RBC Bearings
RBC on NYSE. RBC Bearings makes and sells precision bearings and parts to industrial and aerospace companies. Market value $16.2bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to March 2026.
Should I look at this?
Good business, but not cheap right now
Why it could be worth it
What to watch out for
See cheaper Industrials stocks on the list
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $2.37 of spare cash in the past 12 months. A savings account pays about $4.
You pay 36.8 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 7 cents a year. Above 10 is good.
Quality score: 89 of 100. Price score: 24 of 100. Our list needs 70 on quality and 60 on price.
$514.18 a share, 41% above its 1-year low
Over the past year the price has ranged from $364.50 to $667.69.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $943m | $1.5bn | $1.6bn | $1.6bn | $1.9bn |
| Operating margin | |||||
| Operating margin | n/a | 19.9% | 21.9% | 22.6% | 22.5% |
| Debt to equity | |||||
| Debt to equity | n/a | 0.57 | 0.45 | 0.32 | 0.27 |
| Shares outstanding | |||||
| Shares outstanding | 0.03bn | 0.03bn | 0.03bn | 0.03bn | 0.03bn |
Health checks
- Free cash flow positive4 of 4 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)6 of 9
- Profit backed by cash (accruals)Yes
- Debt0.27× equity
- Revenue growth, five yearsStrong, 18.8% a year
- Buying back its own sharesNo, 9% more shares since 2022
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $520 million last quarter, up 19% on a year ago.
- Profit: $102 million, up 48% on a year ago.
- It keeps 24 cents of each $1 of sales as operating profit, up from 22 cents a year earlier.
- Spare cash over the past 12 months: $385 million, up from $260 million.
- 1% more shares than a year ago. Each share owns a bit less of the company.
- Debt is $687 million more than cash, down from $789 million a year ago.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $398m |
| December 2024 | $394m |
| March 2025 | $438m |
| June 2025 | $436m |
| September 2025 | $455m |
| December 2025 | $462m |
| March 2026 | $518m |
| June 2026 | $520m |
| Quarter to | Amount |
|---|---|
| September 2024 | $54m |
| December 2024 | $58m |
| March 2025 | $73m |
| June 2025 | $69m |
| September 2025 | $60m |
| December 2025 | $67m |
| March 2026 | $92m |
| June 2026 | $102m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 15 May 2026
- Next quarterly (estimated, 10-Q)
- 30 October 2026
Who owns it
4 long-term investors we follow own it, unchanged from 4 last quarter. 688 funds in all.
- GMOJeremy Grantham
- Value
- $16m
- Share of fund
- <0.1%
- Torray Investment PartnersRobert Torray (founder)
- Value
- $6m
- Share of fund
- 0.8%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Gotham Asset ManagementJoel Greenblatt | $81m | 0.2% | Added |
| Royce & AssociatesChuck Royce | $73m | 0.6% | Cut |
| GMOJeremy Grantham | $16m | <0.1% | |
| Torray Investment PartnersRobert Torray (founder) | $6m | 0.8% |
Largest holders overall
- BlackRock$2.0bnAdded
- Durable Capital Partners LP$1.1bnCut
- Vanguard Capital Management$920m
- Vanguard Portfolio Management$855m
- FMR$850mCut
- Kayne Anderson Rudnick Investment Management$778mCut
- State Street$623mAdded
- Baillie Gifford$490mAdded
- Geode Capital Management$454m
- Invesco$415mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
2 investors own more than 5%.
- Durable Capital Partners LPPassive investor5.4%−1.8 ptsSince 30 June 2026
- Vanguard Capital ManagementPassive investor5.2%Since 31 March 2026
- Kayne Anderson Rudnick Investment Management, LLCPassive investorSold down below 5%Since 30 June 2025
- WASATCH ADVISORS LPPassive investorSold down below 5%Since 31 December 2024
- T. Rowe Price Associates, Inc.Passive investorSold down below 5%Since 30 June 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
Durable Capital Partners LP Passive investor | 5.4%−1.8 pts | 30 June 2026 | |
Vanguard Capital Management Passive investor | 5.2% | 31 March 2026 | |
Kayne Anderson Rudnick Investment Management, LLC Passive investor | Sold down below 5% | 30 June 2025 | |
WASATCH ADVISORS LP Passive investor | Sold down below 5% | 31 December 2024 | |
T. Rowe Price Associates, Inc. Passive investor | Sold down below 5% | 30 June 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 6 sold $5m.
- Feeney John J.Vice President and SecretarySold
- Date
- 25 June 2026
- Shares
- 225
- Price
- $657.94
- Value
- $148,037
- Ennico Dolores JDirectorSold
- Date
- 24 June 2026
- Shares
- 600
- Price
- $636.11
- Value
- $381,666
- Kaplan Steven H.DirectorSold
- Date
- 17 June 2026
- Shares
- 350
- Price
- $631.80
- Value
- $221,130
- Stewart EdwardDirectorSold
- Date
- 3 June 2026
- Shares
- 600
- Price
- $592.83
- Value
- $355,698
- Boyan Barry C.DirectorSold
- Date
- 3 June 2026
- Shares
- 555
- Price
- $591.63
- Value
- $328,355
- Edwards Richard JV.P. and General ManagerSold
- Date
- 17 February 2026
- Shares
- 4,100
- Price
- $553.78
- Value
- $2m
- Kaplan Steven H.DirectorSold
- Date
- 12 November 2025
- Shares
- 700
- Price
- $443.00
- Value
- $310,100
- Boyan Barry C.DirectorSold
- Date
- 7 November 2025
- Shares
- 1,200
- Price
- $434.55
- Value
- $521,460
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 25 June 2026 | Feeney John J. Vice President and Secretary | Sold | 225 | $657.94 | $148,037 |
| 24 June 2026 | Ennico Dolores J Director | Sold | 600 | $636.11 | $381,666 |
| 17 June 2026 | Kaplan Steven H. Director | Sold | 350 | $631.80 | $221,130 |
| 3 June 2026 | Stewart Edward Director | Sold | 600 | $592.83 | $355,698 |
| 3 June 2026 | Boyan Barry C. Director | Sold | 555 | $591.63 | $328,355 |
| 17 February 2026 | Edwards Richard J V.P. and General Manager | Sold | 4,100 | $553.78 | $2m |
| 12 November 2025 | Kaplan Steven H. Director | Sold | 700 | $443.00 | $310,100 |
| 7 November 2025 | Boyan Barry C. Director | Sold | 1,200 | $434.55 | $521,460 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 15 May 2026, plus the 10-Q filed 31 Jul 2026 and 4 later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
- It isn't cheap on profits: 36.8× operating profit.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.