CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It 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.
Market Dynamics | Explore CarMax's resilience amid market volatility, with a 4.3% growth in comparable retail units sold despite industry-wide challenges |
Financial Forecasts | Analysts project $2.70 EPS for FY2025 and $3.92 for FY2026, with an average price target of $76.67, reflecting cautious optimism |
Strategic Initiatives | Delve into CarMax's cost reduction efforts and omni-channel investments, poised to drive mid-term profitability and enhance market position |
Growth Opportunities | Learn how CarMax's expansion into full-spectrum credit offerings could boost market share and offset pressures in other business segments |
Metrics to compare | KMX | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipKMXPeersSector | |
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P/E Ratio | 28.0x | 18.6x | 10.7x | |
PEG Ratio | −4.15 | 0.00 | 0.02 | |
Price/Book | 1.9x | 4.7x | 1.4x | |
Price / LTM Sales | 0.4x | 1.1x | 0.9x | |
Upside (Analyst Target) | 5.9% | 2.5% | 20.9% | |
Fair Value Upside | Unlock | −5.5% | 7.3% | Unlock |