Rexnord is a growth-oriented, multi-platform industrial company with leading market shares and highly trusted brands that serve a diverse array of global end markets. Our heritage of innovation and specification has allowed us to provide highly engineered, mission critical solutions to customers for decades and affords us the privilege of having long-term, valued relationships with market leaders. We operate our company in a disciplined way and the Rexnord Business System (RBS) is our operating philosophy. Grounded in the spirit of continuous improvement, RBS creates a scalable, process-based framework that focuses on driving superior customer satisfaction and financial results by targeting world-class operating performance throughout all aspects of our business. We are committed to our core values of putting our Customers First, Integrity in Everything we do, Total Associate Engagement, Continuous Improvement and a Culture of Winning. Our goal is to consistently create superior value for our customers, shareholders and associates.
Company Growth (employees)
Type
Public
HQ
West Milwaukee, US
Size (employees)
8,000 (est)+4%
Rexnord is headquartered in West Milwaukee, US

Rexnord Office Locations

Rexnord has an office in West Milwaukee
West Milwaukee, US (HQ)
4701 W Greenfield Ave

Rexnord Data and Metrics

Rexnord Financial Metrics

Rexnord's revenue was reported to be $1.9 b in FY, 2017
USD

Revenue (FY, 2017)

1.9 b

Revenue growth (FY, 2016 - FY, 2017), %

(0%)

Gross profit (FY, 2017)

668 m

Gross profit margin (FY, 2017), %

35%

Net income (FY, 2017)

74.1 m

EBIT (FY, 2017)

183.7 m

Market capitalization (17-Aug-2017)

2.5 b

Cash (31-Mar-2017)

490.1 m

EV

3.6 b
Rexnord's current market capitalization is $2.5 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.1 b2.1 b1.9 b1.9 b

Revenue growth, %

(2%)(6%)(0%)

Cost of goods sold

1.3 b1.3 b1.3 b1.3 b

Gross profit

763.6 m746.2 m665.2 m668 m

Gross profit Margin, %

37%36%35%35%

General and administrative expense

413.2 m

Operating expense total

413.2 m

EBIT

279.6 m203.7 m174.3 m183.7 m

EBIT margin, %

13%10%9%10%

Interest expense

109.1 m87.9 m91.4 m(88.7 m)

Pre tax profit

22.2 m108.6 m86 m82 m

Income tax expense

(7.4 m)16.8 m17.1 m7.9 m

Net Income

29.6 m83.8 m67.5 m74.1 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

509.8 m537.9 m507.1 m485.1 m485.9 m460.2 m471.8 m491 m451.8 m

Cost of goods sold

330.5 m341.6 m325.3 m315.3 m316.6 m301.9 m306.4 m317 m298.8 m

Gross profit

179.3 m196.3 m181.8 m169.8 m169.3 m158.3 m165.4 m174 m153 m

Gross profit Margin, %

35%36%36%35%35%34%35%35%34%

General and administrative expense

104.8 m103.6 m130.2 m100.4 m96.9 m89.1 m106.6 m106.6 m99.9 m

Operating expense total

104.8 m103.6 m130.2 m100.4 m96.9 m89.1 m106.6 m106.6 m99.9 m

EBIT

57.6 m77.6 m33.8 m53.2 m55.5 m48.5 m38.6 m52.5 m32.8 m

EBIT margin, %

11%14%7%11%11%11%8%11%7%

Interest expense

(22.5 m)(22 m)(21.9 m)(21.6 m)(21.9 m)(24.5 m)(23.7 m)(22.8 m)(22.9 m)

Pre tax profit

31.2 m32.6 m22.9 m13 m29 m1.4 m

Income tax expense

21.8 m16.2 m(900 k)10 m10 m(1.4 m)(5.9 m)4.4 m(1.8 m)

Net Income

12 m37.1 m2.2 m21.2 m22.6 m24.3 m18.9 m24.6 m3.2 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

339 m370.3 m484.6 m490.1 m

Inventories

314.9 m

Current Assets

1.1 b1.1 b1.2 b1.2 b

PP&E

440.9 m417.6 m397.2 m400.9 m

Goodwill

1.2 b1.2 b1.2 b1.3 b

Total Assets

3.4 b3.4 b3.4 b3.5 b

Accounts Payable

241.1 m234.1 m200.8 m128.7 m

Total Debt

1.6 b

Current Liabilities

449.5 m444.6 m404.4 m400.3 m

Total Liabilities

2.5 b

Common Stock

1 m

Additional Paid-in Capital

872.7 m885.9 m856.2 m1.3 b

Retained Earnings

(281.3 m)(197.5 m)(129.6 m)(55.5 m)

Total Equity

562.1 m552.7 m588 m1.1 b

Debt to Equity Ratio

1.5 x

Debt to Assets Ratio

0.5 x

Financial Leverage

6 x6.2 x5.7 x3.3 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

311.3 m361.3 m394.9 m329.7 m374.7 m436.4 m183.2 m208.5 m429.3 m

Inventories

380.6 m373.6 m382 m372.6 m368.6 m358.2 m355.5 m355 m339.1 m

Current Assets

1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b895.5 m932.8 m1.1 b

PP&E

435 m424.9 m414.8 m412.8 m402.2 m391.6 m416.8 m420.7 m408.1 m

Goodwill

1.2 b1.2 b1.2 b1.2 b1.2 b1.2 b1.3 b1.3 b1.3 b

Total Assets

3.4 b3.4 b3.4 b3.3 b3.3 b3.3 b3.3 b3.3 b3.5 b

Current Liabilities

395.4 m395.1 m409.2 m392.6 m385.4 m383.7 m365.4 m370.9 m366.7 m

Common Stock

1 m

Additional Paid-in Capital

876.3 m881.1 m883.6 m842.5 m844.4 m846.3 m863.7 m867.7 m1.3 b

Retained Earnings

(269.2 m)(232 m)(229.8 m)(176.2 m)(153.6 m)(129.2 m)(110.7 m)(86.1 m)(82.9 m)

Total Equity

572 m592.7 m566.2 m540.9 m544.7 m566.3 m610.2 m645.4 m1 b

Financial Leverage

5.9 x5.7 x6 x6.2 x6.1 x5.9 x5.4 x5.1 x3.4 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

30.2 m83.8 m67.5 m74.1 m

Depreciation and Amortization

50.8 m55.1 m57.4 m42.1 m

Inventories

(15 m)37.7 m22.5 m

Accounts Payable

241.1 m3.7 m(32.4 m)(5.3 m)

Cash From Operating Activities

(185.1 m)245.9 m219 m195.1 m

Purchases of PP&E

(48.8 m)(52.1 m)(54.5 m)

Long-term Borrowings

(19.8 m)(19.5 m)(1.9 b)

Dividends Paid

(4.4 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

12 m37.1 m2.2 m21.2 m22.6 m24.3 m18.9 m24.6 m3.2 m

Depreciation and Amortization

13.5 m13.7 m13.6 m14.3 m14.2 m14.6 m14.6 m10.5 m8.6 m

Accounts Payable

198.6 m192.4 m199.3 m192.6 m189.5 m185.3 m188.2 m189.2 m180.3 m
USDY, 2017

EV/EBIT

19.6 x

EV/CFO

18.4 x

Revenue/Employee

244.4 k

Debt/Equity

1.5 x

Debt/Assets

0.5 x

Financial Leverage

3.3 x

Rexnord Market Value History

Rexnord Median Salaries

Source: 17 public H-1B filings from Rexnord

Traffic Overview of Rexnord

Rexnord Online and Social Media Presence

Rexnord News and Updates

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Rexnord Company Life and Culture

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