RBC
RBC Bearings Incorporated451.17
-11.42-2.47%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
FY27 industrial growth to accelerate
Q&A signaled brighter industrial growth for FY2027 versus FY2026, fueled by semiconductor rebound, new Dodge products, and a Midwest service center, with recent orders exceeding Q4 guide assumptions of under 3% growth. Management confirmed the new Airbus contract boosts content ~20% ramping this quarter. VACCO's quiet valves apply to space satellites beyond subs, running near $30M quarterly. Over 90% backlog is multi-year A&D. A&D margins chase industrial levels gradually. Q4 guide looks conservative. Investors watch industrial durability.
Key Stats
Market Cap
14.26BP/E (TTM)
54.95Basic EPS (TTM)
8.21Dividend Yield
0%Recent Filings
8-K
Q3 sales up 17%, A&D soars
10-Q
Q3 FY2026 results
RBC Bearings posted Q3 FY2026 net sales of $461.6M, up 17.0% y/y from $394.4M, with Aerospace/Defense surging 41.5% y/y to $202.5M on marine and VACCO strength while Industrial grew 3.1% y/y to $259.1M. Gross margin held steady at 44.3%, operating income climbed 20.3% y/y to $103.0M, and diluted EPS rose to $2.13 from $1.82, reconciling to 31.6M shares. Closed VACCO in July 2025 for $275.0M cash, recognizing $111.2M goodwill and $123.1M finite-lived intangibles (4-22 years). Cash hit $107.6M, operating cash flow $330.5M (9M), FCF $275.1M (derived); total debt $990.2M with $296.3M revolver availability. Competition sharpens in cyclical aerospace markets.
10-Q
Q2 FY2026 results
RBC Bearings posted Q2 FY2026 net sales of $455.3M, up 14.4% y/y from $397.9M, with Aerospace/Defense surging 38.8% to $198.8M on 73.3% defense gains and commercial OEM growth, while Industrial edged 0.7% higher to $256.5M; gross margin held firm at 44.1%. Operating income climbed to $97.8M from $86.1M y/y, diluted EPS hit $1.90 (reconciles to 31.6M shares), powered by volume yet tempered by VACCO purchase accounting. Closed VACCO July 2025 for $275M cash, recognizing $109.9M goodwill and $123.1M finite-lived intangibles (4-22 years). Cash swelled to $91.2M, OCF $208.4M (FCF $176M derived), total debt $1,071M with $296.3M revolver availability. Competition sharpens in cyclical aerospace markets.
8-K
Q2 sales up 14.4%
RBC Bearings posted Q2 fiscal 2026 net sales of $455.3M, up 14.4% year-over-year, powered by 38.8% Aerospace/Defense growth while Industrial edged up 0.7%. Gross margins hit 44.1% and adjusted EBITDA margin 31.9%; free cash flow soared to $71.7M. Backlog doubled to $1.6B. Q3 sales guidance: $454M-$462M.
8-K
Revolver extended to 2030
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