Resources Connection (RGP) Tax Rate (2010 - 2024)
Resources Connection's Tax Rate was 8.65% in fiscal Q4 2024 (quarter ended May 25, 2024), down 22.58 percentage points from 31.23% a year earlier and down 34.52 percentage points from the prior quarter.
Resources Connection (RGP) Tax Rate (2010 - 2024) Analysis & Trends
For FY2024 (ended May 25, 2024), Tax Rate at Resources Connection came in at 29.48%, up 4.34 percentage points from FY2023.
- Tax Rate shows a five-year change of -4.91 percentage points (FY2019 to FY2024).
- In earlier fiscal years, Tax Rate was 25.14% in FY2023 (+6.11 pp), 19.04% in FY2022 and 19.71% in FY2020 (-14.69 pp).
- The fiscal Q4 2024 figure marks the lowest quarterly Tax Rate since fiscal Q3 2018.
- Compared with a year earlier, Tax Rate was higher in three of the last six quarters, with an average year-over-year change of +1.71 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q2 2021 (a gain of 151.77 percentage points); the worst was fiscal Q2 2022 (a drop of 153.78 percentage points).
- Per Business Quant data, RGP's Tax Rate in the three fiscal quarters before Q4 2024 was 43.17% (Q3 2024), 43.94% (Q2 2024) and 40.45% (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 146.43 Bn | 105.71 Bn | 6.13 Bn | 24.19% |
| 2 | Cintas | 86.79 Bn | 85.87 Bn | 1.55 Bn | 20.02% |
| 3 | Iron Mountain | 33.63 Bn | 32.82 Bn | 1.07 Bn | 12.24% |
| 4 | APi | 17.31 Bn | 14.35 Bn | 703.00 Mn | 28.26% |
| 5 | Rollins | 16.03 Bn | 15.57 Bn | 569.95 Mn | 24.16% |
| 6 | UL Solutions | 14.80 Bn | 13.55 Bn | 417.00 Mn | 24.85% |
| 7 | Aramark | 14.78 Bn | 12.73 Bn | 430.34 Mn | 27.92% |
| 8 | Gartner | 14.60 Bn | 8.29 Bn | 1.19 Bn | 22.31% |
| 9 | Rentokil Initial | 10.70 Bn | 4.21 Bn | - | - |
| 10 | Resources Connection | 85.00 Mn | -231.17 Mn | 36.67 Mn | - |
Historic Data
| Date | Value |
|---|---|
| May 25, 2024 | 8.65% |
| Feb 24, 2024 | 43.17% |
| Nov 25, 2023 | 43.94% |
| Aug 26, 2023 | 40.45% |
| May 27, 2023 | 31.23% |
| Nov 26, 2022 | 25.31% |
| Aug 27, 2022 | 27.85% |
| May 28, 2022 | 25.91% |
| Nov 27, 2021 | 28.18% |
| Aug 28, 2021 | 28.72% |
| Feb 27, 2021 | 62.97% |
| Nov 28, 2020 | 181.96% |
| Aug 29, 2020 | 47.16% |
| May 30, 2020 | 41.95% |
| Nov 23, 2019 | 30.20% |
| Aug 24, 2019 | 34.84% |
| May 25, 2019 | 30.14% |
| Feb 23, 2019 | 39.74% |
| Nov 24, 2018 | 32.73% |
| Aug 25, 2018 | 37.83% |
Resources Connection Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=RGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "RGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=RGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();