RBC Bearings
RBC · NYSEBall & Roller Bearings · Fiscal year ends Mar 29
RBC Bearings reported revenue of $1.9B in the fiscal year ended Mar 2026, up 14.3% from the year before. Operating income was $421M, an operating margin of 22.5%, and net income was $288M. Net debt was $818M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Apr 2022 | Apr 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | $943M | $1.5B | $1.6B | $1.6B | $1.9B |
| Cost of revenue | – | $865M | $890M | $910M | $1B |
| Gross profit | $357M | $605M | $671M | $726M | $830M |
| Research & development | – | $32M | $33M | $33M | $34M |
| Selling, general & admin | – | $230M | $254M | $279M | $316M |
| Operating income | – | $293M | $342M | $370M | $421M |
| Interest expense | – | $77M | −$79M | −$60M | −$50M |
| Pre-tax income | $79M | $210M | $262M | $312M | $369M |
| Income tax | $24M | $43M | $52M | $66M | $82M |
| Net income | – | $167M | $210M | $246M | $288M |
| Diluted EPS | – | 4.94 | 6.41 | 7.70 | 9.09 |
| Diluted shares | – | 29M | 29M | 30M | 32M |
Balance sheet
| Fiscal year | Apr 2022 | Apr 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | – | $65M | $64M | $37M | $57M |
| Receivables | – | $240M | $255M | $308M | $341M |
| Inventory | – | $587M | $623M | $655M | $763M |
| Current assets | – | $913M | $966M | $1B | $1.2B |
| Net PP&E | – | $375M | $361M | $359M | $419M |
| Goodwill | – | $1.9B | $1.9B | $1.9B | $2B |
| Total assets | $4.8B | $4.7B | $4.7B | $4.7B | $5.1B |
| Payables | – | $147M | $116M | $138M | $147M |
| Deferred revenue | – | $21M | $23M | $33M | $59M |
| Current liabilities | – | $309M | $294M | $315M | $546M |
| Short-term debt | – | $2M | $4M | $2M | $174M |
| Long-term debt | – | $1.4B | $1.2B | $918M | $702M |
| Total liabilities | – | $2.2B | $1.9B | $1.7B | $1.8B |
| Shareholders' equity | – | $2.5B | $2.8B | $3B | $3.4B |
| Backlog (remaining obligations) | – | $392M | $464M | $542M | $1.3B |
Cash flow
| Fiscal year | Apr 2022 | Apr 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating cash flow | – | $221M | $275M | $294M | $416M |
| Capital expenditure | $30M | $42M | – | – | – |
| Free cash flow | – | $179M | – | – | – |
| Depreciation & amortisation | $66M | $115M | $119M | $120M | $129M |
| Stock-based compensation | $3M | $14M | $17M | $28M | $35M |
| Acquisitions | – | −$28M | $19M | – | $277M |
| Share buybacks | – | $8M | $11M | $10M | – |
Key ratios
| Fiscal year | Apr 2022 | Apr 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 55.8% | 6.2% | 4.9% | 14.3% |
| Operating income growth (YoY) | – | – | 16.8% | 8.1% | 13.8% |
| EPS growth (YoY) | – | – | 29.8% | 20.1% | 18.1% |
| Gross margin | 37.9% | 41.2% | 43.0% | 44.4% | 44.4% |
| Operating margin | – | 19.9% | 21.9% | 22.6% | 22.5% |
| Net margin | – | 11.3% | 13.5% | 15.0% | 15.4% |
| Return on equityBlank when equity is negative | – | 6.6% | 7.6% | 8.1% | 8.6% |
| ROCEEBIT ÷ (assets − current liabilities) | – | 6.7% | 7.8% | 8.5% | 9.2% |
| Free cash flow margin | – | 12.2% | – | – | – |
| Cash conversion (CFO ÷ net income) | – | 1.32x | 1.31x | 1.19x | 1.45x |
| Receivable days | – | 60 | 60 | 69 | 66 |
| Inventory days | – | 248 | 255 | 262 | 268 |
| Payable days | – | 62 | 48 | 55 | 52 |
| Interest cover | – | 3.82x | −4.35x | −6.19x | −8.45x |
| Debt ÷ equity | – | 0.55x | 0.43x | 0.30x | 0.26x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | – | $1.3B | $1.1B | $883M | $818M |
| Current ratio | – | 2.95x | 3.28x | 3.26x | 2.18x |
Recent filings
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.