CarMax (KMX)
(Delayed Data from NYSE)
$69.59 USD
+0.37 (0.53%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $69.56 -0.03 (-0.04%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth F Momentum D VGM
Company Summary
Headquartered in Richmond, VA, CarMax is the largest retailer of used vehicles in the United States. In fiscal 2023 (ended Feb 28, 2023), CarMax retailed 807,823 used vehicles. The company is also one of the nation’s largest operators of wholesale vehicle auctions, with 585,071 vehicles sold in fiscal 2023. Additionally, CarMax is engaged in providing customers with a full range of related services including financing of vehicle purchases and sale of extended warranties, accessories and vehicle repair services. As of Feb 28, 2023, CarMax operated 240 used vehicle stores in the United States. A major chunk of CarMax total revenues is generated in ...
Company Summary
Headquartered in Richmond, VA, CarMax is the largest retailer of used vehicles in the United States. In fiscal 2023 (ended Feb 28, 2023), CarMax retailed 807,823 used vehicles. The company is also one of the nation’s largest operators of wholesale vehicle auctions, with 585,071 vehicles sold in fiscal 2023. Additionally, CarMax is engaged in providing customers with a full range of related services including financing of vehicle purchases and sale of extended warranties, accessories and vehicle repair services. As of Feb 28, 2023, CarMax operated 240 used vehicle stores in the United States. A major chunk of CarMax total revenues is generated in the Southeastern U.S., California, Texas and Washington, D.C./Baltimore.
CarMax has traditionally acquired its used-vehicle inventory directly from consumers through its in-store appraisal process as well as from other sources including local and regional auctions, wholesalers, franchised and independent dealers and fleet owners, such as leasing and rental companies. However, the COVID-19 pandemic transformed the company’s business model to a large extent, with CarMax adopting a more omni-channel approach. In fiscal Q4’21, CarMax completed the nationwide rollout of its online instant appraisal offer, which quickly gives customers an offer on their vehicle. As far as vehicle purchase process by retail customers is concerned, a seamless integration of a world-class in-store experience and an online experience improves the shopping experience of the buyers. During the fiscal Q2’21, CarMax completed the rollout of its omni-channel platform, providing the auto retailer the largest addressable market in the used car industry.
CarMax operates under two reportable segments: CarMax Sales Operations and CarMax Auto Finance (CAF). Under the CarMax Sales Operations segment, the company undertakes all auto merchandising and service operations, excluding financing. The CAF segment provides vehicle financing services to customers buying through CarMax stores. In fiscal 2023, used vehicles contributed 77.6% while wholesale vehicles contributed 20.2% to total revenues. Other sales and revenues contributed 2.2% to total revenues.
General Information
CarMax, Inc
12800 TUCKAHOE CREEK PARKWAY
RICHMOND, VA 23238
Phone: 804-747-0422
Fax: 804-217-6819
Email: investor_relations@carmax.com
Industry | Automotive - Retail and Wholesale - Parts |
Sector | Retail-Wholesale |
Fiscal Year End | February |
Last Reported Quarter | 2/29/2024 |
Exp Earnings Date | 6/28/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.07 |
Current Year EPS Consensus Estimate | 3.27 |
Estimated Long-Term EPS Growth Rate | 18.30 |
Exp Earnings Date | 6/28/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 69.22 |
52 Week High | 88.22 |
52 Week Low | 59.66 |
Beta | 1.61 |
20 Day Moving Average | 2,927,939.75 |
Target Price Consensus | 78.67 |
4 Week | -20.11 |
12 Week | -4.40 |
YTD | -9.32 |
4 Week | -17.69 |
12 Week | -7.05 |
YTD | -14.78 |
Shares Outstanding (millions) | 157.39 |
Market Capitalization (millions) | 10,952.60 |
Short Ratio | NA |
Last Split Date | 3/27/2007 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 21.27 |
Trailing 12 Months | 25.31 |
PEG Ratio | 1.16 |
vs. Previous Year | -27.27% |
vs. Previous Quarter | -38.46% |
vs. Previous Year | -1.68% |
vs. Previous Quarter | -8.49% |
Price/Book | 1.81 |
Price/Cash Flow | 14.86 |
Price / Sales | 0.41 |
2/29/24 | 7.26 |
11/30/23 | 7.72 |
8/31/23 | 7.14 |
2/29/24 | 1.60 |
11/30/23 | 1.69 |
8/31/23 | 1.54 |
2/29/24 | 2.26 |
11/30/23 | 2.45 |
8/31/23 | 2.32 |
2/29/24 | 0.67 |
11/30/23 | 0.71 |
8/31/23 | 0.67 |
2/29/24 | 1.64 |
11/30/23 | 1.70 |
8/31/23 | 1.52 |
2/29/24 | 1.81 |
11/30/23 | 1.87 |
8/31/23 | 1.68 |
2/29/24 | 2.42 |
11/30/23 | 2.47 |
8/31/23 | 2.22 |
2/29/24 | 38.59 |
11/30/23 | 38.09 |
8/31/23 | 37.85 |
2/29/24 | 6.25 |
11/30/23 | 6.25 |
8/31/23 | 6.45 |
2/29/24 | 2.96 |
11/30/23 | 3.01 |
8/31/23 | 3.01 |
2/29/24 | 74.73 |
11/30/23 | 75.03 |
8/31/23 | 75.07 |