Rexnord is a multi-platform industrial company that serves a diverse array of global end markets. The Company's Process & Motion Control platform provides high value, mission-critical solutions. Rexnord bearings, couplings and gears keep the industry in motion – from power plants to mining operations. Its conveyor components help make everything from cars to food. And, Rexnord aerospace products can be found throughout aircraft from the engine to the landing gear. Rexnord's Water Management platform aspires to provide safe and efficient water solutions to protect human health and the environment. The Company's products keep water flowing in hospitals, schools, homes, and businesses, and can be found in applications from roadway and roof drainage to dams and hydropower.

Type
Public
Parent Company
The Carlyle Group
HQ
Milwaukee, US
Founded
2005
Size (employees)
8,000 (est)
Rexnord was founded in 2005 and is headquartered in Milwaukee, US
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Key People/Management at Rexnord

Todd Adams

Todd Adams

President and Chief Executive Officer
Patty Whaley

Patty Whaley

Vice President, General Counsel and Secretary
Mark Peterson

Mark Peterson

Senior Vice President and Chief Financial Officer
Sudhanshu Chhabra

Sudhanshu Chhabra

President, Consumer Goods – Process & Motion Control Platform and Regional Executive India and Middle East
Rodney Jackson

Rodney Jackson

Senior Vice President of Business & Corporate Development
Scott McDowell

Scott McDowell

Vice President, Rexnord Business System
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Rexnord Office Locations

Rexnord has offices in Mississauga, Krugersdorp, Hodonín, Suzhou and in 40 other locations
Milwaukee, US (HQ)
300 247 W Freshwater Way
Auburn, US
1600 Pumphrey Ave
Bridgeport, US
380 Mountain Grove St
Cambridge, US
105 Goodwill Rd
Cary, US
3700 Regency Pkwy
Charlotte, US
410 2709 Water Ridge Pkwy
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Rexnord Financials and Metrics

Rexnord Revenue

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Rexnord's revenue was reported to be $1.92 b in FY, 2017 which is a 0.3% decrease from the previous period.
USD

Revenue (Q2, 2018)

510.8 m

Gross profit (Q2, 2018)

188.3 m

Gross profit margin (Q2, 2018), %

36.9%

Net income (Q2, 2018)

29.8 m

EBIT (Q2, 2018)

65.8 m

Market capitalization (18-Jul-2018)

3 b

Closing share price (18-Jul-2018)

29.2

Cash (30-Sep-2017)

531.3 m

EV

4.1 b
Rexnord's current market capitalization is $3 b.
Annual
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
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

339 m370.3 m484.6 m490.1 m

Accounts Receivable

368.3 m336 m317.6 m322.9 m

Inventories

359.7 m367.7 m327.2 m314.9 m

Current Assets

1.1 b1.1 b1.2 b1.2 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

311.3 m361.3 m394.9 m329.7 m374.7 m436.4 m183.2 m208.5 m429.3 m516.2 m531.3 m

Accounts Receivable

339.3 m343.8 m316.2 m318.5 m308.2 m276.2 m305.4 m307 m279.9 m312.7 m333.5 m

Inventories

380.6 m373.6 m382 m372.6 m368.6 m358.2 m355.5 m355 m339.1 m345.5 m349.6 m

Current Assets

1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b895.5 m932.8 m1.1 b1.2 b1.3 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

30.2 m83.8 m67.5 m74.1 m

Depreciation and Amortization

109.5 m114.3 m117.4 m107.8 m

Inventories

(11.3 m)(15 m)37.7 m22.5 m

Accounts Payable

241.1 m3.7 m(32.4 m)(5.3 m)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

12 m49.1 m51.3 m21.2 m43.8 m68.1 m43.5 m46.7 m26.5 m56.3 m

Depreciation and Amortization

29 m58 m86.5 m28.7 m57.6 m87.7 m54.5 m81 m23.1 m44.6 m

Inventories

(19.3 m)(18.2 m)(25.8 m)(3.8 m)(3.9 m)5.2 m(16.3 m)(5.1 m)(28 m)(29.3 m)

Accounts Payable

(43.2 m)45.6 m(37.9 m)(42.8 m)(44.1 m)(46.9 m)(16.1 m)(21.4 m)8.2 m(600 k)
USDY, 2017

EV/EBIT

62.6 x

EV/CFO

68 x

Revenue/Employee

63.9 k

Debt/Equity

1.4 x

Debt/Assets

0.4 x

Financial Leverage

3.1 x
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Rexnord Operating Metrics

FY, 2015FY, 2016FY, 2017

Marketing Representatives

240 240 240

Sales Agencies (Water Management)

240 240 200

Independent Agents (Water Management)

1 k1 k1.10 k

Distribution Locations (Process & Motion Control)

2.50 k2.30 k2.30 k
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Rexnord Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Centa Power Transmission January 08, 2018
World Dryer Corp. October 09, 2017
Cambridge International Holdings Corp. May 18, 2016$210 m
Falk April 06, 2005
Autogard Asia Pacific Pty
Autogard Holdings Limited
British Autogard Limited
Cambridge do Brasil Industria e Comercio Ltda
Cambridge International
Changzhou Rexnord Transmission Co. Ltd.
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Rexnord Revenue Breakdown

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Rexnord revenue breakdown by business segment: 12.8% from Water infrastructure, 28.1% from Water safety, quality, flow control and conservation, 28.2% from Maintenance, repair, and operations and 31.0% from Original equipment manufacturers/ end-users

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Rexnord Online and Social Media Presence

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Rexnord News and Updates

Drive Chains market analysis, market size, application, regional, competitive strategies and forecasts 2018 To 2023

Drive Chains is composed by the inner links and the outer links. It is also constituted by five constituents which are the inner chain plate, outer chain plates, pins, sleeves and roller.It is generally used in the low speed and heavy duty economic power transmission apparatus. The application is co…

Rexnord announces the Dry-PT Option for select MatTop & TableTop Chains

Rexnord is proud to announce the latest addition to our premium line of conveying solutions products; the Dry-PT material option is now available in North America for select MatTop and TableTop chains. Dry-PT is optimized for applications where sustainability is critical, designed to maintain a cons…

Rexnord announces the 3000 Series MCF couplings

Rexnord is proud to announce the latest addition to our premium line of power transmission components, the 3000 series MCF coupling. MCF Couplings are used as an alternative to hollow shaft mounting options for large drive applications to simplify the assembly and maintenance of gear drives. It conn…

Rexnord launches 390 Series Chain for beverage industry

Designed to optimize tight transfers in the beverage, food, metal container manufacturing, and pharmaceutical industries, Rexnord launches the Rexnord 390 Series MatTop Chain. The 395 MatTop plastic modular chain features a flat top execution while: –Reducing product damage & loss — with an 8 mm…

Gear Box Global Market 2017: Key Players – Emerson Electric, Rexnord, ABB, Bonfiglioli

Gear Box -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022 Posted via Industry Today. Follow us on Twitter @IndustryToday
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Rexnord Company Life and Culture

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