RBC Historical Income Statement
| RBC Stock | USD 336.82 12.37 3.81% |
Historical analysis of RBC Bearings income statement accounts such as Other Operating Expenses of 1.3 B, Operating Income of 359.3 M, EBIT of 363.4 M or Ebitda of 488.7 M can show how well RBC Bearings Incorporated performed in making a profits. Evaluating RBC Bearings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of RBC Bearings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining RBC Bearings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RBC Bearings is a good buy for the upcoming year.
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About RBC Income Statement Analysis
RBC Bearings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to RBC Bearings shareholders. The income statement also shows RBC investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
RBC Bearings Income Statement Chart
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Total Revenue
Total revenue comprises all receipts RBC Bearings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of RBC Bearings Incorporated minus its cost of goods sold. It is profit before RBC Bearings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of RBC Bearings. It is also known as RBC Bearings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from RBC Bearings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of RBC Bearings Incorporated is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from RBC Bearings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into RBC Bearings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RBC Bearings Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, RBC Bearings' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.6 B, whereas Total Other Income Expense Net is projected to grow to (76.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 942.9M | 1.5B | 1.6B | 1.6B | Interest Expense | 41.5M | 76.7M | 78.7M | 82.6M |
RBC Bearings income statement Correlations
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RBC Bearings Account Relationship Matchups
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RBC Bearings income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 31.4M | 32.7M | 65.5M | 122.6M | 119.3M | 125.3M | |
| Interest Expense | 1.9M | 1.4M | 41.5M | 76.7M | 78.7M | 82.6M | |
| Total Revenue | 727.5M | 609.0M | 942.9M | 1.5B | 1.6B | 1.6B | |
| Gross Profit | 289.1M | 234.1M | 357.1M | 604.8M | 600.1M | 630.1M | |
| Other Operating Expenses | 560.9M | 480.9M | 744.5M | 1.1B | 1.2B | 1.3B | |
| Operating Income | 124.6M | 78.7M | 63.7M | 171.0M | 342.2M | 359.3M | |
| Ebit | 124.6M | 111.5M | 120.3M | 286.4M | 346.1M | 363.4M | |
| Ebitda | 156.0M | 144.2M | 185.8M | 409M | 465.4M | 488.7M | |
| Cost Of Revenue | 438.4M | 374.9M | 585.9M | 864.5M | 960.2M | 1.0B | |
| Total Operating Expenses | 122.6M | 106M | 158.6M | 229.7M | 328.6M | 345.0M | |
| Income Before Tax | 154.1M | 110.1M | 87.7M | 209.7M | 261.8M | 274.9M | |
| Total Other Income Expense Net | 29.5M | (4.5M) | 24.0M | 38.7M | (80.4M) | (76.4M) | |
| Net Income | 120.4M | 90.1M | 42.7M | 166.7M | 209.9M | 220.4M | |
| Income Tax Expense | 28.1M | 20.4M | 22.7M | 43.0M | 51.9M | 54.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether RBC Bearings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RBC Bearings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rbc Bearings Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rbc Bearings Incorporated Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RBC Bearings Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RBC Bearings. If investors know RBC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RBC Bearings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Earnings Share 6.87 | Revenue Per Share 54.835 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0475 |
The market value of RBC Bearings is measured differently than its book value, which is the value of RBC that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.