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 | ||
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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