RBC Bearings Incorporated (RBC)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 246,200 | 235,100 | 223,800 | 221,300 | 209,900 | 197,496 | 187,196 | 173,596 | 155,296 | 132,550 | 96,187 | 65,016 | 57,354 | 55,858 | 77,490 | 90,982 | 89,633 | 98,431 | 107,377 | 118,226 |
| 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 |
| ROA | 5.25% | 5.04% | 4.75% | 4.71% | 4.49% | 4.21% | 3.99% | 3.70% | 3.31% | 2.82% | 2.03% | 1.37% | 1.18% | 1.15% | 3.02% | 3.54% | 6.25% | 6.99% | 7.85% | 8.76% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $246,200K ÷ $4,685,200K
= 5.25%
The return on assets (ROA) of RBC Bearings Incorporated has been fluctuating over the past few years based on the data provided. The ROA declined from 8.76% as of June 30, 2020, to 3.02% as of September 30, 2021, indicating a decrease in the company's ability to generate income from its assets during this period.
However, starting from December 31, 2021, the ROA began to show a gradual increase, reaching 5.25% as of March 31, 2025. This improvement suggests that RBC Bearings has been more efficient in utilizing its assets to generate earnings over the recent quarters.
It is essential for investors and stakeholders to monitor ROA trends to assess the company's profitability and efficiency in utilizing its assets to generate profits. The increasing trend in ROA observed in the later periods indicates a positive sign for RBC Bearings, showing improvements in asset utilization and profitability.
Peer comparison
Mar 31, 2025