CarMax Inc - Company Profile
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CarMax Inc (CarMax), is a used vehicles retailer offering an assortment of automotive merchandise and services. The company provides new vehicles, used vehicles, parts, automotive repair and maintenance services, and automotive finance services. It also offers reconditioning services to its used car consumers, including certified quality inspection of the engine and major systems, such as electronics, brakes, cooling, fuel, transmission, suspension, and steering. CarMax offers CarMax Auto Finance in association with third parties such as Capital One Auto Finance, Exeter Finance Corp, Chase Auto Finance, Westlake Financial Services, Ally Financial, Santander Consumer USA, and American Credit Acceptance. CarMax is headquartered in Richmond, Virginia, the US.
Headquarters
United States of America
Address
12800 Tuckahoe Creek Pkwy, Richmond, Virginia, 23238
Telephone
1 804 7470422
No of Employees
30,621
Industry
Automotive
Ticker Symbol & Exchange
KMX (NYSE)
Revenue (2023)
$29.7B
EPS
XYZ
Market Cap*
$11.0B
Net Profit Margin (2023)
XYZ
-54.9%
* As of and is in US$
CarMax Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| New and Used Cars | Inspection and Repair |
| Extended Protection Plans | |
| Credit and Finance Options |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company entered into a partnership with Gotham FC to offer surprise-and-delight moments. |
| 2023 | New Products/Services | In December, the company launched its first all-electric semi-truck in California’s San Joaquin Valley. |
| 2023 | Plans/Strategy | In March, the company announced its plans to open a new store and production facility in West Valley. |
Competitor Comparison
| Key Parameters | CarMax Inc | Lowe's Companies Inc | Lithia Motors Inc | Penske Automotive Group Inc | AutoNation Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Richmond | Mooresville | Medford | Bloomfield Hills | Fort Lauderdale |
| State/Province | Virginia | North Carolina | Oregon | Michigan | Florida |
| No. of Employees | 30,621 | 182,000 | 27,446 | 28,000 | 25,300 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William D. Nash | Chief Executive Officer; President; Director | Executive Board | 2016 | 53 |
| Enrique Mayor-Mora | Chief Financial Officer; Senior Vice President | Senior Management | 2019 | 54 |
| James Lyski | Chief Marketing Officer; Executive Vice President | Senior Management | 2017 | 60 |
| Diane Long Cafritz | Chief Compliance Officer; Chief Human Resources Officer; General Counsel; Executive Vice President | Senior Management | 2021 | 52 |
| Shamim Mohammad | Chief Information and Technology Officer; Executive Vice President | Senior Management | 2018 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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