CarMax, Inc. (KMX)
| Market Cap | 8.08B -7.9% |
| Revenue (ttm) | 28.20B -1.7% |
| Net Income | 222.54M -60.2% |
| EPS | 1.54 -57.4% |
| Shares Out | 141.91M |
| PE Ratio | 37.62 |
| Forward PE | 20.56 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 417,348 |
| Open | 58.66 |
| Previous Close | 57.86 |
| Day's Range | 56.78 - 58.66 |
| 52-Week Range | 30.26 - 65.28 |
| Beta | 1.17 |
| Analysts | Hold |
| Price Target | 54.85 (-3.62%) |
| Earnings Date | Sep 29, 2026 |
About KMX
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 Finan... [Read more]
Financial Performance
In fiscal year 2026, CarMax's revenue was $27.76 billion, a decrease of -1.60% compared to the previous year's $28.21 billion. Earnings were $247.29 million, a decrease of -50.60%.
Financial StatementsAnalyst Summary
According to 19 analysts, the average rating for KMX stock is "Hold." The 12-month stock price target is $54.85, which is a decrease of -3.62% from the latest price.
News
A New Hollywood? Plus, CarMax Cuts Jobs Again
Paramount reached a settlement with state attorneys general from a dozen states, including California and New York, removing a major hurdle to its megamerger with Warner Bros. Discovery, my colleagues...
CarMax Cuts 145 Corporate Jobs in Third Layoff Round in 11 Months
Used car retailer CarMax laid off about 4% of its corporate staff, or 145 employees, as part of “running leaner,” the company said in a Monday (Sept. 21) report by Bloomberg.
CarMax Cuts Jobs for Third Time in 12 Months Amid Soft Auto Market
The nation's largest used-car retailer slashed 145 white-collar jobs, about 4% of its corporate staff, as part of a turnaround plan.
CarMax Announces Second Quarter Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ended August 31, 2026 before the market opens on September 29, 2026, and it will host a...
Gen Alpha Turns 16: New CarMax Survey Reveals the Next Generation of Drivers Is Ready to Get Behind the Wheel
More than two thirds of Gen Alpha teens say they are excited about the idea of driving More than two thirds of Gen Alpha teens say they are excited about the idea of driving
CarMax Named one of the 2026 PEOPLE® Companies That Care
RICHMOND, VA, Aug. 12, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX) has been named as one of the 2026 PEOPLE® Companies That Care, ranking #70 and marking the company's seventh appearance on the ...
CarMax Teams with Sierra to Enhance Inbound Sales Call Experience
Richmond, VA, Aug. 06, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, today announced it is working with Sierra on a better inbound call experience for ...
CarMax's Turnaround Is a Work in Progress, but Insiders Are Buying Anyway
Four directors snap up CarMax shares on the heels of the auto retailer's first-quarter earnings report.
CarMax Recognized as One of the 50 Most Community-Minded Companies in the US
RICHMOND, Va., June 30, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has been recognized by Points of Light as a 2026 honoree of The Civic 50® , recog...
CarMax Transcript: AGM 2026
The meeting covered director elections, auditor ratification, executive compensation, and stock plan amendments, all of which were approved. No shareholder questions were received, and outgoing directors were recognized for their service.
Wednesday's Final Takeaways: KMX Falls After Earnings & Fed Holds Rates Steady
Marley Kayden discusses financials leading the market higher while investors digested the Federal Reserve's decision to keep interest rates unchanged. Meanwhile, CarMax (KMX) slid after earnings and N...
CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
CarMax stock fell in midday trading Wednesday as questions remain about the company's ability to grow and cut costs. The used vehicle retailer's new CEO, Keith Barr, told CNBC that he has a new plan t...
CarMax Revenues Climb as CEO Calls for Digital Tune-Up
CarMax revenues are up, and CEO Keith Barr said he is focused on improving the company's digital car shopping experience. The used car dealer reported quarterly earnings Wednesday (June 17) that showe...
CarMax Earnings Call Transcript: Q1 2027
Sales grew 6.2% to $8B with improved unit volumes and dynamic pricing, while SG&A and reconditioning efficiencies supported margins. The company is executing a four-pillar strategy to drive growth, with a $200M SG&A savings target and a strategic update planned for the fall.
CarMax Slides: Q1 2027
CarMax has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on June 17, 2026.
CarMax Earnings release: Q1 2027
CarMax released its Q1 2027 earnings on June 17, 2026, summarizing the period's financial results.
CarMax Quarterly report: Q1 2027
CarMax has published its Q1 2027 quarterly earnings report on June 17, 2026.
CarMax tops first-quarter revenue estimates on higher prices, wholesale demand
CarMax topped revenue estimates for the first quarter on Wednesday, helped by higher used-vehicle prices and stronger wholesale demand.
CarMax Profit Falls Despite Higher Sales
CarMax said its fiscal first-quarter profit was hurt by price cuts the company had implemented to help spur sales.
CarMax Stock Rises. Used-Car Retailer Tops Earnings Estimates.
CarMax stock advances after the used-vehicle retailer handily tops Wall Street expectations with its first-quarter earnings.
CarMax Reports First Quarter Fiscal 2027 Results
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2026. First Quarter Highlights:(1) CEO Keith Barr announces CarMax's four-pillar stra...
CarMax Announces First Quarter Conference Call and Annual Meeting Information
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the first quarter ended May 31, 2026 before the market opens on June 17, 2026, and it will host a conferen...
CarMax Announces Robert O'Shaughnessy to Join Board of Directors
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”), the nation's largest retailer of used cars, today announced that it intends to add Robert O'Shaughnessy to the Com...
CarMax Proxy statement: Proxy filing
CarMax filed a proxy statement on May 12, 2026, providing details for shareholder voting and corporate governance matters.