RBC Bearings Q3 net sales increase 5.5% YoY
RBC Bearings Inc., international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, reported its third quarter net sales of $394.4 million increased 5.5% over last year.
Its Aerospace/Defense segment rose 10.7% and the Industrial segment was up 2.7%. Gross margin of 44.3% ticked up compared to 42.3% last year.
“RBC delivered another quarter of strong operational performance with A&D segment sales up 10.7% year over year and Industrial segment sales up 2.7%,” said Dr. Michael J. Hartnett, chairman and CEO. “On the A&D side, sales trends were robust despite headwinds from a commercial aerospace OEM strike as broader demand for our production capacity remained strong and customers begin to prepare for an expected volume recovery as we move through calendar 2025. On the Industrial side, we delivered on our outlook for returning to growth in our fiscal third quarter fueled by a combination of organic growth initiatives, expected share gains, and continued favorable end market mix. Additionally, it was another great quarter for free cash flow conversion, coming in at 127%, and we used that cash to continue to de-leverage our balance sheet, with trailing net leverage finishing the quarter at 1.8x.”
SG&A for the third quarter of fiscal 2025 was $70.1 million, an increase of $6.2 million from $63.9 million for the same period last year. As a percentage of net sales, SG&A was 17.8% for the third quarter of fiscal 2025 compared to 17.1% for the same period last year.
Operating income for the third quarter of fiscal 2025 was $85.6 million compared to $75.2 million for the same period last year. On an adjusted basis, operating income was $85.7 million for the third quarter of fiscal 2025 compared to $75.4 million for the same period last year.