CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.
Future Outlook | Analyst projections range from $58 to $80 per share, reflecting varied views on CarMax's ability to navigate market challenges and capitalize on opportunities |
Strategic Evolution | Learn about CarMax's transition from heavy investment in omnichannel development to monetizing growth and focusing on high-margin vehicle segments |
Financial Resilience | Delve into CarMax's mixed financial performance, with strong revenue growth but challenges in maintaining profit margins |
Market Leadership | Explore CarMax's position as the leading used car retailer, facing challenges and opportunities in a shifting automotive landscape |

Metrics to compare | KMX | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipKMXPeersSector | |
|---|---|---|---|---|
P/E Ratio | 12.9x | 21.7x | 10.8x | |
PEG Ratio | 3.51 | 0.13 | 0.02 | |
Price / Book | 1.0x | 1.7x | 1.4x | |
Price / LTM Sales | 0.2x | 1.0x | 0.9x | |
Upside (Analyst Target) | −10.0% | 26.1% | 28.7% | |
Fair Value Upside | Unlock | 4.9% | 10.8% | Unlock |