Tax Rate: 28.21%
Is the tax rate high or low?
The tax rate of 28.21% is 16% above its 5-year average of 24.32%, near the high end of its 5-year range (16.48%–28.21%).
7.77% above its 12-month average of 26.17%.
KMX Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
KMX Average Tax Rate Chart
KMX Current vs Average Tax Rate Chart
KMX Tax Rate Metrics
TAX RATE
28.21%
TAX RATE AVG TTM
26.17%
TAX RATE AVG 3Y
25.34%
TAX RATE AVG 5Y
24.96%
TAX RATE AVG 10Y
24.43%
TAX RATE AVG 15Y
30.67%
TAX RATE AVG 20Y
32.51%
CURRENT VS TTM AVG
+7.77%
CURRENT VS 3Y AVG
+11.33%
CURRENT VS 5Y AVG
+12.99%
CURRENT VS 10Y AVG
+15.45%
CURRENT VS 15Y AVG
-8.04%
CURRENT VS 20Y AVG
-13.24%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for CarMax, Inc. (KMX)?
- The tax rate for KMX stock is 28.21%.
- Is CarMax, Inc.'s tax rate high or low?
- The tax rate of 28.21% is 16% above its 5-year average of 24.32%, near the high end of its 5-year range (16.48%–28.21%).
- What is the TTM average tax rate for CarMax, Inc. (KMX)?
- The TTM average tax rate for KMX stock is 26.17%.
- What is the 3Y average tax rate for CarMax, Inc. (KMX)?
- The 3Y average tax rate for KMX stock is 25.34%.
- What is the 5Y average tax rate for CarMax, Inc. (KMX)?
- The 5Y average tax rate for KMX stock is 24.96%.
- What is the 10Y average tax rate for CarMax, Inc. (KMX)?
- The 10Y average tax rate for KMX stock is 24.43%.
- What is the 15Y average tax rate for CarMax, Inc. (KMX)?
- The 15Y average tax rate for KMX stock is 30.67%.
- What is the 20Y average tax rate for CarMax, Inc. (KMX)?
- The 20Y average tax rate for KMX stock is 32.51%.
KMX Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-05-31 | 28.21% |
| 2025-11-30 | 25.83% |
| 2025-08-31 | 24.96% |
| 2025-05-31 | 25.69% |
| 2025-02-28 | 24.10% |
| 2024-11-30 | 24.65% |
| 2024-08-31 | 25.32% |
| 2024-05-31 | 26.23% |
| 2024-02-29 | 23.27% |
| 2023-11-30 | 25.83% |
| 2023-08-31 | 25.05% |
| 2023-05-31 | 25.69% |
| 2023-02-28 | 16.48% |
| 2022-11-30 | 24.83% |
| 2022-08-31 | 24.87% |
| 2022-05-31 | 25.06% |
| 2022-02-28 | 20.58% |
| 2021-11-30 | 24.31% |
| 2021-08-31 | 22.44% |
| 2021-05-31 | 23.01% |
| 2021-02-28 | 19.94% |
| 2020-11-30 | 24.22% |
| 2020-08-31 | 23.60% |
| 2020-05-31 | -19.55% |
| 2020-02-29 | 22.30% |
| 2019-11-30 | 23.91% |
| 2019-08-31 | 23.54% |
| 2019-05-31 | 24.06% |
| 2019-02-28 | 24.73% |
| 2018-11-30 | 23.20% |
| 2018-08-31 | 23.70% |
| 2018-05-31 | 25.35% |
| 2018-02-28 | 41.87% |
| 2017-11-30 | 33.91% |
| 2017-08-31 | 37.49% |
| 2017-05-31 | 37.38% |
| 2017-02-28 | 37.02% |
| 2016-11-30 | 37.79% |
| 2016-08-31 | 37.97% |
| 2016-05-31 | 37.97% |
| 2016-02-29 | 37.65% |
| 2015-11-30 | 38.35% |
| 2015-08-31 | 38.45% |
| 2015-05-31 | 38.52% |
| 2015-02-28 | 38.52% |
| 2014-11-30 | 38.32% |
| 2014-08-31 | 38.35% |
| 2014-05-31 | 38.31% |
| 2014-02-28 | 37.88% |
| 2013-11-30 | 38.54% |
| 2013-08-31 | 38.24% |
| 2013-05-31 | 38.20% |
| 2013-02-28 | 37.72% |
| 2012-11-30 | 37.90% |
| 2012-08-31 | 38.36% |
| 2012-05-31 | 38.28% |
| 2012-02-29 | 37.87% |
| 2011-11-30 | 37.62% |
| 2011-08-31 | 38.20% |
| 2011-05-31 | 38.07% |
| 2011-02-28 | 36.34% |
| 2010-12-27 | 38.23% |
| 2010-09-10 | 38.41% |
| 2010-05-31 | 38.48% |
| 2010-02-28 | 38.08% |
| 2009-11-30 | 35.64% |
| 2009-08-31 | 38.49% |
| 2009-05-31 | 39.47% |
| 2009-04-09 | 38.42% |
| 2008-08-31 | 37.75% |
| 2008-05-31 | 38.10% |
| 2008-02-29 | 37.32% |
| 2007-11-30 | 39.04% |
| 2007-08-31 | 39.51% |
| 2007-05-31 | 38.25% |
| 2007-02-28 | 39.84% |
| 2006-11-30 | 38.21% |
| 2006-08-31 | 38.19% |
| 2006-05-31 | 38.29% |
| 2006-02-28 | 38.08% |
| 2005-11-30 | 39.05% |
| 2005-08-31 | 38.12% |
| 2005-05-31 | 38.37% |
| 2005-02-28 | 38.23% |
| 2004-11-30 | 39.00% |
| 2004-10-08 | 39.00% |
| 2004-05-31 | 39.00% |
| 2004-02-29 | 38.50% |
| 2003-11-30 | 38.50% |
| 2003-09-15 | 38.50% |
| 2003-05-31 | 38.50% |
| 2003-02-28 | 39.50% |
| 2002-11-30 | 39.50% |
| 2002-08-31 | 39.50% |
Related Metrics
About CarMax, Inc.
CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.
- Sector
- Consumer Cyclical
- Industry
- Auto - Dealerships
- CEO
- Keith Barr