Inside the research
CarMax, Inc.
KMX Research profile · latest available data
Price overview
$57.21
▲ +0.85 (+1.5%)
| 52w hi | $64.22 |
|---|---|
| 52w lo | $30.88 |
| Vol | 2.73M |
| As of | 25 Sep 2026 |
The Verdict
Our score +2.77
| Short | +5.88 |
|---|---|
| Medium | +1.25 |
| Long | -0.43 |
computed 2026-09-27
Key fundamentals
CarMax, Inc.
Consumer Cyclical · Auto & Truck Dealerships
| Market cap | $8.12B |
|---|---|
| Enterprise value | $26.82B |
| Trailing P/E | 35.53x |
| Forward P/E | 18.51x |
| EV / EBITDA | 26.00x |
| P / S (ttm) | 0.29x |
| Profit margin | 0.8% |
| Return on equity | 3.6% |
| Revenue growth | +5.5% |
| Earnings growth | -5.2% |
| Debt / equity | 307.79 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.03 | |
| Sector | -0.03 | |
| Technical | +0.35 | |
| Earnings | +0.73 | |
| Sentiment | +0.27 |
macro × 1.00 · 2026-09-27
Business overview
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; wholesale 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.
Risk Metrics
| Beta vs SPX | 1.17 |
|---|---|
| Corr SPX | 0.40 |
| Annual vol | 46.9% |
| Annual ret | -2.7% |
| Sharpe | -0.06 |
| Max DD | -65.4% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-31 | Officer / Director Change, Exhibits | read |
| 2026-06-24 | Officer / Director Change, Shareholder Vote… | read |
| 2026-06-17 | Earnings Release, Material Obligation… | read |
| 2026-06-08 | Officer / Director Change | read |
| 2026-05-12 | Officer / Director Change, Exhibits | read |
| 2026-04-14 | Earnings Release, Exhibits | read |
| 2026-04-09 | Officer / Director Change, Exhibits | read |
| 2026-03-02 | Officer / Director Change, Exhibits | read |
| 2026-02-12 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-12-18 | Earnings Release, Exhibits | read |
| 2025-11-06 | Earnings Release, Officer / Director Change… | read |
| 2025-09-25 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-26 | KESSLER JAMES FRANCIS | Grant | 3.70K | — | |
| 2026-06-26 | OShaughnessy Robert | Grant | 3.70K | — | |
| 2026-06-26 | COBB WILLIAM C | Grant | 3.70K | — | |
| 2026-06-26 | ONeil Mark F | Grant | 3.70K | — | |
| 2026-06-26 | Chawla Sona | Grant | 3.70K | — | |
| 2026-06-26 | FOLLIARD THOMAS J | Grant | 3.70K | — | |
| 2026-06-26 | Bensen Peter J | Grant | 3.70K | — | |
| 2026-06-26 | Shinder Marcella | Grant | 3.70K | — | |
| 2026-06-26 | Satriano Pietro | Grant | 3.70K | — | |
| 2026-06-26 | McCreight David W. | Grant | 3.70K | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 94.4% |
| HHI | 2,649 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| AQR Capital Management | $348.96M | 6.62M |
| State Street Corp | $272.72M | 5.16M |
| Millennium Management | $101.86M | 1.93M |
| Capital Research / Capital World | $86.27M | 1.63M |
| Renaissance Technologies | $45.72M | 864.36K |
| Citadel Advisors | $40.36M | 763.07K |
| Fidelity / FMR LLC | $10.74M | 202.98K |
| T. Rowe Price Group | $7.14K | 135.00K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2010–2026 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $25.88B | +8.6% | |
| Gross profit | $2.71B | +5.0% | |
| Net income | $247.29M | -2.8% | |
| Cash from ops | $458.62M | +29.5% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $56.75 | $58.59 | $56.26 | $57.21 | 2.73M |
| Sep 24 | $57.07 | $58.50 | $55.24 | $56.36 | 2.45M |
| Sep 23 | $56.83 | $59.34 | $54.90 | $57.46 | 5.34M |
| Sep 22 | $58.66 | $58.66 | $56.19 | $56.84 | 3.05M |
| Sep 21 | $57.58 | $58.81 | $57.09 | $57.86 | 3.04M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →