RBC Bearings Incorporated (RBC)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 3,031,400 | 2,939,200 | 2,883,300 | 2,803,900 | 2,751,900 | 2,696,600 | 2,634,200 | 2,587,700 | 2,535,900 | 2,480,930 | 2,440,140 | 2,397,640 | 2,371,850 | 2,334,970 | 2,337,100 | 2,337,100 | 1,229,950 | 1,204,810 | 1,172,100 | 1,142,640 |
ROE | 8.12% | 8.00% | 7.76% | 7.89% | 7.63% | 7.32% | 7.11% | 6.71% | 6.12% | 5.34% | 3.94% | 2.71% | 2.42% | 2.39% | 3.32% | 3.89% | 7.29% | 8.17% | 9.16% | 10.35% |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $246,200K ÷ $3,031,400K
= 8.12%
The return on equity (ROE) of RBC Bearings Incorporated has shown a decreasing trend from 10.35% as of June 30, 2020, to 8.12% as of March 31, 2025. This indicates a decline in the company's ability to generate profits from the shareholders' equity over the period analyzed. The ROE decreased gradually for most of the quarters, with occasional fluctuations, but started to improve slightly towards the end of the period.
A lower ROE can be attributed to various factors such as decreasing profitability, inefficient use of assets, or increasing liabilities relative to equity. It is important for investors to closely monitor ROE as it reflects the company's efficiency in generating profits from the shareholders' investment. RBC Bearings Incorporated may need to focus on strategies to improve its ROE, such as increasing profitability, optimizing asset utilization, and managing its capital structure effectively.
Peer comparison
Mar 31, 2025