RBC Bearings INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data RBC Bearings INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2019	FY2020	FY2021	FY2022	FY2022	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	703	727	609	609	943	943	1,469	1,560	1,636	1,871
Cost of revenue	426	438	375		586		865	890	910	1,041
Gross profit	277	289	234	234	357	357	605	671	726	830
Research and development					27.6		31.8	33	33	34.4
Selling, general and administrative	118	130	103		168		230	254	279	316
Operating income	132	149	115		121		293	342	370	421
Interest expense	5.17	1.89	1.4		41.5		76.7	-78.7	-59.8	-49.8
Other non-operating income	-0.77	-0.76	0		-0.9		-6.6	-1.7	1.8	-1.9
Pre-tax income	126	147	113	113	78.7	78.8	210	262	312	369
Income tax	20.9	26.4	23.1	23.1	24	24	43	51.9	65.7	81.7
Net income	105	120	90.1		54.7		167	210	246	288
EBITDA	162	181	147		187		408	462	490	550
EPS, basic	4.11	4.89	3.63		1.58		5.00	6.47	7.76	9.14
EPS, diluted	4.05	4.81	3.58		1.56		4.94	6.41	7.70	9.09
Shares, basic (weighted)	25.6	24.6	24.9		26.9		28.8	28.9	30.1	31.5
Shares, diluted (weighted)	26	25	25.1		27.3		29.1	29.2	30.4	31.6

Balance sheet

	FY2019	FY2020	FY2021	FY2022	FY2022	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	29.9	103	151		183		65.4	63.5	36.8	57.3
Short-term investments			90.2
Receivables	131	129	110		248		240	255	308	341
Inventory	335	367	364		516		587	623	655	763
Other current assets	7.66	12.3	12.2		15.7		21.1	24	28.4	29.1
Total current assets	503	612	728		962		913	966	1,027	1,190
Property, plant and equipment	208	220	208		387		375	361	359	419
Lease right-of-use assets	0	29	35.7		44.5		41.4	41.4	58.6	68.7
Goodwill	261	278	278		1,902		1,870	1,875	1,872	2,003
Intangible assets	156	163	154		1,512		1,453	1,392	1,325	1,378
Other non-current assets	19.1	20.6	30.2		38.4		37.7	43.9	43	63.6
Total assets	1,147	1,322	1,434	1,434	4,845	4,845	4,690	4,679	4,685	5,123
Accounts payable	49.6	51	36.3		159		147	116	138	147
Accrued liabilities			2.67		35.2		39.6	38	40	40.7
Deferred revenue	10.1	11.1	17		19.6		20.6	22.5	32.7	59.3
Short-term debt	0.47	6.43	2.61		492		1.5	3.8	1.7	174
Total current liabilities	90.1	104	88.2		314		309	294	315	546
Long-term debt	43.2	16.6	13.5		1,687		1,394	1,188	918	702
Lease liabilities	0	23.4	30		36.7		33.9	35.3	50.3	59
Other non-current liabilities	38.6	43.6	55.4		120		123	125	112	188
Total liabilities	179	204	202		2,473		2,155	1,927	1,654	1,762
Total debt	43.6	23	16.1		1,687		1,394	1,192	920	876
Paid-in capital	379	13.3	463		1,564		1,590	1,625	1,683	1,735
Retained earnings	642	10.2	843		886		1,030	1,217	1,451	1,738
Treasury stock	-44.8	-57	-63.8		-72.4		-80.1	-91.1	-101	-115
Other comprehensive income	-7.47	-6.9	-10.4		-5.8		-4.1	0.7	-1.4	2.1
Shareholders' equity	972	1,123	1,232		2,373		2,536	2,752	3,031	3,361
Total equity	969	1,123	1,232		2,373		2,536	2,752	3,031	3,361
Total liabilities and equity	1,147	1,322	1,434		4,845		4,690	4,679	4,685	5,123
Shares outstanding	26.9	25.9						30.2	32.5	32.7

Cash flow statement

	FY2019	FY2020	FY2021	FY2022	FY2022	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	105	120	90.1		54.7		167	210	246	288
Depreciation and amortization	29.7	31.4	32.7	32.7	65.5	65.5	115	119	120	129
Stock-based compensation	16.1	27.6	18.1	2.58	32.9	2.65	14	17.4	28.4	34.5
Deferred income tax	-4.9	4.77	4.2		0.2		-21.4	-12.3	-26.8	10.9
Change in receivables	-17.3	3.31	19		-53.5		7.8	-13.4	-53.3	-19.4
Change in inventory	-37.8	-25.4	0.9		-16.2		-71.7	-31.6	-32.3	-43.7
Change in payables	5.88	0.84	-14.8		52.4		-11.1	-30.7	22.2	1.4
Cash from operations	109	156	152		180		221	275	294	416
Capital expenditures	-41.3	-37.3	-11.8	-11.8	-29.8	-29.8	-42	-33.2	-49.8	-73.1
Acquisitions		-33.8	0.3		-2,908		27.5	-19.3		-277
Purchases of investments			-100		-30
Sales and maturities of investments			10		121
Cash from investing	-17.1	-62.8	-102		-2,848		-14	-52.2	-49.8	-350
Debt issued		15.4			1,286
Debt repaid	-169		-4.4		-113		-300	-225	-262	-240
Stock issued	23.3	13.6	11.3		606		11.6	20.4	4.5	24.2
Share buybacks	-5.23	-12.2	-6.8		-8.6		-7.7	-11	-9.5
Cash from financing	-113	-20.4	-3.4		2,699		-323	-224	-270	-43.3
Exchange rate effect	-2.4	0.9	0.3		0.5		-1.3	-0.9	-0.1
Net change in cash	-24.3	73.4	47.8		31.8		-118	-1.9	-26.7	20.5
Free cash flow	67.2	118	141		151		179	242	244	343
Interest paid	4.23	1.29	1.1		11.6		69.9	75.7	55.4	48.4
Income taxes paid	22.1	27.1	16.7		17.1		60.4	56.4	101	71.6

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 27, 2026; growth uses fiscal years. Valuation uses the share price of $506.10 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	45.2%	Gross profit / revenue.
Operating margin	23.6%	Operating income / revenue.
EBITDA margin	30.4%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	21.1%	Pre-tax income / revenue.
Net margin	16.4%	Net income / revenue.
FCF margin	19.7%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	23.9%	Cash from operations / revenue.
Effective tax rate	22.1%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	9.3%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	6.2%	Net income / average total assets.
Return on invested capital (ROIC)	8.7%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	16.8%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	1.8%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	4.2%	Capital expenditures / revenue.
D&A / revenue	6.8%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	14.3%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	8.4%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y	14.3%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	11.1%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y	13.8%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	12.8%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y	12.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	10.4%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y	16.8%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	19.9%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y	18.1%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	22.5%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	41.6%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	23.5%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y	40.5%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	24.3%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	10.9%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	9.8%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	9.3%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	3.0%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y	4.2%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	2.9%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.53x	Current assets / current liabilities.
Quick ratio	0.90x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.25x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.23x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	15.5%	Total debt / total assets.
Liabilities / assets	33.4%	Total liabilities / total assets.
Net debt	$681.7M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	1.15x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Working capital	$766.2M	Current assets - current liabilities.
Goodwill and intangibles / assets	64.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	$100.8M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.38x	Revenue / average total assets.
Fixed asset turnover	4.55x	Revenue / average property, plant and equipment.
Inventory turnover	1.38x	Cost of revenue / average inventory.
Days inventory	264 days	365 x average inventory / cost of revenue.
Receivables turnover	5.99x	Revenue / average receivables.
Days sales outstanding	61 days	365 x average receivables / revenue.
Days payables	51 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	274 days	Days inventory + days sales outstanding - days payables.
FCF conversion	120.2%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	17.6%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$10.11	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$61.62	Revenue / diluted weighted shares.
FCF per share	$12.15	Free cash flow / diluted weighted shares.
Operating cash flow per share	$14.74	Cash from operations / diluted weighted shares.
Book value per share	$105.66	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$3.08	Tangible book value / shares outstanding.
Cash per share	$3.80	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$16.02B	Share price x shares outstanding.
Enterprise value	$16.70B	Market cap + total debt - cash - short-term investments.
P/E	50.0x	Market cap / net income. Only when net income is positive.
P/S	8.20x	Market cap / revenue.
P/B	4.63x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	159x	Market cap / tangible book value, when positive.
P/FCF	41.6x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	34.3x	Market cap / cash from operations, when positive.
EV/Sales	8.55x	Enterprise value / revenue.
EV/EBIT	36.3x	Enterprise value / operating income, when both are positive.
EV/EBITDA	28.2x	Enterprise value / EBITDA, when both are positive.
EV/FCF	43.4x	Enterprise value / free cash flow, when both are positive.
FCF yield	2.4%	Free cash flow / market cap.
Earnings yield	2.0%	Net income / market cap (the inverse of P/E).
PEG	2.22x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was RBC Bearings INC's revenue in fiscal 2026?

RBC Bearings INC reported revenue of $1.87B for fiscal 2026, 14.3% higher than the year before.

Was RBC Bearings INC profitable in fiscal 2026?

Yes. Net income was $287.6M, a net margin of 15.4%.

How much free cash flow did RBC Bearings INC generate in fiscal 2026?

Cash from operations of $415.7M minus capital expenditures of $73.1M left free cash flow of $342.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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