RBC Bearings Incorporated (RBC)

Operating return on assets (Operating ROA)

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Operating income (ttm) US$ in thousands 369,900 365,472 356,272 358,372 346,572 302,695 296,687 284,487 266,807 243,886 187,865 138,988 101,691 101,957 114,127 113,367 111,458 125,238 136,163 147,109
Total assets US$ in thousands 4,685,200 4,665,700 4,712,800 4,696,500 4,678,600 4,694,200 4,691,700 4,697,400 4,690,400 4,692,880 4,727,060 4,758,020 4,845,420 4,875,050 2,567,800 2,567,800 1,434,260 1,408,980 1,367,880 1,349,210
Operating ROA 7.90% 7.83% 7.56% 7.63% 7.41% 6.45% 6.32% 6.06% 5.69% 5.20% 3.97% 2.92% 2.10% 2.09% 4.44% 4.41% 7.77% 8.89% 9.95% 10.90%

March 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $369,900K ÷ $4,685,200K
= 7.90%

The operating return on assets (operating ROA) of RBC Bearings Incorporated has experienced fluctuations over the period from June 2020 to March 2025. The operating ROA declined from 10.90% in June 2020 to 7.90% in March 2025.

The trend of the operating ROA shows a general downward trajectory, with periodic fluctuations along the way. There were steeper declines in the operating ROA in the earlier periods, notably dropping to 4.41% in June 2021, before showing a moderate recovery.

From September 2022 onwards, there is a noticeable uptrend in the operating ROA, indicating potential improvements in the operational efficiency and profitability of RBC Bearings Incorporated. By March 2025, the operating ROA had recovered slightly to 7.90%, showing signs of stabilization and a more positive outlook.

Overall, the analysis suggests that RBC Bearings Incorporated has been working towards improving its operating efficiency and asset utilization to enhance its profitability, as evidenced by the recent increasing trend in the operating ROA.


Peer comparison

Mar 31, 2025

Company name
Symbol
Operating ROA
RBC Bearings Incorporated
RBC
7.90%
Timken Company
TKR
9.61%