Regal Rexnord
RRX · NYSEGeneral Industrial Machinery & Equipment, NEC · Fiscal year ends Dec 31
Regal Rexnord reported revenue of $5.9B in the fiscal year ended Dec 2025, down 1.6% from the year before. Operating income was $681M, an operating margin of 11.5%, and net income was $280M. Operating cash flow of $991M less capital expenditure of $98M left free cash flow of $893M. Net debt was $4.3B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $3.8B | $5.2B | $6.3B | $6B | $5.9B |
| Cost of revenue | $2.7B | $3.5B | $4.2B | $3.8B | $3.7B |
| Gross profit | $1.1B | $1.7B | $2.1B | $2.2B | $2.2B |
| Research & development | $75M | $107M | $171M | $176M | $199M |
| Operating income | $358M | $690M | $377M | $630M | $681M |
| Interest expense | $60M | $87M | $431M | $400M | $349M |
| Pre-tax income | $311M | $614M | −$2M | $248M | $353M |
| Income tax | $75M | $119M | $53M | $50M | $72M |
| Net income | $230M | $489M | −$57M | $196M | $280M |
| Diluted EPS | 4.81 | 7.29 | −0.87 | 2.94 | 4.20 |
| Diluted shares | 48M | 67M | 66M | 67M | 67M |
Balance sheet
| Fiscal year | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $673M | $689M | $574M | $394M | $522M |
| Receivables | $786M | $797M | $922M | $843M | $524M |
| Inventory | $1.2B | $1.3B | $1.3B | $1.2B | $1.3B |
| Current assets | $2.8B | $3B | $3.4B | $2.8B | $2.7B |
| Goodwill | $4B | $4B | $6.6B | $6.5B | $6.6B |
| Total assets | $10.4B | $10.3B | $15.4B | $14B | $13.9B |
| Payables | $644M | $498M | $549M | $543M | $607M |
| Deferred revenue | – | – | – | $0 | $35M |
| Current liabilities | $1.1B | $1B | $1.3B | $1.2B | $1.3B |
| Short-term debt | $5M | $34M | $4M | $5M | $24M |
| Long-term debt | $1.9B | $2B | $6.4B | $5.5B | $4.8B |
| Shareholders' equity | $6.4B | $6.4B | $6.3B | $6.3B | $6.8B |
| Backlog (remaining obligations) | – | – | – | – | $955M |
Cash flow
| Fiscal year | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $358M | $436M | $715M | $609M | $991M |
| Capital expenditure | $55M | $84M | $119M | $110M | $98M |
| Free cash flow | $303M | $352M | $596M | $500M | $893M |
| Depreciation & amortisation | $171M | $307M | $493M | $165M | $155M |
| Stock-based compensation | $25M | $23M | $58M | $35M | $37M |
| Acquisitions | $126M | $35M | $4.9B | $0 | $0 |
| Share buybacks | $26M | $239M | $0 | $50M | $0 |
| Dividends paid | $336M | $91M | $93M | $93M | $93M |
| Dividend per share | 8.28 | 1.38 | 1.38 | 1.40 | 1.40 |
Key ratios
| Fiscal year | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 36.9% | 19.8% | −3.5% | −1.6% |
| Operating income growth (YoY) | – | 92.7% | −45.4% | 67.1% | 8.1% |
| EPS growth (YoY) | – | 51.6% | −111.9% | – | 42.9% |
| Gross margin | 29.2% | 32.0% | 33.1% | 36.3% | 37.4% |
| Operating margin | 9.4% | 13.2% | 6.0% | 10.4% | 11.5% |
| Net margin | 6.0% | 9.4% | −0.9% | 3.3% | 4.7% |
| Return on equityBlank when equity is negative | 3.6% | 7.7% | −0.9% | 3.1% | 4.1% |
| ROCEEBIT ÷ (assets − current liabilities) | 3.9% | 7.5% | 2.7% | 4.9% | 5.4% |
| Free cash flow margin | 8.0% | 6.8% | 9.5% | 8.3% | 15.0% |
| Cash conversion (CFO ÷ net income) | 1.56x | 0.89x | −12.5x | 3.11x | 3.54x |
| Receivable days | 75 | 56 | 54 | 51 | 32 |
| Inventory days | 161 | 138 | 111 | 117 | 130 |
| Payable days | 87 | 51 | 48 | 52 | 60 |
| Interest cover | 5.93x | 7.92x | 0.87x | 1.58x | 1.95x |
| Debt ÷ equity | 0.30x | 0.32x | 1.01x | 0.87x | 0.70x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $1.2B | $1.3B | $5.8B | $5.1B | $4.3B |
| Current ratio | 2.56x | 2.99x | 2.55x | 2.26x | 2.15x |
Recent filings
More in General Industrial Machinery & Equipment, Nec
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.