Deere & Company vs CarMax, Inc — how do they compare? Deere & Company trades at $618 (market cap $166.81B), while CarMax, Inc trades at $58.03 (market cap $8.26B). The key difference: Deere & Company is far larger — about 20.2× CarMax, Inc's market cap, and Deere & Company pays a 1.05% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| DE | KMX | |
|---|---|---|
Market Cap | $166.81B | $8.26B |
Sector | Industrials | Consumer Cyclical |
52-Week High | $662.49 | $62.17 |
52-Week Low | $439.11 | $30.88 |
Enterprise Value | $221.63B | $26.77B |
Dividend Yield | 1.05% | — |
Trailing returns across standard periods
Latest headlines on both assets
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 1,900 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Read more on DE →CarMax sells, finances, and services used and new cars through a chain of over 230 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 and wholesale about 13%, with the remaining portion composed of extended service plans and repair. In fiscal 2022, the company retailed and wholesaled 924,338 and 706,212 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the U.S. but still estimates that it has only about 4% U.S. market share of vehicles 0-10 years old in 2021. It seeks over 5% share by the end of calendar 2025 and revenue between $33 billion to $45 billion by fiscal 2026. CarMax is based in Richmond, Virginia.
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