
CARMAX INC
KMXNYSETrading Snapshot
- Day Range
- $57.43 β $58.54
- 52-Week Range
- $30.26 β $62.56
- Volume
- $2.01B
- Avg Volume
- $1.80B
- Shares Outstanding
- 141.9M
- Next Earnings
- Oct 20, 2026
Fundamentals Snapshot
- Annual Revenue
- $25.88B
- Last Q Revenue
- $8.01B
- P/E Ratio
- 37.8
- P/S Ratio
- 0.3x
- EPS (TTM)
- $1.52
- Dividend Yield
- β
Why Investors Own KMX
- βHigh-growth profile β revenue up +7.8% YoY with expanding US Equity exposure.
- βHealthy economics β 79% gross margin and 13% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About CARMAX INC
CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehiclesβtypically around ten years old with over 100,000 milesβvia wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.
Otter Score Breakdown
βAnalyst Ratings
βLatest News & Updates
JP Morgan Upgrades CarMax (KMX)

This CarMax Analyst Is No Longer Bearish; Here Are Top 4 Upgrades For Wednesday
Analysts upgraded KMX, CAKE, LINE, and WFRD, with price targets raised. Check out their ratings page and see what other analysts think of KMX.
JP Morgan Upgrades CarMax to Neutral, Raises Price Target to $60
JP Morgan analyst Rajat Gupta upgrades CarMax (NYSE:KMX) from Underweight to Neutral and raises the price target from $38 to $60.
Barclays Upgrades CarMax (KMX)
Barclays Upgrades CarMax to Equal-Weight, Raises Price Target to $61
Barclays analyst John Babcock upgrades CarMax (NYSE:KMX) from Underweight to Equal-Weight and raises the price target from $37 to $61.

CarMax: Business Is Improving, But Not Good Enough (Rating Upgrade)
CarMax (KMX) upgraded to Hold as demand stabilizes, but retail margins and ad spend pressure profits.