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
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%