RBC Bearings Incorporated (RBC)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,636,300 | 1,560,300 | 1,469,290 | 942,937 | 608,984 |
| Total assets | US$ in thousands | 4,685,200 | 4,678,600 | 4,690,400 | 4,845,420 | 1,434,260 |
| Total asset turnover | 0.35 | 0.33 | 0.31 | 0.19 | 0.42 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,636,300K ÷ $4,685,200K
= 0.35
RBC Bearings Incorporated's total asset turnover has displayed some fluctuation over the past five years. The ratio decreased significantly from 0.42 in 2021 to 0.19 in 2022, indicating a substantial decline in the company's ability to generate revenue from its assets during that period. However, there was a noticeable improvement in 2023 with a total asset turnover of 0.31, suggesting better asset utilization compared to the previous year.
In the subsequent years, RBC Bearings Incorporated's total asset turnover remained relatively stable, standing at 0.33 in 2024 and 0.35 in 2025. This indicates that the company has maintained a consistent level of efficiency in generating sales relative to its asset base during those periods.
Overall, it is important for investors and stakeholders to continue monitoring RBC Bearings Incorporated's total asset turnover to assess the company's effectiveness in utilizing its assets to generate revenue and its operational efficiency over time.
Peer comparison
Mar 31, 2025