RBC Bearings Incorporated

Ball & Roller Bearings

RBCMixed9 of 11 basics passed

$503.68

+2.58%

Market cap $15.9B

$503.68

+2.58%

Market cap $15.9B

RBC Bearings is an international manufacturer and marketer of engineered precision bearings, components, and essential systems for the industrial, defense, and aerospace industries. The offering includes plain bearings, roller bearings, ball bearings, and engineered products.

It is a $15.9B industrial company. Revenue grew 17.3% over the last year, it keeps 16¢ of every dollar of sales as profit, and its net debt equals ~2.4 years of free cash flow. It trades at 49.7× earnings — around the middle of its own history.

Website: rbcbearings.com
Location: Oxford, CT
Employees: 5 816
Sector: Industrials

Share price · 3 years

$240.68 → $503.68+109.3%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $1.95B
Profit: keeps 16¢ of every $1 sold; $321M
Free cash flow: cash left after running the business; $385M
Net debt: debt minus cash on hand; $934M
P/E: years of profit in the price; 49.7
EPS: earnings per share, TTM; $10.13
Dividend: pays out 10% of profit · 3% of FCF; 0.07%
Shares: up 35% since 2016 — dilution; 31.6M
Volatility: beta vs the market — under 1 swings less; 1.37

Revenue, last 10 years

52-week range

Low $369.71$503.68High $648.89

Today's price is 48% of the way from the year's low to its high.

P/E vs its history5y

49.7×median 57.5×

Higher than 38% of past days — around the middle of its own history.

Valuation vs own history

P/E

49.7×

62%

P/S

8.2×

93%

EV/EBITDA

36.2×

67%

P/B

4.6×

16%

FCF yield

2.4%

94%

Share of the last ~5 years that was pricier than today (cheaper than usual). Based on the daily valuation record.

Standing in Industrials

Size$15.9Btop 60%
Revenue growth+8%top 28%
Net margin16%top 16%
Return on equity10%top 84%
P/E49.7×top 90%
Dividend yield0.07%top 98%

Ranked against 130 Industrials companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong growth; Valuation lags behind.

Valuation42

P/E vs own history38th pct · 20/25
FCF yield2.4% · 5/25
P/S8.2x · 12/25
EV/EBITDA30.5x · 5/25

Growth95

Revenue CAGR18.7% · 20/25
Net income CAGR61.1% · 25/25
EPS CAGR ~5Y20.5% · 25/25
Fwd implied growth47.6% · 25/25

Profitability57

ROIC6.7% · 5/25
ROE9.7% · 12/25
Net margin16.4% · 20/25
Operating margin23.6% · 20/25

Health55

Altman Zn/a · 0/25
Current ratio2.53 · 25/25
Interest coverage8.4x · 18/25
Net cash / debtD/A 18% · 12/25

Quality72

Piotroski F7/9 · 22/25
Beneish Mn/a · 0/25
FCF conversion123% · 25/25
Margin stabilityσ 2.9% · 25/25

Moat50

ROIC >12% years1/10 yrs · 0/25
Median gross margin39.1% · 13/25
FCF-positive years10/10 yrs · 25/25
Worst-year net marginworst 4.5% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2026Financial
Best year on record
$288M net income
FY2023Financial
Revenue crossed $1B
$1.47B for the year
FY2020Financial
Became debt-free
cash now exceeds total debt
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Positive free cash flow every year since
10-year streak

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$33 929 today — price return only

$1.9B revenue in FY2026

Revenue up 17.3% year over year

Profitable 10 years in a row

Positive free cash flow 10 years in a row

5 816 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

High gross margin (45.2%)
Revenue growing 17.3% year over year
Strong cash conversion — FCF is 19.7% of revenue
Interest covered 8.4× by operating earnings
Piotroski F-Score 7/9 — fundamentally strong checklist

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed

Revenue growing — the company sells more than a year ago+17.3% YoY
Profitable — makes more than it spends$321M TTM
Profit growing — earnings are higher than last year+16.6% YoY
Generates cash — cash left after running and investing$385M TTM
Debt under control — could handle its obligations~2.4y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$15.9B market cap
Not printing shares — share count not ballooning — you keep your slice+26.3% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 43/100
Pays a dividend — returns cash to shareholdersyield 0.07%
Valuation not extreme — price not wildly above earningsP/E 49.7

Peer comparisonRBC Bearings Incorporated vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
RBC this company	$15.9B	49.7	+17.3%	16.4%	Mixed
LRCX Lam Research Corp	$399.2B	54.9	+26.0%	31.3%	Strong
CAT Caterpillar Inc.	$368.0B	33.9	+18.4%	14.5%	Solid
RTX RTX Corporation	$251.3B	32.4	+11.8%	8.3%	Strained
DE Deere & Company	$167.7B	34.4	+8.3%	10.2%	Solid
ETN Eaton Corporation, plc	$167.2B	43.6	+15.5%	12.8%	Mixed
UNP Union Pacific Corp.	$166.8B	22.6	+4.2%	28.8%	Strained

Head-to-head: RBC vs LRCX · RBC vs CAT · RBC vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 3Buy 7Hold 2

Appendix · Financial records

The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.

Profit & lossRevenue $1.95B · net income $321M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2026 revenue flows to profit

RevenueNet income

Revenue (TTM)

$1.95B

YoY 17.3%

Net income (TTM)

$321M

Margin 16.4%

Gross margin

45.2%

Operating margin

23.6%

P/E ratio

49.7

Dividend yield

0.07%

Income statement — full detail

Figures in USD billions · EPS in USD

	2021	2022	2023	2024	2025	2026
Revenue	0.6	0.9	1.5	1.6	1.6	1.9
Gross profit	0.2	0.4	0.6	0.7	0.7	0.8
Operating income (EBIT)	0.1	0.1	0.3	0.3	0.4	0.4
Net income	0.1	0.0	0.1	0.2	0.2	0.3
EPS (diluted)	3.58	1.56	4.94	7.19	8.11	9.09

Cash flowFree cash flow $385M · operating cash flow $468M (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$385M

Margin 19.7%

Operating cash flow (TTM)

$468M

FCF margin

21.1%

Cash flow statement — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Operating cash flow	0.2	0.2	0.2	0.3	0.3	0.4
Capital expenditure	-0.0	-0.0	-0.0	-0.0	-0.0	-0.1
Free cash flow	0.1	0.2	0.2	0.2	0.2	0.3
FCF margin	23.1%	16.0%	12.2%	15.5%	14.9%	18.3%

Balance sheetAssets $5.12B · net debt $934M (FY2026)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $5.12B of assets is financed

34%

66%

Liabilities $1.76B — borrowed moneyEquity $3.36B — owners' stake

Cash vs debt

Total debt $991M − cash $57.3M = net debt $934M

Cash on hand covers 6% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

8.4x

EBIT ÷ interest expense

ROE

9.7%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Cash & equivalents	0.2	0.2	0.1	0.1	0.0	0.1
Total assets	1.4	4.8	4.7	4.7	4.7	5.1
Total liabilities	0.2	2.5	2.2	1.9	1.7	1.8
Total debt	0.0	1.8	1.5	1.3	0.9	1.0
Equity	1.2	2.4	2.5	2.8	3.0	3.4
Net debt	-0.2	1.6	1.4	1.2	0.9	0.9

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of RBC on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $503.68 · market cap $15.9B.