RBC Bearings Incorporated (RBC)
Return on total capital
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 371,700 | 340,500 | 286,400 | 120,260 | 111,489 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,031,400 | 2,751,900 | 2,535,900 | 2,371,850 | 1,229,950 |
| Return on total capital | 12.26% | 12.37% | 11.29% | 5.07% | 9.06% |
March 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $371,700K ÷ ($—K + $3,031,400K)
= 12.26%
The return on total capital for RBC Bearings Incorporated has shown fluctuations over the past five years. In March 2021, the return on total capital was 9.06%, which decreased to 5.07% by March 2022. However, there was a significant improvement in the following years, with the return on total capital increasing to 11.29% by March 2023, 12.37% by March 2024, and 12.26% by March 2025.
The increase in the return on total capital from 2022 to 2025 indicates that RBC Bearings Incorporated has been able to generate higher returns relative to the total capital employed in its operations. This trend suggests improved efficiency and profitability in utilizing the company's total capital resources. Overall, the upward trend in return on total capital reflects positively on the company's ability to generate returns for its stakeholders and efficiently manage its capital structure.
Peer comparison
Mar 31, 2025