RBC Bearings Incorporated (RBC)
Financial leverage ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 1.55 | 1.59 | 1.63 | 1.67 | 1.70 | 1.74 | 1.78 | 1.82 | 1.85 | 1.89 | 1.94 | 1.98 | 2.04 | 2.09 | 1.10 | 1.10 | 1.17 | 1.17 | 1.17 | 1.18 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,685,200K ÷ $3,031,400K
= 1.55
The financial leverage ratio of RBC Bearings Incorporated demonstrates the company's ability to utilize debt financing in its operations. The ratio has shown a fluctuating trend over the period under review.
Starting at 1.18 on June 30, 2020, the ratio slightly decreased to 1.17 by September 30, 2020, and remained at this level until March 31, 2021. Subsequently, from June 30, 2021, to December 31, 2021, there was a sudden increase in the financial leverage ratio to 2.09, indicating a significant rise in the company's debt relative to its equity.
The ratio continued to decrease gradually from March 31, 2022, to June 30, 2023, reaching 1.82. Afterward, there was a more noticeable decline in the ratio, demonstrating improved financial stability from September 30, 2023, to March 31, 2025, where it decreased to 1.55.
Overall, the trend in RBC Bearings Incorporated's financial leverage ratio suggests fluctuations in the company's capital structure and varying levels of debt relative to equity over time. Investors and stakeholders may monitor this ratio closely to assess the company's leverage risk and financial health.
Peer comparison
Mar 31, 2025