CarMax, Inc vs Nasdaq Inc — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while Nasdaq Inc trades at $90.25 (market cap $51.96B). The key difference: Nasdaq Inc is far larger — about 6.6× CarMax, Inc's market cap, and Nasdaq Inc pays a 1.22% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | NDAQ | |
|---|---|---|
Market Cap | $7.93B | $51.96B |
Sector | Consumer Cyclical | Financials |
52-Week High | $63.53 | $100.98 |
52-Week Low | $30.88 | $76.85 |
Enterprise Value | $26.44B | $59.02B |
Dividend Yield | — | 1.22% |
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 →Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.
Read more on NDAQ →