CarMax's Competitors, Revenue, Number of Employees, Funding and Acquisitions

CarMax is an automotive retailer that offers a range of makes and models of used vehicles in the United States.

CarMax is...
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Based on data from CarMax's latest SEC filings

Annual Revenue

Based on data from CarMax's latest SEC filings

Employees

Bill Nash's photo - CEO of CarMax

CEO

Bill Nash

CEO Approval Rating

100/100

OVERVIEW

Founded:

1993

Headquarters:

RichmondVirginia

Status:

PublicIndependent Company of NYSEKMX

Industry Sector:

Retail Distributors

SIC Code:

Top Competitors or Alternatives

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Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Sonic Automotive has been one of CarMax's top competitors. Sonic Automotive is a Public company that was founded in 1997 in Charlotte, North Carolina. Sonic Automotive operates in the Automobile Services & Suppliers industry. Compared to CarMax, Sonic Automotive has 15,300 fewer employees.

Penske Automotive is seen as one of CarMax's biggest rivals. Penske Automotive is a Public company that was founded in Bloomfield Hills, Michigan in 1990. Penske Automotive is in the Automobile Manufacturers industry. Penske Automotive has 2,000 more employees vs. CarMax.

Openbay is perceived as one of CarMax's biggest rivals. Openbay was founded in Cambridge, Massachusetts} in 2012. Openbay competes in the Internet Software industry. Compared to CarMax, Openbay generates $19.6B less revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Bill Nash

CEO

- -
25,000
$437.2M
$19.6B
1

David Bruton Smith

CEO

83/100
9,800
$152.4M
$10B
2

Roger S. Penske

Chairman & CEO

78/100
24,000
- -
$22.4B
3

Rob Infantino

Founder & CEO

92/100
40
$8M
$14M
4

Arun Simon

Co-Founder & CEO

68/100
15
- -
$ < 1M
5

Jeffrey A. Williams

CEO

74/100
1,420
- -
$677M
6

David W Hult

President & CEO

63/100
7,900
$127M
$7B
7

Ian Griffiths

Co-Founder & CEO

80/100
10
$5.3M
$5.2M
8

Ernie Garcia

Founder & CEO

51/100
1,070
$385M
$2.9B
9

Anthony Rodio

President & CEO

78/100
120
$32.7M
$6.5M
10

Jennifer Tejada

CEO

80/100
450
$413.5M
$149.3M

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$19.6B

CarMax's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 5.7B. Over the last four quarters, CarMax's revenue has grown by 20.6%. Specifically, in Q3 2019's revenue was $5.3B; in Q2 2019, it was $5.5B; in Q1 2019, it was $4.4B; in Q4 2018, CarMax's revenue was $4.4B.

Acquisitions

No recent acquisitions found related to CarMax

CarMax Funding History

Since CarMax was founded in 1993, it has participated in 1 round of funding. In total CarMax has raised $437.2M. CarMax's funding round was on Feb 1997 for a total of $437.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Feb 1997
$437.2M

Total Funding: $437.2M

Since CarMax was founded in 1993, it has participated in 1 round of funding. In total CarMax has raised $437.2M. CarMax's funding round was on Feb 1997 for a total of $437.2M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

RepairPal is an online platform that allows users to find auto shops and car repair estimates.
$5M
Nov 27, 2017
Equity
-

CarMax News

September 30, 2019Automotive News

Personalize car buying

A woman with a newborn who didn't want to trek into the city to buy a car, and instead had one delive... See more »
September 26, 2019Zacks

KMX & AZO's Earnings, AXL's Divestment Deal & More

This week, CarMax (KMX) and AutoZone (AZO) release quarterly results, wherein both the companies deli... See more »
September 25, 2019Benzinga

CarMax New Omni-Channel Strategy Seems To Work, But Comes With Near-Term Cost

CarMax, Inc. (NYSE: KMX) is in the early stages of a major change in sales strategy as it rolls out w... See more »
September 25, 2019Seeking Alpha

CarMax Continues To Deliver

September 24, 201924/7 Wall St.

What's Driving CarMax's Strong Q2?

September 24, 2019MarketWatch

CarMax profit and revenue rise above expectations

CarMax Inc. reported Tuesday fiscal second-quarter profit and revenue that rose above expectations, h... See more »

CarMax Press Releases

December 21, 2018StreetInsider

CarMax Reports Third Quarter Results

CarMax, Inc. (NYSE: KMX) today reported results for the third quarter ended November�30, 2018. Year-o... See more »
December 5, 2018PR Newswire

KaBOOM! and The CarMax Foundation Announce $4.4 Million Partnership Renewal to Bring Innovative Play to 170,000 More Kids by 2021

RICHMOND, Va., Dec. 5, 2018 /PRNewswire/ -- The CarMax Foundation announces today the renewal of its ... See more »
June 26, 2018GlobeNewswire

Investor Expectations to Drive Momentum within Intrepid Potash, Portland General Electric, CarMax, Boyd Gaming, Masco, and Bemis - Discovering Underlying Factors of Influence

NEW YORK, June 26, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this m... See more »
June 22, 2018StreetInsider

CarMax Reports First Quarter Results

CarMax, Inc. (NYSE: KMX) today reported results for the first quarter ended May 31, 2018. Year-over-y... See more »
May 31, 2018PRWeb

The Mission Continues Deploys Veterans to Help Revitalize Los Angeles' Watts Neighborhood

The veterans' nonprofit seeks to create ongoing improvement to strengthen historic LA neighborhood wi... See more »
April 9, 2018GlobeNewswire

Carmax Increases Size of Eaglehead Project

VANCOUVER, British Columbia, April 09, 2018 (GLOBE NEWSWIRE) -- Carmax Mining Corp. ("Carmax" or the ... See more »
March 21, 2018Business Wire

CarMax Announces Conference Call and Webcast Information for Fourth Quarter and Fiscal Year 2018 Results

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today announced that on April 4, 2018, it wil... See more »

CarMax Videos

April 4, 2019CarMax Youtube Channel

"Used Toyota Highlander Review" on YOUTUBE

November 9, 2018CarMax Youtube Channel

"CarMax Common Ground" on YOUTUBE

September 7, 2018CarMax Youtube Channel

"CarMax People 60" on YOUTUBE

September 7, 2018CarMax Youtube Channel

"CarMax People 30" on YOUTUBE

September 7, 2018CarMax Youtube Channel

"Road To 25: Flow" on YOUTUBE

Social Statistics

Headquarters

12800 Tuckahoe Creek Pkwy

Richmond, Virginia23238

1-800-519-1511

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

CarMax is an automotive retailer that offers a range of makes and models of used vehicles in the United States. CarMax was founded in 1993. CarMax's headquarters is located in Richmond, Virginia, USA 23238. It has raised 437.2M in 1 round. The latest ...

CEO

CarMax's CEO, Bill Nash, currently has an approval rating of 100%. CarMax's primary competitors are Sonic Automotive, Penske Automotive & Openbay.

Website

carmax.com

Frequently Asked Questions about CarMax

  1. When was CarMax founded?

    CarMax was founded in 1993
  2. Who is CarMax's CEO?

    CarMax's CEO is Bill Nash
  3. How much revenue does CarMax generate?

    CarMax generates $19.6B in revenue
  4. How much funding does CarMax have?

    CarMax has historically raised $437.2M in funding
  5. Where is CarMax's headquarters?

    CarMax's headquarters is in Richmond Virginia, USA
  1. How many employees does CarMax have?

    CarMax has 25,000 employees
  2. What sector does CarMax operate in?

    CarMax is in Retail Distributors
  3. Who are CarMax's competitors?

    CarMax's top competitors are Sonic Automotive, Penske Automotive, Openbay
  4. Who has CarMax invested in?

    CarMax's has invested in companies such as RepairPal