Karooooo (KARO) Tax Rate (2020 - 2029)
Karooooo's (KARO) quarterly Tax Rate came in at 25.59% in Q1 2029, up 523.0% on a YoY basis from 4.11% in Q1 2028, and up 16.97% quarter-over-quarter from 30.82% in Q1 2028.
Analysis
Karooooo (KARO) Tax Rate (2020 - 2029) Analysis & Trends
Karooooo (KARO) has reported Tax Rate for 9 consecutive years, with 25.59% the latest figure, recorded in Q1 2029.
- For the quarter ending Q1 2029, Tax Rate rose 523.0% year-over-year to 25.59%; the trailing twelve-month figure through Feb 2029 stood at 27.27% (down 32.0% YoY), and the FY2029 full-year result was 25.63%, up 360.0% from the prior year.
- Tax Rate improved to 25.59% in Q1 2029 per KARO's latest filing, from 30.82% in the prior quarter.
- Across five years, Tax Rate topped out at 22.53% in Q2 2025 and bottomed at 30.82% in Q1 2028.
- Historically, Tax Rate has averaged 25.88% across 4 years, with a median of 24.93% in 2025.
- The sharpest annual moves came in 2026 and 2029: Tax Rate sank 589 bps in 2026, then surged 523 bps in 2029.
- Over 4 years, Tax Rate stood at 24.26% in 2025, then gained by 2 bps to 23.87% in 2026, then retreated by 29 bps to 30.82% in 2028, then climbed by 17 bps to 25.59% in 2029.
- According to Business Quant data, Tax Rate over the past three periods registered 25.59%, 30.82%, and 23.87% for Q1 2029, Q1 2028, and Q2 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 9.03% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 25.09% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | - |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 34.06% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -1.03% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | -25.59% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | -20.47% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -14.10% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | -19.94% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 21.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2029 | -25.59% |
| Feb 29, 2028 | -30.82% |
| May 31, 2026 | -23.87% |
| Feb 28, 2026 | -29.75% |
| Nov 30, 2025 | -24.26% |
| Aug 31, 2025 | -26.36% |
| May 31, 2025 | -22.53% |
| Feb 28, 2025 | -23.86% |
| Nov 30, 2024 | -24.21% |
| Aug 31, 2024 | -25.24% |
| May 31, 2024 | -26.22% |
| Feb 29, 2024 | -28.56% |
| Nov 30, 2023 | -28.47% |
| Aug 31, 2023 | -29.70% |
| May 31, 2023 | -30.52% |
| Feb 28, 2023 | -38.19% |
| Nov 30, 2022 | -31.65% |
| Aug 31, 2022 | -29.23% |
| May 6, 2022 | -31.11% |
| Feb 28, 2022 | -33.71% |