Carmax (KMX) Deferred Taxes (2009 - 2026)
Carmax (KMX) posted quarterly Deferred Taxes of -$991000.0 for Q2 2026, down 135.62% year-over-year from $2.8 million in Q2 2025, and up 64.83% on a QoQ basis from -$2.8 million in Q1 2026.
Carmax (KMX) Deferred Taxes (2009 - 2026) Analysis & Trends
Carmax (KMX) has reported Deferred Taxes for 18 consecutive years, with -$991000.0 the latest figure, recorded in Q2 2026.
- In Q2 2026, Deferred Taxes fell 135.62% year-over-year to -$991000.0; the TTM figure through May 2026 stood at $70.0 million (up 470.4% YoY), while the FY2026 annual figure was $73.8 million, up 411.08% from the prior year.
- Deferred Taxes came in at -$991000.0 for Q2 2026 at Carmax, up from -$2.8 million in the prior quarter.
- The five-year high for Deferred Taxes was $39.6 million in Q3 2025, with the low at -$17.7 million in Q3 2023.
- Average Deferred Taxes over 5 years is $1.8 million, with a median of -$3.2 million recorded in 2022.
- Across the five-year window, Deferred Taxes sank 238.83% in 2022 and soared 637.28% in 2024, its largest moves.
- Year by year, Deferred Taxes stood at -$3.0 million in 2022, then slipped by 15.68% to -$3.4 million in 2023, then plunged by 137.21% to -$8.2 million in 2024, then jumped by 518.43% to $34.2 million in 2025, then tumbled by 102.9% to -$991000.0 in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$991000.0, -$2.8 million, and $34.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | -35.00 Mn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | -700,000.00 |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | -991,000.00 |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 16.20 Mn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 22.20 Mn |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 4.32 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 | -13.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -991,000.00 |
| Feb 28, 2026 | -2.82 Mn |
| Nov 30, 2025 | 34.19 Mn |
| Aug 31, 2025 | 39.64 Mn |
| May 31, 2025 | 2.78 Mn |
| Feb 28, 2025 | -3.76 Mn |
| Nov 30, 2024 | -8.17 Mn |
| Aug 31, 2024 | -9.75 Mn |
| May 31, 2024 | -2.04 Mn |
| Feb 29, 2024 | 23.49 Mn |
| Nov 30, 2023 | -3.45 Mn |
| Aug 31, 2023 | -17.72 Mn |
| May 31, 2023 | -7.13 Mn |
| Feb 28, 2023 | -4.37 Mn |
| Nov 30, 2022 | -2.98 Mn |
| Aug 31, 2022 | -10.76 Mn |
| May 31, 2022 | 11.56 Mn |
| Feb 28, 2022 | -4.56 Mn |
| Nov 30, 2021 | -12.94 Mn |
| Aug 31, 2021 | 7.75 Mn |