CarMax, Inc vs ProShares UltraPro S&P500 — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while ProShares UltraPro S&P500 trades at $141.79. Which is the better fit depends on your goals.
| KMX | UPRO | |
|---|---|---|
Market Cap | $7.93B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $63.53 | $150.93 |
52-Week Low | $30.88 | $89.29 |
Enterprise Value | $26.44B | — |
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 →UPRO is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index. It is a tactical, high-conviction instrument designed for short-term traders to amplify bullish market moves, utilizing a daily reset mechanism that creates significant compounding effects and volatility risks over time.
Read more on UPRO →