RBC Bearings (RBC) Depreciation and Depletion (2009 - 2023)
RBC Bearings (RBC) reported Depreciation and Depletion of -$39.6 million for Q2 2023, down 240.74% year-over-year from $28.1 million in Q2 2022, and down 237.81% quarter-over-quarter from $28.7 million in Q4 2022.
RBC Bearings (RBC) Depreciation and Depletion (2009 - 2023) Analysis & Trends
RBC Bearings (RBC) has 15 years of Depreciation and Depletion data on file, last reported at -$39.6 million in Q2 2023.
- Depreciation and Depletion for Q2 2023 came in at -$39.6 million, down 240.74% year-over-year; the trailing twelve-month figure through Apr 2023 was $46.2 million (down 29.47% YoY), and the FY2026 annual result was $47.8 million, up 602.94% from the prior year.
- Depreciation and Depletion eased to -$39.6 million in Q2 2023 per RBC's latest filing, from $28.7 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $28.7 million in Q4 2022 and troughed at -$39.6 million in Q2 2023.
- A 5-year average of $10.6 million and a median of $8.2 million in 2021 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2022 and 2023: Depreciation and Depletion jumped 256.81% in 2022, then sank 240.74% in 2023.
- A 5-year view of Depreciation and Depletion shows it stood at $5.5 million in 2019, then soared by 138.47% to $13.1 million in 2020, then slumped by 33.85% to $8.6 million in 2021, then soared by 232.48% to $28.7 million in 2022, then plunged by 237.81% to -$39.6 million in 2023.
- Business Quant data shows RBC's Depreciation and Depletion at -$39.6 million in Q2 2023, $28.7 million in Q4 2022, and $28.4 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn | 19.70 Mn |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn | - |
| 3 | Lincoln Electric Holdings | 14.37 Bn | 14.06 Bn | 399.13 Mn | - |
| 4 | Stanley Black & Decker | 11.91 Bn | 11.58 Bn | 1.16 Bn | - |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn | - |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn | 23.20 Mn |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn | 35.78 Mn |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn | 22.00 Mn |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn | - |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 | 291,142.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 1, 2023 | -39.61 Mn |
| Apr 1, 2023 | -39.61 Mn |
| Dec 31, 2022 | 28.74 Mn |
| Dec 31, 2022 | 28.74 Mn |
| Oct 1, 2022 | 28.43 Mn |
| Oct 1, 2022 | 28.43 Mn |
| Jul 2, 2022 | 28.64 Mn |
| Jul 2, 2022 | 28.64 Mn |
| Apr 2, 2022 | 28.15 Mn |
| Apr 2, 2022 | 28.15 Mn |
| Jan 1, 2022 | 20.50 Mn |
| Jan 1, 2022 | 20.50 Mn |
| Oct 2, 2021 | 8.65 Mn |
| Oct 2, 2021 | 8.65 Mn |
| Jul 3, 2021 | 8.21 Mn |
| Jul 3, 2021 | 8.21 Mn |
| Apr 3, 2021 | 7.89 Mn |
| Apr 3, 2021 | 7.89 Mn |
| Dec 26, 2020 | 13.07 Mn |
| Dec 26, 2020 | 13.07 Mn |