RBC Bearings vs SPX Technologies
SPX Technologies reported revenue of $2.3 billion in fiscal 2025, 1.2 times RBC Bearings' $1.9 billion in fiscal 2026. RBC Bearings' revenue grew 14.3% in its latest year, and SPX Technologies' grew 14.2%. RBC Bearings had an operating margin of 22.5%, against 15.5% at SPX Technologies. Free cash flow was $343 million at RBC Bearings and $241 million at SPX Technologies. Their fiscal years end in different months (March 28 and December 31), so the periods don't line up exactly.
Side by side
| RBC Bearings | SPX Technologies | |
|---|---|---|
| Latest fiscal year | FY2026, Mar 28, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $1.9B | $2.3B |
| Revenue growth | 14.3% | 14.2% |
| Revenue growth a year, last 5 years | 25.2% | 15.0% |
| Gross margin | 44.4% | 40.5% |
| Operating margin | 22.5% | 15.5% |
| Net margin | 15.4% | 10.8% |
| Free cash flow | $343M | $241M |
| Free cash flow margin | 18.3% | 10.7% |
| Return on capital | 8.0% | 13.0% |
| Net debt to EBITDA | 1.6x | 0.3x |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | 4.2% | 3.0% |
| Last close | $477.84 | $161.79 |
| P/E at the last close | 47.2× | 29.0× |
| Insider trades, last 12 months | sold $4.5 million | sold $19.9 million |
| Piotroski F-score | 6 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
RBC BearingsSPX Technologies
Operating margin
Percent of revenue
RBC BearingsSPX Technologies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
RBC BearingsSPX Technologies
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the RBC Bearings and SPX Technologies pages.