CarMax Management
Management criteria checks 4/4
CarMax's CEO is Bill Nash, appointed in Feb 2016, has a tenure of 8.83 years. total yearly compensation is $12.26M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $13.53M. The average tenure of the management team and the board of directors is 6.4 years and 8.3 years respectively.
Key information
Bill Nash
Chief executive officer
US$12.3m
Total compensation
| CEO salary percentage | 10.1% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.4yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
CarMax Delivers Despite Lower Car Prices, Lock In Gains
Dec 19Why We're Not Concerned About CarMax, Inc.'s (NYSE:KMX) Share Price
Nov 08
Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?
Oct 18CarMax: Still Overvalued Relative To Peers
Sep 27CarMax (NYSE:KMX) May Have Issues Allocating Its Capital
Sep 21CarMax: Mixed Signs Of Stabilization
Sep 05Investors Still Waiting For A Pull Back In CarMax, Inc. (NYSE:KMX)
Aug 09Is There Now An Opportunity In CarMax, Inc. (NYSE:KMX)?
Jul 19Are Investors Undervaluing CarMax, Inc. (NYSE:KMX) By 47%?
Jun 28CarMax: Continued Share Loss Should Drive De-Rating
Jun 19Why We're Not Concerned About CarMax, Inc.'s (NYSE:KMX) Share Price
Apr 30CarMax: Buy The Q4 Earnings Dip, Here's Why
Apr 11Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?
Apr 03CarMax (NYSE:KMX) May Have Issues Allocating Its Capital
Mar 12CarMax: The Anticipated Earnings Recovery Is Reflected In Valuation
Mar 06Investors Still Waiting For A Pull Back In CarMax, Inc. (NYSE:KMX)
Jan 30CarMax Q3 2024 Earnings: Still Too Cheap
Dec 22CarMax: Potential Credit Losses Make Shares Unattractive
Dec 03CarMax: We Bought Amidst The UAW Strike
Sep 27CarMax Is Substantially Overvalued And Its Fundamentals Are Deteriorating
Aug 23CarMax: I Would Not Make A Long-Term Investment
Jun 19CarMax: A Great, But Pricey, Company
Feb 24CarMax and UVeye tie-up to provide tech solutions for wholesale vehicles
Jan 24CarMax gains on activist investor speculation
Jan 17CarMax Q3 2023 Earnings Preview
Dec 21CarMax: Near-Term Headwinds Present Long-Term Opportunity
Nov 01Alphyn Capital - CarMax: An Attractive Compounder In A Cyclical Industry
Oct 26CarMax FQ2 2023 Earnings Preview
Sep 28CarMax: The Right Business Model For Any Environment
Sep 07CarMax: Tailwinds Weakening, Headwinds On The Horizon
Jun 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2024 | n/a | n/a | US$461m |
| Aug 31 2024 | n/a | n/a | US$418m |
| May 31 2024 | n/a | n/a | US$403m |
| Feb 29 2024 | US$12m | US$1m | US$479m |
| Nov 30 2023 | n/a | n/a | US$498m |
| Aug 31 2023 | n/a | n/a | US$454m |
| May 31 2023 | n/a | n/a | US$461m |
| Feb 28 2023 | US$12m | US$1m | US$485m |
| Nov 30 2022 | n/a | n/a | US$576m |
| Aug 31 2022 | n/a | n/a | US$807m |
| May 31 2022 | n/a | n/a | US$967m |
| Feb 28 2022 | US$14m | US$1m | US$1b |
| Nov 30 2021 | n/a | n/a | US$1b |
| Aug 31 2021 | n/a | n/a | US$1b |
| May 31 2021 | n/a | n/a | US$1b |
| Feb 28 2021 | US$10m | US$967k | US$747m |
| Nov 30 2020 | n/a | n/a | US$752m |
| Aug 31 2020 | n/a | n/a | US$690m |
| May 31 2020 | n/a | n/a | US$627m |
| Feb 29 2020 | US$9m | US$1m | US$888m |
| Nov 30 2019 | n/a | n/a | US$866m |
| Aug 31 2019 | n/a | n/a | US$883m |
| May 31 2019 | n/a | n/a | US$871m |
| Feb 28 2019 | US$9m | US$1m | US$842m |
| Nov 30 2018 | n/a | n/a | US$772m |
| Aug 31 2018 | n/a | n/a | US$731m |
| May 31 2018 | n/a | n/a | US$691m |
| Feb 28 2018 | US$8m | US$1m | US$664m |
Compensation vs Market: Bill's total compensation ($USD12.26M) is about average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Nash (55 yo)
8.8yrs
Tenure
US$12,257,314
Compensation
Mr. William D. Nash, also known as Bill, is Director of eBay Inc. from September 18, 2024. Mr. Nash has been the Chief Executive Officer of CarMax, Inc. since September 2016 and its President since Februar...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.8yrs | US$12.26m | 0.10% $ 13.5m | |
| Executive VP & CFO | 5.2yrs | US$2.60m | 0.013% $ 1.7m | |
| Executive VP & COO | 2.1yrs | US$2.40m | 0.010% $ 1.3m | |
| Executive VP and Chief Information & Technology Officer | 10.2yrs | US$2.39m | 0.0076% $ 983.1k | |
| Executive VP | 1.3yrs | US$2.77m | 0.015% $ 1.9m | |
| VP, Chief Accounting Officer & Controller | 8.1yrs | no data | 0.0061% $ 791.2k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | less than a year | no data | 0.00063% $ 81.7k | |
| Executive VP | 7.7yrs | US$2.21m | 0.0041% $ 535.7k | |
| Assistant Vice President of Public Affairs & Communications | no data | no data | no data | |
| Senior Vice President of CarMax Auto Finance | 10.9yrs | no data | 0.00064% $ 83.0k | |
| VP of Strategy & Chief Data Officer | 4.8yrs | no data | no data |
6.4yrs
Average Tenure
55yo
Average Age
Experienced Management: KMX's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.3yrs | US$12.26m | 0.10% $ 13.5m | |
| Non-Executive Chairman | 18.5yrs | US$494.74k | 0.14% $ 17.6m | |
| Independent Director | 17.2yrs | US$320.39k | 0.0082% $ 1.1m | |
| Independent Director | 17.2yrs | US$303.73k | 0.024% $ 3.1m | |
| Independent Director | 5.2yrs | US$296.23k | 0.010% $ 1.3m | |
| Independent Director | 6.2yrs | US$290.06k | 0.0088% $ 1.1m | |
| Lead Independent Director | 13.9yrs | US$349.39k | 0.021% $ 2.7m | |
| Independent Director | 7.7yrs | US$309.23k | 0.011% $ 1.4m | |
| Independent Director | 6.7yrs | US$333.98k | 0.013% $ 1.6m | |
| Independent Director | 6.5yrs | US$287.64k | 0.0090% $ 1.2m | |
| Independent Director | 9.7yrs | US$288.23k | 0.014% $ 1.8m |
8.3yrs
Average Tenure
61yo
Average Age
Experienced Board: KMX's board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CarMax, Inc. is covered by 45 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Craig Kennison | Baird |
| Ishan Majumdar | Baptista Research |