Regal Beloit Corporation (RRX)
Pretax margin
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 248,000 | 284,000 | 76,700 | 22,900 | -1,600 | 35,600 | 316,600 | 457,300 | 613,800 | 510,300 | 444,100 | 360,700 | 284,600 | 345,300 | 339,800 | 277,200 | 250,600 | 233,100 | 210,400 | 256,400 |
| Revenue (ttm) | US$ in thousands | 6,033,800 | 6,180,900 | 6,353,300 | 6,574,300 | 6,250,700 | 5,887,200 | 5,562,700 | 5,143,500 | 5,217,900 | 5,189,800 | 4,757,200 | 4,294,700 | 3,810,300 | 3,374,200 | 3,239,700 | 2,986,900 | 2,907,000 | 2,864,700 | 2,878,800 | 3,118,400 |
| Pretax margin | 4.11% | 4.59% | 1.21% | 0.35% | -0.03% | 0.60% | 5.69% | 8.89% | 11.76% | 9.83% | 9.34% | 8.40% | 7.47% | 10.23% | 10.49% | 9.28% | 8.62% | 8.14% | 7.31% | 8.22% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $248,000K ÷ $6,033,800K
= 4.11%
The pretax margin of Regal Beloit Corporation has shown fluctuations over the past years, with a general upward trend until reaching a peak of 11.76% in December 2022. However, there was a significant decline in the pretax margin in the subsequent periods, dropping to 0.60% in September 2023 and further to a negative percentage in December 2023. This downward trend continued into the first half of 2024 but then rebounded slightly to 4.11% by the end of December 2024.
It is important to note the volatility in the pretax margin, which could indicate various factors affecting the company's profitability, such as changes in operating expenses, revenue levels, or one-time events impacting the bottom line. Further analysis of the company's financial statements and external factors would be needed to fully understand the reasons behind these fluctuations and to assess the overall financial health and performance of Regal Beloit Corporation.
Peer comparison
Dec 31, 2024