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

Company name
Symbol
Pretax margin
RBC Bearings Incorporated
RBC
19.06%
Timken Company
TKR
10.81%