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RBC Bearings Incorporated

Industrials US RBC

244.25USD
-0.64(0.26%)

Last update at 2024-04-25T20:10:00Z

Day Range

241.43244.98
LowHigh

52 Week Range

195.18282.48
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 209.68M 87.72M 110.06M 154.14M 126.09M
Minority interest 6.00M - 4.50M 3.70M 4.60M
Net income 166.66M 54.71M 89.63M 126.04M 105.19M
Selling general administrative 229.69M 158.63M 106.00M 122.83M 117.71M
Selling and marketing expenses - - - - 0.20M
Gross profit 604.75M 357.07M 234.11M 289.10M 276.65M
Reconciled depreciation 115.40M 65.53M 131.40M 134.50M 142.40M
Ebit 170.97M 63.70M 78.75M 124.60M 101.61M
Ebitda 286.37M 129.23M 111.49M 156.02M 131.26M
Depreciation and amortization 115.40M 65.53M 32.74M 31.42M 29.66M
Non operating income net other 10.60M - 10.30M 5.70M 0.40M
Operating income 170.97M 63.70M 78.75M 124.60M 132.03M
Other operating expenses 1094.23M 744.50M 480.88M 560.92M 543.37M
Interest expense 76.69M 41.51M 1.43M 1.89M 5.17M
Tax provision 43.02M 22.65M 56.80M 61.20M 56.40M
Interest income 76.70M 41.51M 5.90M 5.60M 1.90M
Net interest income -76.69500M -41.51000M -33.90000M -47.40000M -53.30000M
Extraordinary items - 0.00000M 0.00000M -0.13500M 22.90M
Non recurring 0.90M - 15.80M 10.00M 18.20M
Other items - - - - -
Income tax expense 43.02M 22.65M 20.43M 28.10M 20.90M
Total revenue 1469.29M 942.94M 608.98M 727.46M 702.52M
Total operating expenses 229.69M 158.63M 106.00M 122.56M 117.50M
Cost of revenue 864.54M 585.87M 374.88M 438.36M 425.86M
Total other income expense net 38.70M 24.02M 31.31M 29.54M -27.88600M
Discontinued operations - - - - -
Net income from continuing ops 494.90M 65.06M 193.80M 242.60M 235.80M
Net income applicable to common shares 488.90M 53.05M 189.30M 238.90M 231.20M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 4690.40M 4845.42M 1434.26M 1321.91M 1147.37M
Intangible assets 1452.90M 1511.52M 154.40M 162.75M 155.64M
Earning assets - - - - -
Other current assets 21.10M 15.75M 12.25M 12.26M 7.66M
Total liab 2154.50M 2473.57M 204.31M 203.91M 178.80M
Total stockholder equity 2535.90M 2371.85M 1229.95M 1118.00M 968.57M
Deferred long term liab 591.90M - 172.00M 173.10M 149.50M
Other current liab 127.60M 121.83M 26.57M 29.46M 29.95M
Common stock 0.30M 0.30M 0.26M 0.26M 0.26M
Capital stock 0.30M 0.34M 0.26M 0.26M 0.26M
Retained earnings 1029.90M 911.91M 858.85M 769.22M 641.89M
Other liab - 388.58M 349.60M 300.90M 295.20M
Good will 1869.80M 1902.10M 277.54M 277.78M 261.43M
Other assets 37.70M 38.29M 60.30M 78.50M 55.90M
Cash 65.40M 182.86M 151.09M 103.25M 29.88M
Cash and equivalents 65.40M 182.86M 151.09M 103.25M 29.88M
Total current liabilities 309.30M 313.46M 88.24M 103.75M 90.13M
Current deferred revenue 20.60M 19.56M 17.00M 11.12M 10.12M
Net debt 1376.30M 1554.08M -99.27100M -51.13900M 13.76M
Short term debt 14.30M 13.46M 8.34M 12.14M 0.47M
Short long term debt 1.50M 1.54M 231.00M 0.60M 0.50M
Short long term debt total 1441.70M 1736.94M 51.81M 52.12M 43.65M
Other stockholder equity 1509.80M 1465.40M 381.25M 355.42M 333.42M
Property plant equipment 416.70M 431.27M 2737.70M 605.00M 615.50M
Total current assets 913.30M 962.24M 728.20M 612.01M 503.28M
Long term investments - - - - -
Net tangible assets 227.60M -1041.81800M 551.00M 333.60M 175.80M
Short term investments - 0.00000M 90.25M 8.80M 6.00M
Net receivables 239.60M 247.49M 110.47M 129.00M 130.74M
Long term debt 1989.70M 1686.80M 840.40M 1136.90M 1306.60M
Inventory 587.20M 516.14M 364.15M 367.49M 335.00M
Accounts payable 146.80M 158.61M 36.34M 51.04M 49.59M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 34.40M - 32.60M 29.30M 28.00M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -4.10000M -5.80000M -10.40900M -6.89800M -7.46700M
Additional paid in capital - - - - -
Common stock total equity 0.70M - 0.40M 0.40M 0.40M
Preferred stock total equity - - - - -
Retained earnings total equity 2130.00M - 2010.70M 1886.70M 1777.90M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -257.40000M 38.29M 30.20M 20.58M 19.12M
Deferred long term asset charges - - - - -
Non current assets total 3777.10M 3883.18M 706.06M 709.91M 644.09M
Capital lease obligations 46.70M 48.60M 76.70M 72.60M -
Long term debt total 1989.70M 1686.80M 840.40M 1136.90M 1306.60M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -14.00000M -2847.47700M -37.00000M 74.30M 0.50M
Change to liabilities -151.10000M 52.37M 42.60M -142.10000M 14.60M
Total cashflows from investing activities -113.30000M -2847.47700M -37.00000M 74.30M -227.90000M
Net borrowings 65.90M 1664.77M -67.70000M -171.00000M 163.20M
Total cash from financing activities -322.80000M 2698.46M -3.36300M -20.36700M -113.28400M
Change to operating activities - 21.62M 82.30M -61.80000M -26.50000M
Net income 166.70M 65.06M 89.63M 126.04M 105.19M
Change in cash -117.50000M 31.78M 47.83M 73.37M -24.27900M
Begin period cash flow 182.90M 151.09M 103.25M 29.88M 54.16M
End period cash flow 65.40M 182.86M 151.09M 103.25M 29.88M
Total cash from operating activities 220.60M 180.29M 152.45M 155.62M 108.55M
Issuance of capital stock 0.00000M 1050.81M - - -
Depreciation 115.40M 65.53M 32.74M 31.42M 29.66M
Other cashflows from investing activities -29.50000M -2817.71800M 10.50M 166.70M -150.80000M
Dividends paid 22.90M 7.09M 48.70M 48.90M 47.20M
Change to inventory -71.70000M -16.15000M 0.91M -25.37100M -37.84100M
Change to account receivables 7.80M -53.48400M 18.97M 3.31M -17.30700M
Sale purchase of stock -7.70000M -8.52600M -6.84500M -12.20900M -5.23200M
Other cashflows from financing activities 11.50M 2223.77M 11.38M 38.14M 171.67M
Change to netincome 26.10M 26.41M 27.90M -22.40000M 36.20M
Capital expenditures 42.00M 29.76M 11.77M 37.30M 41.35M
Change receivables -38.10000M - 29.60M 70.30M -56.50000M
Cash flows other operating -48.20000M - 13.80M 57.00M 32.90M
Exchange rate changes - - - - -8.10000M
Cash and cash equivalents changes 48.70M - 250.80M 85.40M 109.00M
Change in working capital -71.10000M 4.35M 2.97M -28.12400M -57.15400M
Stock based compensation 14.00M 23.93M 21.30M 20.15M 16.09M
Other non cash items 17.00M 22.62M 4.30M -0.36300M 19.67M
Free cash flow 178.60M 150.53M 140.68M 118.32M 67.20M

Fundamentals

  • Previous Close 244.89
  • Market Cap8200.22M
  • Volume99531
  • P/E Ratio49.99
  • Dividend Yield1.76%
  • EBITDA449.20M
  • Revenue TTM1518.70M
  • Revenue Per Share TTM52.66
  • Gross Profit TTM 601.90M
  • Diluted EPS TTM5.64

Peer Comparison

Sector: Industrials Industry: Tools & Accessories

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
RBC
RBC Bearings Incorporated
-0.64 0.26% 244.25 49.99 14.53 5.26 3.03 6.13 21.49
TTNDY
Techtronic Industries Ltd ADR
0.35 0.51% 68.40 22.36 17.42 1.66 3.79 1.85 14.10
TTNDF
Techtronic Industries Company Limited
- -% 13.16 22.09 17.86 1.68 3.77 1.85 14.10
SNA
Snap-On Inc
-3.43 1.25% 270.16 15.75 14.64 2.96 3.10 3.26 10.49
SWK
Stanley Black & Decker Inc
-1.44 1.60% 88.83 - 22.12 0.92 1.58 1.37 31.03

Reports Covered

Stock Research & News

Profile

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications. In addition, it offers mounted bearing products include mounted ball bearings, mounted roller bearings, and mounted plain bearings; and enclosed gearing product lines, including quantis gearmotor, torque arm, tigear, magnagear & maxum, and controlled start transmission. Further, the company produces power transmission components include mechanical drive components, couplings, and conveyor components; engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. It serves automotive, tool holding, agricultural and semiconductor machinery, commercial and defense aerospace, ground defense, construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, food and beverage, packaging and canning, wind, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. The company was founded in 1919 and is headquartered in Oxford, Connecticut.

RBC Bearings Incorporated

One Tribology Center, Oxford, CT, United States, 06478

Key Executives

Name Title Year Born
Dr. Michael J. Hartnett Ph.D. Chairman, Pres & CEO 1946
Mr. Robert M. Sullivan VP & CFO 1984
Mr. Daniel A. Bergeron VP, COO & Director 1960
Mr. Richard J. Edwards VP & GM 1956
Mr. Patrick S. Bannon VP & GM 1965
Mr. John J. Feeney VP, Gen. Counsel & Sec. 1969
Mr. David Gilbert Pres of Dodge Industrial, Inc. NA
Matthew J. Tift Corp. Controller NA

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