CarGurus (CARG) Current Taxes (2017 - 2024)

CarGurus (CARG) posted quarterly Current Taxes of $8.9 million for Q1 2024, down 45.73% year-over-year from $16.5 million in Q2 2023, and up 716.62% on a QoQ basis from $1.1 million in Q4 2023.

CarGurus (CARG) Current Taxes (2017 - 2024) Analysis & Trends

CarGurus (CARG) has reported Current Taxes for 6 consecutive years, with $8.9 million the latest figure, recorded in Q1 2024.

  • In Q1 2024, Current Taxes fell 45.73% year-over-year to $8.9 million; the TTM figure through Mar 2024 stood at $8.9 million (down 45.73% YoY), while the FY2023 annual figure was $1.1 million, down 46.92% from the prior year.
  • Current Taxes came in at $8.9 million for Q1 2024 at CarGurus, up from $1.1 million in the prior quarter.
  • The five-year high for Current Taxes was $25.9 million in Q1 2022, with the low at $233000.0 in Q4 2020.
  • Average Current Taxes over 5 years is $8.3 million, with a median of $6.6 million recorded in 2023.
  • Across the five-year window, Current Taxes soared 2622.75% in 2021 and tumbled 67.48% in 2022, its largest moves.
  • Year by year, Current Taxes stood at $233000.0 in 2020, then jumped by 2622.75% to $6.3 million in 2021, then sank by 67.48% to $2.1 million in 2022, then tumbled by 46.92% to $1.1 million in 2023, then jumped by 716.62% to $8.9 million in 2024.
  • According to Business Quant data, Current Taxes over the past three periods registered $8.9 million, $1.1 million, and $6.6 million for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn -
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn -
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 54.19 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn -
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn -
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn -
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn -
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn -
10 CarGurus 2.67 Mn -69.38 Mn 224.62 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 8.94 Mn
Dec 31, 2023 1.10 Mn
Sep 30, 2023 6.62 Mn
Mar 31, 2023 16.48 Mn
Dec 31, 2022 2.06 Mn
Sep 30, 2022 9.43 Mn
Mar 31, 2022 25.89 Mn
Dec 31, 2021 6.34 Mn
Jun 30, 2021 7.83 Mn
Mar 31, 2021 6.25 Mn
Dec 31, 2020 233,000.00
Sep 30, 2017 156,000.00