CarMax, Inc.
Industry Group: Retailing
Country/Region: United States of America
Identifier: NYS:KMX
CarMax sells, finances, and services used and new cars through a chain of around 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue (79% in fiscal 2024 due to the chip shortage) and wholesale about 13% (19% in fiscal 2024), with the remaining portion composed of extended service plans and repair. In fiscal 2024, the company retailed and wholesaled 765,572, and 546,331 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in 2023. It seeks over 5% share a few years from now. CarMax is based in Richmond, Virginia.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Retailing 29 out of 471
Universe
Global Universe 506 out of 15104
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| AutoZone, Inc. |
11
Low
|
24 out of 471 |
| CarMax, Inc. |
11.1
Low
|
29 out of 471 |
| Penske Automotive Group, Inc. |
12.6
Low
|
50 out of 471 |
| Hotai Motor Co., Ltd. |
12.8
Low
|
57 out of 471 |
| Carvana Co. |
16.1
Low
|
157 out of 471 |
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Top Material ESG Issues for CarMax, Inc.
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Controversy Rating
Highest Controversy level that has impacted CarMax, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
