Earnings Summary

Rbc Bearings Inc’s revenue jumped 6.87% since last year same period to $413.68Mn in the Q2 2024. On a quarterly growth basis, Rbc Bearings Inc has generated 10.64% jump in its revenue since last 3-months.

Rbc Bearings Inc’s net profit jumped 23.2% since last year same period to $61.6Mn in the Q2 2024. On a quarterly growth basis, Rbc Bearings Inc has generated 32.19% jump in its net profits since last 3-months.

Rbc Bearings Inc’s net profit margin jumped 15.28% since last year same period to 14.89% in the Q2 2024. On a quarterly growth basis, Rbc Bearings Inc has generated 19.48% jump in its net profit margins since last 3-months.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rbc Bearings Inc’s return on assets (ROA) stands at 0.05.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rbc Bearings Inc’s return on equity (ROE) stands at 0.08.

Rbc Bearings Inc declared 1.25 dividend per share during the earnings announcement for Q1 2024.