How many employees work at CarMax?
CarMax, Inc. (KMX) has approximately 19,354 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. CarMax's total headcount has declined 16.0% from 23,039 employees in 2023 to 19,354 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
Is CarMax hiring right now?
Yes, CarMax is actively hiring. CarMax had 2,454 active job postings in 2026, a 2.9% decline from 2025 — see job openings & hiring trends.
About CarMax's Workforce
CarMax, Inc. (KMX) is an Automotive Services company that employs 19,354 people worldwide as of March 2026. It is the 4th-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 16.0% from 2023 to 2026, down 10.9% year over year in 2026. It fell to a low of 19,354 in 2026 Q1 before recovering. Its workforce is concentrated most in the United States (98.3%), followed by India (0.2%) and Georgia (0.2%), with Canada, its fastest-growing location.
CarMax's largest functional groups are Finance and Operations (45.3%), Engineering (33.3%), and Sales and Marketing (21.4%). Median employee tenure is 5.9 years. The average salary is $69,333, ranging from a median of $52,000 in Northern America to $5,000 in Southern Asia.
CarMax's active job postings fell 2.9% in 2026 to 2,454, with new postings per month climbing from 1,151 in 2023 to 1,646 in 2026. Overall employee sentiment is neutral but declining.
Sourced from Revelio Labs workforce data.
As of March 2026
CarMax
workforce metrics
Headcount
19.4k
10.9% YoY
Avg. Salary
$69.3k
0.5% YoY
Tenure
5.9yr
0.2yr YoY
Growth Rate
-10.9%
8.1pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for CarMax. Compare to peers, export the dataset, and access the full quarterly history.
- CarMax had 19,354 employees in 2026, a 10.9% decline (-2,222) from 2025.
- CarMax had 19,909 employees in 2025, a 8.3% decline (-1,717) from 2024.
- CarMax had 21,626 employees in 2024, a 3.5% decline (-772) from 2023.
- CarMax had 22,398 employees in 2023, a 5.9% decline (-1,364) from 2022.
CarMax's total workforce has declined from 23,039 employees in 2023 to 19,354 in 2026.
CarMax, Inc. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 19,354 | -2,222 | -10.9% |
| 2025 | Q4 | 19,909 | -1,717 | -8.3% |
| 2025 | Q3 | 20,644 | -974 | -4.6% |
| 2025 | Q2 | 21,307 | -675 | -3.1% |
| 2025 | Q1 | 21,576 | -606 | -2.8% |
| 2024 | Q4 | 21,626 | -772 | -3.5% |
| 2024 | Q3 | 21,618 | -1,087 | -4.9% |
| 2024 | Q2 | 21,982 | -1,057 | -4.7% |
| 2024 | Q1 | 22,182 | -1,112 | -4.9% |
| 2023 | Q4 | 22,398 | -1,364 | -5.9% |
| 2023 | Q3 | 22,705 | -1,949 | -8.2% |
| 2023 | Q2 | 23,039 | -2,046 | -8.5% |
Want to see CarMax's complete headcount history back to 2008, including quarterly breakdowns?
The United States accounts for the largest share of CarMax's global workforce with approximately 98% of total employees, followed by India and Georgia. CarMax's headcount in Canada is growing fastest among its major locations, up 8.1% year over year in 2026.
CarMax employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| United States | 18,844 | 98.3% | -6.6% |
| India | 36 | 0.2% | +0.0% |
| Georgia | 32 | 0.2% | +0.0% |
| Canada | 31 | 0.2% | +8.1% |
| Kenya | 18 | 0.1% | +0.0% |
| Colombia | 18 | 0.1% | -12.0% |
| Mozambique | 15 | 0.1% | +0.0% |
| Nigeria | 14 | 0.1% | +0.0% |
| United Kingdom | 14 | 0.1% | +0.0% |
| Sri Lanka | 13 | 0.1% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
CarMax's largest employee groups are Finance and Operations (45.3%), Engineering (33.3%), and Sales and Marketing (21.4%).
CarMax employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 8,764 | 45.3% | -6.6% |
| Engineering | 6,449 | 33.3% | -6.4% |
| Sales and Marketing | 4,144 | 21.4% | -6.4% |
Compare CarMax's department mix to industry peers.
CarMax's average employee salary is $69,333 globally. Employees in Northern America receive the highest compensation. Pay is lowest in Southern Asia, at a median of $5,000.
CarMax median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Pacific Islands | $89,000 |
| Northern Europe | $83,000 |
| Northern America | $52,000 |
| Western Europe | $44,000 |
| South-Eastern Asia | $41,000 |
| Southern Europe | $28,000 |
| Central America and the Caribbean | $17,000 |
| Central and Western Asia | $15,000 |
| Southern America | $11,000 |
| Sub-Saharan Africa | $9,000 |
| Southern Asia | $5,000 |
Unlock salary by role, level, and city — and compare to CarMax's industry peers.
- CarMax had 2,454 active job postings in 2026, a 2.9% decline (+976) from 2025.
- CarMax had 1,478 active job postings in 2025, a 33.3% decline (-591) from 2024.
- CarMax had 2,069 active job postings in 2024, a 17.5% increase (+333) from 2023.
- CarMax had 1,736 active job postings in 2023, a 22.9% decline from 2022.
- Hiring velocity in 2026: 1,646 new roles/month, up from 1,409 in 2025 and 1,287 in 2024. New metric
CarMax's active job postings fell 2.9% in 2026 to 2,454, with new postings per month climbing from 1,151 in 2023 to 1,646 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
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
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Automotive Services Companies by Employee Count
- How fast is CarMax growing?
- In 2026, CarMax's headcount shrank 10.9% to 19,354 employees, down from 21,576 in 2025.
- Where are CarMax employees located?
- Most CarMax employees are based in the United States (98.3% of headcount), followed by India and Georgia.
- What is the average salary at CarMax?
- The average employee salary at CarMax is approximately $69.3k per year.
- How many people does CarMax hire per year?
- In 2026, CarMax opened roughly 19,752 new roles — about 1,646 per month.
- When was CarMax founded and where is it headquartered?
- CarMax was founded in 1993 and is headquartered in Richmond, Virginia.
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