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RBC Bearings (RBC Bearings) Tax Rate % : 17.96% (As of Dec. 2023)


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What is RBC Bearings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. RBC Bearings's Tax Expense for the three months ended in Dec. 2023 was $10 Mil. RBC Bearings's Pre-Tax Income for the three months ended in Dec. 2023 was $57 Mil. Therefore, RBC Bearings's Tax Rate % for the quarter that ended in Dec. 2023 was 17.96%.


RBC Bearings Tax Rate % Historical Data

The historical data trend for RBC Bearings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RBC Bearings Tax Rate % Chart

RBC Bearings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.57 17.97 20.41 30.50 20.51

RBC Bearings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial 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 24.38 18.41 21.88 22.72 17.96

RBC Bearings Tax Rate % Calculation

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

RBC Bearings's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=43/209.7
=20.51 %

RBC Bearings's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=10.2/56.8
=17.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RBC Bearings Tax Rate % Related Terms

Thank you for viewing the detailed overview of RBC Bearings's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


RBC Bearings (RBC Bearings) Business Description

Traded in Other Exchanges
Address
102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.
Executives
Michael H. Ambrose director ONE TRIBOLOGY CENTER, 102 WILLENBROCK ROAD, OXFORD CT 06478
Michael J Hartnett officer: President and CEO RBC BEARINGS, INC., 102 WILLENBROCK ROAD, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Richard R Crowell director AURORA CAPITAL PARTNERS LP, 10877 WILSHIRE BOULEVARD SUITE 2100, LOS ANGELES CA 90024
Dolores J Ennico director RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Robert M Sullivan officer: Corporate Controller 103 STILLWOLD DRIVE, WETHERSFIELD CT 06109
John J. Feeney officer: Vice President and Secretary ONE TRIBOLOGY CENTER, 102 WILLENBROCK ROAD, OXFORD CT 06478
Steven H. Kaplan director 11 LINDEN SHORES, BRANFORD CT 06405
Patrick S. Bannon officer: V.P. and General Manager 131 WOODS WAY DRIVE, SOUTHBURY CT 06488
Richard J Edwards officer: V.P. and General Manager RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Edward Stewart director 5715 EAST CHENEY DRIVE, PARADISE VALLEY AZ 85253
Daniel A Bergeron officer: VP and CFO
Alan B Levine director
Ernest D Hawkins officer: Vice President of Finance 102 WILLENBROCK ROAD, OXFORD CT 06478
Amir Faghri director RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Joseph Salamunovich officer: General Counsel and Secretary RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478