Tax
State & Local Tax (Current)
RBC Bearings State & Local Tax (Current) remained flat by 0.0% to $2.93M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.2%, from $2.38M to $2.93M. Over 4 years (FY 2022 to FY 2026), State & Local Tax (Current) shows an upward trend with a 45.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2026May 15, 2026
How to read this metric
Increases may reflect expansion into higher-tax jurisdictions or changes in regional tax legislation.
Detailed definition
The portion of the total income tax provision that is currently payable to state and local government jurisdictions. Thi...
Peer comparison
Standard tax disclosure for companies with significant domestic regional footprints.
Metric ID:
msft_current_state_and_local_tax_expenseHistorical Data
5 years
| FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|---|
| Value | $2.60M | $7.50M | $5.90M | $9.50M | $11.70M |
| YoY Change | — | +188.5% | -21.3% | +61.0% | +23.2% |
Range$2.60M – $11.70M
CAGR+45.6%
Avg YoY Growth+62.8%
Median YoY Growth+42.1%
Current Streak2 years growth
State & Local Tax (Current) at Other Companies
Frequently Asked Questions
- What is RBC Bearings's state & local tax (current)?
- RBC Bearings (RBC) reported state & local tax (current) of $2.93M in Q1 2026.
- How has RBC Bearings's state & local tax (current) changed year-over-year?
- RBC Bearings's state & local tax (current) increased by 23.2% year-over-year, from $2.38M to $2.93M.
- What is the long-term trend for RBC Bearings's state & local tax (current)?
- Over 4 years (2022 to 2026), RBC Bearings's state & local tax (current) has grown at a 45.6% compound annual growth rate (CAGR), from $2.60M to $11.70M.
- What does state & local tax (current) mean?
- The amount of state and local income tax currently owed for the period.