CarMax, Inc vs Alliant Energy Corporation — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while Alliant Energy Corporation trades at $73.98 (market cap $19.10B). The key difference: Alliant Energy Corporation is far larger — about 2.4× CarMax, Inc's market cap, and Alliant Energy Corporation pays a 2.89% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | LNT | |
|---|---|---|
Market Cap | $7.93B | $19.10B |
Sector | Consumer Cyclical | Utilities |
52-Week High | $63.53 | $78.03 |
52-Week Low | $30.88 | $63.62 |
Enterprise Value | $26.44B | $30.83B |
Dividend Yield | — | 2.89% |
Trailing returns across standard periods
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 →Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electricity and natural gas customers and approximately 420,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
Read more on LNT →