Regal Beloit (RRX) financial statements
Regal Beloit reported revenue of $5.9B in fiscal 2025, up 7.0% a year over 9 years.
Net income was $280M and the operating margin 11.5%, against 10.0% in 2016.
Free cash flow was $893M, and the company returned $93M in dividends.
The diluted share count rose 48% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Regal Beloit's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2B | $3.4B | $3.6B | $3.2B | $2.9B | $3.8B | $5.2B | $6.3B | $6.0B | $5.9B |
| Cost of revenue | $2.4B | $2.5B | $2.7B | $2.4B | $2.1B | $2.7B | $3.5B | $4.2B | $3.8B | $3.7B |
| Gross profit | $865M | $884M | $965M | $861M | $807M | $1.1B | $1.7B | $2.1B | $2.2B | $2.2B |
| Research and development | $30M | $30M | $29M | $65M | $67M | $74M | $107M | $171M | $176M | $199M |
| Operating income | $322M | $331M | $347M | $351M | $278M | $358M | $690M | $377M | $630M | $681M |
| Interest expense | $59M | $56M | $55M | $53M | $40M | $60M | $87M | $431M | $400M | $349M |
| Pre-tax income | $266M | $277M | $292M | $304M | $248M | $310M | $614M | -$2M | $248M | $352M |
| Income tax | $57M | $59M | $56M | $61M | $56M | $75M | $119M | $53M | $50M | $72M |
| Net income | $203M | $213M | $231M | $239M | $188M | $230M | $489M | -$57M | $196M | $280M |
| EPS (diluted) | $4.52 | $4.74 | $5.26 | $5.66 | $4.60 | $4.81 | $7.29 | -$0.87 | $2.94 | $4.20 |
| Diluted shares | 45M | 45M | 44M | 42M | 41M | 48M | 67M | 66M | 67M | 67M |
| Gross margin | 26.8% | 26.3% | 26.5% | 26.6% | 27.7% | 29.2% | 32.0% | 33.1% | 36.3% | 37.4% |
| Operating margin | 10.0% | 9.9% | 9.5% | 10.8% | 9.6% | 9.4% | 13.2% | 6.0% | 10.4% | 11.5% |
| Net margin | 6.3% | 6.3% | 6.3% | 7.4% | 6.5% | 6.0% | 9.4% | -0.9% | 3.3% | 4.7% |
Balance sheet
Fiscal years, from Regal Beloit's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $284M | $140M | $249M | $331M | $611M | $673M | $688M | $574M | $394M | $522M |
| Receivables | $462M | $506M | $552M | $461M | $432M | $786M | $797M | $922M | $843M | $524M |
| Inventory | $661M | $757M | $767M | $678M | $690M | $1.2B | $1.3B | $1.3B | $1.2B | $1.3B |
| Total current assets | $1.5B | $1.6B | $1.8B | $1.6B | $1.9B | $2.8B | $3.0B | $3.4B | $2.8B | $2.7B |
| Property, plant and equipment | $628M | $623M | $616M | $605M | $556M | $908M | $807M | $1.0B | $921M | $912M |
| Goodwill | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B | $4.0B | $4.0B | $6.6B | $6.5B | $6.6B |
| Total assets | $4.4B | $4.4B | $4.6B | $4.4B | $4.6B | $10.4B | $10.3B | $15.4B | $14.0B | $13.9B |
| Total current liabilities | $702M | $712M | $684M | $560M | $822M | $1.1B | $1.0B | $1.3B | $1.2B | $1.3B |
| Long-term debt | $1.3B | $1.0B | $1.3B | $1.1B | $840M | $1.9B | $2.0B | $6.4B | $5.5B | $4.8B |
| Total liabilities | $2.3B | $2.0B | $2.3B | $2.0B | $2.0B | $4.0B | $3.8B | $9.1B | $7.8B | $7.1B |
| Shareholders' equity | $2.0B | $2.3B | $2.3B | $2.4B | $2.5B | $6.4B | $6.4B | $6.3B | $6.3B | $6.8B |
| Net debt | $1.1B | $1.0B | $1.1B | $806M | $460M | $1.2B | $1.3B | $5.8B | $5.1B | $4.3B |
Cash flow
Fiscal years, from Regal Beloit's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $442M | $292M | $363M | $408M | $435M | $358M | $436M | $715M | $609M | $991M |
| Capital spending | $65M | $65M | $78M | $92M | $48M | $54M | $84M | $119M | $110M | $98M |
| Free cash flow | $377M | $227M | $285M | $316M | $388M | $303M | $352M | $596M | $500M | $893M |
| Stock-based compensation | $13M | $14M | $17M | $13M | $9M | $25M | $22M | $58M | $35M | $37M |
| Dividends paid | $42M | $44M | $47M | $49M | $49M | $336M | $91M | $93M | $93M | $93M |
| Share buybacks (net) | $0 | -$45M | -$128M | -$165M | -$25M | -$26M | -$239M | $0 | -$50M | $0 |
| Net borrowing | -$324M | -$277M | $89M | -$90M | -$50M | -$451M | — | — | — | — |
| Free cash flow margin | 11.7% | 6.7% | 7.8% | 9.8% | 13.3% | 8.0% | 6.8% | 9.5% | 8.3% | 15.0% |
| Dividends per share | $0.94 | $0.99 | $1.08 | $1.16 | $1.19 | $7.04 | $1.35 | $1.40 | $1.39 | $1.40 |
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What was Regal Beloit's revenue in 2025?
$5.9B in fiscal 2025, from its 10-K filing.
How much free cash flow does Regal Beloit generate?
$893M in fiscal 2025 (operating cash flow minus capital spending).
From Regal Beloit's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.