Regal Beloit Corporation

Regal Rexnord, based in Milwaukee, Wisconsin, makes parts that get machines moving. Its electric motors and fans create motion; its bearings, gearboxes and brakes pass that motion along; and its drives, controllers and actuators control it, in uses from factory automation to surgical tools. Customers include original equipment manufacturers (OEMs, which build its parts into their machines), distributors and end users. Nearly 40% of sales go through distributors, largely replacement-part orders that swing less with the economy. No customer topped 10% of sales in 2023, 2024 or 2025.

In 2025, sales of $5.93 billion came from three segments. Industrial Powertrain Solutions, the largest at 43.7%, makes bearings, gearboxes and related parts for general industry, metals and mining, energy and commercial HVAC (heating, ventilation and air conditioning). Automation & Motion Control, 28.5%, makes conveyors, aerospace parts, precision motors and power equipment for data centers, factories, food and beverage plants and medical uses. Power Efficiency Solutions, 27.8%, makes motors up to about 5 horsepower, fans and blowers for home and commercial HVAC and other equipment.

North America made up 70.1% of sales, Europe 16.9%, Asia 7.5% and the rest of the world 5.5%. Regal Rexnord acquired Altra for $5.1 billion in March 2023 and, in April 2024, completed a $444.0 million sale of its industrial motors and generators businesses.

• In Q2 FY2026 (ended Jun 30, 2026), revenue was $1.56B, up 4.2% from a year earlier, and net income was $116.6M (+47.2%).
• For fiscal 2025, revenue was $5.93B (-1.6% year over year; +15.3% a year from FY2020 to FY2025) with a 4.7% net margin.

• Over FY2021–FY2025: $315.0M in buybacks and $705.3M in dividends.
• Special dividends in FY2021 are excluded from the streak.
• Regular dividends per share grew +3.1% a year over 5 years (FY2020–FY2025).
• Dividends took 33.3% of earnings and 10.4% of free cash flow in the latest fiscal year.
• Shares outstanding changed +63.6% from Aug 2, 2021 to Jul 31, 2026.

Rank among 1514 US companies

Market value at each year end

Regal Beloit’s market value went from $11.53B at the end of 2021 to $10.73B on Oct 28, 2026, down 7%; since the end of 2025 it is up 15%.

Form 4 filings from 2025-10-29 to 2026-10-29 (25 read): 0 open-market purchases and 1 sales ($30K).

Large shareholders (13G filings)

ETFs with the most weight in RRX

1. Raw materials and China's rare earth curbs. Many products rely on steel, copper, aluminum, electronics and rare earth magnets. After US tariffs on Chinese goods, China restricted exports of certain rare earth magnets, which could raise costs or limit production.
2. Big acquisitions still have to pay off. Regal Rexnord paid $5.1 billion for Altra in 2023 and merged with Rexnord PMC. If expected savings fall short, profits could suffer and goodwill, the premium paid for acquired companies, could be written down.
3. Tariffs and overseas manufacturing. The company says US trade policy changes have already hurt its business. It makes many products outside the US, and tariffs on imports from China, Canada, Mexico and India can raise costs.
4. A heavy debt load. As of June 30, 2026, debt was about $4.61 billion against $441.6 million in cash. If cash flow weakens, keeping up with that debt could get harder and new borrowing could be limited.
5. HVAC, weather and industrial cycles. Many customers spend less when their industries slow, including HVAC, metals and mining, and energy. Mild or cool weather can also cut demand for the HVAC products in Power Efficiency Solutions.
6. Product failures and asbestos lawsuits. Some products go into high-volume applications, so a flaw could lead to significant liability and expense. The company also faces product liability, asbestos and warranty claims that could hurt its finances.

• Aug 5, 2026 Quarterly results released
• Jun 1, 2026 Executive or board change
• May 7, 2026 Quarterly results released
• Apr 30, 2026 Shareholder vote results
• Apr 22, 2026 Executive or board change; Investor presentation or announcement
• Feb 5, 2026 Quarterly results released
• Nov 25, 2025 Major agreement signed; New debt or financial obligation
• Oct 31, 2025 Executive or board change; Investor presentation or announcement
• Oct 30, 2025 Quarterly results released

Regal Rexnord pays a dividend, but at a yield of 0.87% as of October 28, 2026, it provides little income. The regular dividend grew from $1.20 a share in fiscal 2020 to $1.40 in fiscal 2025, about 3.1% a year, but was not raised in 2025, so there is no active streak of increases. Fiscal 2021's $8.28 per share included what appears to be a special dividend. Fiscal 2025 dividends used 33.3% of earnings and 10.4% of free cash flow (cash left after running and reinvesting in the business). Buybacks totaled $315 million over fiscal 2021–2025, yet the share count rose 63.6% from August 2021 to July 2026.

In the 2022 bear market, the stock fell 37.1% from January 4 to June 17, 2022, then recovered by March 8, 2024, about 20.7 months later. Its price history does not cover 2008 or the 2020 COVID crash. A single stock carries more risk than a diversified fund.