R
RBC Bearings INC
RBCCIK 0001324948NYSELarge AcceleratedBall & Roller BearingsFY ends Mar 29
Period
FY 2026
Revenue
$1.87B
Net Income
$287.60M
Total Assets
$5.12B
Equity
$3.36B
Shares Out
31.64M
Op. Cash Flow
$415.70M
Business
RBC Bearings Incorporated manufactures and markets highly engineered precision bearings, components and essential systems for the aerospace, defense and industrial markets. It produces plain, roller, ball and mounted bearings, enclosed gearing, motion-control components and engineered hydraulics, valves, fasteners and precision mechanical components. The company operates through two reportable segments—Industrial and Aerospace/Defense—aligned with end markets and evaluated by its chief operating decision maker. It distributes products via a global direct sales force and a network of industrial and aerospace distributors in North America, Europe, Asia, Australia and Latin America.
Summary from filing dated 2025-05-16
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | Mar 28, 2026 2026-03-28 | Mar 29, 2025 2025-03-29 | Mar 30, 2024 2024-03-30 |
|---|---|---|---|---|
| Net sales | 1,871 | 1,636 | 1,560 | |
| Cost of sales | 1,041 | 910 | 890 | |
| Gross margin | 830 | 726 | 671 | |
| Operating expenses: | — | — | — | |
| Selling, general and administrative | 316 | 279 | 254 | |
| Other, net | 93 | 77 | 75 | |
| Total operating expenses | 409 | 356 | 328 | |
| Operating income | 421 | 370 | 342 | |
| Interest expense, net | 50 | 60 | 79 | |
| Other non-operating expense/(income) | −2 | 2 | −2 | |
| Income before income taxes | 369 | 312 | 262 | |
| Provision for income taxes | 82 | 66 | 52 | |
| Net income | 288 | 246 | 210 | |
| Preferred stock dividends | — | 12 | 23 | |
| Net income attributable to common stockholders | 288 | 234 | 187 | |
| Net income per common share attributable to common stockholders: | — | — | — | |
| Basic (in Dollars per share) | 9.14 | 7.76 | 6.47 | |
| Diluted (in Dollars per share) | 9.09 | 7.7 | 6.41 | |
| Weighted average common shares: | — | — | — | |
| Basic (in Shares) | 31 | 30 | 29 | |
| Diluted (in Shares) | 32 | 30 | 29 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | Mar 28, 2026 2026-03-28 | Mar 29, 2025 2025-03-29 |
|---|---|---|---|
| ASSETS | — | — | |
| Current assets: | — | — | |
| Cash | 57 | 37 | |
| Accounts receivable, net of allowance for credit losses of $6.3 at March 28, 2026 and $5.4 at March 29, 2025 | 341 | 308 | |
| Inventory, net | 763 | 655 | |
| Prepaid expenses and other current assets | 29 | 28 | |
| Total current assets | 1,190 | 1,027 | |
| Property, plant and equipment, net | 419 | 359 | |
| Operating lease assets | 69 | 59 | |
| Goodwill | 2,003 | 1,872 | |
| Intangible assets, net | 1,378 | 1,325 | |
| Other noncurrent assets | 64 | 43 | |
| Total assets | 5,123 | 4,685 | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | — | — | |
| Current liabilities: | — | — | |
| Accounts payable | 147 | 138 | |
| Accrued expenses and other current liabilities | 215 | 166 | |
| Current operating lease liabilities | 11 | 9 | |
| Current portion of long-term debt | 174 | 2 | |
| Total current liabilities | 546 | 315 | |
| Long-term debt, less current portion | 702 | 918 | |
| Noncurrent operating lease liabilities | 59 | 50 | |
| Deferred income taxes | 267 | 258 | |
| Other noncurrent liabilities | 188 | 112 | |
| Total liabilities | 1,762 | 1,654 | |
| Commitments and contingencies (Note 17) | — | — | |
| Stockholders’ equity: | — | — | |
| Preferred stock, $.01 par value per share; authorized shares: 10,000,000 as of March 28, 2026 and March 29, 2025; issued shares: 0 as of March 28, 2026 and March 29, 2025 | — | — | |
| Common stock, $.01 par value per share; authorized shares: 60,000,000 at March 28, 2026 and March 29, 2025; issued shares: 32,720,037 and 32,522,189 at March 28, 2026 and March 29, 2025, respectively | 300,000 | 300,000 | |
| Additional paid-in capital | 1,735 | 1,683 | |
| Accumulated other comprehensive income/(loss) | 2 | −1 | |
| Retained earnings | 1,738 | 1,451 | |
| Treasury stock, at cost, 1,084,772 shares and 1,046,569 shares at March 28, 2026 and March 29, 2025, respectively | 115 | 101 | |
| Total stockholders’ equity | 3,361 | 3,031 | |
| Total liabilities and stockholders’ equity | 5,123 | 4,685 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | Mar 28, 2026 2026-03-28 | Mar 29, 2025 2025-03-29 | Mar 30, 2024 2024-03-30 |
|---|---|---|---|---|
| Cash flows from operating activities: | — | — | — | |
| Net income | 288 | 246 | 210 | |
| Adjustments to reconcile net income to net cash provided by operating activities: | — | — | — | |
| Depreciation and amortization | 129 | 120 | 119 | |
| Deferred income taxes | 11 | −27 | −12 | |
| Amortization of deferred financing costs | 3 | 2 | 3 | |
| Stock-based compensation | 35 | 28 | 17 | |
| Noncash operating lease expense | 7 | 6 | 7 | |
| Loss on disposition of assets | −600,000 | −400,000 | −600,000 | |
| Restructuring and other noncash charges | 3 | 500,000 | 3 | |
| Changes in operating assets and liabilities, net of acquisitions: | — | — | — | |
| Accounts receivable | 19 | 53 | 13 | |
| Inventory | 44 | 32 | 32 | |
| Prepaid expenses and other current assets | −11 | 4 | 2 | |
| Other noncurrent assets | 17 | −500,000 | 3 | |
| Accounts payable | 1 | 22 | −31 | |
| Accrued expenses and other current liabilities | −16 | −2 | 9 | |
| Other noncurrent liabilities | 24 | −15 | −500,000 | |
| Net cash provided by operating activities | 416 | 294 | 275 | |
| Cash flows from investing activities: | — | — | — | |
| Capital expenditures | 73 | 50 | 33 | |
| Proceeds from sale of assets | 100,000 | 0 | 300,000 | |
| Acquisition of businesses | 277 | — | 19 | |
| Net cash used in investing activities | −350 | −50 | −52 | |
| Cash flows from financing activities: | — | — | — | |
| Proceeds received from revolving credit facilities | 200 | 67 | 20 | |
| Repayments of revolving credit facilities | 5 | 82 | — | |
| Repayments of term loans | 240 | 262 | 225 | |
| Repayments of notes payable | 2 | 2 | 2 | |
| Finance fees paid in connection with credit facilities | 2 | — | — | |
| Proceeds from mortgage | — | 5 | — | |
| Principal payments on finance lease obligations | 5 | 4 | 4 | |
| Preferred stock dividends paid | — | 17 | 23 | |
| Exercise of equity awards | 24 | 35 | 20 | |
| Tax withholding for common stock issued under equity incentive plans | 14 | 10 | 11 | |
| Net cash used in financing activities | −43 | −270 | −224 | |
| Effect of exchange rate changes on cash | −2 | −100,000 | −900,000 | |
| Cash: | — | — | — | |
| Increase/(decrease) during the year | 21 | −27 | −2 | |
| Cash, at end of year | — | — | — | |
| Cash, at end of year | — | — | — | |
| Supplemental disclosures of cash flow information: | — | — | — | |
| Cash paid for: | — | — | — | |
| Income taxes | 72 | 101 | 56 | |
| Interest | 48 | 55 | 76 |
Filings
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