RideNow (RDNW) Tax Rate (2016 - 2025)
RideNow (RDNW) posted quarterly Tax Rate of 2.5% for Q3 2025, down 702.5% on a QoQ basis from 0.31% in Q2 2025.
RideNow (RDNW) Tax Rate (2016 - 2025) Analysis & Trends
RideNow (RDNW) has reported Tax Rate for 6 consecutive years, with 2.5% the latest figure, recorded in 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 came in at 2.5% for Q3 2025 at RideNow, down from 0.31% in the prior quarter.
- The five-year high for Tax Rate was 32.15% in Q3 2021, with the low at 113.52% in Q4 2021.
- Average Tax Rate over 5 years is 0.07%, with a median of 10.62% recorded in 2024.
- Across the five-year window, Tax Rate soared 13705 bps in 2022 and tumbled 9295 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 113.52% in 2021, then surged by 121 bps to 23.54% in 2022, then slumped by 395 bps to 69.42% in 2023, then surged by 99 bps to 0.36% in 2024, then plunged by 602 bps to 2.5% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 2.5%, 0.31%, and 1.04% for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 8.16% |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 27.43% |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 28.21% |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 28.17% |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 25.50% |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 18.18% |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 23.87% |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 25.06% |
| 10 | RideNow | 251.29 Mn | 221.79 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% |