Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CarMax's shares outstanding for the quarter that ended in May. 2026 was 142 Mil.
CarMax's quarterly shares outstanding
increased
from Feb. 2026 (142 Mil) to May. 2026 (142 Mil).
It means CarMaxissued new shares from Feb. 2026 to May. 2026 .
CarMax's annual shares outstanding
declined
from Feb. 2025 (153 Mil) to Feb. 2026 (142 Mil).
It means CarMaxbought back shares from Feb. 2025 to Feb. 2026 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
CarMax Shares Outstanding (EOP) Related Terms
CarMax Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for CarMax's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:KMX vs LAD, AN, ALTB: Shares Outstanding (EOP) Comparison
For the Auto & Truck Dealerships subindustry, CarMax's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CarMax Shares Outstanding (EOP) vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarMax's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where CarMax's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 142 Mil mean?
CarMax (MEX:KMX) has a Shares Outstanding (EOP) of 142 Mil as of May. 2026. The total shares a company has outstanding, at period-end. View historical data on CarMax and its competitors.
Is CarMax's Shares Outstanding (EOP) too high?
CarMax's current Shares Outstanding (EOP) is 142 Mil. Overall, CarMax has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CarMax's Shares Outstanding (EOP) compare to LAD and AN?
CarMax's Shares Outstanding (EOP) of 142 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Vehicles & Parts company?
A good Shares Outstanding (EOP) depends on the Vehicles & Parts industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on CarMax and its competitors. CarMax's current Shares Outstanding (EOP) is 142 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarMax stock overvalued right now?
Based on GuruFocus' analysis, CarMax (MEX:KMX) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,350.03, compared to a current price of MXN850.00 — trading 37% below its estimated fair value. The current Shares Outstanding (EOP) is 142 Mil. CarMax's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For CarMax (MEX:KMX), the current Shares Outstanding (EOP) is 142 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CarMax (MEX:KMX) Overvalued in 2026?
Based on GuruFocus' analysis, CarMax stock appears to be undervalued.
The current stock price of MXN850.00 is trading 37% below its estimated GF Value™ of MXN1,350.03.
GuruFocus considers CarMax to be Possible Value Trap.
Key valuation signals for MEX:KMX:
Shares Outstanding (EOP): 142 Mil
GF Value™: MXN1,350.03 vs. price of MXN850.00 (37% below fair value)
No single metric tells the full story. See the MEX:KMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarMax sells, finances, and services used and new cars through a chain of over about 260 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 were 80% of fiscal 2026 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2026, the company retailed and wholesaled 780,684 and 538,203 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US, but still estimates that it had only about 3.6% US market share of vehicles zero to 10 years old in calendar 2025. CarMax is based in Richmond, Virginia.
63GF Score
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