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
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2026 | 141.9M | −8% |
| FY2025 | 154.7M | −2% |
| FY2024 | 158.2M | −0% |
| FY2023 | 158.5M | −3% |
| FY2022 | 163.9M | −1% |
| FY2021 | 165.6M | −0% |
| FY2020 | 165.8M | −3% |
| FY2019 | 170.5M | −6% |
| FY2018 | 182.2M | −4% |
| FY2017 | 189.1M | −4% |
| FY2016 | 197.4M | −7% |
| FY2015 | 212.9M | −6% |
| FY2014 | 226.7M | −2% |
| FY2013 | 231.1M | −0% |
| FY2012 | 231.3M | +1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY27 | 142.4M | −5% | |
| Q1 FY27 | 142.1M | −7% | |
| Q4 FY26 | 141.9M | −8% | |
| Q3 FY26 | 145.9M | −6% | |
| Q2 FY26 | 149.6M | −4% | |
| Q1 FY26 | 152.6M | −3% | |
| Q4 FY25 | 154.7M | −2% | |
| Q3 FY25 | 155.3M | −2% | |
| Q2 FY25 | 156.5M | −2% | |
| Q1 FY25 | 157.7M | −1% | |
| Q4 FY24 | 158.2M | −0% | |
| Q3 FY24 | 158.8M | +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.