RBC Bearings Incorporated (RBC)
Pretax margin
Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 311,900 | 298,089 | 280,189 | 277,689 | 261,789 | 248,021 | 239,173 | 225,773 | 209,677 | 193,434 | 146,610 | 104,754 | 87,719 | 73,280 | 98,416 | 112,581 | 110,059 | 123,361 | 133,880 | 144,712 |
Revenue (ttm) | US$ in thousands | 1,636,300 | 1,612,280 | 1,591,780 | 1,579,480 | 1,560,280 | 1,541,022 | 1,518,747 | 1,502,347 | 1,469,327 | 1,433,784 | 1,349,112 | 1,140,812 | 942,937 | 744,353 | 623,261 | 608,696 | 608,984 | 634,532 | 665,690 | 701,264 |
Pretax margin | 19.06% | 18.49% | 17.60% | 17.58% | 16.78% | 16.09% | 15.75% | 15.03% | 14.27% | 13.49% | 10.87% | 9.18% | 9.30% | 9.84% | 15.79% | 18.50% | 18.07% | 19.44% | 20.11% | 20.64% |
March 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $311,900K ÷ $1,636,300K
= 19.06%
The pretax margin for RBC Bearings Incorporated has shown fluctuation over the past few years according to the provided data.
From June 30, 2020, to September 30, 2021, the pretax margin remained relatively stable, ranging from around 15% to 20%. However, there was a noticeable drop in the pretax margin from September 30, 2021 (15.79%) to December 31, 2021 (9.84%). This decrease suggests a potential decline in the company's profitability before accounting for taxes.
Subsequently, the pretax margin continued to decrease until March 31, 2022 (9.30%) but started to show a slight improvement in the following quarters, reaching 19.06% by March 31, 2025.
Overall, the trend in the pretax margin indicates some volatility, with periods of decline followed by periods of recovery. It is important for stakeholders to monitor this metric closely to assess the company's financial performance and efficiency in generating profits before taxes.
Peer comparison
Mar 31, 2025