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 :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
CarMax is average among 70 companies in the retail - consumer discretionary industry.