CarMax, Inc vs Spotify Technology — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while Spotify Technology trades at $493.4 (market cap $101.23B). The key difference: Spotify Technology is far larger — about 12.8× CarMax, Inc's market cap, and CarMax, Inc is trading nearer its 52-week high, Spotify Technology nearer its low. Which is the better fit depends on your goals.
| KMX | SPOT | |
|---|---|---|
Market Cap | $7.93B | $101.23B |
Sector | Consumer Cyclical | Media |
52-Week High | $63.53 | $738.53 |
52-Week Low | $30.88 | $412.75 |
Enterprise Value | $26.44B | $91.81B |
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 →Spotify Technology S.A. provides music streaming services. The Company offers commercial-free music and ad-supported services to subscribers. Spotify Technology serves clients worldwide.
Read more on SPOT →