New York Stock Exchange: KMX

How many employees work at CarMax?

CarMax, Inc. (KMX) has approximately 28,238 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. CarMax’s total headcount has declined 13.8% from 32,753 employees in 2023 to 28,238 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is CarMax hiring right now?

Yes, CarMax is actively hiring. CarMax had 2,518 active job postings in 2026, a 0.2% decline from 2025 — see job openings & hiring trends.

About CarMax’s Workforce

CarMax, Inc. (KMX) is an Automotive Services company that employs 28,238 people worldwide as of March 2026. It is the 3rd-largest by headcount among its peers. Founded in 1993, the company is headquartered in Richmond, Virginia and trades on the New York Stock Exchange.

CarMax's workforce has declined 13.8% from 2023 to 2026, down 4.0% year over year in 2026. It fell to a low of 28,238 in 2026 Q1 before recovering. Its workforce is concentrated most in North America (98.4%), followed by South Asia (0.4%) and South America (0.3%).

CarMax's functional groups are Finance and Operations (45.5%), Engineering (33.3%), and Sales and Marketing (21.2%). The average salary is $68,830, ranging from a median of $51,000 in North America to $5,000 in South Asia, up 0.9% year over year in 2026.

CarMax's hiring activity held steady in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

Ticker
New York Stock Exchange: KMX
Headquarters
Richmond, Virginia
Founded
1993
Industry
Automotive Services
Employees
28,238
YoY
-4.0% (-2,551)

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CarMax Annual Employee Count (2023-2026)

Interactive chart of CarMax annual worldwide employee count from 2023 to 2026.
  • CarMax had 28,238 employees in 2026, a 4.0% decline (-2,551) from 2025.
  • CarMax had 28,785 employees in 2025, a 3.1% decline (-2,031) from 2024.
  • CarMax had 30,816 employees in 2024, a 1.3% decline (-1,071) from 2023.
  • CarMax had 31,887 employees in 2023, a 1.9% decline (-2,002) from 2022.

CarMax's total workforce has declined from 32,753 employees in 2023 to 28,238 in 2026.

CarMax, Inc. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q128,238-2,551-4.0%
2025Q428,785-2,031-3.1%
2025Q329,610-1,123-1.7%
2025Q230,403-857-1.4%
2025Q130,789-760-1.2%
2024Q430,816-1,071-1.3%
2024Q330,733-1,544-1.6%
2024Q231,260-1,493-1.5%
2024Q131,549-1,584-1.6%
2023Q431,887-2,002-1.9%
2023Q332,277-2,884-2.4%
2023Q232,753-3,065-2.3%

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CarMax Employee Count by Region (2026)

North America accounts for the largest share of CarMax's global workforce with approximately 98% of total employees, followed by South Asia and South America.

CarMax employees by region

RegionEmployees% of Total
North America27,42798.4%
South Asia1050.4%
South America710.3%
Central and Western Asia650.2%
East Asia540.2%
Sub-Saharan Africa500.2%
Northern Europe270.1%
Western Europe220.1%
Central America and the Caribbean190.1%
Southeast Asia180.1%

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CarMax Employee Count by Department (2026)

CarMax's employee groups are Finance and Operations (45.5%), Engineering (33.3%), and Sales and Marketing (21.2%).

CarMax employees by department

DepartmentEmployees% of Total
Finance and Operations12,81745.5%
Engineering9,38433.3%
Sales and Marketing5,98921.2%

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CarMax Employee Salary by Region (2026)

CarMax's average employee salary is $68,830 globally. Employees in North America receive the highest compensation. Pay is lowest in South Asia, at a median of $5,000.

CarMax median employee salary by region (USD)

RegionMedian Salary
North America$51,000
Northern Europe$46,000
Western Europe$44,000
Southeast Asia$23,000
East Asia$22,000
Central and Western Asia$15,000
Sub-Saharan Africa$10,000
South America$8,000
Central America and the Caribbean$5,000
South Asia$5,000

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CarMax Job Openings and Hiring Trends (2023-2026)

Interactive chart of CarMax annual active job postings from 2023 to 2026.
  • CarMax had 2,518 active job postings in 2026, a 0.2% decline (+1,043) from 2025.
  • CarMax had 1,475 active job postings in 2025, a 33.4% decline (-592) from 2024.
  • CarMax had 2,067 active job postings in 2024, a 17.4% increase (+331) from 2023.
  • CarMax had 1,736 active job postings in 2023, a 22.9% decline from 2022.
  • Hiring velocity in 2026: 1,670 new roles/month, up from 1,409 in 2025 and 1,288 in 2024.

CarMax's hiring activity held steady in 2026.

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CarMax Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across CarMax's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About CarMax

How fast is CarMax growing?
In 2026, CarMax's headcount shrank 4.0% to 28,238 employees, down from 30,789 in 2025.
See the full headcount history
Where are CarMax employees located?
Most CarMax employees are based in North America (98.4% of headcount), followed by South Asia and South America.
Explore where the workforce is based
What is the average salary at CarMax?
The average employee salary at CarMax is approximately $68.8k per year.
Analyze the salary distribution
How many new job postings does CarMax open per year?
In Q1 2026, CarMax opened 5,011 new job postings. In 2025, CarMax opened 16,905 new job postings — about 1,409 per month.
Track hiring trends by role
When was CarMax founded and where is it headquartered?
CarMax was founded in 1993 and is headquartered in Richmond, Virginia.
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