CarMax Management
Management criteria checks 3/4
CarMax's CEO is Bill Nash, appointed in Feb 2016, has a tenure of 9.33 years. total yearly compensation is $17.12M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $11.18M. The average tenure of the management team and the board of directors is 7.9 years and 8.8 years respectively.
Key information
Bill Nash
Chief executive officer
US$17.1m
Total compensation
| CEO salary percentage | 7.22% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 7.9yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
Why CarMax, Inc. (NYSE:KMX) Could Be Worth Watching
May 25
CarMax Has A Lot More To Prove
May 08There Are Reasons To Feel Uneasy About CarMax's (NYSE:KMX) Returns On Capital
May 04CarMax: Tariff Benefits Appear Priced In
Mar 28With CarMax, Inc. (NYSE:KMX) It Looks Like You'll Get What You Pay For
Feb 24Is Now The Time To Look At Buying CarMax, Inc. (NYSE:KMX)?
Feb 03CarMax: Near-Term Growth Outlook Is Not Great
Jan 22CarMax (NYSE:KMX) Will Want To Turn Around Its Return Trends
Jan 13CarMax Delivers Despite Lower Car Prices, Lock In Gains
Dec 19Why We're Not Concerned About CarMax, Inc.'s (NYSE:KMX) Share Price
Nov 08Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?
Oct 18
Revamping Retail Experience And Finance Innovation Fuels Company's Growth Path
The new order processing system and omnichannel retail strategy emphasize operational efficiency and digital sales growth, aiming for increased margins and sales.CarMax: 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 19CarMax: Buy The Q4 Earnings Dip, Here's Why
Apr 11CarMax: The Anticipated Earnings Recovery Is Reflected In Valuation
Mar 06CarMax 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 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 28 2025 | US$17m | US$1m | US$501m |
| 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$842m |
Compensation vs Market: Bill's total compensation ($USD17.12M) is about average for companies of similar size in the US market ($USD14.14M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
CEO
Bill Nash (56 yo)
Mr. William D. Nash, CPA, 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 Fe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.3yrs | US$17.12m | 0.11% $ 11.2m | |
| Executive VP & CFO | 5.7yrs | US$4.07m | 0.016% $ 1.5m | |
| Executive VP & COO | 2.6yrs | US$3.87m | 0.013% $ 1.3m | |
| Executive VP and Chief Information & Technology Officer | 10.7yrs | US$3.50m | 0.010% $ 1.0m | |
| VP, Chief Accounting Officer & Controller | 8.6yrs | no data | 0.0067% $ 658.9k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 1.4yrs | no data | 0.0012% $ 117.8k | |
| Assistant Vice President of Public Affairs & Communications | no data | no data | no data | |
| Executive VP | 8.2yrs | US$2.21m | 0.0069% $ 681.5k | |
| Executive VP of CarMax Auto Finance | 11.4yrs | no data | 0.0028% $ 278.9k | |
| Senior Vice President of Store & CEC Execution | 7.6yrs | no data | 0.0073% $ 718.8k | |
| VP & Chief Information Security Officer | 7.3yrs | no data | no data |
Experienced Management: KMX's management team is seasoned and experienced (7.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.8yrs | US$17.12m | 0.11% $ 11.2m | |
| Non-Executive Chairman | 19yrs | US$494.07k | 0.13% $ 12.6m | |
| Independent Director | 17.7yrs | US$316.18k | 0.0066% $ 648.1k | |
| Independent Director | 17.7yrs | US$305.25k | 0.021% $ 2.1m | |
| Independent Director | 5.7yrs | US$307.00k | 0.010% $ 1.0m | |
| Independent Director | 6.7yrs | US$294.00k | 0% $ 0 | |
| Lead Independent Director | 14.4yrs | US$348.86k | 0.022% $ 2.2m | |
| Independent Director | 8.2yrs | US$314.00k | 0.0016% $ 155.1k | |
| Independent Director | 7.2yrs | US$333.25k | 0.0033% $ 322.1k | |
| Independent Director | 7yrs | US$286.00k | 0.0014% $ 142.4k | |
| Independent Director | 10.2yrs | US$288.25k | 0.0061% $ 601.9k |
Experienced Board: KMX's board of directors are considered experienced (8.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/02 14:16 |
| End of Day Share Price | 2025/06/02 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2025/02/28 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
CarMax, Inc. is covered by 44 analysts. 17 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 |
| Sam Yake | BGB Securities, Inc. |