RBC Bearings Incorporated (RBC)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 726,100 | 670,500 | 604,751 | 357,068 | 234,106 |
| Revenue | US$ in thousands | 1,636,300 | 1,560,300 | 1,469,290 | 942,937 | 608,984 |
| Gross profit margin | 44.37% | 42.97% | 41.16% | 37.87% | 38.44% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $726,100K ÷ $1,636,300K
= 44.37%
Based on the data provided, the gross profit margin of RBC Bearings Incorporated has shown a generally positive trend over the past five years. The margin increased from 38.44% as of March 31, 2021, to 44.37% as of March 31, 2025. This indicates that the company has been able to improve its efficiency in producing goods and managing the cost of sales over this period.
The steady improvement in gross profit margin suggests that RBC Bearings has potentially enhanced its pricing strategies, controlled production costs, or negotiated better terms with suppliers. A rising gross profit margin is generally viewed positively as it indicates the company's ability to generate more profit from each dollar of revenue.
It is worth noting that the gross profit margin experienced fluctuations during this period, such as a slight dip in the margin in the fiscal year ending March 31, 2022. However, the overall trend is one of improvement, which is a positive sign for the company's financial performance and operational efficiency. It will be important for investors and stakeholders to continue monitoring this metric to ensure that the trend remains favorable in the future.
Peer comparison
Mar 31, 2025