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Maker of electric motors, power-transmission components and automation products for industrial equipment.
Maker of electric motors, power-transmission components and automation products for industrial equipment.
Sells motors and drive parts both into new equipment and as replacements through industrial distributors, so a steady aftermarket supports the swings in equipment orders. The 2021 combination of Regal Beloit and Rexnord's power transmission business created the present company, and acquisitions have been part of the model since.
Moat: narrow (brand, distribution, installed base). Broad distribution network and long-standing OEM design-in relationships across niches.
Headquarters: Milwaukee, Wisconsin, US · Founded: 1955 · Employees: 29,200
Size Regal Rexnord (RRX) is a United States Industrials company (Electrical Products) with a market value of $11.3B, the 725th largest of 3,117 United States companies the cockpit tracks. Shares closed at $169.07 on 6 Nov 2026.
Performance Over six months the shares fell 21.1%, against -21.4% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 20 in its peer set.
Growth Revenue grew 4.7% over the last twelve months (peer median +13.3%); the operating margin is 12.2% (peer median 13.2%).
Valuation It trades at 14.0× forward earnings against a peer median of 18.2× (5th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 14% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.5 points below its cost of capital (8.9% WACC).
Backlog Backlog (remaining performance obligations) was $813M at 30 Sep 2026 — 0.1 years of trailing revenue. Backlog detail →
Credit Regal Rexnord has 3 bonds outstanding ($3.60B), rated BB+ by the agencies and trading like BBB at a weighted spread of 99 bp.
Short interest Short interest is 4.3% of the free float (15 Oct 2026).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.15B | $5.93B | $6.03B | $6.25B | $5.22B |
| Revenue growth | — | -2% | -3% | +20% | — |
| Gross profit | $2.33B | $2.24B | $2.20B | $2.11B | $1.70B |
| EBITDA | $1.25B | $1.21B | $1.20B | $1.14B | $1.06B |
| Net income | $232M | $280M | $196M | -$57.4M | $489M |
| Free cash flow | $481M | $888M | $500M | $545M | $312M |
| Capital expenditure | $93.2M | $97.7M | $110M | $119M | $83.8M |
| Total debt | $4.60B | $4.94B | $5.61B | $6.55B | $2.14B |
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 |
|---|---|---|---|---|---|---|
| Regal Rexnord RRX | $11.3B | -21% | +5% | 12% | 14.0× | 14.0% |
| ABB ABBN.SW | $147B | -17% | +1% | 18% | 24.5× | 4.3% |
| Timken TKR | $7.07B | -14% | +6% | 15% | 14.5× | 3.7% |
| Gates Industrial GTES | $6.05B | -8% | +4% | 16% | 12.8× | 9.7% |
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 | RRX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.7% | -15.8% | 3rd highest of 21 |
| 6-month return | -21.1% | -21.4% | 10th highest of 20 |
| Distance from 52-week high | -31.8% | -40.2% | 10th highest of 21 |
| Revenue growth (TTM) | +4.7% | +13.3% | 5th lowest of 20 |
| Operating margin | 12.2% | 13.2% | 9th lowest of 20 |
| Forward P/E | 14.0× | 18.2× | 5th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 14.0% | 7.5% | 6th most demanding of 17 |
| Growth delivered (Del g) | +15.3% | +10.9% | 5th highest of 16 |
| Hurdle (Req g minus delivered) | -1.3 pp | -0.4 pp | 8th least demanding of 16 |
| ROIC minus cost of capital | -3.5 pp | +10.8 pp | 2nd lowest of 19 |
| EV / EBITDA | 12.4× | 15.5× | 4th cheapest of 12 |
| Net debt / EBITDA | 3.3× | -0.1× | most indebted of 12 |
| Bond spread | 99 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Regal Rexnord RRX | United States | $11.3B | -21% | +5% | 12% | 14.0× | 14.0% | +15.3% |
| Nordex NDX1.DE | Germany | $11.4B | -7% | +12% | 8% | 19.6× | 3.7% | +10.2% |
| GE Vernova T&D India GVT&D.NS | India | $10.9B | -16% | +41% | 26% | 62.7× | 45.7% | +12.4% |
| Jiangsu Zhongtian Technology 600522.SS | China | $11.7B | -30% | +22% | 8% | 11.6× | 4.1% | +4.5% |
| Hyosung Heavy 298040.KS | South Korea | $10.8B | -60% | +13% | 13% | 18.9× | 13.5% | +14.9% |
| Nidec 6594.T | Japan | $11.7B | -33% | +4% | -22% | 11.5× | 8.4% | +10.9% |
| Siemens Energy India ENRIN.NS | India | $10.6B | -11% | n/a | 20% | 60.1× | 27.3% | n/a |
| Shanghai Electric 2727.HK | Hong Kong | $12.2B | -40% | +22% | n/a | 21.7× | -2.8% | -2.3% |
| Generac GNRC | United States | $10.4B | -34% | +6% | 13% | 14.6× | 20.1% | +11.1% |
| Kingboard Laminates 1888.HK | Hong Kong | $12.2B | -26% | +32% | 21% | 10.8× | n/a | n/a |
| Goneo Group Co., Ltd.Class A 603195.SS | China | $10.4B | -15% | -2% | 25% | 17.4× | -2.1% | +9.8% |
| Innio INIO | United States | $10.3B | n/a | +22% | 13% | 17.5× | 6.5% | +22.1% |
| China Shipbuilding Industry Group Power 600482.SS | China | $10.3B | -21% | +13% | 7% | 23.4× | -19.6% | +16.5% |
| Polycab India POLYCAB.NS | India | $12.5B | -13% | +41% | 13% | 33.8× | n/a | n/a |
| Ls Electric 010120.KS | South Korea | $12.8B | -58% | +32% | 10% | 31.6× | 21.9% | +15.6% |
| Dongfang Electric 600875.SS | China | $12.9B | -42% | +2% | 5% | 16.1× | n/a | n/a |
| CG Power & Industrial Solutions CGPOWER.NS | India | $12.9B | -10% | +24% | 12% | 72.3× | n/a | n/a |
| Hd Hyundai Electric 267260.KS | South Korea | $9.71B | -71% | +21% | 25% | 15.0× | 0.7% | +17.6% |
| Fuji Electric 6504.T | Japan | $9.68B | -18% | +9% | 12% | 13.1× | 11.3% | +7.0% |
| Acuity AYI | United States | $9.59B | +10% | +7% | 16% | 15.1× | 6.6% | +6.0% |
| Smiths SMIN.L | United Kingdom | $9.45B | +5% | -34% | 16% | 22.6× | 15.2% | -4.2% |
Regal Rexnord has 3 bonds outstanding with $3.60B face value. The agencies rate it BB+; its bonds trade like BBB. Weighted yield 5.52%, a spread of 99 bp over government bonds.
Regal Rexnord reported $813M of remaining performance obligations at 30 Sep 2026 and down 8% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 0.95.