KMX FY2025 SEC EDGAR DEF 14A #3 of 11 in industry

Carmax Inc CEO pay ratio

The CEO earned $18.5M in FY2025 against median worker pay of $58,023 · Auto Dealers & Gas Stations.

Auto Dealers & Gas Stations peers All rankings
State
VA
Filing date
2026-05-12
Industry
Auto Dealers & Gas Stations
Industry rank
#3/11

Data updated August 2026

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CEO-to-worker pay ratio
318:1
High (Scale: 0–1000:1)
CEO pay
$18.5M
Median worker
$58,023

Answer first

Carmax Inc's FY2025 CEO total of $18.5M ranks #194 of 1,423 complete filings; its 318:1 pay ratio ranks #179. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $58,023. Industry placement uses the FY2025 SIC-55 peer cohort (# 3 of 11, 82nd percentile - top quartile of industry peers by pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Auto Dealers & Gas Stations companies.

Dollar rank
#194
$18.5M of 1,423 FY2025
Ratio rank
#179
318:1 of 1,423
Industry pct
82nd
top quartile of industry peers by pay ratio

How Carmax Inc ranks nationally

Carmax Inc CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$18,451,314 Top 14% higher than 86% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). Below this entry. $7,500,000–$10,000,000: 192 companies (13%). Below this entry. $10,000,000–$12,500,000: 139 companies (10%). Below this entry. $12,500,000–$15,000,000: 91 companies (6%). Below this entry. $15,000,000–$17,500,000: 88 companies (6%). Below this entry. $17,500,000–$20,000,000: 54 companies (4%). This entry sits in this band. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Carmax Inc vs. Auto Dealers & Gas Stations peers

CEO total pay ($18.5M) against pay ratio (318:1) for Carmax Inc (marked) and its 5 closest same-industry peers, against the Auto Dealers & Gas Stations industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both8287203.810949232.613611261.516273290.418935319.3136.4:1194.5:1252.5:1310.5:1368.6:1CEO total payPay ratio (CEO : median worker)Carmax Inc, CEO total pay: 18451314 · Pay ratio (CEO : median worker): 318:1Carmax IncAdvance Auto Parts Inc, CEO total pay: 9126136 · Pay ratio (CEO : median worker): 358:1Advance Auto Parts IncGroup 1 Automotive Inc, CEO total pay: 11104944 · Pay ratio (CEO : median worker): 204:1Group 1 Automotive IncOPENLANE, Inc., CEO total pay: 10212388 · Pay ratio (CEO : median worker): 191:1OPENLANE, Inc.Sonic Automotive Inc, CEO total pay: 11830626 · Pay ratio (CEO : median worker): 168:1Sonic Automotive IncPenske Automotive Group, Inc., CEO total pay: 8771209 · Pay ratio (CEO : median worker): 147:1Penske Automotive Group, Inc.
Carmax Inc vs. Auto Dealers & Gas Stations peers, plotted against the industry's $10.2M median CEO total and 168:1 median pay ratio.

Ratio bands among Auto Dealers & Gas Stations peers

Exclusive CEO-to-median-worker bands across 10 complete latest-FY filings in SIC 55. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Carmax Inc's structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Carmax Inc

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
318:1
FY2025
vs prior FY
+13:1
from FY2024 305:1
CEO $ YoY
+7.9%
$18.5M latest
Filings shown
5
FY2021–2025
Carmax Inc CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $13.7M - $51,674 265:1 -
2022 $11.6M -15% $53,233 218:1 -47:1
2023 $12.3M +5.7% $53,353 230:1 +12:1
2024 $17.1M +39% $56,060 305:1 +75:1
2025 $18.5M +7.9% $58,023 318:1 +13:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1170010, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Auto Dealers & Gas Stations

This Company's Ratio
318:1
Industry Median Ratio
168:1
Industry Median CEO Pay
$10.2M
This CEO's Pay
$18.5M
Companies in Industry
11
vs. Industry Median
Above
#3 of 11 by pay ratio in this industry View all companies in Auto Dealers & Gas Stations →

Carmax Inc: HIGH · PEAK pay ratio

Carmax Inc's FY2025 ratio 318:1 ranks #3 of 11 Auto Dealers & Gas Stations filers (82nd percentile). the CEO earned 318× the median employee ($58,023) in FY2025.

Median employee $58,023 (PAR-MED); HIGH · PEAK stamps put about 318 median-wage years per CEO year.

CEO Total Pay

$18.5M

FY2025 Summary Compensation, above median

Pay Ratio

318:1

Elevated vs. peers

Carmax Inc in the higher Auto Dealers & Gas Stations third

Carmax Inc's FY2025 ratio 318:1 ranks #3 of 11 Auto Dealers & Gas Stations filers (82nd percentile). The structured pay-ratio disclosure reports the total without line-item components. Auto Dealers & Gas Stations (SIC 55) median ratio is 168:1 across 11 FY2025 filers; Carmax Inc's $18.5M CEO total is above the $10.2M industry median CEO pay.

Dollar rank #194 and ratio rank #179 split - treat 318:1 as a disclosure, not a fairness score. Open Auto Dealers & Gas Stations peers.

Key Data, FY2025

Total Compensation
$18.5M
Median Employee Pay
$58,023
Pay Ratio
318:1
Filing Date
2026-05-12

Company Info

Ticker
KMX
CIK
1170010
Industry
Auto Dealers & Gas Stations
SIC Code
5500
State
VA
View SEC filings →
SEC EDGAR DEF 14A for CIK 1170010, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Carmax Inc's FY2025 ratio 318:1 ranks #3 of 11 Auto Dealers & Gas Stations filers (82nd percentile).

Read with Carmax Inc

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps HIGH · PEAK · PAR-MED.

Ciena Corp · PEAK

ABS(ceo_total_comp) peer at $18.5M (Δ $79K heavier vs Carmax Inc); STEEP · HIGH-MED vs this page's HIGH · PEAK · PAR-MED.
GE HealthCare Technologies Inc. · PEAK

ABS(ceo_total_comp) peer at $18.5M (Δ $94K heavier vs Carmax Inc); STEEP · HIGH-MED vs this page's HIGH · PEAK · PAR-MED.
Labcorp Holdings Inc. · PEAK

ABS(ceo_total_comp) peer at $18.4M (Δ $96K lighter vs Carmax Inc); STEEP · PAR-MED vs this page's HIGH · PEAK · PAR-MED.
TE Connectivity plc · PEAK

ABS(ceo_total_comp) peer at $18.3M (Δ $126K lighter vs Carmax Inc); EXTREME · LOW-MED vs this page's HIGH · PEAK · PAR-MED.
Advance Auto Parts Inc (SIC 55 pole)

Advance Auto Parts Inc stamps HIGH · HEAVY nearest in-SIC by ABS(pay_ratio) to Carmax Inc's HIGH filing.
National dual ranks · #194/#179

Carmax Inc's FY2025 package sits #194 by CEO dollars and #179 by ratio under PEAK · HIGH.
Comp structure · PEAK

Carmax Inc's PEAK CEO total is equity-sensitive - read what grant-date fair value does and does not mean.
Data sourced from SEC EDGAR DEF 14A for Carmax Inc (CIK 1170010), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.