CarMax, Inc. is a retailer of used autos. Co. operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. Its CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. The CAF segment consists solely of its own finance operation that provides financing to customers buying retail vehicles from the Co.. We show 61 historical shares outstanding datapoints in our KMX shares outstanding history coverage, used to compute KMX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KMX market cap history over the course of time is important for investors
interested in comparing KMX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of KMX versus a peer is one thing; comparing
KMX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like KMX can fluctuate over the course of history.
With this page we aim to empower investors researching KMX by allowing them to research the KMX market cap history. |
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Video: The Importance of Market Cap
