Carmax Statistics and Revenue Totals for 2024
Last Updated on: January 14th, 2024
Here are a few of the most interesting Carmax statistics and facts I was able to dig up including restaurant count, 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.
Critical sections of this article:
Carmax Facts
Here is pretty much everything you ever wanted to know about Carmax.
- 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, Inc. is one of the largest retailers of used cars in the United States. Headquartered in Richmond, Virginia, the company was founded in 1993 and has since become a prominent player in the automotive retail industry.
CarMax operates a unique and customer-centric business model that focuses on providing a hassle-free and transparent car buying experience. They offer a wide selection of used vehicles, including cars, trucks, and SUVs, across various makes and models. Each vehicle undergoes a thorough inspection and reconditioning process to ensure its quality and reliability.
Carmax Statistics
Carmax Employee Count
Nothing to report just yet. Please check back soon for updates.
Carmax Revenue Totals
Carmax annual revenue:
- FY 2022: $31.900 billion
- 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 2022: $1.151 billion
- 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:6 million
Last updated 9/15/18
Number of Carmax wholesale auctions:76Last 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
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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