Carmax Inc
NYSE:KMX
Net Margin
Carmax Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Carmax Inc
NYSE:KMX
|
9.6B USD |
2%
|
|
| US |
|
O'Reilly Automotive Inc
NASDAQ:ORLY
|
81.9B USD |
14%
|
|
| US |
|
Carvana Co
NYSE:CVNA
|
72.9B USD |
3%
|
|
| US |
|
Autozone Inc
NYSE:AZO
|
63.2B USD |
14%
|
|
| ZA |
M
|
Motus Holdings Ltd
JSE:MTH
|
16.1B Zac |
2%
|
|
| US |
|
Penske Automotive Group Inc
NYSE:PAG
|
11.4B USD |
3%
|
|
| TW |
|
Hotai Motor Co Ltd
TWSE:2207
|
304.2B TWD |
8%
|
|
| US |
|
Murphy Usa Inc
NYSE:MUSA
|
8.6B USD |
2%
|
|
| US |
|
Lithia Motors Inc
NYSE:LAD
|
8.2B USD |
2%
|
|
| US |
|
AutoNation Inc
NYSE:AN
|
7.9B USD |
3%
|
|
| DE |
|
AUTO1 Group SE
XETRA:AG1
|
5.3B EUR |
1%
|
Carmax Inc
Glance View
CarMax Inc. found its genesis in the concept of revolutionizing the used car market, which had long been plagued by a reputation for questionable practices and lack of transparency. Established in 1993 by Circuit City executives, CarMax quickly emerged as a disruptive force by instilling trust and simplicity into the automotive retail environment. The company shed light on vehicle histories and pricing structures that were previously cloaked in opacity, thus offering buyers a reliable alternative in a fragmented market. By implementing a chain of superstores, CarMax provided an extensive inventory where customers could browse, test, and purchase vehicles in one streamlined experience. This customer-centric model set CarMax apart from traditional dealerships, driving rapid expansion and solidifying its foothold as a dominant player in the used-car landscape. Operationally, CarMax generates its revenue through a combination of direct car sales and associated financing services. The primary income stream flows from buying cars at auction or from individual sellers, then refurbishing them for resale at attractive prices. CarMax’s no-haggle, fixed-price strategy not only simplifies the buying process but also cultivates trust with customers, enticing high-volume sales. Furthermore, CarMax capitalizes on its captive finance arm, CarMax Auto Finance, which offers a range of financing solutions that generate interest income and diversify revenue streams. Additionally, by selling vehicles that do not meet their retail standards at wholesale auctions, CarMax efficiently manages inventory and mitigates potential losses. The synergy between its innovative retail approach and complementary financial services continues to fuel the company's growth and profitability in the ever-evolving automotive market.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Carmax Inc's most recent financial statements, the company has Net Margin of 2.1%.
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