Carmax Inc

Specialty Retailers

Company Summary

CarMax, Inc. is a leading retail company in the United States that specializes in selling, financing, and servicing both new and used cars. With around 250 retail stores, CarMax has a low-risk ESG score of 11.1. The company was established in 1993 as a division of Circuit City before becoming an independent entity in 2002. CarMax is well-known for its used vehicle sales, which make up a significant portion of its revenue. In fiscal 2024, they sold over 765,000 used vehicles and wholesaled more than 546,000. Despite being the largest used-vehicle retailer in the US, CarMax only holds about 3.7% market share of vehicles 0-10 years old. However, the company aims to increase its market share to over 5% in the coming years. Headquartered in Richmond, Virginia, CarMax is dedicated to sustainability and good governance practices.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

12.1
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Retailing26 out of 516
Universe
Global Universe610 out of 16215

Overall ESG Rating :

56
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E49S46G72

Overall ESG Rating :

A
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

CarMax is average among 70 companies in the retail - consumer discretionary industry.

Temperature Rise :

2.2℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned