RBC Bearings
RBCNYSEUSD
- Source valuation snapshot. Not a live recalculation.
- Latest filed annual earnings; price snapshot date unavailable. Not forward P/E.
- Diluted earnings per share from the latest filed annual.
- $490.91 Prior regular-session close from the quote source.
- $490.11–$499.93 Regular-session low and high so far today.
- 211.1K Regular-session shares traded · Nov 11, 4:00 PM ET.
- Feb 4 projected Projected for 2027-02-04 from the company’s own results filings (SEC 8-K Item 2.02). The company has not confirmed the date.
- $418.05–$667.69 52-week trading low and high returned by the quote source.
Understand the Business
Why the Stock Moved
Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.
The core investment thesis
Own RBC if RBC Bearings is a niche engineered-components compounder whose value depends on staying specified into hard-to-replace Industrial and Aerospace Defense applications while converting that position into margin-protected cash growth.
RBC price history
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Investment thesis
What must happen next
Because RBC sells highly engineered precision bearings, components and essential systems into Industrial and Aerospace Defense applications, design qualification and failure-cost considerations should keep customers buying from RBC rather than frequently rebidding to the lowest-cost supplier; needs calibration on the.StrengtheningMateriality: High
Item 1 profile describes RBC as an international manufacturer and marketer of highly engineered precision bearings, components and essential systems for Industrial and Aerospace Defense markets. If RBC remains specified into critical programs, revenue growth can be durable; if customers requalify alternatives, growth and pricing power both weaken.
Watch: Major aerospace OEMs, defense primes or industrial OEMs approve Timken, SKF, NTN, Schaeffler or JTEKT as qualified second sources on applications where RBC is incumbent.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Item 1 profile describes RBC as an international manufacturer and marketer of highly engineered precision bearings, components and essential systems.
Open source ↗RBC’s engineered-product and qualification mix should let it pass through enough metal, labor and complexity cost to protect gross profit rather than buying growth with commodity-like price concessions.StrengtheningMateriality: High
GAAP annual gross profit increased from $604.8 million in the year ended April 1, 2023 to $830.2 million in FY2026. This is the difference between valuable growth and low-quality volume; if pricing power fails, revenue can rise while owner economics deteriorate.
Watch: Specialty steel, energy or labor inflation accelerates and RBC cannot recover it through pricing, surcharges or mix.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP annual gross profit increased from $604.8 million in the year ended April 1, 2023 to $830.2 million in FY2026.
Open source ↗RBC’s operating capability should convert specialized manufacturing scale into operating leverage, so incremental demand does not require proportionate increases in plant, quality and overhead costs; needs calibration on the margin level through a full cycle.StrengtheningMateriality: Medium
GAAP annual operating income rose from $293.0 million in the year ended April 1, 2023 to $421.0 million in FY2026. Sustained operating leverage would make each dollar of growth disproportionately valuable; quality issues or underutilization would turn the same fixed-cost base against shareholders.
Watch: Aerospace or defense quality escapes, certification failures or customer audits require rework, scrap, expedited shipping or loss of qualification.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP annual operating income rose from $293.0 million in the year ended April 1, 2023 to $421.0 million in FY2026.
Open source ↗High cash conversion from specified, mission-critical OEM and industrial demand plus working-capital discipline should let RBC fund reinvestment and balance-sheet repair internally rather than depending on dilution or excessive debt; needs calibration for free cash flow because capex is absent.StrengtheningMateriality: Medium
GAAP annual operating cash flow increased from $220.6 million in the year ended April 1, 2023 to $415.7 million in FY2026. If cash conversion holds, shareholders benefit from self-funded compounding; if working capital or debt-funded deals absorb cash, accounting earnings overstate value creation.
Watch: OEM schedule changes or industrial destocking force RBC to build inventory and consume working capital before revenue appears.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP annual operating cash flow increased from $220.6 million in the year ended April 1, 2023 to $415.7 million in.
Open source ↗For the stock to work, RBC must prove the FY2026 EPS step-up reflects durable specification wins, pricing and operating execution rather than a temporary aerospace/industrial mix peak; needs calibration because the current valuation multiple is absent.HoldingMateriality: Medium
GAAP annual diluted EPS increased from $4.94 in the year ended April 1, 2023 to $9.09 in FY2026. If earnings are structural, the stock can justify a quality-industrial valuation; if they are peak-cycle, the same EPS base can be de-rated.
Watch: Aerospace destocking, defense program delays or industrial recession reveal FY2026 margins as peak mix rather than sustainable earnings power.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP annual diluted EPS increased from $4.94 in the year ended April 1, 2023 to $9.09 in FY2026.
Open source ↗
Full investment case & evidence
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Original research
Because RBC sells highly engineered precision bearings, components and essential systems into Industrial and Aerospace Defense applications, design qualification and failure-cost considerations should keep customers buying from RBC rather than frequently rebidding to the lowest-cost supplier; needs calibration on the. If RBC remains specified into critical programs, revenue growth can be durable; if customers requalify alternatives, growth and pricing power both weaken.
RBC’s engineered-product and qualification mix should let it pass through enough metal, labor and complexity cost to protect gross profit rather than buying growth with commodity-like price concessions. This is the difference between valuable growth and low-quality volume; if pricing power fails, revenue can rise while owner economics deteriorate.
RBC’s operating capability should convert specialized manufacturing scale into operating leverage, so incremental demand does not require proportionate increases in plant, quality and overhead costs; needs calibration on the margin level through a full cycle. Sustained operating leverage would make each dollar of growth disproportionately valuable; quality issues or underutilization would turn the same fixed-cost base against shareholders.
High cash conversion from specified, mission-critical OEM and industrial demand plus working-capital discipline should let RBC fund reinvestment and balance-sheet repair internally rather than depending on dilution or excessive debt; needs calibration for free cash flow because capex is absent. If cash conversion holds, shareholders benefit from self-funded compounding; if working capital or debt-funded deals absorb cash, accounting earnings overstate value creation.
For the stock to work, RBC must prove the FY2026 EPS step-up reflects durable specification wins, pricing and operating execution rather than a temporary aerospace/industrial mix peak; needs calibration because the current valuation multiple is absent. If earnings are structural, the stock can justify a quality-industrial valuation; if they are peak-cycle, the same EPS base can be de-rated.
All standing thesis claims
Original report summary
RBC Bearings is a niche engineered-components compounder whose value depends on staying specified into hard-to-replace Industrial and Aerospace Defense applications while converting that position into margin-protected cash growth.
Bull case and bear case
Bull case and bear case for RBC Bearings
Where the evidence on RBC Bearings stands: Holding on the latest evidence (Oct 12, 2026). Of its 5 thesis points, 4 strengthening and 1 holding.
Bull case: what the evidence supports
Because RBC sells highly engineered precision bearings, components and essential systems into Industrial and Aerospace Defense applications, design qualification and failure-cost considerations should keep customers buying from RBC rather than frequently rebidding to the lowest-cost supplier; needs calibration on the.
RBC’s engineered-product and qualification mix should let it pass through enough metal, labor and complexity cost to protect gross profit rather than buying growth with commodity-like price concessions.
RBC’s operating capability should convert specialized manufacturing scale into operating leverage, so incremental demand does not require proportionate increases in plant, quality and overhead costs; needs calibration on the margin level through a full cycle.
High cash conversion from specified, mission-critical OEM and industrial demand plus working-capital discipline should let RBC fund reinvestment and balance-sheet repair internally rather than depending on dilution or excessive debt; needs calibration for free cash flow because capex is absent.
For the stock to work, RBC must prove the FY2026 EPS step-up reflects durable specification wins, pricing and operating execution rather than a temporary aerospace/industrial mix peak; needs calibration because the current valuation multiple is absent.
Bear case: what would count against it
Major aerospace OEMs, defense primes or industrial OEMs approve Timken, SKF, NTN, Schaeffler or JTEKT as qualified second sources on applications where RBC is incumbent.
Specialty steel, energy or labor inflation accelerates and RBC cannot recover it through pricing, surcharges or mix.
Aerospace or defense quality escapes, certification failures or customer audits require rework, scrap, expedited shipping or loss of qualification.
Thesis-Break Engine
Thesis-break watch · RBC Bearings
No break has crossed RBC Bearings’s thesis. Its break conditions are checked against every new filing as it lands.
MARKET + FINANCIAL SNAPSHOT
The numbers behind the thesis
What Changed
- MixedDirector or principal officer change.
RBC Bearings filed an SEC 8-K on 2026-09-09: Director or principal officer change. It is a dated development that tests the current thesis.
- MixedOther material event.
RBC Bearings filed an SEC 8-K on 2026-08-11: Other material event. It is a dated development that tests the current thesis.
- MixedReported results of operations (earnings release).
RBC Bearings filed an SEC 8-K on 2026-07-31: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
Risks / falsifiers
What could break the thesis
- Major aerospace OEMs, defense primes or industrial OEMs approve Timken, SKF, NTN, Schaeffler or JTEKT as qualified second sources on applications where RBC is incumbent.
- Specialty steel, energy or labor inflation accelerates and RBC cannot recover it through pricing, surcharges or mix.
- Aerospace or defense quality escapes, certification failures or customer audits require rework, scrap, expedited shipping or loss of qualification.
- OEM schedule changes or industrial destocking force RBC to build inventory and consume working capital before revenue appears.
- Aerospace destocking, defense program delays or industrial recession reveal FY2026 margins as peak mix rather than sustainable earnings power.
RBC news
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Financial statements
RBC income statement
Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.
RBC: quick answers
- When does RBC Bearings (RBC) report earnings next?
- RBC Bearings's next results are projected for February 4, 2027, from the dates of its own results filings with the SEC. The company has not confirmed the date. It last reported on October 30, 2026. Earnings calendar
- What is RBC's short interest?
- As of October 30, 2026, 554,369 RBC shares were sold short, 1.75% of its shares outstanding, up 4.6% from the count before. At the stock's average daily volume that is 1.7 days to cover. FINRA publishes the count twice a month. RBC short interest history
- Have members of Congress traded RBC?
- Reports made public in the last 90 days disclose 2 trades in RBC by 1 filer: 0 purchases and 2 sales. They are filed under the STOCK Act by members of Congress, the President and senior officials. Every disclosed RBC trade
- Which well-known investors own RBC?
- 3 of the 37 well-known funds tracked here reported RBC shares in their latest 13F filings. By share of the fund's portfolio: Durable Capital Partners, 10.7%; Bridgewater Associates (Ray Dalio), 0.1%; Soros Fund Management (George Soros), 0.1%. Fund portfolios
RBC in well-known investors’ portfolios
3 of 37 funds reported RBC shares in their latest 13F filing. A 13F shows quarter-end positions and arrives up to 45 days later.
| Fund | Of its portfolio | Value | Change | Quarter |
|---|---|---|---|---|
| Durable Capital Partners | 10.7% | $1.1B | −24.9% | Q2 2026 |
| Ray DalioBridgewater Associates | 0.15% | $37.2M | +807.7% | Q2 2026 |
| George SorosSoros Fund Management | 0.05% | $4.3M | +35.6% | Q2 2026 |