Rbc Bearings Incorporated · NYSE:RBC
Rbc Bearings — Investor Presentation (May 2026)
22 slides from Rbc Bearings's investor presentation, May 2026
Slide 1: RBC Bearings Investor Presentation
RBC Bearings Investor Presentation May 2026
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements in this document contain “forward-looking statements.” All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including the following: any projections of earnings, revenue or
Slide 3: RBC Bearings at a Glance
RBC Bearings at a Glance Five Year FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 2 CAGR Highly Engineered Products RBC manufactures highly engineered precision Net Sales $1,870.9M $1,636.3M $1,560.3M $1,469.3M $942.9M 25.2% bearings, components and essential systems for the industrial, aerospace & defense
Slide 4: Products
Products Highly engineered precision components Motion Control & Engineered Bearings Gearing Power Transmission Components Plain Bearings Quantis Gearmotor Couplings Rods & Integral Links Roller Bearings Torque Arms Mechanical Drive Hydraulics & Valves Mounted Bearings Motorized Torque Arms Componen
Slide 5: Aerospace & Defense
Aerospace & Defense FY 2026 A&D by Channel A&D End Markets Defense Aftermarket Other Defense 10% Rotary Wing 5% Fixed Wing 5% 20% Commercial Missiles & Bombs Aftermarket 6% 11% Space & Satellite Commercial 9% OEM 49% Engines 15% Direct Spares 13% Defense OEM 30% Marine Subsystems & 13% Components 14
Slide 6: Industrial
Industrial FY 2026 Industrial by Channel Industrial End Markets Warehousing & Grain Logistics 5% Aggregate & 5% Cement Chem, Oil & Gas 18% OEM 6% 31% Forest Products 7% Other Manufacturing Food & 17% Beverage 10% Aftermarket & Distribution 69% Multi-Industry Mining & Metals OEM 16% 16% Note: Estimat
Slide 7: RBC is a Growth Company
RBC is a Growth Company We target sustainable double-digit top line growth Revenue |-------------------------------------------------------------------- 11% CAGR -------------------------------------------------------------------------| $2,000 |------------------------------------------ 13% CAGR ---
Slide 8: Driven by a Combination of Organic & Acquisitive Growth
Driven by a Combination of Organic & Acquisitive Growth Solid MSD+ organic growth complimented by regular M&A Revenue by Source +8% Average Annual Organic Growth $1,800 $1,600 Millions ($USD) $1,400 $1,200 +6% Average Annual $1,000 Organic Growth $800 +7% Average Annual $600 Organic Growth $400 $200
Slide 9: What Differentiates RBC
What Differentiates RBC The RBC Strategy Focus on Niche / RBC Ops Manufacturing Strategic Inventory Proprietary Products Management System Leadership Contains RBC Proprietary Information ©2026 RBC Bearings Incorporated. All rights reserved. 9
Slide 10: Award Winning Supplier
Award Winning Supplier 2022 Supplier of the Year 2022 Supplier of the Year 2024 Supplier of the Year 2025 Quality Excellence Award The Boeing Company Curtiss-Wright IBT GE Aerospace Risk Management RBC Aircraft Products Dodge Industrial Airtomic Contains RBC Proprietary Information ©2026 RBC Bearing
Slide 11: Organic Growth Strategy
Organic Growth Strategy New product and new market development drives organic content & share growth 44 ~3 - 4 Targeted Manufacturing Projects per Facilities Year Contains RBC Proprietary Information ©2026 RBC Bearings Incorporated. All rights reserved. 11
Slide 12: Compounded by Margin Expansion and Cash Conversion
Compounded by Margin Expansion and Cash Conversion Driven by expanding scale and premium positioning 2 Adj. Gross Margin % FCF Margin 1 Free Cash Flow Conversion 50% 25% 250% 45% 20% 200% 40% 15% 150% 35% 10% 100% 30% 5% 50% 25% 0% 0% FY06 FY11 FY18 FY25 FY05 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14
Slide 13: That Growth Has Been Reflected in the Share Value
That Growth Has Been Reflected in the Share Value Long-term investors have been rewarded RBC Total Shareholder Return $600 $569 3-Year 158% $532 5-Year 189% $500 10-Year 693% $400 Since IPO (2005) 3,838% $326 $300 $270 $233 $198 $200 $196 $124 $127 $97 $100 $76 $74 $63 $110 $46 $51 $33 $36 $32 $39 $
Slide 14: A Decade of High Performance
A Decade of High Performance FY 2016 FY 2026 Market Capitalization $1.7B $18.0B Share Price $71.93 $569.06 2 3 Adjusted EBITDA $154.8M $605.3M 1 2 +785 bps 3 FCF Margin 10.5% 18.3% • Integrate 2015 Sargent acquisition & expand A&D • Integrate Vacco acquisition and increase Strategic Priorities segme
Slide 15: Appendix
Appendix
Slide 16: Acquisitive Growth Strategy
Acquisitive Growth Strategy Combination of Platform & Bolt-On acquisitions Platform Acquisitions Bolt-on Acquisitions Contains RBC Proprietary Information ©2026 RBC Bearings Incorporated. All rights reserved. 16
Slide 17: Resulting in Cash That Can be Reinvested for More Growth
Resulting in Cash That Can be Reinvested for More Growth 71% through-cycle CAGR in Free Cash Flow Free Cash Flow |------------------------------------------------ 71% CAGR -----------------------------------------------| $350 $300 $250 Millions ($USD) $200 $150 $100 $50 $0 FY24 FY04 FY05 FY06 FY07 F
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures In addition to disclosing results of operations that are determined in accordance with U.S. generally accepted accounting principles (GAAP), this document also discloses non-GAAP results of operations that exclude certain items. These non-GAAP measures adjust for items th
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures Adjusted EBITDA We use the term “Adjusted EBITDA” to describe net income adjusted for the items summarized in the “Reconciliation of GAAP to Non-GAAP Financial Measures” table. Adjusted EBITDA is intended to show our unleveraged, pre-tax operating results and therefore re
Slide 20: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures Twelve Months Ended Reconciliation of Reported Gross Margin to March 28, March 29, March 30, April 1, April 2, Adjusted Gross Margin: 2026 2025 2024 2023 2022 Reported gross margin $ 830.2 $ 726.1 $ 670.5 $ 604.8 $ 357.1 Inventory step-up 13.2 -
Slide 21: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures Twelve Months Ended Reconciliation of Reported Net Income to Adjusted Net March 28, March 29, March 30, April 1, April 2, Income Attributable to Common Stockholders: 2026 2025 2024 2023 2022 Reported net income $ 287.6 $ 246.2 $ 209.9 $ 166.7 $ 5
Slide 22: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures Twelve Months Ended Reconciliation of Reported Net Income to March 28, March 29, March 30, April 1, April 2, Adjusted EBITDA: 2026 2025 2024 2023 2022 Reported net income $ 287.6 $ 246.2 $ 209.9 $ 166.7 $ 54.7 Interest expense, net 49.8 59.8 78.7