About CarMax
CarMax is a publicly listed company based in Richmond (United States) founded in 1993. Retailer of used cars. The company has 30,050 employees. CarMax has completed 1 acquisition, including Edmunds.com. Its chief executive, as recorded, is William D. Nash. Its website carmax.com draws about 18.5 million monthly visits. CarMax offers products and services including Used Cars and Vehicle Financing. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its legal entity is CarMax, Inc.
Company details
CarMax was founded in 1993 in Richmond, United States, within the automotive retail sector. Used vehicles are bought and sold by the company, alongside extended protection plans, financing arrangements, reconditioning processes, repair services, and accessories. Operations span various locations across the United States. In 2022, revenues of 33.19 billion were achieved, accompanied by a net profit of 1.15 billion.
- Headquarters Richmond, United States
- Employees 30,050
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles
- Email••••••••
- Phone•••• ••••
- Website carmax.xom
- Social LinkedIn X Facebook
- Legal Name Carmax Inc
- Annual Revenue$27.75 B (USD)-1.64as on Feb 28, 2026
- Net Profit$247.29 M (USD)-50.6as on Feb 28, 2026
- EBITDA$968.91 M (USD)-11.98as on Feb 28, 2026
- Latest Funding Round$1B (USD), Debt – Conventional
Feb 2014
- Employee Count30,050
- Investments & Acquisitions
Products & Services of CarMax
CarMax offers a comprehensive portfolio of products and services, including Used Cars and Vehicle Financing.
Used cars and SUVs are sold for personal and commercial uses
Financing and trade services are provided for vehicle transactions
Apps and channels of CarMax
CarMax publishes 2 mobile apps with over 5M+ downloads.
Funding Insights of CarMax
- Total Rounds 1
- Last Round Debt – Conventional — $1B
- First Round $1B
(Feb 2014)
All 1 funding rounds of CarMax with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2014 | $1B | Debt – Conventional | – | – | – |
People of CarMax
506 people are tracked at CarMax (123 in leadership, 9 in board & advisors, 374 in team); the tracked headcount is 30,050.
| Name | Role | Group |
|---|---|---|
William D. Nash | CEO | Leadership |
Julie Reed | VP, Procurement and Strategic Sourcing | Leadership |
Chris Sloan | VP, Service Operations | Leadership |
Kevin Cox | VP, Sales | Leadership |
Steve Allocco | VP, Information Technology | Leadership |
Dan Bickett | VP, Store Delivery and Support Services | Leadership |
Tyler Tuite | VP, Strategy | Leadership |
Cherri Heart | VP, Chief Information Security Officer | Leadership |
Andy McMonigle | VP, Finance and Treasurer | Leadership |
Greg Fitzharris | VP, Deputy General Counsel | Leadership |
Edward Lockley | Director, Enterprise Applications - Contact Center Technology | Leadership |
Jason McEwen | Location General Manager | Leadership |
Eileen Yost | Assistant Vice President, Tax | Leadership |
Larry Williams | Location General Manager | Leadership |
Mark Roeder | General Manager | Leadership |
Jason Warrington | Regional Vice President | Leadership |
Thomas Webb Jr | General Manager | Leadership |
Ren Lacerda | Head Of SEO | Leadership |
Danette Quintana-Green | Location General Manager | Leadership |
Charles Erbe | Location General Manager | Leadership |
486 more people are available in the full profile.
Complete people profiles for CarMax
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IPO & Listings of CarMax
CarMax is a publicly listed company on the NYSE with ticker symbol KMX in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Feb 1997
- Listed onNYSE: KMX
- Listed entityCarMax Inc
- Exchange sectorRetail trade
- ISINUS1431301027
- Share price$50.81 (+0.24% on the day) · 2026-10-13
- Market capitalisation$7.21B
- Price to earnings24.9
- EPS (diluted, trailing year)$2.04
- Volume (last session)3,127,972
Financials of CarMax
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $27.75B | $247.3M | $968.9M |
| 2024 | $28.21B | $500.6M | $1.10B |
| 2023 | $28.21B | $479.2M | $1.05B |
| 2022 | $31.13B | $484.8M | $1.03B |
| 2021 | $33.20B | $1.15B | $1.83B |
Detailed financial statements for CarMax
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by CarMax
CarMax has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Edmunds.com.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-category used vehicles are listed and compared online for consumers. | edmunds.com | Santa Monica, United States | 1966 | Apr 2021 | •••• |
Complete acquisition details for CarMax
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of CarMax
4 dated milestones of CarMax across 28 years, from founding to its latest funding, stage changes and deals.
- Founded CarMax is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.0B.
- Acquisition Acquires Edmunds.com.
Web traffic of CarMax
The website of CarMax (carmax.com) receives about 18.5M visits a month and ranks #2,395 among all websites worldwide, #35 in Vehicles.
- Monthly visits18.5M
▲ 17.1% vs previous month
- Unique visitors6.3M
per month
- Global rank#2,395
among all websites
- Category rank#35
Vehicles · Vehicles
- Bounce rate40%
- Pages per visit6.6
- Average visit4 min 58 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with CarMax. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| carfax.com | 100% | 54.2M | #763 | View details | |
| cars.com | 100% | 29.6M | #1,446 | View details | |
| edmunds.com | 91% | 17.9M | #2,701 | View details | |
| cargurus.com | 90% | 50M | #777 | View details | |
| kbb.com | 86% | 26.8M | #2,046 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for CarMax
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Related news about Carmax
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Frequently Asked Questions about CarMax
CarMax was founded in 1993 and raised its 1st funding round 21 years after it was founded.
CarMax is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
William D. Nash is the CEO of CarMax, as recorded in our data.
CarMax has 30,050 employees.
Annual revenue of CarMax is $27.75B as on Feb 28, 2026.
CarMax was founded in 1993 in Richmond, United States, within the automotive retail sector. Used vehicles are bought and sold by the company, alongside extended protection plans, financing arrangements, reconditioning processes, repair services, and accessories. Operations span various locations across the United States. In 2022, revenues of 33.19 billion were achieved, accompanied by a net profit of 1.15 billion.
CarMax offers Used Cars and Vehicle Financing.
Yes, CarMax is publicly traded on NYSE under the ticker symbol KMX.
CarMax has made 1 acquisition, including Edmunds.com.
CarMax operates through Carmax, Inc.
Yes. CarMax publishes CarMax: Used Cars for Sale and 1 more app, with over 5 million downloads.
The website of CarMax receives about 18.5 million visits a month and ranks #2,395 among all websites worldwide.