REGAL REXNORD CORP

For the period ended Jun 30, 2024. Filed Aug 1, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 1, 2024

RRX$179.96-0.5%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income

(Amounts in Millions, Except Per Share Data)

	Three Months Ended		Six Months Ended
	June 30, 2024	June 30, 2023	June 30, 2024	June 30, 2023
Net Sales	$1,547.6	$1,768.6	$3,095.3	$2,992.7
Cost of Sales	976.6	1,204.8	1,971.2	2,030.8
Gross Profit	571.0	563.8	1,124.1	961.9
Operating Expenses	394.3	412.2	792.0	741.4
(Gain) Loss on Sale of Businesses	(17.2)	—	4.3	—
Total Operating Expenses	377.1	412.2	796.3	741.4
Income from Operations	193.9	151.6	327.8	220.5
Interest Expense	101.7	116.4	207.1	211.8
Interest Income	(5.0)	(5.1)	(8.1)	(37.0)
Other Expense (Income), Net	0.3	(2.8)	0.6	(4.2)
Income before Taxes	96.9	43.1	128.2	49.9
Provision for Income Taxes	33.9	9.9	44.8	22.2
Net Income	63.0	33.2	83.4	27.7
Less: Net Income Attributable to Noncontrolling Interests	0.5	1.1	1.1	1.5
Net Income Attributable to Regal Rexnord Corporation	$62.5	$32.1	$82.3	$26.2
Earnings Per Share Attributable to Regal Rexnord Corporation:
Basic	$0.94	$0.48	$1.24	$0.40
Assuming Dilution	$0.94	$0.48	$1.23	$0.39
Weighted Average Number of Shares Outstanding:
Basic	66.5	66.3	66.5	66.2
Assuming Dilution	66.8	66.6	66.8	66.6

See Accompanying Notes to Condensed Consolidated Financial Statements

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.