CarMax, Inc vs TORM plc — how do they compare? CarMax, Inc trades at $58.03 (market cap $8.26B), while TORM plc trades at $28.3 (market cap $2.93B). The key difference: CarMax, Inc is far larger — about 2.8× TORM plc's market cap, and TORM plc pays a 9.77% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | TRMD | |
|---|---|---|
Market Cap | $8.26B | $2.93B |
Sector | Consumer Cyclical | Technology |
52-Week High | $62.17 | $34.87 |
52-Week Low | $30.88 | $18.77 |
Enterprise Value | $26.77B | $3.82B |
Dividend Yield | — | 9.77% |
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 →TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
Read more on TRMD →