RBC Bearings Incorporated (RBC)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 369,900 | 342,200 | 170,973 | 63,697 | 78,745 |
| Total assets | US$ in thousands | 4,685,200 | 4,678,600 | 4,690,400 | 4,845,420 | 1,434,260 |
| Operating ROA | 7.90% | 7.31% | 3.65% | 1.31% | 5.49% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $369,900K ÷ $4,685,200K
= 7.90%
RBC Bearings Incorporated's operating return on assets (operating ROA) has displayed fluctuating trends over the last five years, as follows:
1. March 31, 2021: Operating ROA was 5.49%, indicating that the company generated 5.49 cents of operating income for every dollar of assets.
2. March 31, 2022: Operating ROA decreased to 1.31%, implying a significant decline in operational efficiency and profitability compared to the previous year.
3. March 31, 2023: The operating ROA improved to 3.65%, suggesting a recovery in asset utilization and operational performance.
4. March 31, 2024: Operating ROA further increased to 7.31%, signaling a substantial improvement in profitability and effective asset management.
5. March 31, 2025: The operating ROA reached 7.90%, marking a continued positive trend in efficiently utilizing assets to generate operating profits.
Overall, RBC Bearings Incorporated's operating ROA has experienced variability but has shown a general upward trajectory in recent years, indicating improved operational efficiency and asset utilization, which can be positive indicators for investors and stakeholders.
Peer comparison
Mar 31, 2025