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
DateValue
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%