Illinois Tool Works Inc. vs CarMax, Inc — how do they compare? Illinois Tool Works Inc. trades at $293.7 (market cap $83.49B), while CarMax, Inc trades at $58.03 (market cap $8.26B). The key difference: Illinois Tool Works Inc. is far larger — about 10.1× CarMax, Inc's market cap, and Illinois Tool Works Inc. pays a 2.35% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| ITW | KMX | |
|---|---|---|
Market Cap | $83.49B | $8.26B |
Sector | Industrials | Consumer Cyclical |
52-Week High | $299.60 | $62.17 |
52-Week Low | $241.07 | $30.88 |
Enterprise Value | $92.34B | $26.77B |
Dividend Yield | 2.35% | — |
Trailing returns across standard periods
Latest headlines on both assets
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Read more on ITW →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.
Read more on KMX →