CarMax

Richmond, United States Founded: 1993 • Age: 33 yrs
Retailer of used cars
Annual revenue $26.4B Latest available
Total funding - 1 rounds
Employees 30050 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About CarMax

CarMax is a company based in Richmond (United States) founded in 1993. The company has 30,050 employees as of February 28, 2024. CarMax has completed 1 acquisition, including Edmunds.com. CarMax offers products and services including Used Cars and Vehicle Financing.

  • Headquarter Richmond, United States
  • Employees 30050 as on 28 Feb, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Carmax Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.35 B (USD)
    -0.69
    as on Feb 28, 2025
  • Net Profit
    $500.56 M (USD)
    4.46
    as on Feb 28, 2025
  • EBITDA
    $167.28 M (USD)
    8.55
    as on Feb 28, 2025
  • Latest Funding Round
    $1 B (USD), Debt – Conventional

    Feb 01, 2014

  • Investors
    Not available
  • Employee Count
    30050

    as on Feb 28, 2024

  • Investments & Acquisitions
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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.

Exchange: NYSE · Ticker: KMX · Sector: Retail trade · USA

Products & Services of CarMax

CarMax offers a comprehensive portfolio of products and services, including Used Cars and Vehicle Financing.

Product name locked
Category locked
Primary

Used cars and SUVs are sold for personal and commercial uses

Product name locked
Category locked
Locked

Financing and trade services are provided for vehicle transactions

People of CarMax

Headcount 10000+
Employee Profiles 497
Board Members and Advisors 9
Employee Profiles
People
Julie Reed
VP, Procurement and Strategic Sourcing
People
Lew Ross
Senior Analyst
People
Moses Moore
Recruiter II CAF (carmax Auto Finance) Corporate, Fulfillment, Specialty & Fleet
People
Brett Masry
Manager, Logistics - Centralized Planning

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Board Members and Advisors
people
Shira Goodman
Board Member
people
Mitchell D. Steenrod
Board Member

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Funding Insights of CarMax

Investments & Acquisitions by CarMax

CarMax has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Edmunds.com.

Investments
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Investment portfolio details for CarMax

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-category used vehicles are listed and compared online for consumers.
Locked Locked 1966 Locked
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Complete acquisition details for CarMax

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - CarMax

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Detailed financials for CarMax

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Carmax Comparisons

CarMax Primary company
Description
Retailer of used cars
Location
Richmond, United States
Founded Year
1993
Annual Revenue
$26.35 B (USD)
Net Profit
$500.56 M (USD)
EBITDA
$167.28 M (USD)
Employees
30,050
As of 2024
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Peer comparison for CarMax

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  • Named peers
  • Headcount comparison
  • Funding comparison
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Competitors of CarMax

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Detailed competitors of CarMax

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Carmax

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Complete news archive for CarMax

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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 current CEO of CarMax.

As of Feb 28, 2024, the latest employee count at CarMax is 30,050.

Annual revenue of CarMax is $26.35B as on Feb 28, 2025.

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.

The ticker symbol of CarMax is KMX on NYSE.

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