CarMax, Inc vs 3M Company — how do they compare? CarMax, Inc trades at $58.03 (market cap $8.26B), while 3M Company trades at $183.06 (market cap $94.44B). The key difference: 3M Company is far larger — about 11.4× CarMax, Inc's market cap, and 3M Company pays a 1.7% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | MMM | |
|---|---|---|
Market Cap | $8.26B | $94.44B |
Sector | Consumer Cyclical | Industrials |
52-Week High | $62.17 | $183.13 |
52-Week Low | $30.88 | $141.10 |
Enterprise Value | $26.77B | $103.67B |
Dividend Yield | — | 1.7% |
Trailing returns across standard periods
Latest headlines on both assets
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 →3M Company conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company businesses share technologies, manufacturing operations, marketing channels, and other resources. 3M serves customers worldwide.
Read more on MMM →