Is the business good?
How good a business is RBC?
RBC Bearings Incorporated earns 8.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
8.0%
Return on invested capital · cost of capital 9.0% · 1.0 points below what the capital costs: growth destroys value
- Operating margin
- 23%
Operating margin · Tools & Accessories median 11% · 12 months to Q4 2026
- Cash conversion
- 1.19×
Cash conversion · 0.99× a year ago · every dollar of reported profit arrived as cash, and more
- Gross margin
- 44%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | 19% |
| FY2022 | 13% |
| FY2023 | 20% |
| FY2024 | 22% |
| FY2025 | 23% |
| FY2026 | 23% |
Details›
- Gross margin12 months to Q4 2026
- 44%
- Operating margin12 months to Q4 2026
- 23%
- Net margin12 months to Q4 2026
- 15%
- Free cash flow margin
- 18%
- Revenue, trailing twelve months
- $1.87B
- Free cash flow, trailing twelve months
- $343M
- Net income, trailing twelve months
- $288M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 8.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Tools & Accessories
Ranks #4 of 8 by Smart Score