Carmax (KMX) Tax Rate (2009 - 2026)

Carmax (KMX) has reported Tax Rate for 18 consecutive years, with 28.21% the latest figure, recorded in Q2 2026.

• In Q2 2026, Tax Rate rose 251.0% year-over-year to 28.21%; the TTM figure through May 2026 stood at 37.99% (up 1287.0% YoY), while the FY2026 annual figure was 35.51%, up 1029.0% from the prior year.
• Tax Rate came in at 28.21% for Q2 2026 at Carmax, up from 9.04% in the prior quarter.
• The five-year high for Tax Rate was 28.21% in Q2 2026, with the low at 9.04% in Q1 2026.
• Average Tax Rate over 5 years is 22.64%, with a median of 25.0% recorded in 2023.
• Across the five-year window, Tax Rate soared 678 bps in 2024 and tumbled 3314 bps in 2026, its largest moves.
• Year by year, Tax Rate stood at 24.83% in 2022, then gained by 4 bps to 25.83% in 2023, then decreased by 5 bps to 24.65% in 2024, then increased by 5 bps to 25.83% in 2025, then rose by 9 bps to 28.21% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 28.21%, 9.04%, and 25.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.