RBC Bearings Inc (N:RBC)

Sector:  Industrials Industry:  Industrial Machinery & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: One Tribology Center
OXFORD CT 06478
Tel: N/A
Website: https://www.rbcbearings.com
IR: See website
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Key People
Michael J. Hartnett
Chairman of the Board, President, Chief Executive Officer
Robert M. Sullivan
Chief Financial Officer, Vice President
Daniel A. Bergeron
Chief Operating Officer, Vice President, Director
John J. Feeney
Vice President, General Counsel, Secretary
Richard J. Edwards
Vice President, General Manager
 
Business Overview
RBC Bearings Incorporated is a manufacturer and marketer of engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries. The Company operates through two segments: Aerospace/Defense, and Industrial. The Company's products include plain bearings, roller bearings, ball bearings, mounted bearings, enclosed gearing, motion control components and engineered components. Its plain bearings are primarily used to rectify inevitable misalignments in various mechanical components, such as aircraft controls, helicopter rotors, or heavy mining and construction equipment. Its roller bearings are anti-friction products that utilize cylindrical rolling elements. Its roller bearings include tapered roller bearings, needle roller bearings and needle bearing track rollers and cam followers. Its engineered components consist primarily of engineered hydraulics and valves, fasteners, precision mechanical components and machine tool collets.
Financial Overview
For the nine months ended 30 December 2023, RBC Bearings Inc revenues increased 7% to $1.15B. Net income applicable to common stockholders increased 31% to $131M. Revenues reflect Industrial segment increase from $246.1M to $769.6M, Aerospace/Defense segment increase from $105.5M to $377M. Net income benefited from Industrial segment income increase from $59.3M to $199.9M, Aerospace/Defense segment income increase from $32.1M to $115.1M.
Employees: 3,670 as of Apr 1, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $9,128M as of Dec 30, 2023
Annual revenue (TTM): $1,541M as of Dec 30, 2023
EBITDA (TTM): $456.41M as of Dec 30, 2023
Net annual income (TTM): $174.48M as of Dec 30, 2023
Free cash flow (TTM): $207.47M as of Dec 30, 2023
Net Debt Last Fiscal Year: $1,198M as of Dec 30, 2023
Shares outstanding: 29,181,921 as of Feb 2, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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