Regal Rexnord (RRX) FY2025 results: revenue $5.9 billion, down 1.6% on the year
Regal Rexnord Corp. (RRX) reported revenue of $5.9 billion for fiscal 2025, the year ended 31 December 2025, down 1.6% on the year before. Net income was $280 million, up 42.5%, and diluted earnings per share $4.20. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2026.
this yearthe year beforeHover a bar for its figure.
The year in brief
What management said about the year
Guidance figures: 1 lowered, 3 new.
- Fourth-quarter sales rose 4.3%: Net sales were $1,523.2 million, up 4.3%, or 2.9% organically. Full-year sales were $5,934.5 million, down 1.6%, or up 0.8% organically.
- Adjusted EBITDA rose 3.4%: Adjusted EBITDA was $328.5 million in the quarter, up 3.4%. Full-year adjusted EBITDA was $1,307.1 million, up 0.8% from $1,297.1 million excluding Industrial Systems.
- Automation & Motion Control sales rose 17.2%: Sales were $480.4 million, up 17.2%, or 15.2% organically. Adjusted EBITDA margin was 20.5%, against 21.6% a year earlier.
- Discrete automation orders up over 9%: AMC's discrete automation business grew orders by over 9%, aided by robotics traction including humanoids and new motion control product launches.
- Gross margin rose to 37.5%: Gross margin was 37.5%, against 34.9%. Adjusted gross margin was 37.6%, up 50 basis points from the prior year.
From this 10-K
Regal Rexnord makes products that power, transmit and control motion: electric motors and air moving subsystems that create motion, power transmission components that carry it to industrial machinery, and automation products such as controllers, drives, precision motors and actuators. Its automation products are used in applications ranging from factory automation to precision tools for surgery. It is headquartered in Milwaukee, Wisconsin, with manufacturing, sales and service facilities worldwide, and it reports three segments, Automation & Motion Control, Industrial Powertrain Solutions and Power Efficiency Solutions.
The four quarters: Q1 FY2025 · Q2 FY2025 · Q3 FY2025 · Q4 FY2025
Income statement (profit and loss)
| $ million | FY2025 | FY2024 | FY2023 | On the year | Last 8 years |
|---|---|---|---|---|---|
| Revenue | 5,934 | 6,034 | 6,251 | -1.6% | |
| Cost of revenue | 3,717 | 3,843 | 4,183 | -3.3% | |
| Gross profit | 2,218 | 2,191 | 2,067 | +1.2% | |
| Gross margin | 37.4% | 36.3% | 33.1% | ||
| Research and development | 199 | 176 | 171 | +12.6% | |
| Operating income | 681 | 630 | 377 | +8.1% | |
| Operating margin | 11.5% | 10.4% | 6.0% | ||
| Interest expense | 349 | 400 | 431 | -12.6% | |
| Pre-tax income | 352 | 248 | -1.6 | +42.1% | |
| Income tax | 71.7 | 49.6 | 52.7 | +44.6% | |
| Effective tax rate | 20.3% | 20.0% | n/a | ||
| Net income | 280 | 196 | -57.4 | +42.5% | |
| Net margin | 4.7% | 3.3% | -0.9% | ||
| Diluted EPS | $4.20 | $2.94 | -$0.87 | +42.9% |
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Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.Cash flow
| $ million | FY2025 | FY2024 | FY2023 | On the year | Last 8 years |
|---|---|---|---|---|---|
| Operating cash flow | 991 | 609 | 715 | +62.6% | |
| Capital expenditure | 97.7 | 110 | 119 | -10.8% | |
| Free cash flow | 893 | 500 | 596 | +78.7% | |
| Free cash flow margin | 15.0% | 8.3% | 9.5% | ||
| Cash from investing | -71.0 | 275 | -4,983 | ||
| Cash from financing | -814 | -1,096 | 4,204 | ||
| Depreciation and amortisation | 501 | 512 | 493 | -2.2% | |
| Share-based compensation | 37.3 | 34.8 | 58.2 | +7.2% | |
| Buybacks | 0.0 | 50.0 | 0.0 | ||
| Dividends paid | 93.0 | 93.0 | 92.8 | 0.0% | |
| Dividend per share | $1.40 | $1.40 | $1.40 | 0.0% | |
| Diluted shares, weighted | 67m | 67m | 66m | -0.1% | |
| Shares outstanding at period end | 66m | 66m | 66m | +0.2% |
Balance sheet
| $ million | FY2025 | FY2024 | FY2023 | On the year | Last 8 years |
|---|---|---|---|---|---|
| Shareholders' equity | 6,844 | 6,260 | 6,344 | +9.3% | |
| Non-controlling interest | 9.2 | 7.4 | 20.8 | +24.3% | |
| Debt | 4,819 | 5,500 | 6,381 | -12.4% | |
| Operating lease liabilities | 114 | 114 | 132 | -0.1% | |
| Other liabilities | 2,135 | 2,153 | 2,553 | -0.8% | |
| Total liabilities and equity | 13,921 | 14,034 | 15,431 | -0.8% | |
| Goodwill | 6,611 | 6,459 | 6,553 | +2.4% | |
| Intangible assets | 3,418 | 3,664 | 4,083 | -6.7% | |
| Cash and equivalents | 522 | 394 | 574 | +32.6% | |
| Receivables | 524 | 843 | 922 | -37.8% | |
| Inventory | 1,322 | 1,228 | 1,274 | +7.7% | |
| Other assets | 1,524 | 1,446 | 2,025 | +5.3% | |
| Total assets | 13,921 | 14,034 | 15,431 | -0.8% |
10-K for the year ended 31 December 2025, filed 20 February 2026: the filing.