OverviewSuggest Edit

Regal Beloit Corporation is a manufacturer of electric motors, electrical motion controls, power generation, and power transmission products. It operates in four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial Systems segment offers AC and DC motors and precision stator and rotor kits. The Industrial Systems segment designs integral and large AC motors, electric alternators, and power generation switchgear. The Climate Solutions segment manufactures fractional motors, electronic variable speed controls, and blowers used in a variety of residential and light commercial air moving applications. The Power Transmission Solutions segment comprises mounted and unmounted bearings, conveyor products, disc, diaphragm, and gear couplings, mechanical power transmission drives and components, and gearboxes for motion control within complex equipment and systems.

TypePublic
Founded1955
HQBeloit, US
Websiteregalbeloit.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2019)19,560(-20%)
Job Openings128
Revenue (FY, 2019)$3.2 B(-11%)
Share Price (Nov 2020)$119.2
Cybersecurity ratingDMore

Key People/Management at Regal Beloit

Louis V. Pinkham

Louis V. Pinkham

Chief Executive Officer, Director
Robert J. Rehard

Robert J. Rehard

Vice President, Chief Financial Officer
John M. Avampato

John M. Avampato

Vice President, Chief Information Officer
Scott D. Brown

Scott D. Brown

President, Commercial Systems Segment
John C. Kunze

John C. Kunze

President, Climate Solutions Segment
Cheryl A. Lewis

Cheryl A. Lewis

Vice President, Chief Human Resources Officer
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Regal Beloit Office Locations

Regal Beloit has offices in Beloit, Avon, Florence, Bungalow and in 30 other locations
Beloit, US (HQ)
200 State St
Avon, US
9899 Bradford Rd
Florence, US
7120 New Buffington Rd
Bungalow, AU
2/159 Newell St
Rowville, AU
19 Corporate Ave
Wetherill Park, AU
8 Bushells Pl
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Regal Beloit Financials and Metrics

Regal Beloit Revenue

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Regal Beloit's revenue was reported to be $3.24 b in FY, 2019 which is a 11.2% decrease from the previous period.
USD

Revenue (Q2, 2020)

634.1m

Gross profit (Q2, 2020)

170.3m

Gross profit margin (Q2, 2020), %

26.9%

Net income (Q2, 2020)

29.3m

EBIT (Q2, 2020)

45.9m

Market capitalization (17-Nov-2020)

4.8b

Closing stock price (17-Nov-2020)

119.2

Cash (27-Jun-2020)

432.2m

EV

5.6b
Regal Beloit's current market capitalization is $4.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

3.4b3.6b3.2b

Revenue growth, %

4%8%(11%)

Cost of goods sold

2.5b2.7b2.4b

Gross profit

884.1m964.6m860.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

878.8m959.7m925.4m853.8m873.7m772.3m734.2m634.1m

Cost of goods sold

643.9m712.3m682.8m619.2m639.7m570.4m530.9m463.8m

Gross profit

234.9m247.4m242.6m234.6m234.0m201.9m203.3m170.3m

Gross profit Margin, %

27%26%26%27%27%26%28%27%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

139.6m248.6m331.4m

Accounts Receivable

506.3m551.9m461.4m

Inventories

757.1m767.2m678.4m

Current Assets

1.6b1.8b1.6b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

218.1m235.8m242.6m

Depreciation and Amortization

137.2m142.4m134.5m

Inventories

(83.0m)(42.7m)68.6m

Accounts Payable

37.7m41.1m(80.3m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

59.3m126.6m179.3m86.8m154.2m205.0m46.7m76.0m

Depreciation and Amortization

34.8m71.0m106.3m34.3m91.9m100.4m32.6m65.9m

Cash From Operating Activities

42.5m144.3m250.3m18.3m130.6m271.2m102.7m189.6m

Purchases of PP&E

(19.3m)(40.5m)(59.2m)(20.2m)(56.2m)(77.3m)(10.9m)(20.4m)
USDFY, 2017

EV/EBIT

10.2 x

EV/CFO

11.5 x

Financial Leverage

1.9 x

P/E Ratio

16.1
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Regal Beloit Operating Metrics

Regal Beloit's Backlog was reported to be $415.9m in FY, 2019.
FY, 2017FY, 2018FY, 2019

Backlog

$447.20 m$493.40 m$415.90 m

Non-Provisional Patents Issued Yearly (US)

46 40 28

Provisional Patents Issued Yearly (US)

14 2 4

Non-Provisional Patents Issued Yearly (Foreign)

77 60 56
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Regal Beloit Acquisitions / Subsidiaries

Company NameDateDeal Size
Nicotra Gebhardt SPAFebruary 28, 2018$161.50 m
Power Transmission Solutions IncDecember 15, 2014$1.40 b
Benshaw IncJuly 01, 2014
Hy-Bon/EDIFebruary 07, 2014
Cemp SrlNovember 21, 2013
Milwaukee Gear CompanyFebruary 03, 2012
Australian Fan and Motor Company Pty. Ltd.June 10, 2011
Ramu Inc.April 05, 2011
Dutchi Motors B.VSeptember 30, 2008
Wuxi Hwada Motor Co., Ltd.April 25, 2008
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Regal Beloit Revenue Breakdown

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Regal Beloit revenue breakdown by business segment: 29.9% from Climate Solutions, 17.8% from Industrial Systems, 28.0% from Commercial Systems and 24.4% from Power Transmission Solutions

Regal Beloit revenue breakdown by geographic segment: 9.8% from Europe, 10.6% from Asia, 75.5% from North America and 4.1% from Other

Regal Beloit Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

Regal Beloit Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Regal Beloit Online and Social Media Presence

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Regal Beloit Company Culture

  • CEO Rating

    A+

    80/100

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Regal Beloit News and Updates

Three-Way Sortation System

Regal Beloit has introduced the Modsort Trident, a three-way sortation system. It has a four-zone infeed that gaps a product, reads the package, and sends it down a belt, where it then diverts left, right or straight on a 30-deg. spur-curve to one of three sorting locations.

Regal Beloit Corp (NYSE:RBC) Receives Average Rating of "Hold" from Brokerages

Regal Beloit Corp (NYSE:RBC) has been assigned a consensus rating of "Hold" from the eight research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have given a b…

KeyCorp Raises Regal Beloit (NYSE:RBC) Price Target to $110.00

Regal Beloit (NYSE:RBC) had its price objective raised by research analysts at KeyCorp from $100.00 to $110.00 in a research report issued on Monday, Stock Target Advisor reports. The brokerage presently has an "overweight" rating on the industrial products company's stock. KeyCorp's target price in…

Regal Beloit Corporation – Consensus Indicates Potential 8.3% Upside

Regal Beloit Corporation with ticker code (RBC) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 126 and 95 and has a mean target at 108. With the stocks previous close at 99.72 this would …

Regal Launches Regal Perceptiv Intelligence

Regal Beloit, a leading manufacturer of electric motors, electrical motion controls, power generation, and power transmission components, announces the launch of Regal Perceptiv intelligence.

Regal Beloit Corporation to Hold Third Quarter 2020 Earnings Conference Call on Thursday, October 29, 2020

Regal Beloit Corporation (NYSE: RBC) announced today that it plans to release its third quarter 2020 financial results after the market closes on Wednesday, October 28, 2020.
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Regal Beloit Frequently Asked Questions

  • When was Regal Beloit founded?

    Regal Beloit was founded in 1955.

  • Who are Regal Beloit key executives?

    Regal Beloit's key executives are Louis V. Pinkham, Robert J. Rehard and John M. Avampato.

  • How many employees does Regal Beloit have?

    Regal Beloit has 19,560 employees.

  • What is Regal Beloit revenue?

    Latest Regal Beloit annual revenue is $3.2 b.

  • What is Regal Beloit revenue per employee?

    Latest Regal Beloit revenue per employee is $165.5 k.

  • Who are Regal Beloit competitors?

    Competitors of Regal Beloit include Siemens, Nidec and Ziehl-Abegg.

  • Where is Regal Beloit headquarters?

    Regal Beloit headquarters is located at 200 State St, Beloit.

  • Where are Regal Beloit offices?

    Regal Beloit has offices in Beloit, Avon, Florence, Bungalow and in 30 other locations.

  • How many offices does Regal Beloit have?

    Regal Beloit has 34 offices.