RBC Bearings Incorporated (RBC)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,031,400 | 2,751,900 | 2,535,900 | 2,371,850 | 1,229,950 |
| ROE | 8.12% | 7.63% | 6.57% | 1.80% | 7.33% |
March 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $246,200K ÷ $3,031,400K
= 8.12%
RBC Bearings Incorporated's return on equity (ROE) has shown fluctuations over the past five years. As of March 31, 2021, the ROE stood at 7.33%, indicating the company was generating a moderate return relative to its equity base. However, by March 31, 2022, the ROE decreased to 1.80%, suggesting a significant decline in the company's profitability and efficiency in generating returns for its shareholders.
There was a slight improvement in ROE by March 31, 2023, when it reached 6.57%, yet it remained below the level seen in 2021. The following year, as of March 31, 2024, the ROE increased to 7.63%, indicating a return closer to the levels observed before the decline in 2022.
The most recent data point, as of March 31, 2025, shows a further increase in ROE to 8.12%, signifying improved profitability and efficiency in utilizing shareholders' equity to generate returns. Overall, while there have been fluctuations in ROE over the years, the company has managed to bounce back and show better returns in recent periods, which may be a positive sign for shareholders and investors.
Peer comparison
Mar 31, 2025