Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount
RBC Bearings Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount remained flat by 0.0% to $600.00K in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $625.00K to $600.00K. Over 3 years (FY 2022 to FY 2025), Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount shows an upward trend with a 17.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher utilization of R&D tax incentives, often correlating with high innovation investment.
Detailed definition
Quantifies the reduction in income tax expense attributable to research and development tax credits. This reflects the c...
Peer comparison
Highly relevant for technology-heavy or manufacturing firms with significant R&D budgets.
other_income_tax_reconciliation_tax_credits_researchHistorical Data
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $1.50M | $2.40M | $2.50M | $2.40M |
| YoY Change | — | +60.0% | +4.2% | -4.0% |
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount at Other Companies
Frequently Asked Questions
- What is RBC Bearings's effective income tax rate reconciliation, tax credit, research, amount?
- RBC Bearings (RBC) reported effective income tax rate reconciliation, tax credit, research, amount of $600.00K in Q1 2025.
- How has RBC Bearings's effective income tax rate reconciliation, tax credit, research, amount changed year-over-year?
- RBC Bearings's effective income tax rate reconciliation, tax credit, research, amount decreased by 4.0% year-over-year, from $625.00K to $600.00K.
- What is the long-term trend for RBC Bearings's effective income tax rate reconciliation, tax credit, research, amount?
- Over 3 years (2022 to 2025), RBC Bearings's effective income tax rate reconciliation, tax credit, research, amount has grown at a 17.0% compound annual growth rate (CAGR), from $1.50M to $2.40M.
- What does effective income tax rate reconciliation, tax credit, research, amount mean?
- Tax savings generated specifically from research and development activities.