CarMax, Inc vs Nucor Corporation — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while Nucor Corporation trades at $230.8 (market cap $52.55B). The key difference: Nucor Corporation is far larger — about 6.6× CarMax, Inc's market cap, and Nucor Corporation pays a 0.97% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | NUE | |
|---|---|---|
Market Cap | $7.93B | $52.55B |
Sector | Consumer Cyclical | Basic Materials |
52-Week High | $63.53 | $266.35 |
52-Week Low | $30.88 | $131.78 |
Enterprise Value | $26.44B | $57.19B |
Dividend Yield | — | 0.97% |
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 →Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue.
Read more on NUE →