How many employees work at CarMax?
CarMax, Inc. (KMX) has approximately 27,766 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. CarMax’s total headcount has declined 12.4% from 31,693 employees in 2023 to 27,766 in 2026.
Is CarMax hiring right now?
Yes, CarMax is actively hiring. CarMax had 2,452 active job postings in 2026, a 0.3% increase from 2025 — see job openings & hiring trends.
About CarMax’s Workforce
CarMax, Inc. (KMX) is an Automotive Services company that employs 27,766 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 12.4% from 2023 to 2026, down 3.6% year over year in 2026. It fell to a low of 27,766 in 2026 Q1 before recovering. Its workforce is concentrated most in North America (98.1%), followed by South Asia (0.4%) and South America (0.3%).
CarMax's functional groups are Finance and Operations (45.3%), Engineering (33.3%), and Sales and Marketing (21.4%). The average salary is $69,412, ranging from a median of $52,000 in North America to $5,000 in South Asia, up 0.7% 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
- 27,766
- YoY
- -3.6% (-2,232)
As of March 2026
CarMax workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for CarMax. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsCarMax Annual Employee Count (2023-2026)
- CarMax had 27,766 employees in 2026, a 3.6% decline (-2,232) from 2025.
- CarMax had 28,289 employees in 2025, a 2.7% decline (-1,724) from 2024.
- CarMax had 30,013 employees in 2024, a 1.2% decline (-923) from 2023.
- CarMax had 30,936 employees in 2023, a 1.7% decline (-1,724) from 2022.
CarMax's total workforce has declined from 31,693 employees in 2023 to 27,766 in 2026.
CarMax, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 27,766 | -2,232 | -3.6% |
| 2025 | Q4 | 28,289 | -1,724 | -2.7% |
| 2025 | Q3 | 29,000 | -947 | -1.4% |
| 2025 | Q2 | 29,675 | -734 | -1.1% |
| 2025 | Q1 | 29,998 | -648 | -1.0% |
| 2024 | Q4 | 30,013 | -923 | -1.2% |
| 2024 | Q3 | 29,947 | -1,342 | -1.5% |
| 2024 | Q2 | 30,409 | -1,284 | -1.5% |
| 2024 | Q1 | 30,646 | -1,355 | -1.5% |
| 2023 | Q4 | 30,936 | -1,724 | -1.7% |
| 2023 | Q3 | 31,289 | -2,477 | -2.1% |
| 2023 | Q2 | 31,693 | -2,646 | -2.0% |
See CarMax's complete headcount history, including quarterly breakdowns.
Get the DataCarMax 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
| Region | Employees | % of Total |
|---|---|---|
| North America | 26,896 | 98.1% |
| South Asia | 117 | 0.4% |
| South America | 86 | 0.3% |
| Sub-Saharan Africa | 76 | 0.3% |
| Central and Western Asia | 53 | 0.2% |
| Central America and the Caribbean | 39 | 0.1% |
| Southeast Asia | 36 | 0.1% |
| Northern Europe | 32 | 0.1% |
| Western Europe | 18 | 0.1% |
| North Africa | 13 | 0.0% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataCarMax Employee Count by Department (2026)
CarMax's employee groups are Finance and Operations (45.3%), Engineering (33.3%), and Sales and Marketing (21.4%).
CarMax employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 12,526 | 45.3% |
| Engineering | 9,225 | 33.3% |
| Sales and Marketing | 5,928 | 21.4% |
Compare CarMax's department mix to industry peers.
See Full DataCarMax Employee Salary by Region (2026)
CarMax's average employee salary is $69,412 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)
| Region | Median Salary |
|---|---|
| Pacific Islands | $89,000 |
| Northern Europe | $75,000 |
| North America | $52,000 |
| Western Europe | $44,000 |
| Southern Europe | $28,000 |
| Central and Western Asia | $15,000 |
| South America | $12,000 |
| Central America and the Caribbean | $10,000 |
| Sub-Saharan Africa | $9,000 |
| Southeast Asia | $6,000 |
| South Asia | $5,000 |
Unlock salary by role, level, and city — and compare to CarMax's industry peers.
Unlock Salary DataCarMax Job Openings and Hiring Trends (2023-2026)
- CarMax had 2,452 active job postings in 2026, a 0.3% increase (+995) from 2025.
- CarMax had 1,457 active job postings in 2025, a 32.9% decline (-573) from 2024.
- CarMax had 2,030 active job postings in 2024, a 15.6% increase (+294) from 2023.
- CarMax had 1,736 active job postings in 2023, a 22.9% decline from 2022.
- Hiring velocity in 2026: 1,592 new roles/month, up from 1,332 in 2025 and 1,252 in 2024.
CarMax's hiring activity held steady in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataCarMax 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
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About CarMax
- How fast is CarMax growing?
- In 2026, CarMax's headcount shrank 3.6% to 27,766 employees, down from 29,998 in 2025.
- See the full headcount history
- Where are CarMax employees located?
- Most CarMax employees are based in North America (98.1% 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 $69.4k per year.
- Analyze the salary distribution
- How many new job postings does CarMax open per year?
- In Q1 2026, CarMax opened 4,775 new job postings. In 2025, CarMax opened 15,979 new job postings — about 1,332 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.
- Compare CarMax to industry peers
Speak with a workforce expert about CarMax.
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