REGAL REXNORD CORP

For the period ended Sep 30, 2024. Filed Nov 5, 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.

Sep 30, 2024 · Filed Nov 5, 2024

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

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Contents

Condensed Consolidated Statements of Income (Loss)

(Amounts in Millions, Except Per Share Data)

	Three Months Ended		Nine Months Ended
	September 30, 2024	September 30, 2023	September 30, 2024	September 30, 2023
Net Sales	$1,477.4	$1,649.8	$4,572.7	$4,642.5
Cost of Sales	921.1	1,107.6	2,892.3	3,138.4
Gross Profit	556.3	542.2	1,680.4	1,504.1
Operating Expenses	382.2	388.9	1,172.7	1,127.9
Goodwill Impairment	—	57.3	—	57.3
Asset Impairments	—	3.7	1.5	6.1
Loss on Sale of Businesses	—	112.7	4.3	112.7
Total Operating Expenses	382.2	562.6	1,178.5	1,304.0
Income (Loss) from Operations	174.1	(20.4)	501.9	200.1
Interest Expense	98.0	111.5	305.1	323.3
Interest Income	(5.1)	(3.5)	(13.2)	(40.5)
Other (Income) Expense, Net	(0.2)	(2.5)	0.4	(6.7)
Income (Loss) before Taxes	81.4	(125.9)	209.6	(76.0)
Provision for Income Taxes	8.4	12.7	53.2	34.9
Net Income (Loss)	73.0	(138.6)	156.4	(110.9)
Less: Net Income Attributable to Noncontrolling Interests	0.3	0.9	1.4	2.4
Net Income (Loss) Attributable to Regal Rexnord Corporation	$72.7	$(139.5)	$155.0	$(113.3)
Earnings (Loss) Per Share Attributable to Regal Rexnord Corporation:
Basic	$1.09	$(2.10)	$2.33	$(1.71)
Assuming Dilution	$1.09	$(2.10)	$2.32	$(1.71)
Weighted Average Number of Shares Outstanding:
Basic	66.4	66.3	66.4	66.3
Assuming Dilution	66.7	66.3	66.8	66.3

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.