Below are the financial statements of Regal Rexnord, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 6,033.8a | 6,250.7a | 5,217.9a |
| Cost of sales | -3,842.8a | -4,183.4a | -3,548.2a |
| Gross profit | 2,191a | 2,067.3a | 1,669.7a |
| Operating expenses | -1,548.5a | -1,537.4a | -978.4a |
| Goodwill impairment | 0a | -57.3a | 0a |
| Asset impairments | -4a | -7.8a | -0.9a |
| Loss on sale of businesses | -8.5a | -87.7a | 0a |
| Total operating expenses | -1,561a | -1,690.2a | -979.3a |
| Income from operations | 630a | 377.1a | 690.4a |
| Interest expense | -399.7a | -431a | -87.2a |
| Interest income | -18.8a | -43.6a | -5.2a |
| Other expense (income), net | 1.1a | -8.7a | -5.4a |
| Income (loss) before taxes | 248a | -1.6a | 613.8a |
| Provision for income taxes | -49.6a | -52.7a | -118.9a |
| Net income (loss) | 198.4a | -54.3a | 494.9a |
| Less: Net income attributable to noncontrolling interests | 2.2a | 3.1a | 6a |
| Net income (loss) attributable to Regal Rexnord Corporation | 196.2a | -57.4a | 488.9a |
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