RBCRBC Bearings INC
Ball & Roller Bearings
- Revenue
- $1.9B
- 14% YoY
- Operating margin
- 22.5%
- 0.5% YoY
- EBITDA
- $550M
- 12% YoY
- Market cap
- $15.1B
- Employees
- 5,816
- $322K revenue each
- Net debt / EBITDA
- 1.1×
- $621M net debt
- AI in 10-K
- 1.4
- mentions per 10K words
Takeover score 0 of 13
Fixable underperformance 0 of 7
- TSR below peersNo2 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$19M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo145% of net incomeCash flow under 80% of net income
- Dilutive SBCNo2% of revenueOver 10% of revenue
- Payouts exceed cash flowNo2% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo39% of assetsOver 40% of assets
- Shareholder dissentNo96% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo$322K · 26th pctBottom quartile of its SIC industry
- Quiet on AINo1.4 per 10K words · 44th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo1.1× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$15.1B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$5M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $943M | $1.5B | $1.6B | $1.6B | $1.9B | 14% |
| Operating income | $121M | $293M | $342M | $370M | $421M | 14% |
| Net income | $55M | $167M | $210M | $246M | $288M | 17% |
| Operating cash flow | $180M | $221M | $275M | $294M | $416M | 42% |
| Capex | $30M | $42M | — | — | — | |
| Stock-based comp | $33M | $14M | $17M | $28M | $35M | 21% |
| Buybacks | $9M | $8M | $11M | $10M | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $5M · 10
- Net
- −$5M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $21M | $39M | 269 | 173 |
| FY2025 | $20M | $26M | 296 | 263 |
| FY2024 | $9M | $13M | 246 | 284 |
| FY2023 | $8M | $14M | 212 | 210 |
| FY2022 | $19M | $18M | 178 | 202 |