RBC Bearings INC RBC
Bearings Incorporated, together with its subsidiaries, is an international manufacturer and marketer of highly engineered precision bearings,
components and essential systems for the Industrial and Aerospace & Defense markets. Our precision solutions are integral to the
manufacture and operation of most machines and mechanical systems, to reduce wear to moving parts, facilitate proper power transmission,
reduce damage and energy loss caused by friction, and control pressure and flow. The terms "we," "us," "our,"
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.64B | $1.56B | $1.47B | $942.9M | $609.0M | $727.5M | $702.5M | $674.9M | $615.4M |
| Cost of revenue | $1.04B | $910.2M | $889.8M | $864.5M | $585.8M | $374.9M | $438.4M | $425.9M | $416.4M | $385.2M |
| Gross profit | $830.2M | $726.1M | $670.5M | $604.8M | $357.1M | $234.1M | $289.1M | $276.7M | $258.5M | $230.2M |
| R&D | $34.4M | $33.0M | $33.0M | $31.8M | $27.6M | — | — | — | — | — |
| SG&A | $316.1M | $279.3M | $253.5M | $229.7M | $167.6M | $102.8M | $130.0M | $117.5M | $113.1M | $102.9M |
| Operating income | $421.0M | $369.9M | $342.2M | $293.0M | $121.1M | $114.6M | $149.4M | $132.0M | $128.8M | $114.6M |
| Interest expense | $49.8M | $59.8M | $78.7M | $76.7M | $41.5M | $1.4M | $1.9M | $5.2M | $7.5M | $8.7M |
| Pre-tax income | $369.3M | $311.9M | $261.8M | $209.7M | $78.7M | $113.2M | $146.7M | $126.1M | $119.9M | $104.9M |
| Income tax | $81.7M | $65.7M | $51.9M | $43.0M | $24.0M | $23.1M | $26.4M | $20.9M | $32.7M | $34.3M |
| Net income | $287.6M | $246.2M | $209.9M | $166.7M | $54.7M | $90.1M | $120.3M | $105.2M | $87.1M | $70.6M |
| EPS, basic | 9.14 | 7.76 | 6.47 | 5.00 | 1.58 | 3.63 | 4.89 | 4.32 | 3.64 | 3.00 |
| EPS, diluted | 9.09 | 7.70 | 6.41 | 4.94 | 1.56 | 3.58 | 4.81 | 4.26 | 3.58 | 2.97 |
| Shares, diluted (wtd. avg.) | $31.6M | $30.4M | $29.2M | $29.1M | $27.3M | $25.1M | $25.0M | $24.7M | $24.4M | $23.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $57.3M | $36.8M | $63.5M | $65.4M | $182.9M | $151.1M | $103.3M | $29.9M | $54.2M | $38.9M |
| Short-term investments | — | — | — | — | — | $90.2M | — | — | — | — |
| Receivables | $340.6M | $307.6M | $255.2M | $239.6M | $247.5M | $110.5M | $129.0M | $130.7M | $116.9M | $109.7M |
| Inventory | $762.8M | $654.5M | $622.8M | $587.2M | $516.1M | $364.1M | $367.5M | $335.0M | $306.1M | $289.6M |
| Total current assets | $1.19B | $1.03B | $965.5M | $913.3M | $962.2M | $728.2M | $612.0M | $503.3M | $483.6M | $448.0M |
| Property, plant and equipment | $419.0M | $359.0M | $361.0M | $375.3M | $386.7M | $208.3M | $219.8M | $207.9M | $192.5M | $183.6M |
| Goodwill | $2.00B | $1.87B | $1.87B | $1.87B | $1.90B | $277.5M | $277.8M | $261.4M | $268.1M | $268.0M |
| Other intangibles | $1.38B | $1.33B | $1.39B | $1.45B | $1.51B | $154.4M | $162.7M | $155.6M | $183.8M | $196.8M |
| Total assets | $5.12B | $4.69B | $4.68B | $4.69B | $4.85B | $1.43B | $1.32B | $1.15B | $1.14B | $1.11B |
| Accounts payable | $147.0M | $138.4M | $116.2M | $146.8M | $158.6M | $36.3M | $51.0M | $49.6M | $45.2M | $34.4M |
| Short-term debt | $173.8M | $1.7M | $3.8M | $1.5M | $1.5M | $2.6M | $6.4M | $467.0K | $19.2M | $14.2M |
| Total current liabilities | $546.2M | $315.3M | $294.3M | $309.3M | $313.5M | $88.2M | $103.8M | $90.1M | $105.2M | $93.1M |
| Long-term debt | $701.7M | $918.4M | $1.19B | $1.39B | $1.69B | $13.5M | $16.6M | $43.2M | $154.1M | $255.6M |
| Total liabilities | $1.76B | $1.65B | $1.93B | $2.15B | $2.47B | $202.2M | $203.9M | $178.8M | $308.2M | $391.8M |
| Retained earnings | $1.74B | $1.45B | $1.22B | $1.03B | $886.1M | $843.5M | $10.2M | $641.9M | $537.0M | $448.7M |
| Total equity | $3.36B | $3.03B | $2.75B | $2.54B | $2.37B | $1.23B | $1.12B | $971.7M | $834.6M | $717.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $415.7M | $293.6M | $274.7M | $220.6M | $180.3M | $152.4M | $155.6M | $108.5M | $130.3M | $101.2M |
| Depreciation and amortisation | $47.8M | $48.2M | $48.9M | $46.2M | $65.5M | $32.7M | $31.4M | $29.7M | $28.4M | $27.4M |
| Stock-based compensation | $34.5M | $28.4M | $17.4M | $14.0M | $32.9M | $18.1M | $27.6M | $16.1M | $13.4M | $12.1M |
| Capital expenditure | $73.1M | $49.8M | $33.2M | $42.0M | $29.8M | $11.8M | $37.3M | $41.3M | $28.0M | $20.9M |
| Investing cash flow | -$349.7M | -$49.8M | -$52.2M | -$14.0M | -$2.85B | -$101.5M | -$62.8M | -$17.1M | -$27.9M | -$21.4M |
| Financing cash flow | -$43.3M | -$270.4M | -$223.5M | -$322.8M | $2.70B | -$3.4M | -$20.4M | -$113.3M | -$89.9M | -$78.8M |
| Dividends paid | — | $5.8M | $5.7M | $5.7M | — | — | — | — | — | $0 |
| Buybacks | — | $9.5M | $11.0M | $7.7M | $8.6M | $6.8M | $12.2M | $5.2M | $5.0M | $4.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-029594.