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Carmax shares outstanding KMX

Diluted shares outstanding, averaged over each quarter, from 2009.

Latest quarter, to Aug 31, 2026
142.4M
On a year earlier
−4.8%
fewer shares

Carmax had 142.4M diluted shares outstanding on average in Q2 FY27, the quarter to Aug 31, 2026.

That is 4.8% fewer than a year earlier, so each share owns a little more of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY2026141.9M−8%
FY2025154.7M−2%
FY2024158.2M−0%
FY2023158.5M−3%
FY2022163.9M−1%
FY2021165.6M−0%
FY2020165.8M−3%
FY2019170.5M−6%
FY2018182.2M−4%
FY2017189.1M−4%
FY2016197.4M−7%
FY2015212.9M−6%
FY2014226.7M−2%
FY2013231.1M−0%
FY2012231.3M+1%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY27142.4M−5%
Q1 FY27142.1M−7%
Q4 FY26141.9M−8%
Q3 FY26145.9M−6%
Q2 FY26149.6M−4%
Q1 FY26152.6M−3%
Q4 FY25154.7M−2%
Q3 FY25155.3M−2%
Q2 FY25156.5M−2%
Q1 FY25157.7M−1%
Q4 FY24158.2M−0%
Q3 FY24158.8M+0%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Carmax

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.