Latest Ratios: P/E Ratio 66.0x · EV/EBITDA 47.3x · ROE 9.0%. (2004–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $19.0B | $16.8B | $9.9B | $7.9B | $6.8B | $5.3B | $3.6B | $1.6B | $2.0B | $1.8B | $1.8B |
| Enterprise Value | $19.9B | $17.8B | $10.9B | $9.1B | $8.2B | $6.9B | $3.5B | $1.5B | $2.0B | $1.9B | $2.0B |
| P/E Ratio → | 66.04 | 58.55 | 42.29 | 42.24 | 47.02 | 124.28 | 39.85 | 12.44 | 19.22 | 20.49 | 25.47 |
| P/S Ratio | 10.15 | 9.00 | 6.04 | 5.06 | 4.60 | 5.62 | 5.87 | 2.16 | 2.88 | 2.65 | 2.92 |
| P/B Ratio | 5.65 | 5.01 | 3.26 | 2.87 | 2.67 | 2.23 | 2.91 | 1.40 | 2.09 | 2.14 | 2.51 |
| P/FCF | 55.43 | 49.15 | 40.54 | 32.68 | 37.88 | 35.18 | 25.42 | 13.26 | 30.11 | 17.47 | 22.39 |
| P/OCF | 45.68 | 40.50 | 33.66 | 28.73 | 30.67 | 29.37 | 23.45 | 10.08 | 18.64 | 13.72 | 17.77 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.50 | 6.65 | 5.84 | 5.57 | 7.31 | 5.71 | 2.09 | 2.90 | 2.82 | 3.30 |
| EV / EBITDA | 47.32 | 42.21 | 22.20 | 19.75 | 20.06 | 36.96 | 23.59 | 8.40 | 12.60 | 12.13 | 14.30 |
| EV / EBIT | 47.32 | 42.21 | 29.26 | 26.77 | 28.60 | 57.38 | 30.45 | 10.25 | 15.52 | 14.97 | 17.87 |
| EV / FCF | — | 51.87 | 44.61 | 37.74 | 45.86 | 45.83 | 24.71 | 12.83 | 30.32 | 18.63 | 25.27 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.4% | 44.4% | 44.4% | 43.0% | 41.2% | 37.9% | 38.4% | 39.7% | 39.4% | 38.3% | 37.4% |
| Operating Margin | 22.5% | 22.5% | 22.6% | 21.9% | 19.9% | 12.8% | 18.8% | 20.5% | 18.8% | 19.1% | 18.6% |
| Net Profit Margin | 15.4% | 15.4% | 15.0% | 13.5% | 11.3% | 5.8% | 14.8% | 16.5% | 15.0% | 12.9% | 11.5% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.0% | 9.0% | 8.5% | 7.9% | 6.8% | 3.0% | 7.7% | 11.5% | 11.7% | 11.2% | 10.6% |
| ROA | 5.9% | 5.9% | 5.3% | 4.5% | 3.5% | 1.7% | 6.5% | 9.7% | 9.2% | 7.7% | 6.4% |
| ROIC | 7.6% | 7.6% | 6.9% | 6.5% | 5.5% | 3.6% | 7.8% | 10.9% | 10.2% | 10.2% | 9.1% |
| ROCE | 9.4% | 9.4% | 8.5% | 7.8% | 6.6% | 4.1% | 8.9% | 13.1% | 12.6% | 12.5% | 11.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.29 | 0.29 | 0.34 | 0.47 | 0.59 | 0.75 | 0.04 | 0.05 | 0.05 | 0.21 | 0.38 |
| Debt / EBITDA | 2.35 | 2.35 | 2.10 | 2.79 | 3.65 | 9.57 | 0.35 | 0.29 | 0.27 | 1.10 | 1.90 |
| Net Debt / Equity | — | 0.28 | 0.33 | 0.44 | 0.56 | 0.68 | -0.08 | -0.05 | 0.01 | 0.14 | 0.32 |
| Net Debt / EBITDA | 2.22 | 2.22 | 2.03 | 2.65 | 3.49 | 8.59 | -0.67 | -0.28 | 0.09 | 0.76 | 1.63 |
| Debt / FCF | — | 2.73 | 4.07 | 5.06 | 7.98 | 10.65 | -0.71 | -0.43 | 0.20 | 1.16 | 2.87 |
| Interest Coverage | 8.45 | 8.45 | 6.22 | 4.33 | 3.73 | 2.90 | 79.79 | 78.57 | 25.37 | 16.97 | 13.05 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.18 | 2.18 | 3.26 | 3.28 | 2.95 | 3.07 | 8.25 | 5.90 | 5.58 | 4.60 | 4.81 |
| Quick Ratio | 0.78 | 0.78 | 1.18 | 1.16 | 1.05 | 1.42 | 4.13 | 2.36 | 1.87 | 1.69 | 1.70 |
| Cash Ratio | 0.10 | 0.10 | 0.12 | 0.22 | 0.21 | 0.58 | 2.74 | 1.00 | 0.33 | 0.51 | 0.42 |
| Asset Turnover | — | 0.37 | 0.35 | 0.33 | 0.31 | 0.19 | 0.42 | 0.55 | 0.61 | 0.59 | 0.55 |
| Inventory Turnover | 1.36 | 1.36 | 1.39 | 1.43 | 1.47 | 1.13 | 1.03 | 1.19 | 1.27 | 1.36 | 1.33 |
| Days Sales Outstanding | — | 68.26 | 68.61 | 61.31 | 59.52 | 95.80 | 66.21 | 64.72 | 67.92 | 63.21 | 65.07 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 0.2% | 0.3% | 0.3% | 0.1% | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.5% | 1.7% | 2.4% | 2.4% | 2.1% | 0.8% | 2.5% | 8.0% | 5.2% | 4.9% | 3.9% |
| FCF Yield | 1.8% | 2.0% | 2.5% | 3.1% | 2.6% | 2.8% | 3.9% | 7.5% | 3.3% | 5.7% | 4.5% |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% | 0.8% | 0.3% | 0.3% | 0.3% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.3% | 0.4% | 0.5% | 0.3% | 0.2% | 0.8% | 0.3% | 0.3% | 0.3% |
| Shares Outstanding | — | $32M | $30M | $29M | $29M | $27M | $25M | $25M | $25M | $24M | $24M |
Aerospace OEM production volatility
According to current market data, RBC trades at a P/E of 69.35 and an EV/EBITDA of 49.59, multiples that significantly exceed those of industrial peers like The Timken Company, suggesting investors are pricing in a high-growth trajectory rather than a traditional cyclical manufacturing profile.
The elevated valuation multiples appear to reflect the market's perception of RBC as a specialized aerospace component provider rather than a commodity bearing manufacturer. This premium suggests that investors are discounting the cyclicality of the industrial segment in favor of the long-term, spec-in revenue durability inherent in the company's aerospace and defense portfolio.
Based on reported financial data, RBC's ROIC has remained in a tight range between 1.4% and 2.0% over the last ten quarters, which, when compared to the company's high gross margins, suggests that significant acquisition-related goodwill is currently suppressing the overall return on invested capital.
The persistent gap between high operating margins and low ROIC indicates that the company's recent inorganic growth strategy has substantially increased the capital base. Investors should monitor whether the integration of the Dodge business eventually drives a meaningful expansion in returns as synergies are realized and the asset base matures.
As reported in recent financial statements, RBC's cash conversion cycle has remained elevated, averaging approximately 260 days over the last ten quarters, a figure that highlights the significant inventory requirements necessary to support its specialized, long-cycle aerospace and defense manufacturing operations.
The high days inventory outstanding, which consistently exceeds 250 days, suggests that the company maintains substantial safety stocks to mitigate supply chain risks. While this approach ensures reliability for critical aerospace customers, it also ties up significant capital, warranting further investigation into whether inventory management can be optimized without compromising service levels.
Based on the company's reported figures, the debt-to-equity ratio has steadily declined from 0.49 in 2024Q3 to 0.29 in 2026Q4, indicating a disciplined approach to balance sheet management that has significantly improved the company's interest coverage capacity during a period of rising interest rates.
The reduction in leverage appears to provide the company with increased financial flexibility to navigate potential volatility in aerospace OEM production schedules. This trend suggests that management is prioritizing the strengthening of the balance sheet, which may reduce the risk profile for investors concerned about the company's sensitivity to industrial cycle downturns.
The most commonly misapplied metric for RBC is the standard P/E ratio, which obscures the company's true earnings power by failing to account for the significant non-cash amortization charges resulting from the recent Dodge acquisition, thereby artificially depressing the reported net income and inflating the valuation multiple.
Analysts should instead focus on adjusted EBITDA or free cash flow metrics to better assess the company's underlying cash-generating capability. Relying solely on P/E ratios risks mischaracterizing the business as overvalued, when in fact the earnings profile is heavily impacted by accounting treatments that do not reflect the company's operational cash flow reality.
Includes 30+ ratios · 23 years · Updated daily
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Quick answers to the most common questions about buying RBC stock.
RBC Bearings Incorporated's current P/E ratio is 66.0x. The historical average is 38.4x. This places it at the 95th percentile of its historical range.
RBC Bearings Incorporated's current EV/EBITDA is 47.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 19.0x.
RBC Bearings Incorporated's return on equity (ROE) is 9.0%. The historical average is 12.6%.
Based on historical data, RBC Bearings Incorporated is trading at a P/E of 66.0x. This is at the 95th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
RBC Bearings Incorporated has 44.4% gross margin and 22.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
RBC Bearings Incorporated's Debt/EBITDA ratio is 2.4x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.