ATS vs RBC Bearings
ATS is the larger business, with $2.15bn of revenue in fiscal 2026 against $1.87bn for RBC Bearings (1.2 times as much). ATS grew faster (18.1% against 14.3%). RBC Bearings kept more of each dollar of sales as profit: a net margin of 15.4% against 2.4%. RBC Bearings carries less debt relative to equity (26.0% against 72.1%).
| Latest fiscal year | ATSATS, 2026 | RBC BearingsRBC, 2026 |
|---|---|---|
| Revenue | $2.15bn | $1.87bn |
| Revenue growth | 18.1% | 14.3% |
| Net income | $51.9m | $288m |
| Operating margin | 6.7% | 22.5% |
| Net margin | 2.4% | 15.4% |
| Return on equity | 4.2% | 9.0% |
| Free cash flow | $300m | $343m |
| Cash | $204m | $57.3m |
| Total debt | $918m | $876m |
| Debt to equity | 72.1% | 26.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $7.2m | — |
| Employees | — | 5,816 |
| Market value | $1.86bn | $16.21bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | — | 66 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 10 sales |