Regal Beloit Corporation (RRX)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 248,000 | -1,600 | 613,800 | 284,600 | 250,600 |
| Revenue | US$ in thousands | 6,033,800 | 6,250,700 | 5,217,900 | 3,810,300 | 2,907,000 |
| Pretax margin | 4.11% | -0.03% | 11.76% | 7.47% | 8.62% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $248,000K ÷ $6,033,800K
= 4.11%
The pretax margin of Regal Beloit Corporation has exhibited fluctuations over the years. It stood at 8.62% as of December 31, 2020, decreasing to 7.47% by December 31, 2021. However, there was a notable improvement in performance by December 31, 2022, with the pretax margin reaching 11.76%. The following year, the pretax margin experienced a significant decline, falling to -0.03% by December 31, 2023. By December 31, 2024, the pretax margin recovered slightly to 4.11%. These fluctuations indicate potential shifts in the company's profitability and efficiency in managing costs and generating income before taxes.
Peer comparison
Dec 31, 2024