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RBC Bearings's peak revenue was $1.6B in 2023. The peak quarterly revenue was $413.7M in 2023(q4).
RBC Bearings's revenue increased from $243.0m in 2004 to $1.6B currently. That's a 542.06% change in annual revenue.
| Fiscal year / year | RBC Bearings revenue |
|---|---|
| 2009 | $274.7M |
| 2010 | $335.6M |
| 2011 | $397.5M |
| 2012 | $403.1M |
| 2013 | $418.9M |
| 2014 | $445.3M |
| 2015 | $597.5M |
| 2016 | $615.4M |
| 2017 | $674.9M |
| 2018 | $702.5M |
| 2019 | $727.5M |
| 2020 | $609.0M |
| 2021 | $942.9M |
| 2022 | $1.5B |
| 2023 | $1.6B |
How accurately did RBC Bearings' revenue projections match actual performance?
RBC Bearings saw the greatest revenue growth in 2022, when revenue increased by 55.83%.
RBC Bearings had the lowest revenue growth in 2009, when revenue changed by -22.79%.
| Year | RBC Bearings growth |
|---|---|
| 2009 | -23%↓ |
| 2010 | 22%↑ |
| 2011 | 18%↑ |
| 2012 | 1%↑ |
| 2013 | 4%↑ |
| 2014 | 6%↑ |
| 2015 | 34%↑ |
| 2016 | 3%↑ |
| 2017 | 10%↑ |
| 2018 | 4%↑ |
| 2019 | 4%↑ |
| 2020 | -16%↓ |
| 2021 | 55%↑ |
| 2022 | 56%↑ |
| 2023 | 6%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $63.7M | $63.7M | $67.5M | $79.8M |
| 2010 | $82.4M | $83.1M | $81.3M | $88.9M |
| 2011 | $93.3M | $97.8M | $95.1M | $111.3M |
| 2012 | $103.3M | $100.4M | $96.3M | $103.0M |
| 2013 | $102.7M | $102.0M | $100.5M | $113.7M |
| 2014 | $113.0M | $112.6M | $106.3M | $113.4M |
| 2015 | $142.3M | $148.7M | $144.2M | $162.3M |
| 2016 | $154.6M | $153.9M | $146.7M | $160.2M |
| 2017 | $163.9M | $164.3M | $166.9M | $179.9M |
| 2018 | $176.0M | $172.9M | $171.5M | $182.2M |
| 2019 | $182.7M | $181.9M | $177.0M | $185.8M |
| 2020 | $156.5M | $146.3M | $145.9M | $160.3M |
| 2021 | $156.2M | $160.9M | $267.0M | $358.8M |
| 2022 | $354.1M | $369.2M | $351.6M | $394.4M |
| 2023 | $387.1M | $385.6M | $373.9M | $413.7M |
| 2024 | $406.3M | $397.9M | $394.4M | - |
Do you work at RBC Bearings?
Did RBC Bearings meet its revenue projections?
| CEO | Michael J. Hartnett |
| Industry | Capital Goods |
| Company Type | Public |
| Employees Number | 3,500 |
| Date Founded | 1919 |
| Headquarters | Oxford, Connecticut |
| Number of Locations | 19 |
| Revenue | $1.6B |
| Net Income | $166,700,000 |
| Gross Proft | $670.5M (2023) |
| PE Ratio | 17.93 |
| Tax Rate | 0.2% |
| Market Capitalization | $3.8B |
| Total Assets | $4,690,400,000 |
| Ticker | ROLL |
RBC Bearings received early financing of $0.0 on 1992-03-01.
| Series | Round size | Date |
|---|---|---|
| Private Equity Round - RBC Bearings | 03/1992 |
| Investors | Security type |
|---|---|
| Aurora Capital Partners | Private Equity Round - RBC Bearings |
RBC Bearings's top competitor, Northstar Aerospace, earned an annual revenue of $600.0M.
RBC Bearings's smallest competitor is Applied Composites with revenue of $9.0M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Universal Avionics | $69,831 | $124.4M | 570 | 16 |
| Viking Materials | $52,049 | $51.6M | 63 | - |
| Firth Rixson | $41,277 | $30.0M | 80 | - |
| Barnes Aerospace | $57,412 | $501.0M | 5,000 | 7 |
| Senior Aerospace S | $54,361 | $24.0M | 292 | - |
| NMG Aerospace | $47,669 | $158.4M | 200 | 10 |
| Hitchiner Manufacturing Co | $50,144 | $560.0M | 1,767 | - |
| Northstar Aerospace | $52,876 | $600.0M | 1,480 | 2 |
| Continental Aerospace Technologies | $72,488 | $71.0M | 150 | - |
| Applied Composites | $38,982 | $9.0M | 20 | 23 |
Zippia gives an in-depth look into the details of RBC Bearings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about RBC Bearings. The employee data is based on information from people who have self-reported their past or current employments at RBC Bearings. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by RBC Bearings. The data presented on this page does not represent the view of RBC Bearings and its employees or that of Zippia.
RBC Bearings may also be known as or be related to RBC BEARINGS INC, RBC Bearings, RBC Bearings Incorporated, Rbc Bearings and Rbc Bearings Incorporated.