REGAL REXNORD CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
RRX$179.96-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income (Loss)
(Amounts in Millions, Except Per Share Data)
| For the Year Ended | |||
|---|---|---|---|
| December 31, 2024 | December 31, 2023 | December 31, 2022 | |
| Net Sales | $6,033.8 | $6,250.7 | $5,217.9 |
| Cost of Sales | 3,842.8 | 4,183.4 | 3,548.2 |
| Gross Profit | 2,191.0 | 2,067.3 | 1,669.7 |
| Operating Expenses | 1,548.5 | 1,537.4 | 978.4 |
| Goodwill Impairment | — | 57.3 | — |
| Asset Impairments | 4.0 | 7.8 | 0.9 |
| Loss on Sale of Businesses | 8.5 | 87.7 | — |
| Total Operating Expenses | 1,561.0 | 1,690.2 | 979.3 |
| Income from Operations | 630.0 | 377.1 | 690.4 |
| Interest Expense | 399.7 | 431.0 | 87.2 |
| Interest Income | (18.8) | (43.6) | (5.2) |
| Other Expense (Income), Net | 1.1 | (8.7) | (5.4) |
| Income (Loss) before Taxes | 248.0 | (1.6) | 613.8 |
| Provision for Income Taxes | 49.6 | 52.7 | 118.9 |
| Net Income (Loss) | 198.4 | (54.3) | 494.9 |
| Less: Net Income Attributable to Noncontrolling Interests | 2.2 | 3.1 | 6.0 |
| Net Income (Loss) Attributable to Regal Rexnord Corporation | $196.2 | $(57.4) | $488.9 |
| Earnings (Loss) Per Share Attributable to Regal Rexnord Corporation: | |||
| Basic | $2.96 | $(0.87) | $7.33 |
| Assuming Dilution | $2.94 | $(0.87) | $7.29 |
| Weighted Average Number of Shares Outstanding: | |||
| Basic | 66.4 | 66.3 | 66.7 |
| Assuming Dilution | 66.7 | 66.3 | 67.1 |
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