Here are a few of the most interesting Carmax statistics and facts I was able to dig up. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

Please note that some of these numbers are easier to find than others. A few of these Carmax stats 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%

Carmax Facts

• Carmax Website: www.carmax.com
• Year Carmax was Founded: 1993
• Carmax Founder: Richard Sharp
• Carmax Headquarters: Richmond, VA
• Carmax CEO: William Nash

Carmax Statistics

Number of Carmax stores:

203 stores

Last updated 3/1/19

Number of cars sold through Carmax:

6 million

Last updated 9/15/18

Number of Carmax wholesale auctions:

76

Last updated 3/1/19

Used vehicles sold through Carmax per year:

• 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 2019: 447,491
• FY 2018: 408,509
• FY 2017: 391,686
• FY 2016: 394,437
• FY 2015: 376,186

Carmax revenue (annual):

• 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 net earnings (annual):

• 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