Growth Metrics

Carmax (KMX) Tax Rate (2016 - 2026)

Carmax has reported Tax Rate over the past 18 years, most recently at 9.04% for Q1 2026.

  • For Q1 2026, Tax Rate fell 3314.0% year-over-year to 9.04%; the TTM value through Feb 2026 reached 35.51%, up 1029.0%, while the annual FY2026 figure was 35.51%, 1029.0% up from the prior year.
  • Tax Rate for Q1 2026 was 9.04% at Carmax, down from 25.83% in the prior quarter.
  • Over five years, Tax Rate peaked at 26.23% in Q2 2024 and troughed at 9.04% in Q1 2026.
  • A 5-year average of 22.32% and a median of 24.96% in 2025 define the central range for Tax Rate.
  • Biggest five-year swings in Tax Rate: soared 678bps in 2024 and later tumbled -3314bps in 2026.
  • Year by year, Tax Rate stood at 24.83% in 2022, then rose by 4bps to 25.83% in 2023, then dropped by -5bps to 24.65% in 2024, then grew by 5bps to 25.83% in 2025, then plummeted by -135bps to 9.04% in 2026.
  • Business Quant data shows Tax Rate for KMX at 9.04% in Q1 2026, 25.83% in Q4 2025, and 24.96% in Q3 2025.