Logo

RBC

RBC Bearings Incorporated

RBC

RBC Bearings Incorporated • NYSE
$444.97 ▲ 0.38% (+1.68)
Market Cap $14.07 B
52w High $449.60
52w Low $290.56
Dividend Yield 0%
P/E 54.07
Volume 40.84K
Outstanding Shares 31.61M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $455.3M ▲ $102.8M ▲ $60M ▼ 13.178% ▼ $2.17 ▼ $126.4M ▼
Q1-2026 $436M ▼ $94.1M ▲ $68.5M ▼ 15.711% ▼ $2.18 ▼ $129.5M ▼
Q4-2025 $437.7M ▲ $92.7M ▲ $72.7M ▲ 16.61% ▲ $2.32 ▲ $130.8M ▲
Q3-2025 $394.4M ▼ $89.3M ▲ $57.9M ▲ 14.681% ▲ $1.83 ▲ $118.6M ▲
Q2-2025 $397.9M $87.7M $54.2M 13.622% $1.67 $115.2M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $91.2M ▼ $5.111B ▲ $1.924B ▲ $3.187B ▲
Q1-2026 $132.9M ▲ $4.79B ▲ $1.673B ▲ $3.116B ▲
Q4-2025 $36.8M ▼ $4.685B ▲ $1.654B ▼ $3.031B ▲
Q3-2025 $60.6M ▼ $4.666B ▼ $1.726B ▼ $2.939B ▲
Q2-2025 $89.1M $4.713B $1.829B $2.883B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $60M ▼ $88.4M ▼ $-291.7M ▼ $161.9M ▲ $-41.7M ▼ $71.7M ▼
Q1-2026 $68.5M ▼ $120M ▲ $-15.7M ▼ $-7.9M ▲ $96.1M ▲ $104.3M ▲
Q4-2025 $72.7M ▲ $69.2M ▼ $-14.2M ▼ $-79.1M ▲ $-23.8M ▲ $55M ▼
Q3-2025 $57.9M ▲ $84M ▲ $-10.4M ▲ $-102.3M ▼ $-28.5M ▼ $73.6M ▲
Q2-2025 $54.2M $43M $-16.2M $-14.3M $12.3M $26.8M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Industrial Member
Industrial Member
 $250.00M ▲$280.00M ▲$270.00M ▼$260.00M ▼

Five-Year Company Overview

Income Statement

Income Statement RBC’s income statement shows a business that has scaled up significantly while maintaining strong profitability. Revenue has grown steadily over several years, with a noticeable step-up after its major acquisitions, and it continues to edge higher. Profit margins look healthy: gross profit, operating profit, and EBITDA have all risen in line with sales, indicating good pricing power and cost control. Net income and earnings per share have climbed meaningfully over time, even after the dilution and integration effects from acquisitions. Overall, the company appears to have moved from being a smaller specialized producer to a larger, more profitable platform while keeping its core economics attractive.

Balance Sheet

Balance Sheet The balance sheet tells the story of an acquisitive company that is gradually de-risking. Total assets are sizable and fairly stable in recent years, reflecting a mature asset base built partly through deals. Debt increased sharply when RBC expanded, but it has been brought down steadily since, suggesting management is focused on deleveraging. Equity has been rising, which points to retained earnings and a stronger capital base. The main watchpoint is that cash on hand is relatively low compared with total debt, so the company relies more on consistent cash generation and credit access than on a large cash buffer. Still, the trend of falling leverage and growing equity is reassuring from a balance-sheet strength perspective.

Cash Flow

Cash Flow Cash flow looks solid and improving. Operating cash flow has grown alongside earnings, showing that reported profits are largely backed by real cash coming in the door. Capital spending is relatively modest compared with cash from operations, so the business does not appear overly capital-hungry. As a result, free cash flow has been consistently positive and has trended upward, giving the company room to pay down debt, fund smaller investments, and maintain flexibility. The key is that RBC appears to convert a good portion of its profits into usable cash, which helps offset the risk from its higher debt load and lower cash balance.

Competitive Edge

Competitive Edge RBC has carved out a strong competitive position in specialized, high-performance bearings and related components. Rather than competing on low price in commoditized markets, it focuses on demanding applications in aerospace, defense, and industrial niches where reliability is critical and failure is extremely costly. Many of its parts are sole- or single-sourced on long-life platforms, which makes it hard and expensive for customers to switch suppliers once RBC is designed in. This creates customer stickiness and supports premium pricing. Its reputation for engineering expertise, quality, and custom solutions deepens relationships and serves as a barrier to entry for more generic competitors. Acquisitions have broadened its product range and end-market exposure, reinforcing that competitive moat.

Innovation and R&D

Innovation and R&D Innovation is central to RBC’s strategy and moat. The company has a long history of developing specialized technologies, such as self-lubricating spherical bearings and proprietary liners that perform in extreme conditions or hard-to-service locations. It invests in advanced materials, coatings, and in-house processes that let it tailor products to very specific customer needs, rather than just selling standard catalog items. Vertical integration in special processes gives it tighter quality control and differentiation. Recent acquisitions have added new technologies in mechanical power transmission, valves, and filtration for aerospace and defense. Looking ahead, there is room to build on this base with smart or sensor-enabled products and by deepening its materials science edge, especially as customers demand more data and durability from mission-critical components.

Summary

RBC Bearings today looks like a scaled, specialized industrial company with attractive economics, anchored by a deep engineering focus and strong positioning in demanding end markets. The income statement shows robust growth and solid margins, the balance sheet reflects past acquisition-driven leverage that is now being worked down, and the cash flow profile is healthy with good conversion of earnings into free cash. Its competitive position benefits from high switching costs, niche focus, and a reputation for quality in critical applications, all supported by ongoing innovation in materials and design. Main points to watch include its dependence on aerospace and defense cycles, integration and synergy realization from acquisitions, and the balance between continued investment in innovation and further reduction of leverage. Overall, the business profile is that of a niche industrial platform with a defensible moat and a clear emphasis on engineering-driven value rather than pure volume or price competition.

NEWS

October 31, 2025 · 8:00 AM UTC

RBC Bearings Incorporated Announces Fiscal Second Quarter 2026 Results

Read more

October 13, 2025 · 4:00 PM UTC

RBC Bearings to Webcast Second Quarter Fiscal Year 2026 Earnings Conference Call October 31st

Read more