CarMax, Inc vs Royal Bank of Canada — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while Royal Bank of Canada trades at $210.37 (market cap $289.51B). The key difference: Royal Bank of Canada is far larger — about 36.5× CarMax, Inc's market cap, and Royal Bank of Canada pays a 2.42% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | RY | |
|---|---|---|
Market Cap | $7.93B | $289.51B |
Sector | Consumer Cyclical | Financials |
52-Week High | $63.53 | $217.87 |
52-Week Low | $30.88 | $128.46 |
Enterprise Value | $26.44B | — |
Dividend Yield | — | 2.42% |
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 →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →