Switch to:

CarMax Tax Rate %

: 23.60% (As of Aug. 2020)
View and export this data going back to 1997. Start your Free Trial

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CarMax's Tax Expense for the three months ended in Aug. 2020 was $92 Mil. CarMax's Pre-Tax Income for the three months ended in Aug. 2020 was $388 Mil. Therefore, CarMax's Tax Rate % for the quarter that ended in Aug. 2020 was 23.60%.


CarMax Tax Rate % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

CarMax Annual Data
Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.27 37.70 37.56 24.30 23.48

CarMax Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.54 23.91 22.30 -19.55 23.60

CarMax Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

CarMax's Tax Rate % for the fiscal year that ended in Feb. 2020 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2020 )/Pre-Tax Income (A: Feb. 2020 )
=272.553/1160.986
=23.48 %

CarMax's Tax Rate % for the quarter that ended in Aug. 2020 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2020 )/Pre-Tax Income (Q: Aug. 2020 )
=91.645/388.341
=23.60 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


CarMax Tax Rate % Related Terms


CarMax Tax Rate % Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)