CarMax, Inc vs Vanguard Intermediate Term Corporate Bond ETF — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while Vanguard Intermediate Term Corporate Bond ETF trades at $81.54. The key difference: CarMax, Inc is trading nearer its 52-week high, Vanguard Intermediate Term Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| KMX | VCIT | |
|---|---|---|
Market Cap | $7.93B | — |
Sector | Consumer Cyclical | Fixed Income |
52-Week High | $63.53 | $84.82 |
52-Week Low | $30.88 | $81.45 |
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 →VCIT tracks the Bloomberg U.S. 5-10 Year Corporate Bond Index, providing exposure to investment-grade debt from industrial, utility, and financial companies. It acts as a middle-ground bond fund, offering higher yields than short-term bonds with less price volatility than long-term corporate debt.
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