Carmax (KMX) Tax Rate (2009 - 2026)
Carmax (KMX) reported Tax Rate of 25.90% for fiscal Q2 2027 (quarter ended Aug 31, 2026), up 0.95 percentage points from 24.96% a year earlier but down 2.30 percentage points from the prior quarter.
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Analysis
Carmax (KMX) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Carmax's Tax Rate came in at 35.70%, up 10.66 percentage points year-over-year; for FY2026 (ended Feb 28, 2026), it was 35.51%, up 10.29 percentage points from FY2025.
- Tax Rate has a five-year change of +12.89 percentage points (FY2021 to FY2026).
- By fiscal year, Tax Rate came in at 25.22% in FY2025 (-0.09 pp), 25.31% in FY2024 (+1.43 pp), 23.88% in FY2023 (+1.02 pp) and 22.85% in FY2022 (+0.23 pp).
- Five-year quarterly Tax Rate spans a low of 16.48% in fiscal Q4 2023 and a high of 28.21% in fiscal Q1 2027.
- Year over year, Tax Rate gained in four of the last seven quarters, with an average year-over-year change of +0.49 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q4 2024 (a gain of 6.78 percentage points); the low point was fiscal Q4 2023 (a drop of 4.09 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,831.33 Bn | 2,348.03 Bn | 104.83 Bn | 22.51% |
| 2 | Home Depot | 312.41 Bn | 305.65 Bn | 16.12 Bn | 24.53% |
| 3 | Tjx Companies | 162.77 Bn | 140.31 Bn | 5.07 Bn | 24.68% |
| 4 | Lowes Companies | 111.30 Bn | 104.27 Bn | 8.58 Bn | 24.44% |
| 5 | Ross Stores | 75.86 Bn | 58.79 Bn | 2.12 Bn | 24.98% |
| 6 | O Reilly Automotive | 74.04 Bn | 73.12 Bn | 2.52 Bn | 22.62% |
| 7 | Target | 70.55 Bn | 65.14 Bn | 8.94 Bn | 23.67% |
| 8 | Autozone | 51.90 Bn | 50.80 Bn | 2.52 Bn | 21.12% |
| 9 | Carvana | 42.35 Bn | 32.84 Bn | 1.38 Bn | 11.40% |
| 10 | Carmax | 7.39 Bn | 6.76 Bn | 799.46 Mn | 25.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 25.90% |
| May 31, 2026 | 28.21% |
| Nov 30, 2025 | 25.83% |
| Aug 31, 2025 | 24.96% |
| May 31, 2025 | 25.69% |
| Feb 28, 2025 | 24.10% |
| Nov 30, 2024 | 24.65% |
| Aug 31, 2024 | 25.32% |
| May 31, 2024 | 26.23% |
| Feb 29, 2024 | 23.27% |
| Nov 30, 2023 | 25.83% |
| Aug 31, 2023 | 25.05% |
| May 31, 2023 | 25.69% |
| Feb 28, 2023 | 16.48% |
| Nov 30, 2022 | 24.83% |
| Aug 31, 2022 | 24.87% |
| May 31, 2022 | 25.06% |
| Feb 28, 2022 | 20.58% |
| Nov 30, 2021 | 24.31% |
| Aug 31, 2021 | 22.44% |
API Access
Carmax Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=KMX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "KMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=KMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();