Carmax (KMX) Current Taxes (2010 - 2026)
Carmax (KMX) posted quarterly Current Taxes of $54.2 million for Q2 2026, down 31.76% year-over-year from $79.4 million in Q2 2025, and up 2584.05% on a QoQ basis from $2.0 million in Q1 2026.
Carmax (KMX) Current Taxes (2010 - 2026) Analysis & Trends
Carmax (KMX) has reported Current Taxes for 17 consecutive years, with $54.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Current Taxes fell 31.76% year-over-year to $54.2 million; the TTM figure through May 2026 stood at $54.2 million (down 31.76% YoY), while the FY2026 annual figure was $2.0 million, down 97.69% from the prior year.
- Current Taxes came in at $54.2 million for Q2 2026 at Carmax, up from $2.0 million in the prior quarter.
- The five-year high for Current Taxes was $87.5 million in Q1 2025, with the low at $103000.0 in Q3 2023.
- Average Current Taxes over 5 years is $33.8 million, with a median of $24.8 million recorded in 2024.
- Across the five-year window, Current Taxes surged 32970.87% in 2024 and plunged 97.69% in 2026, its largest moves.
- Year by year, Current Taxes stood at $18.4 million in 2022, then slumped by 42.38% to $10.6 million in 2023, then jumped by 559.82% to $69.8 million in 2024, then sank by 94.16% to $4.1 million in 2025, then soared by 1228.54% to $54.2 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $54.2 million, $2.0 million, and $4.1 million for Q2 2026, Q1 2026, and Q4 2025 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 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 54.19 Mn |
| Feb 28, 2026 | 2.02 Mn |
| Nov 30, 2025 | 4.08 Mn |
| Aug 31, 2025 | 4.87 Mn |
| May 31, 2025 | 79.41 Mn |
| Feb 28, 2025 | 87.53 Mn |
| Nov 30, 2024 | 69.82 Mn |
| Aug 31, 2024 | 34.06 Mn |
| May 31, 2024 | 24.79 Mn |
| Nov 30, 2023 | 10.58 Mn |
| Aug 31, 2023 | 103,000.00 |
| May 31, 2023 | 49.19 Mn |
| May 31, 2022 | 18.37 Mn |
| Nov 30, 2021 | 518,000.00 |
| Aug 31, 2021 | 422,000.00 |
| May 31, 2021 | 96.62 Mn |
| Feb 28, 2021 | 218,000.00 |
| Nov 30, 2020 | 18.32 Mn |
| Aug 31, 2020 | 64.73 Mn |
| Feb 29, 2020 | 1.39 Mn |