RBC Bearings (ROLL) Presents At Bank of America Global Industrials Conference - Slideshow

Company Overview - RBC Bearings is a leading international manufacturer of highly-engineered, custom configuration, performance-critical bearings and components[7] - The company has a diversified customer base, serving industry-leading customers in a wide array of end markets[4] - RBC Bearings has a strong recurring revenue base, driven by OEM and replacement parts[4] - The company has a proven track record of growth, with a net sales CAGR of 10% over the past twenty-five years[4, 7, 47] - RBC Bearings has completed 26 acquisitions since 1992[4] Financial Performance - In fiscal year 2020, RBC Bearings reported revenue of $7275 million and adjusted net income of $1264 million[49, 50] - Organic sales grew by 43% in fiscal year 2020[7, 50] - For Q3 YTD fiscal year 2021, revenue was $4487 million, down 172% year over year, and adjusted net income was $695 million[8, 53, 54] - Organic sales decreased by 176% for Q3 YTD fiscal year 2021[7, 54] - Aftermarket sales represent approximately 37% of revenues by design[24] - Approximately 65% of FY 2020 revenue is under long-term contracts[24]