RBC Bearings Incorporated (RBC)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 246,200 | 209,900 | 166,700 | 42,700 | 90,100 |
| Total assets | US$ in thousands | 4,685,200 | 4,678,600 | 4,690,400 | 4,845,420 | 1,434,260 |
| ROA | 5.25% | 4.49% | 3.55% | 0.88% | 6.28% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $246,200K ÷ $4,685,200K
= 5.25%
The return on assets (ROA) for RBC Bearings Incorporated has shown fluctuation over the past five years.
As of March 31, 2021, the ROA was relatively strong at 6.28%, indicating that the company generated $0.063 in net income for every dollar of assets it owned. However, there was a significant decline in the ROA by March 31, 2022, dropping to 0.88%, which might suggest challenges in efficiently utilizing its assets to generate profits.
There was a slight recovery in the ROA by March 31, 2023, as it increased to 3.55%, indicating improved asset efficiency. This positive trend continued into March 31, 2024, with the ROA further rising to 4.49%, signaling that the company was effectively using its assets to generate returns.
By March 31, 2025, the ROA reached 5.25%, showcasing continued improvement in asset utilization and profitability. Overall, the trends in ROA for RBC Bearings Incorporated suggest a mix of challenges and successes in optimizing its asset base to drive earnings.
Peer comparison
Mar 31, 2025