CarMax, Inc vs Invesco Solar ETF — how do they compare? CarMax, Inc trades at $58.03 (market cap $8.26B), while Invesco Solar ETF trades at $53.27. The key difference: CarMax, Inc is trading nearer its 52-week high, Invesco Solar ETF nearer its low. Which is the better fit depends on your goals.
| KMX | TAN | |
|---|---|---|
Market Cap | $8.26B | — |
Sector | Consumer Cyclical | Sector/Thematic |
52-Week High | $62.17 | $73.95 |
52-Week Low | $30.88 | $36.62 |
Enterprise Value | $26.77B | — |
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 →TAN is a thematic ETF that tracks the MAC Global Solar Energy Index. It provides targeted exposure to the global solar industry, including manufacturers of solar panels, installers, and component suppliers like Enphase and First Solar.
Read more on TAN →