Carmax Statistics and Revenue Totals (2023)
Last Updated on: January 8th, 2023
Here are a few of the most interesting Carmax statistics I was able to dig up including Carmax revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Carmax Facts
- Website: Official Website
- Year Founded: 1993
- Headquarters: Richmond, VA
- Founder(s): Richard Sharp
- Current Chief Executive: William Nash
- App Download (iOS)
- App Download (Android)
CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. This disruptive thinking has helped us become the nation’s largest retailer of used cars with more than 200 stores nationwide. (source)
Carmax Statistics
Carmax Revenue Totals
Carmax annual revenue:
- FY 2021: $18.950 billion
- FY 2020: $20.320 billion
- FY 2019: $18.172 billion
- FY 2018: $17.120 billion
- FY 2017: $15.875 billion
- FY 2016: $15.149 billion
- FY 2015: $14.268 billion
- FY 2014: $12.574 billion
Carmax annual net earnings:
- FY 2021: $746.9 million
- FY 2020: $888.4 million
- FY 2019: $842.4 million
- FY 2018: $664.1 million
- FY 2017: $627 million
- FY 2016: $623.4 million
- FY 2015: $597.4 billion
- FY 2014: $492.6 billion
Additional Carmax Statistics
Number of Carmax stores:
Last updated 3/1/19
Number of cars sold through Carmax:
Last updated 9/15/18
Number of Carmax wholesale auctions:
Last updated 3/1/19
Used vehicles sold through Carmax per year:
- FY 2021: 751,862 vehicles
- FY 2019: 748,961
- FY 2018: 721,512
- FY 2017: 671,294
- FY 2016: 619,936
- FY 2015: 582,282
Wholesale vehicles sold through Carmax per year:
- FY 2021: 426,268 vehicles
- FY 2019: 447,491
- FY 2018: 408,509
- FY 2017: 391,686
- FY 2016: 394,437
- FY 2015: 376,186
Other Companies and Topics to Check Out:
Please note that some of these numbers are easier to find than others. A few of these Carmax statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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