CarMax, Inc.
KMX
Rank in Stocks
#2598
CarMax, Inc., together with its associated entities, functions as a prominent... 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 vehicles—typically around ten years old with over 100,000 miles—via 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.
Share Price
$51.85
Market Cap
$7.36B
Change (1 day)
0.56%
Change (1 year)
20.50%
Country
US
Trade CarMax, Inc. (KMX)
Category
Consumer Cyclical
P/E ratio for CarMax, Inc. (KMX)
P/E ratio as of October 2026 TTM: 23.39
According to CarMax, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.39. At the end of 2024 the company had a P/E ratio of 26.08.
P/E ratio history for CarMax, Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 23.39 | -9.15% |
| 2025 | 25.75 | -1.29% |
| 2024 | 26.08 | 15.33% |
| 2023 | 22.62 | 46.64% |
| 2022 | 15.42 | -41.85% |
| 2021 | 26.52 | 63.72% |
| 2020 | 16.20 | 25.96% |
| 2019 | 12.86 | -24.48% |
| 2018 | 17.03 | -13.08% |
| 2017 | 19.59 | 29.90% |
| 2016 | 15.08 | -37.73% |
| 2015 | 24.22 | 10.19% |
| 2014 | 21.98 | 8.97% |
| 2013 | 20.17 | 20.21% |
| 2012 | 16.78 | -19.12% |
| 2011 | 20.75 | 24.01% |
| 2010 | 16.73 | -62.76% |
| 2009 | 44.93 | 106.19% |
| 2008 | 21.79 | -22.69% |
| 2007 | 28.19 | 26.94% |
| 2006 | 22.21 | -26.97% |
| 2005 | 30.41 | -3.31% |
| 2004 | 31.45 | 92.35% |
| 2003 | 16.35 | -45.59% |
| 2002 | 30.05 | 940.70% |
| 2001 | 2.89 | -91.65% |
| 2000 | 34.56 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 14.34 | -38.69% |
US
|
|
| 20.96 | -10.40% |
BE
|
|
| - | - |
US
|
|
| 13.43 | -42.61% |
TW
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.