CarMax, Inc vs Verisign, Inc. — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while Verisign, Inc. trades at $277.5 (market cap $25.26B). The key difference: Verisign, Inc. is far larger — about 3.2× CarMax, Inc's market cap, and Verisign, Inc. pays a 1.17% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | VRSN | |
|---|---|---|
Market Cap | $7.93B | $25.26B |
Sector | Consumer Cyclical | Technology |
52-Week High | $63.53 | $310.00 |
52-Week Low | $30.88 | $211.49 |
Enterprise Value | $26.44B | $26.50B |
Dividend Yield | — | 1.17% |
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 →Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical Internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route Internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.
Read more on VRSN →