RBC RBC Bearings INC

Overview and Growth

RBC Bearings INC generated $1.87B of revenue in fiscal 2026, with net income of $287.60M and an operating cash inflow of $415.70M. Revenue of $1.87B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 14.3% above fiscal 2025 revenue of $1.64B, marking a year-over-year increase. On a per-share basis, diluted EPS was $9.09, which connects the reported earnings outcome with the company’s diluted share count. Diluted EPS increased by 18.1% from $7.70 in fiscal 2025, showing how the earnings change reached shareholders on a per-share basis. The company employed $5.12B of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.37x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $830.20M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 44.4% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced $421.00M of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 22.5%, showing how efficiently sales converted into operating profit. Net income came to $287.60M, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 15.4% margin after operating costs and the remaining recognized items. Pretax income was $369.30M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 19.7% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $81.70M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 22.1%, without assuming a statutory-rate comparison. Net income equaled 8.6% of period-end equity, showing the earnings generated on shareholders’ book capital. Net income represented 5.6% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

At period end, the $5.12B asset base was financed through $1.76B of liabilities and $3.36B of equity. Current assets were $1.19B against $546.20M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 2.18x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $57.30M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 10.5% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $875.50M, establishing the amount of borrowing carried within the company’s capital structure. The debt-to-equity relationship was 0.26x, showing how much debt the company carried for each unit of book equity. Debt represented 17.1% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 34.4%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 1.1%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 9.3% higher than fiscal 2025 assets of $4.69B, measuring the company’s own balance-sheet change. Reported equity changed 10.9% from $3.03B in fiscal 2025, placing the current capital base higher year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $415.70M, a reported cash inflow that can be compared directly with net income and capital spending. The operating-cash-flow-to-net-income relationship was 1.45x, comparing cash generated by operations with the bottom-line earnings result.

Based on the annual report for the fiscal year ending Mar 28, 2026. Analysis generated Oct 21, 2026.