CarMax, Inc vs S&P Global Inc — how do they compare? CarMax, Inc trades at $58.03 (market cap $8.26B), while S&P Global Inc trades at $409.82 (market cap $120.48B). The key difference: S&P Global Inc is far larger — about 14.6× CarMax, Inc's market cap, and S&P Global Inc pays a 0.95% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | SPGI | |
|---|---|---|
Market Cap | $8.26B | $120.48B |
Sector | Consumer Cyclical | Financials |
52-Week High | $62.17 | $534.79 |
52-Week Low | $30.88 | $370.42 |
Enterprise Value | $26.77B | $131.97B |
Dividend Yield | — | 0.95% |
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 →S&P Global provides data and benchmarks to capital and commodity market participants. In 2021 and excluding IHS Markit, S&P Ratings was over 45% of the firm's revenue and over 55% of the firm's operating income. S&P Ratings is the largest credit rating agency in the world. The firm's other segments include Market Intelligence, Indices, and Platts. Market Intelligence provides desktop tools and other data solutions to investment banks, corporations, and other entities. Indices provides benchmarks for financial markets and is monetized through subscriptions, asset-based fees, and transaction-based royalties. Platts provides benchmarks to commodity markets, principally petroleum.
Read more on SPGI →