Loading…
Maker of highly engineered precision bearings and components for aerospace, defense and industrial equipment.
Maker of highly engineered precision bearings and components for aerospace, defense and industrial equipment.
Gets designed into a specific aircraft, defense system or machine, which requires approval for each part, then supplies both the original build and replacement parts for decades. Aerospace and defense demand follows aircraft build rates and military budgets, industrial demand follows factory activity. The 2021 purchase of Dodge, a power-transmission brand, widened its industrial side.
Moat: narrow (customer qualification, process know-how, switching costs). Aerospace/defense parts require lengthy qualification, locking in RBC once designed into a platform.
Headquarters: Oxford, Connecticut, USA · Founded: 1919 · Employees: 5,816
Size RBC Bearings (RBC) is a United States Industrials company (Metal Fabrication) with a market value of $15.0B, the 598th largest of 3,117 United States companies the cockpit tracks. Shares closed at $474.45 on 6 Nov 2026.
Performance Over six months the shares fell 21.7%, against -12.7% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 18 in its peer set.
Growth Revenue grew 17.4% over the last twelve months (peer median +20.8%); the operating margin is 25.9% (peer median 12.1%).
Valuation It trades at 29.6× forward earnings against a peer median of 19.3× (7th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 26% a year for seven years (Req g). Recent delivered growth is +25%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.8 points below its cost of capital (11.5% WACC).
Backlog Backlog (remaining performance obligations) was $1.38B at 26 Sep 2026, up 38% on a year earlier — 0.7 years of trailing revenue. Backlog detail →
Short interest Short interest is 1.7% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.02B | $1.87B | $1.64B | $1.56B | $1.47B |
| Revenue growth | — | +14% | +5% | +6% | — |
| Gross profit | $858M | $743M | $648M | $600M | $536M |
| EBITDA | $658M | $561M | $494M | $466M | $428M |
| Net income | $354M | $288M | $246M | $210M | $167M |
| Free cash flow | $399M | $343M | $244M | $242M | $178M |
| Capital expenditure | $86.3M | $73.1M | $49.8M | $33.2M | $42.0M |
| Total debt | $781M | $991M | $1.03B | $1.29B | $1.49B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| RBC Bearings RBC | $15.0B | -22% | +17% | 26% | 29.6× | 26.0% |
| Timken TKR | $7.07B | -14% | +6% | 15% | 14.5× | 3.7% |
| SKF SKF-A.ST | $12.7B | +18% | -10% | 12% | 16.4× | 5.8% |
| Schaeffler SHA0.DE | $5.83B | -45% | -1% | 2% | 18.4× | 10.7% |
| NSK 6471.T | $2.87B | -27% | +26% | 5% | 12.9× | 1.9% |
| Ntn 6472.T | $1.23B | -15% | +3% | 4% | 13.4× | -2.1% |
| Regal Rexnord RRX | $11.3B | -21% | +5% | 12% | 14.0× | 14.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RBC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.4% | -7.3% | 8th highest of 18 |
| 6-month return | -21.7% | -12.7% | 6th lowest of 18 |
| Distance from 52-week high | -28.9% | -25.5% | 9th lowest of 18 |
| Revenue growth (TTM) | +17.4% | +20.8% | 8th lowest of 18 |
| Operating margin | 25.9% | 12.1% | highest of 18 |
| Forward P/E | 29.6× | 19.3× | 7th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 26.0% | 10.7% | 3rd most demanding of 10 |
| Growth delivered (Del g) | +25.2% | +12.3% | 2nd highest of 10 |
| Hurdle (Req g minus delivered) | +0.8 pp | +1.7 pp | 5th least demanding of 10 |
| ROIC minus cost of capital | -1.8 pp | +2.6 pp | 6th lowest of 18 |
| EV / EBITDA | 23.9× | 11.3× | 3rd most expensive of 10 |
| Net debt / EBITDA | 1.1× | 0.4× | 3rd most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| RBC Bearings RBC | United States | $15.0B | -22% | +17% | 26% | 29.6× | 26.0% | +25.2% |
| SKF SKF-A.ST | Sweden | $12.7B | +18% | -10% | 12% | 16.4× | 5.8% | +4.1% |
| Mueller Industries MLI | United States | $11.5B | -25% | +21% | 20% | 12.0× | 0.0% | +11.7% |
| Bluescope Steel BSL.AX | Australia | $9.53B | +4% | +2% | 6% | 10.3× | 16.7% | +5.3% |
| SSAB SSAB-A.ST | Sweden | $9.31B | +10% | +3% | 8% | 12.2× | n/a | n/a |
| Bharat Forge BHARATFORG.NS | India | $9.01B | -13% | +18% | 11% | 51.4× | 46.3% | +21.6% |
| Anhui Tongguan Copper Foil 301217.SZ | China | $8.60B | -12% | +36% | 5% | 105.6× | n/a | n/a |
| Shandong Hongqiao Aluminum Industry 002379.SZ | China | $28.8B | -41% | +9,614% | 20% | 6.3× | n/a | n/a |
| Valmont Industries VMI | United States | $7.74B | -21% | +5% | 14% | 15.9× | 10.7% | +7.2% |
| Himile Mechanical Science & Technology (Shandong) 002595.SZ | China | $7.40B | -29% | +17% | 20% | 19.8× | 8.4% | +15.9% |
| SFS SFSN.SW | Switzerland | $6.68B | +15% | +2% | 12% | 19.8× | -2.1% | +12.3% |
| Schaeffler India SCHAEFFLER.NS | India | $5.83B | -17% | +23% | 15% | 40.4× | 29.7% | +20.8% |
| Jiujiang Defu Technology 301511.SZ | China | $5.09B | -28% | +69% | 6% | 44.4× | n/a | n/a |
| JL MAG Rare-Earth 6680.HK | Hong Kong | $4.59B | -27% | +46% | 11% | 17.3× | 14.3% | +25.2% |
| POCO 300811.SZ | China | $4.24B | -15% | +48% | 24% | 38.4× | n/a | n/a |
| Hengdian Group DMEGC Magnetics 002056.SZ | China | $4.16B | -9% | +3% | 7% | 14.5× | n/a | n/a |
| PTC Industries PTCIL.NS | India | $4.09B | +45% | +95% | 19% | 174.5× | n/a | n/a |
| Shyam Metalics & Energy SHYAMMETL.NS | India | $3.84B | +47% | +26% | 9% | 19.3× | n/a | n/a |
RBC Bearings reported $1.38B of remaining performance obligations at 26 Sep 2026, up 38% from a year earlier and up 6% from the previous quarter. That is 0.7 years of trailing revenue already under contract. Book-to-bill last quarter: 1.16.