OverviewSuggest Edit

Rexnord Corporation is a multi-platform industrial company. It operates through two segments: Process & Motion Control and Water Management. The Process & Motion Control segment supplies engineered mechanical and digi-mechanical component solutions for production systems, including motion control products, shaft management products, aerospace components, and related services. The Water Management segment offers water control and safety, water distribution and drainage, finish plumbing, and site works products primarily for nonresidential buildings. The company serves aerospace, agri-farm, air and fluid handling, automotive, beverage and liquid, cement, commercial, plumbing, construction, energy, mining, oil and gas, water and wastewater, metal processing, and other industries.

TypePublic
Founded1891
HQMilwaukee, WI, US
Websiterexnordcorporation.com

Latest Updates

Employees (est.) (Mar 2020)6,800(+2%)
Revenue (FY, 2020)$1.4 B(-30%)
Share Price (Sept 2021)$63.4
Cybersecurity ratingAMore

Key People/Management at Rexnord

Todd A. Adams

Todd A. Adams

President and Chief Executive Officer, Chair of the Board
Mark W. Peterson

Mark W. Peterson

Senior Vice President and Chief Financial Officer
Craig G. Wehr

Craig G. Wehr

Group Executive, President-Zurn
Jacques Donavon

Jacques Donavon

Director
Kevin J. Zaba

Kevin J. Zaba

Group Executive, President – Process & Motion Control
D. Crandall

D. Crandall

Director
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Rexnord Office Locations

Rexnord has offices in Milwaukee, Auburn, Bensenville, Bridgeport and in 49 other locations
Milwaukee, WI, US (HQ)
511 W Freshwater Way
Auburn, AL, US
1600 Pumphrey Ave
Bensenville, IL, US
340 County Line Rd
Bridgeport, CT, US
380 Mountain Grove St
Cambridge, MD, US
105 Goodwill Rd
Cary, NC, US
3700 Regency Pkwy
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Rexnord Financials and Metrics

Rexnord Revenue

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Rexnord's revenue was reported to be $1.43 b in FY, 2020
USD

Revenue (FY, 2020)

1.4b

Gross profit (FY, 2020)

551.7m

Gross profit margin (FY, 2020), %

38.5%

Net income (FY, 2020)

118.6m

EBIT (FY, 2020)

188.4m

Market capitalization (8-Sept-2021)

7.6b

Closing stock price (8-Sept-2021)

63.4

Cash (31-Dec-2020)

255.6m

EV

7.4b
Rexnord's current market capitalization is $7.6 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.9b2.1b2.1b1.4b

Revenue growth, %

8%(1%)

Cost of goods sold

1.3b1.3b1.3b881.4m

Gross profit

668.0m756.9m784.8m551.7m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

74.1m76.0m34.3m118.6m

Depreciation and Amortization

107.8m89.7m58.0m

Inventories

22.5m11.5m(24.7m)500.0k

Accounts Payable

(5.3m)13.0m(1.3m)
USDQ1, 2017

Debt/Equity

3 x

Debt/Assets

0.6 x

Financial Leverage

5.4 x
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Rexnord Operating Metrics

Rexnord's Backlog was reported to be $392.1m in Q2, 2020.
FY, 2015FY, 2016FY, 2017FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Backlog

$443 m$409 m$434 m$445 m$349.9 m$340.7 m$361.9 m$373 m$390.4 m$392.1 m

Patents (US)

290300400300200

Patents (Foreign)

740600800900900

Countries

108108110120110
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Rexnord Acquisitions / Subsidiaries

Company NameDateDeal Size
GA IndustriesFebruary 01, 2019$76 m
Centa Power TransmissionJanuary 08, 2018$145 m
World Dryer Corp.October 09, 2017
Cambridge International Holdings Corp.May 18, 2016$210 m
FalkApril 06, 2005
Autogard Asia Pacific Pty
Autogard Holdings Limited
British Autogard Limited
Cambridge do Brasil Industria e Comercio Ltda
Cambridge International
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Rexnord Revenue Breakdown

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Rexnord revenue breakdown by business segment: 33.4% from Original equipment manufacturers/ end-users, 26.7% from Maintenance, repair, and operations, 27.4% from Water safety, quality, flow control and conservation and 12.5% from Water infrastructure

Rexnord Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Rexnord Online and Social Media Presence

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Rexnord News and Updates

Private Letter Ruling received from IRS in connection with planned merger between Regal and Rexnord PMC

Regal Beloit Corporation (NYSE: RBC) and Rexnord Corporation (NYSE: RXN) today announced that Rexnord received the private letter ruling (“PLR”) from the U.S. Internal Revenue Service (“IRS”) in connection with the combination of Rexnord’s Process & Motion Control business (“PMC”) with Regal thr…

Rexnord Declares Quarterly Dividend

Rexnord Corporation (NYSE:RXN) announced today that its Board of Directors declared a quarterly common stock dividend of $0.09 per share payable in cash on September 7, 2021 to stockholders of record as of August 20, 2021.

Wauwatosa developer sells Rexnord's downtown Milwaukee office for $72M

A company affiliated with Klein Development of Wauwatosa sold Rexnord Corp.’s downtown Milwaukee process-and-motion-control products headquarters for $72.2 million ahead of Rexnord spinning off the business to Regal Beloit Corp.

Rexnord discloses name change following Regal Beloit transaction; shareholder vote scheduled

Rexnord Corp. will change its name to Zurn Water Solutions after completing the company’s transaction with Regal Beloit Corp. and shareholder votes on the deal are scheduled for Sept. 1.

Rexnord Reports Second Quarter 2021 Financial Results

Todd Adams, Chairman and Chief Executive Officer, commented, “We delivered a very strong second quarter with above market sales growth, solid margins, and strong free cash flow. Momentum across our business continues to accelerate and the trajectory of both platforms provides a terrific backdrop for…

Rexnord Reports Second Quarter 2021 Financial Results

Todd Adams, Chairman and Chief Executive Officer, commented, “We delivered a very strong second quarter with above market sales growth, solid margins, and strong free cash flow. Momentum across our business continues to accelerate and the trajectory of both platforms provides a terrific backdrop for…
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Rexnord Frequently Asked Questions

  • When was Rexnord founded?

    Rexnord was founded in 1891.

  • Who are Rexnord key executives?

    Rexnord's key executives are Todd A. Adams, Mark W. Peterson and Craig G. Wehr.

  • How many employees does Rexnord have?

    Rexnord has 6,800 employees.

  • What is Rexnord revenue?

    Latest Rexnord annual revenue is $1.4 b.

  • What is Rexnord revenue per employee?

    Latest Rexnord revenue per employee is $210.8 k.

  • Who are Rexnord competitors?

    Competitors of Rexnord include Altra Industrial Motion, RBC Bearings and Renold.

  • Where is Rexnord headquarters?

    Rexnord headquarters is located at 511 W Freshwater Way, Milwaukee.

  • Where are Rexnord offices?

    Rexnord has offices in Milwaukee, Auburn, Bensenville, Bridgeport and in 49 other locations.

  • How many offices does Rexnord have?

    Rexnord has 57 offices.