RideNow (RDNW) Tax Rate (2016 - 2025)
RideNow (RDNW) recorded quarterly Tax Rate of 2.5% in Q3 2025, down 702.5% quarter-over-quarter from 0.31% in Q2 2025.
RideNow (RDNW) Tax Rate (2016 - 2025) Analysis & Trends
RideNow's Tax Rate history runs 6 years deep, the most recent figure standing at 2.5% for Q3 2025.
- In Q3 2025, Tax Rate changed N/A year-over-year to 2.5%; the TTM figure through Dec 2025 stood at 0.58% (down 83.0% YoY), while the FY2025 annual figure was 0.58%, down 83.0% from the prior year.
- Tax Rate was 2.5% for Q3 2025 at RideNow, down from 0.31% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 32.15% in Q3 2021 to a low of 113.52% in Q4 2021.
- Historically, Tax Rate has averaged 0.07% across 5 years, with a median of 10.62% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 13705 bps in 2022, then slumped 9295 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 113.52% in 2021, then surged by 121 bps to 23.54% in 2022, then sank by 395 bps to 69.42% in 2023, then surged by 99 bps to 0.36% in 2024, then tumbled by 602 bps to 2.5% in 2025.
- The last three Tax Rate figures came in at 2.5% (Q3 2025), 0.31% (Q2 2025), and 1.04% (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -46.49% |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 8.16% |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | -9.04% |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 28.17% |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 25.50% |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 18.18% |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 23.87% |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 25.11% |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 23.81% |
| 10 | RideNow | 277.10 Mn | 247.60 Mn | 70.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -2.50% |
| Sep 30, 2025 | -2.50% |
| Jun 30, 2025 | -0.31% |
| Jun 30, 2025 | -0.31% |
| Mar 31, 2025 | -1.04% |
| Mar 31, 2025 | -1.04% |
| Dec 31, 2024 | -0.36% |
| Dec 31, 2024 | -0.36% |
| Jun 30, 2024 | 12.50% |
| Jun 30, 2024 | 12.50% |
| Mar 31, 2024 | 2.83% |
| Mar 31, 2024 | 2.83% |
| Dec 31, 2023 | -69.42% |
| Dec 31, 2023 | -69.42% |
| Sep 30, 2023 | 17.50% |
| Sep 30, 2023 | 17.50% |
| Jun 30, 2023 | 26.44% |
| Jun 30, 2023 | 26.44% |
| Mar 31, 2023 | 8.74% |
| Mar 31, 2023 | 8.74% |