RBC Bearings (RBC) Depreciation and Depletion (2009 - 2023)
RBC Bearings' (RBC) quarterly Depreciation and Depletion came in at -$39.6 million in Q2 2023, down 240.74% year-on-year from $28.1 million in Q2 2022, and down 237.81% on a QoQ basis 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.
- On a quarterly basis, Depreciation and Depletion fell 240.74% year-over-year to -$39.6 million in Q2 2023; TTM through Apr 2023 was $46.2 million, a 29.47% decrease from a year earlier, with the FY2026 full-year figure at $6.5 million, down 4.41% from the prior year.
- Depreciation and Depletion for Q2 2023 stood at -$39.6 million, down from $28.7 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for RBC reached as high as $28.7 million in Q4 2022 and fell as low as -$39.6 million in Q2 2023.
- Historically, Depreciation and Depletion has averaged $10.6 million across 5 years, with a median of $8.2 million in 2021.
- Across the five-year window, Depreciation and Depletion surged 256.81% in 2022 and tumbled 240.74% in 2023, its largest moves.
- Year by year, Depreciation and Depletion stood at $5.5 million in 2019, then soared by 138.47% to $13.1 million in 2020, then tumbled by 33.85% to $8.6 million in 2021, then soared by 232.48% to $28.7 million in 2022, then sank by 237.81% to -$39.6 million in 2023.
- Per Business Quant data, the three most recent Depreciation and Depletion figures were -$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 | 20.52 Bn | 18.79 Bn | 635.20 Mn | 20.20 Mn |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | - |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | - |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | - |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | - |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 23.20 Mn |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 35.78 Mn |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 22.00 Mn |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | - |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 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 |