RideNow (RDNW) Tax Rate (2016 - 2025)
RideNow (RDNW) posted quarterly Tax Rate of 2.5% for 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 for Q3 2025 stood at 2.5%, 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.
- The 5-year median for Tax Rate is 10.62% (2024), against an average of 0.07%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 13705 bps in 2022, then sank 9295 bps in 2023.
- RideNow's Tax Rate stood at 113.52% in 2021, then jumped by 121 bps to 23.54% in 2022, then plunged by 395 bps to 69.42% in 2023, then jumped by 99 bps to 0.36% in 2024, then slumped by 602 bps to 2.5% in 2025.
- Business Quant data shows RDNW's Tax Rate at 2.5% in Q3 2025, 0.31% in Q2 2025, and 1.04% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 78.07 Bn | 78.06 Bn | - | - |
| 2 | Carvana | 51.62 Bn | 48.87 Bn | 1.38 Bn | 11.40% |
| 3 | Penske Automotive | 14.25 Bn | 14.18 Bn | 1.36 Bn | 26.17% |
| 4 | Lithia Motors | 8.52 Bn | 8.16 Bn | 1.50 Bn | 25.70% |
| 5 | Carmax | 8.26 Bn | 7.67 Bn | 854.41 Mn | 28.21% |
| 6 | Autonation | 6.97 Bn | 6.91 Bn | 1.23 Bn | 25.31% |
| 7 | Rush Enterprises Inc \Tx\ | 6.35 Bn | 6.09 Bn | 361.67 Mn | 20.87% |
| 8 | Autozi Internet Technology (Global) | 6.17 Bn | 5.99 Bn | - | - |
| 9 | Valvoline | 4.21 Bn | 4.13 Bn | 214.90 Mn | 24.07% |
| 10 | RideNow | 248.63 Mn | 235.23 Mn | 70.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -2.50% |
| Sep 30, 2025 | -2.50% |
| Sep 30, 2025 | -2.50% |
| Jun 30, 2025 | -0.31% |
| Jun 30, 2025 | -0.31% |
| Jun 30, 2025 | -0.31% |
| Mar 31, 2025 | -1.04% |
| Mar 31, 2025 | -1.04% |
| Mar 31, 2025 | -1.04% |
| Dec 31, 2024 | -0.36% |
| Dec 31, 2024 | -0.36% |
| Dec 31, 2024 | -0.36% |
| Jun 30, 2024 | 12.50% |
| Jun 30, 2024 | 12.50% |
| Jun 30, 2024 | 12.50% |
| Mar 31, 2024 | 2.83% |
| Mar 31, 2024 | 2.83% |
| Mar 31, 2024 | 2.83% |
| Dec 31, 2023 | -69.42% |
| Dec 31, 2023 | -69.42% |