 k171.08 k167.41 k156.79 k671.29 k195.27 k

    Wholesale Vehicles Sold

    		342.58 k376.19 k101.63 k106.52 k94.07 k394.44 k103.46 k105.11 k91.97 k391.69 k103.44 k
    Show all operating metrics
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    Competitors

    AutoNation
    Automotive & Transportation - Public
    Penske Automotive Group
    Automotive & Transportation - Public
    Copart
    Automotive & Transportation - Public
    Inchcape
    Automotive & Transportation - Public
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    CarMax Online and Social Media Presence

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    CarMax News and Updates

    June 22, 2018

    CarMax Group (KMX) CEO Bill Nash on Q1 2019 Results - Earnings Call Transcript

    May 30, 2018

    CarMax: Buy The Strength

    April 18, 2018

    Buy CarMax In The Face Of 'Bad News'

    April 04, 2018

    CarMax's (KMX) CEO Bill Nash on Q4 2018 Results - Earnings Call Transcript

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    CarMax Company Life and Culture

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     CarMax Frequently Asked Questions

    • When was CarMax founded?

      CarMax was founded in 1993.

    • Who are CarMax key executives?

      CarMax's key executives are Bill Nash, Cliff Wood and Tom Reedy.

    • How many employees does CarMax have?

      CarMax has 25,000 employees.

    • What is CarMax revenue?

      Latest CarMax annual revenue is $17.1 b.

    • What is CarMax revenue per employee?

      Latest CarMax revenue per employee is $684.8 k.

    • Who are CarMax competitors?

      Competitors of CarMax include AutoNation, Penske Automotive Group and Copart.

    • Where is CarMax headquarters?

      CarMax headquarters is located at 12800 Tuckahoe Creek Parkway , Richmond.

    • Where are CarMax offices?

      CarMax has offices in Plano, Greenville, Sterling, Augusta and in 122 other locations.

    • How many offices does CarMax have?

      CarMax has 127 offices.