Carmax (KMX) Tax Rate (2009 - 2026)

Carmax's Tax Rate history runs 18 years deep, the most recent figure standing at 28.21% for 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 for Q2 2026 stood at 28.21%, 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.
• The 5-year median for Tax Rate is 25.0% (2023), against an average of 22.64%.
• The sharpest annual moves came in 2024 and 2026: Tax Rate surged 678 bps in 2024, then sank 3314 bps in 2026.
• Carmax's Tax Rate stood at 24.83% in 2022, then climbed by 4 bps to 25.83% in 2023, then dropped by 5 bps to 24.65% in 2024, then gained by 5 bps to 25.83% in 2025, then advanced by 9 bps to 28.21% in 2026.
• Business Quant data shows KMX's Tax Rate at 28.21% in Q2 2026, 9.04% in Q1 2026, and 25.83% in Q4 2025.