RideNow (RDNW) EBITDA Margin (2017 - 2025)

RideNow (RDNW) recorded quarterly EBITDA Margin of 2.1% in Q4 2025, down 37.16% quarter-over-quarter from 3.35% in Q3 2025, and up 1735.0% on a YoY basis from 0.11% in Q4 2024.

RideNow (RDNW) EBITDA Margin (2017 - 2025) Analysis & Trends

RideNow's EBITDA Margin history runs 9 years deep, the most recent figure standing at 2.1% for Q4 2025.

  • In Q4 2025, EBITDA Margin rose 1735.0% year-over-year to 2.1%; the TTM figure through Dec 2025 stood at 0.02% (up 124.0% YoY), while the FY2025 annual figure was 0.02%, up 124.0% from the prior year.
  • EBITDA Margin was 2.1% for Q4 2025 at RideNow, down from 3.35% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 7.53% in Q2 2022 to a low of 98.95% in Q4 2022.
  • Historically, EBITDA Margin has averaged 6.0% across 5 years, with a median of 1.0% in 2021.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin plunged 10264 bps in 2022, then surged 7664 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 3.69% in 2021, then slumped by 2780 bps to 98.95% in 2022, then soared by 77 bps to 22.3% in 2023, then jumped by 32 bps to 15.24% in 2024, then surged by 114 bps to 2.1% in 2025.
  • The last three EBITDA Margin figures came in at 2.1% (Q4 2025), 3.35% (Q3 2025), and 6.27% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -6.88%
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 9.03%
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn -0.10%
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 3.62%
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 4.80%
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 5.16%
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 8.48%
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 13.98%
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 4.49%
10 RideNow 277.10 Mn 247.60 Mn 70.90 Mn 2.10%

Historic Data

Download Data
DateValue
Dec 31, 2025 2.10%
Sep 30, 2025 3.35%
Jun 30, 2025 -6.27%
Mar 31, 2025 1.55%
Dec 31, 2024 -15.24%
Sep 30, 2024 1.80%
Jun 30, 2024 4.57%
Mar 31, 2024 1.69%
Dec 31, 2023 -22.30%
Sep 30, 2023 -0.06%
Jun 30, 2023 0.21%
Mar 31, 2023 -0.21%
Dec 31, 2022 -98.95%
Sep 30, 2022 3.70%
Jun 30, 2022 7.53%
Mar 31, 2022 5.09%
Dec 31, 2021 3.69%
Sep 30, 2021 -9.95%
Jun 30, 2021 0.45%
Mar 31, 2021 -2.71%