CarMax, Inc.

CarMax, Inc.

0HTQ.L
CarMax, Inc.GB flagLondon Stock Exchange
50.31
USD
-0.32
- -
7.14BMarket Cap
CarMax, Inc.
0HTQ.L
(London Stock Exchange)

Recent

price

50.31

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- -

div

yld

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Business
CarMax, Inc. (NYSE: KMX; LSE: 0HTQ) operates as the nation's largest retailer of used vehicles in the United States, offering a no-haggle pricing model through its omni-channel platform that integrates online browsing, in-store sales, and hybrid experiences; core products and services include CarMax Certified used cars, trucks, vans, SUVs, and electric vehicles subjected to a 125-point inspection process; CarMax Auto Finance for retail vehicle financing and loan origination; extended service plans and maintenance/repair services; wholesale vehicle auctions for dealer customers; vehicle appraisals and trade-ins with seven-day valid offers; express pickup, home delivery, and 24-hour test drives. The company conducts retail operations across more than 250 locations in 41 states, with customer experience centers supporting nationwide service, and its CarMax Auto Finance segment is based in Kennesaw, Georgia. Founded in 1993 in Richmond, Virginia, where it maintains headquarters, CarMax originated as a Circuit City initiative and became independent in 2002. In recent developments, CarMax participated as an investor in Carpool Logistics' $12 million Series A funding round in March 2025 to enhance vehicle logistics capabilities; the company opened its first store in Arkansas in Rogers during fiscal 2025 and launched new digital tools including at-home pickup and Offer Watch services to streamline selling and buying; it reported strong fiscal year 2025 results with over 80% earnings growth in the fourth quarter, driven by operational efficiencies, omnichannel enhancements, expanded reconditioning capacity, and increased focus on sub-$20,000 vehicles and older car sourcing amid market recovery expectations into 2026.