RBC Bearings (FRA:B1X) 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 €9 Mil. RBC Bearings's Pre-Tax Income for the three months ended in Dec. 2023 was €52 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.

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RBC Bearings Tax Rate % Chart

RBC Bearings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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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															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 )
	=	40.162	/	195.86
	=	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 )
	=	9.353	/	52.086
	=	17.96 %

RBC Bearings Tax Rate % Related Terms

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RBC Bearings (FRA:B1X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RBC Bearings Inc (FRA:B1X) » Definitions » Tax Rate %

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RBC:USA

Address

102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478

Website

https://www.rbcbearings.com

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.

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