![]() | ![]() | ||||
| CONTACT: | Robert Barry | ||||
VP - Investor Relations | |||||
608-361-7530 | |||||
robert.barry@regalrexnord.com | |||||
| CONDENSED CONSOLIDATED STATEMENTS OF INCOME | ||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||
| (Dollars in Millions, Except per Share Data) | ||||||||||||||||||||||||||
| Three Months Ended | Six Months Ended | |||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||
| Net Sales | $ | 1,558.4 | $ | 1,496.1 | $ | 3,037.5 | $ | 2,914.2 | ||||||||||||||||||
| Cost of Sales | 946.8 | 931.4 | 1,876.0 | 1,821.9 | ||||||||||||||||||||||
| Gross Profit | 611.6 | 564.7 | 1,161.5 | 1,092.3 | ||||||||||||||||||||||
| Operating Expenses | 396.4 | 382.4 | 793.7 | 750.3 | ||||||||||||||||||||||
| Income from Operations | 215.2 | 182.3 | 367.8 | 342.0 | ||||||||||||||||||||||
| Interest Expense | 77.4 | 85.3 | 158.0 | 175.5 | ||||||||||||||||||||||
| Interest Income | (6.2) | (5.1) | (10.9) | (9.3) | ||||||||||||||||||||||
| Other Expense, Net | 0.3 | 0.9 | 0.5 | 1.6 | ||||||||||||||||||||||
| Income before Taxes | 143.7 | 101.2 | 220.2 | 174.2 | ||||||||||||||||||||||
| Provision for Income Taxes | 26.9 | 21.6 | 39.0 | 37.1 | ||||||||||||||||||||||
| Net Income | 116.8 | 79.6 | 181.2 | 137.1 | ||||||||||||||||||||||
| Less: Net Income Attributable to Noncontrolling Interests | 0.2 | 0.4 | 0.2 | 0.6 | ||||||||||||||||||||||
| Net Income Attributable to Regal Rexnord Corporation | $ | 116.6 | $ | 79.2 | $ | 181.0 | $ | 136.5 | ||||||||||||||||||
| Earnings Per Share Attributable to Regal Rexnord Corporation: | ||||||||||||||||||||||||||
| Basic | $ | 1.75 | $ | 1.19 | $ | 2.72 | $ | 2.06 | ||||||||||||||||||
| Assuming Dilution | $ | 1.74 | $ | 1.19 | $ | 2.71 | $ | 2.05 | ||||||||||||||||||
| Cash Dividends Declared Per Share | $ | 0.35 | $ | 0.35 | $ | 0.70 | $ | 0.70 | ||||||||||||||||||
| Weighted Average Number of Shares Outstanding: | ||||||||||||||||||||||||||
| Basic | 66.6 | 66.3 | 66.5 | 66.3 | ||||||||||||||||||||||
| Assuming Dilution | 66.9 | 66.5 | 66.8 | 66.5 | ||||||||||||||||||||||
| CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||||||||
| Unaudited | ||||||||||||||
| (Dollars in Millions) | ||||||||||||||
| Jun 30, 2026 | Dec 31, 2025 | |||||||||||||
| ASSETS | ||||||||||||||
| Current Assets: | ||||||||||||||
| Cash and Cash Equivalents | $ | 441.6 | $ | 521.7 | ||||||||||
Trade Receivables, Less Allowances of $10.9 Million and $10.5 Million as of June 30, 2026 and December 31, 2025, Respectively | 580.0 | 524.2 | ||||||||||||
| Inventories | 1,377.9 | 1,321.7 | ||||||||||||
| Prepaid Expenses and Other Current Assets | 422.4 | 344.7 | ||||||||||||
| Total Current Assets | 2,821.9 | 2,712.3 | ||||||||||||
| Net Property, Plant and Equipment | 868.7 | 911.8 | ||||||||||||
| Operating Lease Assets | 146.0 | 145.2 | ||||||||||||
| Goodwill | 6,575.8 | 6,611.3 | ||||||||||||
| Intangible Assets, Net of Amortization | 3,230.7 | 3,418.4 | ||||||||||||
| Deferred Income Tax Benefits | 37.2 | 36.2 | ||||||||||||
| Other Noncurrent Assets | 71.5 | 85.8 | ||||||||||||
| Total Assets | $ | 13,751.8 | $ | 13,921.0 | ||||||||||
| LIABILITIES AND EQUITY | ||||||||||||||
| Current Liabilities: | ||||||||||||||
| Accounts Payable | $ | 642.4 | $ | 607.3 | ||||||||||
| Dividends Payable | 23.3 | 23.2 | ||||||||||||
| Accrued Compensation and Benefits | 204.0 | 205.5 | ||||||||||||
| Accrued Interest | 60.1 | 84.0 | ||||||||||||
| Other Accrued Expenses | 245.1 | 281.7 | ||||||||||||
| Current Operating Lease Liabilities | 40.7 | 38.5 | ||||||||||||
| Current Maturities of Long-Term Debt | 24.2 | 24.1 | ||||||||||||
| Total Current Liabilities | 1,239.8 | 1,264.3 | ||||||||||||
| Long-Term Debt | 4,587.6 | 4,764.6 | ||||||||||||
| Deferred Income Taxes | 718.2 | 752.6 | ||||||||||||
| Pension and Other Post Retirement Benefits | 99.6 | 106.0 | ||||||||||||
| Noncurrent Operating Lease Liabilities | 113.9 | 114.0 | ||||||||||||
| Other Noncurrent Liabilities | 69.1 | 66.2 | ||||||||||||
| Equity: | ||||||||||||||
| Regal Rexnord Corporation Shareholders' Equity: | ||||||||||||||
Common Stock, $0.01 Par Value, 150.0 Million Shares Authorized, 66.6 Million and 66.4 Million Shares Issued and Outstanding as of June 30, 2026 and December 31, 2025, Respectively | 0.7 | 0.7 | ||||||||||||
| Additional Paid-In Capital | 4,687.8 | 4,688.5 | ||||||||||||
| Retained Earnings | 2,364.7 | 2,230.3 | ||||||||||||
| Accumulated Other Comprehensive Loss | (137.7) | (75.4) | ||||||||||||
| Total Regal Rexnord Corporation Shareholders' Equity | 6,915.5 | 6,844.1 | ||||||||||||
| Noncontrolling Interests | 8.1 | 9.2 | ||||||||||||
| Total Equity | 6,923.6 | 6,853.3 | ||||||||||||
| Total Liabilities and Equity | $ | 13,751.8 | $ | 13,921.0 | ||||||||||
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW | |||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||
| (Dollars in Millions) | |||||||||||||||||||||||
| Three Months Ended | Six Months Ended | ||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | ||||||||||||||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||||||||||||||||
| Net Income | $ | 116.8 | $ | 79.6 | $ | 181.2 | $ | 137.1 | |||||||||||||||
| Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures): | |||||||||||||||||||||||
| Depreciation | 38.5 | 35.5 | 75.8 | 75.6 | |||||||||||||||||||
| Amortization | 86.4 | 86.8 | 173.0 | 172.2 | |||||||||||||||||||
| Noncash Lease Expense | 11.8 | 10.9 | 23.5 | 21.8 | |||||||||||||||||||
| Share-Based Compensation Expense | 2.3 | 10.3 | 10.4 | 19.8 | |||||||||||||||||||
| Financing Fee Expense | 2.0 | 4.0 | 4.4 | 7.3 | |||||||||||||||||||
| Loss (Gain) on Sale of Assets | 2.4 | (2.3) | 2.9 | (8.3) | |||||||||||||||||||
| Benefit from Deferred Income Taxes | (16.6) | (24.6) | (30.8) | (43.1) | |||||||||||||||||||
| Other Non-Cash Changes | (1.3) | 1.6 | (0.6) | 2.3 | |||||||||||||||||||
| Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures | |||||||||||||||||||||||
| Receivables | (2.1) | 319.2 | (60.5) | 318.6 | |||||||||||||||||||
| Inventories | 1.9 | (48.0) | (61.5) | (89.8) | |||||||||||||||||||
| Accounts Payable | 11.6 | 15.4 | 34.6 | 57.0 | |||||||||||||||||||
| Other Assets and Liabilities | (77.1) | 34.8 | (160.8) | (45.0) | |||||||||||||||||||
| Net Cash Provided by Operating Activities | 176.6 | 523.2 | 191.6 | 625.5 | |||||||||||||||||||
| CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||||||||||||||||
| Additions to Property, Plant and Equipment | (22.5) | (30.2) | (39.9) | (47.0) | |||||||||||||||||||
| Proceeds Received from Sales of Property, Plant and Equipment | 2.8 | 4.5 | 2.8 | 14.8 | |||||||||||||||||||
| Proceeds Received from Sale of Businesses, Net of Cash Transferred | — | — | — | 3.0 | |||||||||||||||||||
| Net Cash Used in Investing Activities | (19.7) | (25.7) | (37.1) | (29.2) | |||||||||||||||||||
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||||||||||||||||
| Borrowings Under Revolving Credit Facility | 625.6 | 448.3 | 1,184.0 | 859.8 | |||||||||||||||||||
| Repayments Under Revolving Credit Facility | (720.9) | (487.1) | (1,111.5) | (876.8) | |||||||||||||||||||
| Proceeds from Long-Term Borrowings | — | — | 850.0 | — | |||||||||||||||||||
| Repayments of Long-Term Borrowings | (1.3) | (431.0) | (1,102.6) | (616.9) | |||||||||||||||||||
| Dividends Paid to Shareholders | (23.2) | (23.4) | (46.6) | (46.6) | |||||||||||||||||||
| Shares Surrendered for Taxes | (0.5) | (1.5) | (15.4) | (7.1) | |||||||||||||||||||
| Proceeds from the Exercise of Stock Options | 0.3 | 1.0 | 6.7 | 1.4 | |||||||||||||||||||
| Net Cash Used in Financing Activities | (120.0) | (493.7) | (235.4) | (686.2) | |||||||||||||||||||
| EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS | 3.6 | 11.0 | 0.8 | 16.5 | |||||||||||||||||||
| Net Decrease in Cash and Cash Equivalents | 40.5 | 14.8 | (80.1) | (73.4) | |||||||||||||||||||
| Cash and Cash Equivalents at Beginning of Period | 401.1 | 305.3 | 521.7 | 393.5 | |||||||||||||||||||
| Cash and Cash Equivalents at End of Period | $ | 441.6 | $ | 320.1 | $ | 441.6 | $ | 320.1 | |||||||||||||||
| ADJUSTED DILUTED EARNINGS PER SHARE | ||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||
| Three Months Ended | Six Months Ended | |||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||
GAAP Diluted Earnings Per Share(a) | $ | 1.74 | $ | 1.19 | $ | 2.71 | $ | 2.05 | ||||||||||||||||||
| Intangible Amortization | 0.98 | 0.99 | 1.95 | 1.96 | ||||||||||||||||||||||
Restructuring and Related Costs(b) | 0.11 | 0.12 | 0.23 | 0.30 | ||||||||||||||||||||||
Transaction and Integration Related Costs(c) | 0.06 | 0.07 | 0.12 | 0.15 | ||||||||||||||||||||||
| Share-Based Compensation Expense | 0.04 | 0.13 | 0.08 | 0.26 | ||||||||||||||||||||||
| Loss (Gain) on Sale of Assets | 0.03 | (0.02) | 0.03 | (0.09) | ||||||||||||||||||||||
| CEO Transition Costs | 0.02 | — | 0.02 | — | ||||||||||||||||||||||
| Accounts Receivable Securitization Transaction Costs | 0.01 | 0.01 | 0.01 | 0.01 | ||||||||||||||||||||||
| Discrete Tax Items | — | (0.01) | — | (0.01) | ||||||||||||||||||||||
Adjusted Diluted Earnings Per Share(a) | $ | 2.99 | $ | 2.48 | $ | 5.15 | $ | 4.63 | ||||||||||||||||||
| (a) | Includes $0.39 of benefit related to IEEPA tariff refunds for the three and six months ended June 30, 2026. | ||||||||||||||||
| (b) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | ||||||||||||||||
| (c) | For 2026, primarily relates to integration costs associated with the Altra Transaction. For 2025, primarily relates to (1) integration costs associated with the Altra Transaction and (2) IT carve-out costs associated with the sale of the industrial motors and generators businesses. | ||||||||||||||||
| 2026 ADJUSTED ANNUAL GUIDANCE | ||||||||||||||
| Unaudited | ||||||||||||||
| Minimum | Maximum | |||||||||||||
GAAP Diluted Earnings Per Share(a) | $ | 5.42 | $ | 5.92 | ||||||||||
| Intangible Amortization | 3.92 | 3.92 | ||||||||||||
Restructuring and Related Costs(b) | 0.40 | 0.40 | ||||||||||||
| Share-Based Compensation Expense | 0.32 | 0.32 | ||||||||||||
Transaction and Integration Related Costs(c) | 0.21 | 0.21 | ||||||||||||
| Loss on Sale of Assets | 0.03 | 0.03 | ||||||||||||
| CEO Transition Costs | 0.03 | 0.03 | ||||||||||||
| Accounts Receivable Securitization Transaction Costs | 0.01 | 0.01 | ||||||||||||
| Operating Lease Asset Step Up | 0.01 | 0.01 | ||||||||||||
Adjusted Diluted Earnings Per Share(a) | $ | 10.35 | $ | 10.85 | ||||||||||
| (a) | Includes $0.57 of benefit related to IEEPA tariff refunds. | ||||
| (b) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | ||||
| (c) | Primarily relates to integration costs associated with the Altra Transaction. | ||||
| ORGANIC SALES GROWTH | |||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||
| (Dollars in Millions) | |||||||||||||||||||||||
| Three Months Ended | |||||||||||||||||||||||
| June 30, 2026 | |||||||||||||||||||||||
| Automation & Motion Control | Industrial Powertrain Solutions | Power Efficiency Solutions | Total Regal Rexnord | ||||||||||||||||||||
| Net Sales Three Months Ended Jun 30, 2026 | $ | 477.7 | $ | 669.4 | $ | 411.3 | $ | 1,558.4 | |||||||||||||||
| Impact from Foreign Currency Exchange Rates | (2.4) | (7.5) | (4.8) | (14.7) | |||||||||||||||||||
| Organic Sales Three Months Ended Jun 30, 2026 | $ | 475.3 | $ | 661.9 | $ | 406.5 | $ | 1,543.7 | |||||||||||||||
| Net Sales Three Months Ended Jun 30, 2025 | $ | 411.1 | $ | 649.8 | $ | 435.2 | $ | 1,496.1 | |||||||||||||||
| Net Sales from Businesses Divested | — | (0.9) | — | (0.9) | |||||||||||||||||||
| Adjusted Net Sales Three Months Ended Jun 30, 2025 | $ | 411.1 | $ | 648.9 | $ | 435.2 | $ | 1,495.2 | |||||||||||||||
| Three Months Ended Jun 30, 2026 Net Sales Growth % | 16.2 | % | 3.0 | % | (5.5) | % | 4.2 | % | |||||||||||||||
| Three Months Ended Jun 30, 2026 Foreign Currency Impact % | 0.6 | % | 1.1 | % | 1.1 | % | 1.0 | % | |||||||||||||||
| Three Months Ended Jun 30, 2026 Divestitures % | — | % | (0.1) | % | — | % | (0.1) | % | |||||||||||||||
| Three Months Ended Jun 30, 2026 Organic Sales Growth % | 15.6 | % | 2.0 | % | (6.6) | % | 3.3 | % | |||||||||||||||
| ORGANIC SALES GROWTH | ||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||||||||
| Six Months Ended | ||||||||||||||||||||||||||
| June 30, 2026 | ||||||||||||||||||||||||||
| Automation & Motion Control | Industrial Powertrain Solutions | Power Efficiency Solutions | Total Regal Rexnord | |||||||||||||||||||||||
| Net Sales Six Months Ended Jun 30, 2026 | $ | 934.8 | $ | 1,317.7 | $ | 785.0 | $ | 3,037.5 | ||||||||||||||||||
| Impact from Foreign Currency Exchange Rates | (15.2) | (26.7) | (11.7) | (53.6) | ||||||||||||||||||||||
| Organic Sales Six Months Ended Jun 30, 2026 | $ | 919.6 | $ | 1,291.0 | $ | 773.3 | $ | 2,983.9 | ||||||||||||||||||
| Net Sales Six Months Ended Jun 30, 2025 | $ | 807.4 | $ | 1,262.5 | $ | 844.3 | $ | 2,914.2 | ||||||||||||||||||
| Net Sales from Businesses Divested | — | (1.5) | — | (1.5) | ||||||||||||||||||||||
| Adjusted Net Sales Six Months Ended Jun 30, 2025 | $ | 807.4 | $ | 1,261.0 | $ | 844.3 | $ | 2,912.7 | ||||||||||||||||||
| Six Months Ended Jun 30, 2026 Net Sales Growth % | 15.8 | % | 4.4 | % | (7.0) | % | 4.2 | % | ||||||||||||||||||
| Six Months Ended Jun 30, 2026 Foreign Currency Impact % | 1.9 | % | 2.1 | % | 1.4 | % | 1.8 | % | ||||||||||||||||||
| Six Months Ended Jun 30, 2026 Divestitures % | — | % | (0.1) | % | — | % | (0.1) | % | ||||||||||||||||||
| Six Months Ended Jun 30, 2026 Organic Sales Growth % | 13.9 | % | 2.4 | % | (8.4) | % | 2.5 | % | ||||||||||||||||||
| ADJUSTED EBITDA | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Three Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Automation & Motion Control | Industrial Powertrain Solutions | Power Efficiency Solutions | Total Regal Rexnord | |||||||||||||||||||||||||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||
GAAP Income from Operations(a) | $ | 48.5 | $ | 30.4 | $ | 97.6 | $ | 92.4 | $ | 69.1 | $ | 59.5 | $ | 215.2 | $ | 182.3 | ||||||||||||||||||||||||||||||||||
Restructuring and Related Costs(b) | 0.7 | 1.8 | 6.2 | 7.8 | 2.5 | 1.0 | 9.4 | 10.6 | ||||||||||||||||||||||||||||||||||||||||||
Transaction and Integration Related Costs(c) | 1.1 | 1.3 | 3.4 | 4.0 | 0.9 | 1.0 | 5.4 | 6.3 | ||||||||||||||||||||||||||||||||||||||||||
| CEO Transition Costs | 0.7 | — | 1.0 | — | 0.5 | — | 2.2 | — | ||||||||||||||||||||||||||||||||||||||||||
Loss on Sale of Accounts Receivable(d) | 1.2 | — | 1.8 | — | 0.9 | — | 3.9 | — | ||||||||||||||||||||||||||||||||||||||||||
| Accounts Receivable Securitization Transaction Costs | 0.2 | 0.3 | 0.3 | 0.4 | 0.2 | 0.3 | 0.7 | 1.0 | ||||||||||||||||||||||||||||||||||||||||||
| Operating Lease Asset Step Up | — | — | 0.2 | 0.2 | — | — | 0.2 | 0.2 | ||||||||||||||||||||||||||||||||||||||||||
| (Gain) Loss on Sale of Assets | — | (2.3) | 2.4 | — | — | — | 2.4 | (2.3) | ||||||||||||||||||||||||||||||||||||||||||
| Adjusted Income from Operations | $ | 52.4 | $ | 31.5 | $ | 112.9 | $ | 104.8 | $ | 74.1 | $ | 61.8 | $ | 239.4 | $ | 198.1 | ||||||||||||||||||||||||||||||||||
| Amortization | $ | 34.6 | $ | 34.5 | $ | 51.2 | $ | 50.6 | $ | 0.6 | $ | 1.7 | $ | 86.4 | $ | 86.8 | ||||||||||||||||||||||||||||||||||
| Depreciation | 13.1 | 10.9 | 16.3 | 15.7 | 9.1 | 8.8 | 38.5 | 35.4 | ||||||||||||||||||||||||||||||||||||||||||
| Amortization of Internal Use Software | 0.1 | — | 0.1 | — | 0.1 | — | 0.3 | — | ||||||||||||||||||||||||||||||||||||||||||
| Share-Based Compensation Expense | 0.7 | 3.3 | 0.7 | 4.5 | 0.9 | 2.5 | 2.3 | 10.3 | ||||||||||||||||||||||||||||||||||||||||||
| Other (Expense) Income, Net | (0.1) | — | 0.2 | (0.5) | (0.4) | (0.4) | (0.3) | (0.9) | ||||||||||||||||||||||||||||||||||||||||||
Adjusted EBITDA(a) | $ | 100.8 | $ | 80.2 | $ | 181.4 | $ | 175.1 | $ | 84.4 | $ | 74.4 | $ | 366.6 | $ | 329.7 | ||||||||||||||||||||||||||||||||||
| GAAP Operating Margin % | 10.1% | 7.4% | 14.6% | 14.2% | 16.8% | 13.7% | 13.8% | 12.2% | ||||||||||||||||||||||||||||||||||||||||||
| Adjusted Operating Margin % | 11.0% | 7.7% | 16.9% | 16.1% | 18.0% | 14.2% | 15.4% | 13.2% | ||||||||||||||||||||||||||||||||||||||||||
| Adjusted EBITDA Margin % | 21.1% | 19.5% | 27.1% | 26.9% | 20.5% | 17.1% | 23.5% | 22.0% | ||||||||||||||||||||||||||||||||||||||||||
| (a) | Includes benefits of $5.9 million, $8.3 million, $17.8 million and $32.0 million for AMC, IPS, PES and total Regal Rexnord, respectively, related to IEEPA tariff refunds for the three months ended June 30, 2026. | ||||||||||
| (b) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | ||||||||||
| (c) | Primarily relates to integration costs associated with the Altra Transaction. | ||||||||||
| (d) | Represents charges associated with the Securitization Facility. | ||||||||||
| ADJUSTED EBITDA | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Six Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Automation & Motion Control | Industrial Powertrain Solutions | Power Efficiency Solutions | Total Regal Rexnord | |||||||||||||||||||||||||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||
GAAP Income from Operations(a) | $ | 80.0 | $ | 65.5 | $ | 176.8 | $ | 174.1 | $ | 111.0 | $ | 102.4 | $ | 367.8 | $ | 342.0 | ||||||||||||||||||||||||||||||||||
Restructuring and Related Costs(b) | 1.9 | 3.0 | 12.0 | 20.7 | 5.9 | 2.3 | 19.8 | 26.0 | ||||||||||||||||||||||||||||||||||||||||||
Transaction and Integration Related Costs(c) | 2.2 | 2.7 | 6.7 | 8.1 | 1.5 | 2.4 | 10.4 | 13.2 | ||||||||||||||||||||||||||||||||||||||||||
| CEO Transition Costs | 0.7 | — | 1.0 | — | 0.5 | — | 2.2 | — | ||||||||||||||||||||||||||||||||||||||||||
Loss on Sale of Accounts Receivable(d) | 2.1 | — | 3.2 | — | 2.3 | — | 7.6 | — | ||||||||||||||||||||||||||||||||||||||||||
| Accounts Receivable Securitization Transaction Costs | 0.2 | 0.3 | 0.4 | 0.4 | 0.2 | 0.3 | 0.8 | 1.0 | ||||||||||||||||||||||||||||||||||||||||||
| Operating Lease Asset Step Up | — | — | 0.4 | 0.4 | — | — | 0.4 | 0.4 | ||||||||||||||||||||||||||||||||||||||||||
| (Gain) Loss on Sale of Assets | — | (2.3) | 2.4 | (6.0) | 0.5 | — | 2.9 | (8.3) | ||||||||||||||||||||||||||||||||||||||||||
| Adjusted Income from Operations | $ | 87.1 | $ | 69.2 | $ | 202.9 | $ | 197.7 | $ | 121.9 | $ | 107.4 | $ | 411.9 | $ | 374.3 | ||||||||||||||||||||||||||||||||||
| Amortization | $ | 69.3 | $ | 68.4 | $ | 102.4 | $ | 100.5 | $ | 1.3 | $ | 3.3 | $ | 173.0 | $ | 172.2 | ||||||||||||||||||||||||||||||||||
| Depreciation | 24.5 | 22.5 | 33.3 | 34.3 | 18.0 | 17.7 | 75.8 | 74.5 | ||||||||||||||||||||||||||||||||||||||||||
| Amortization of Internal Use Software | 0.1 | — | 0.2 | — | — | — | 0.3 | — | ||||||||||||||||||||||||||||||||||||||||||
| Share-Based Compensation Expense | 3.2 | 6.7 | 4.5 | 8.3 | 2.7 | 4.8 | 10.4 | 19.8 | ||||||||||||||||||||||||||||||||||||||||||
| Other (Expense) Income, Net | (0.2) | (0.1) | 0.2 | (0.8) | (0.5) | (0.7) | (0.5) | (1.6) | ||||||||||||||||||||||||||||||||||||||||||
Adjusted EBITDA(a) | $ | 184.0 | $ | 166.7 | $ | 343.5 | $ | 340.0 | $ | 143.4 | $ | 132.5 | $ | 670.9 | $ | 639.2 | ||||||||||||||||||||||||||||||||||
| GAAP Operating Margin % | 8.6 | % | 8.1 | % | 13.4 | % | 13.8 | % | 14.1 | % | 12.1 | % | 12.1 | % | 11.7 | % | ||||||||||||||||||||||||||||||||||
| Adjusted Operating Margin % | 9.3 | % | 8.6 | % | 15.4 | % | 15.7 | % | 15.5 | % | 12.7 | % | 13.6 | % | 12.8 | % | ||||||||||||||||||||||||||||||||||
| Adjusted EBITDA Margin % | 19.7 | % | 20.6 | % | 26.1 | % | 26.9 | % | 18.3 | % | 15.7 | % | 22.1 | % | 21.9 | % | ||||||||||||||||||||||||||||||||||
| (a) | Includes benefits of $5.9 million, $8.3 million, $17.8 million and $32.0 million for AMC, IPS, PES and total Regal Rexnord, respectively, related to IEEPA tariff refunds for the six months ended June 30, 2026. | ||||||||||
| (b) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | ||||||||||
| (c) | For 2026, primarily relates to integration costs associated with the Altra Transaction. For 2025, primarily relates to (1) integration costs associated with the Altra Transaction and (2) IT carve-out costs associated with the sale of the industrial motors and generators businesses. | ||||||||||
| (d) | Represents charges associated with the Securitization Facility. | ||||||||||
| ADJUSTED GROSS MARGIN | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Three Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Automation & Motion Control | Industrial Powertrain Solutions | Power Efficiency Solutions | Total Regal Rexnord | |||||||||||||||||||||||||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||
Gross Margin(a) | $ | 183.3 | $ | 154.6 | $ | 286.9 | $ | 280.4 | $ | 141.4 | $ | 129.7 | $ | 611.6 | $ | 564.7 | ||||||||||||||||||||||||||||||||||
Restructuring and Related Costs(b) | 0.6 | 1.6 | 4.3 | 4.0 | 1.7 | 0.9 | 6.6 | 6.5 | ||||||||||||||||||||||||||||||||||||||||||
| Operating Lease Asset Step Up | — | — | 0.2 | 0.2 | — | — | 0.2 | 0.2 | ||||||||||||||||||||||||||||||||||||||||||
| Loss on Sale of Assets | — | — | 2.4 | — | — | — | 2.4 | — | ||||||||||||||||||||||||||||||||||||||||||
Adjusted Gross Margin(a) | $ | 183.9 | $ | 156.2 | $ | 293.8 | $ | 284.6 | $ | 143.1 | $ | 130.6 | $ | 620.8 | $ | 571.4 | ||||||||||||||||||||||||||||||||||
| Gross Margin % | 38.4 | % | 37.6 | % | 42.9 | % | 43.2 | % | 34.4 | % | 29.8 | % | 39.2 | % | 37.7 | % | ||||||||||||||||||||||||||||||||||
| Adjusted Gross Margin % | 38.5 | % | 38.0 | % | 43.9 | % | 43.8 | % | 34.8 | % | 30.0 | % | 39.8 | % | 38.2 | % | ||||||||||||||||||||||||||||||||||
| (a) | Includes benefits of $5.9 million, $8.3 million, $17.8 million and $32.0 million for AMC, IPS, PES and total Regal Rexnord, respectively, related to IEEPA tariff refunds for the three months ended June 30, 2026. | ||||||||||
| (b) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | ||||||||||
| ADJUSTED GROSS MARGIN | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Six Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Automation & Motion Control | Industrial Powertrain Solutions | Power Efficiency Solutions | Total Regal Rexnord | |||||||||||||||||||||||||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||
Gross Margin(a) | $ | 345.1 | $ | 312.7 | $ | 561.6 | $ | 537.9 | $ | 254.8 | $ | 241.7 | $ | 1,161.5 | $ | 1,092.3 | ||||||||||||||||||||||||||||||||||
Restructuring and Related Costs(b) | 0.8 | 2.2 | 8.5 | 12.8 | 4.9 | 1.5 | 14.2 | 16.5 | ||||||||||||||||||||||||||||||||||||||||||
| Operating Lease Asset Step Up | — | — | 0.4 | 0.4 | — | — | 0.4 | 0.4 | ||||||||||||||||||||||||||||||||||||||||||
| Loss on Sale of Assets | — | — | 2.4 | — | — | — | 2.4 | — | ||||||||||||||||||||||||||||||||||||||||||
Adjusted Gross Margin(a) | $ | 345.9 | $ | 314.9 | $ | 572.9 | $ | 551.1 | $ | 259.7 | $ | 243.2 | $ | 1,178.5 | $ | 1,109.2 | ||||||||||||||||||||||||||||||||||
| Gross Margin % | 36.9 | % | 38.7 | % | 42.6 | % | 42.6 | % | 32.5 | % | 28.6 | % | 38.2 | % | 37.5 | % | ||||||||||||||||||||||||||||||||||
| Adjusted Gross Margin % | 37.0 | % | 39.0 | % | 43.5 | % | 43.7 | % | 33.1 | % | 28.8 | % | 38.8 | % | 38.1 | % | ||||||||||||||||||||||||||||||||||
| (a) | Includes benefits of $5.9 million, $8.3 million, $17.8 million and $32.0 million for AMC, IPS, PES and total Regal Rexnord, respectively, related to IEEPA tariff refunds for the six months ended June 30, 2026. | ||||||||||
| (b) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | ||||||||||
| NET INCOME TO ADJUSTED EBITDA | ||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||||||||
| Three Months Ended | Six Months Ended | |||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||
| Net Income | $ | 116.8 | $ | 79.6 | $ | 181.2 | $ | 137.1 | ||||||||||||||||||
| Plus: Income Taxes | 26.9 | 21.6 | 39.0 | 37.1 | ||||||||||||||||||||||
| Plus: Interest Expense | 77.4 | 85.3 | 158.0 | 175.5 | ||||||||||||||||||||||
| Less: Interest Income | (6.2) | (5.1) | (10.9) | (9.3) | ||||||||||||||||||||||
| Plus: Depreciation | 38.5 | 35.4 | 75.8 | 74.5 | ||||||||||||||||||||||
| Plus: Amortization | 86.4 | 86.8 | 173.0 | 172.2 | ||||||||||||||||||||||
EBITDA(a) | $ | 339.8 | $ | 303.6 | $ | 616.1 | $ | 587.1 | ||||||||||||||||||
Plus: Restructuring and Related Costs(b) | 9.4 | 10.6 | 19.8 | 26.0 | ||||||||||||||||||||||
| Plus: Share-Based Compensation Expense | 2.3 | 10.3 | 10.4 | 19.8 | ||||||||||||||||||||||
Plus: Transaction and Integration Related Costs(c) | 5.4 | 6.3 | 10.4 | 13.2 | ||||||||||||||||||||||
| Plus: CEO Transition Costs | 2.2 | — | 2.2 | — | ||||||||||||||||||||||
Plus: Loss on Sale of Accounts Receivable(d) | 3.9 | — | 7.6 | — | ||||||||||||||||||||||
| Plus: Accounts Receivable Securitization Transaction Costs | 0.7 | 1.0 | 0.8 | 1.0 | ||||||||||||||||||||||
| Plus: Operating Lease Asset Step Up | 0.2 | 0.2 | 0.4 | 0.4 | ||||||||||||||||||||||
| Plus: Amortization of Internal Use Software | 0.3 | — | 0.3 | — | ||||||||||||||||||||||
| Plus: Loss (Gain) on Sale of Assets | 2.4 | (2.3) | 2.9 | (8.3) | ||||||||||||||||||||||
Adjusted EBITDA(a) | $ | 366.6 | $ | 329.7 | $ | 670.9 | $ | 639.2 | ||||||||||||||||||
| (a) | Includes a benefit of $32.0 million related to IEEPA tariff refunds for the three and six months ended June 30, 2026. | ||||
| (b) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | ||||
| (c) | For 2026, primarily relates to integration costs associated with the Altra Transaction. For 2025, primarily relates to (1) integration costs associated with the Altra Transaction and (2) IT carve-out costs associated with the sale of the industrial motors and generators businesses. | ||||
| (d) | Represents charges associated with the Securitization Facility. | ||||
| DEBT TO EBITDA | ||||||||
| Unaudited | ||||||||
| (Dollars in Millions) | ||||||||
| Last Twelve Months | ||||||||
| Jun 30, 2026 | ||||||||
| Net Income | $ | 324.9 | ||||||
| Plus: Income Taxes | 73.7 | |||||||
| Plus: Interest Expense | 331.6 | |||||||
| Less: Interest Income | (25.2) | |||||||
| Plus: Depreciation | 154.7 | |||||||
| Plus: Amortization | 346.9 | |||||||
EBITDA(a) | $ | 1,206.6 | ||||||
Plus: Restructuring and Related Costs(b) | 40.6 | |||||||
| Plus: Share-Based Compensation Expense | 27.9 | |||||||
Plus: Transaction and Integration Related Costs(c) | 22.1 | |||||||
Plus: Loss on Sale of Accounts Receivable(d) | 17.2 | |||||||
| Plus: Accounts Receivable Securitization Transaction Costs | 0.9 | |||||||
| Plus: CEO Transition Costs | 9.2 | |||||||
| Plus: Operating Lease Asset Step Up | 0.8 | |||||||
| Plus: Amortization of Internal Use Software | 0.5 | |||||||
| Plus: Loss on Sale of Businesses | 4.5 | |||||||
| Plus: Loss on Sale of Assets | 8.6 | |||||||
Adjusted EBITDA(a)(e) | $ | 1,338.9 | ||||||
| Current Maturities of Long-Term Debt | 24.2 | |||||||
| Long-Term Debt | 4,587.6 | |||||||
| Total Gross Debt | $ | 4,611.8 | ||||||
| Cash and Cash Equivalents | (441.6) | |||||||
| Net Debt | $ | 4,170.2 | ||||||
| Gross Debt/Adjusted EBITDA | 3.44 | |||||||
Net Debt/Adjusted EBITDA(e) | 3.11 | |||||||
Interest Coverage Ratio(e)(f) | 4.37 | |||||||
| (a) | Includes a benefit of $32.0 million related to IEEPA tariff refunds. | |||||||
| (b) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | |||||||
| (c) | Primarily relates to integration costs associated with the Altra Transaction. | |||||||
| (d) | Represents charges associated with the Securitization Facility. | |||||||
| (e) | Synergies expected to be realized in the future are included in the calculation of EBITDA that serves as the basis for financial covenant compliance for certain of the Company's debt. The impact of the synergies the Company expects to realize within 18 months is as follows: | |||||||
| Adjusted EBITDA | $ | 1,338.9 | ||||||
| Synergies to be Realized Within 18 Months | 25.0 | |||||||
| Adjusted EBITDA (including synergies) | $ | 1,363.9 | ||||||
| Net Debt/Adjusted EBITDA (including synergies) | 3.06 | |||||||
| Interest Expense | $ | 331.6 | ||||||
| Interest Income | (25.2) | |||||||
| Net Interest Expense | $ | 306.4 | ||||||
Interest Coverage Ratio (including synergies)(1) | 4.45 | |||||||
| (1) Computed as Adjusted EBITDA (including synergies)/Net Interest Expense | ||||||||
| (f) | Computed as Adjusted EBITDA/Net Interest Expense | |||||||
| FREE CASH FLOW | ||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||||||||
| Three Months Ended | Six Months Ended | |||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||
| Net Cash Provided by Operating Activities | $ | 176.6 | $ | 523.2 | $ | 191.6 | $ | 625.5 | ||||||||||||||||||
| Additions to Property, Plant and Equipment | (22.5) | (30.2) | (39.9) | (47.0) | ||||||||||||||||||||||
| Free Cash Flow | $ | 154.1 | $ | 493.0 | $ | 151.7 | $ | 578.5 | ||||||||||||||||||
| ADJUSTED EFFECTIVE TAX RATE | ||||||||||||||||||||||||||
| Unaudited | ||||||||||||||||||||||||||
| (Dollars in Millions) | ||||||||||||||||||||||||||
| Three Months Ended | Six Months Ended | |||||||||||||||||||||||||
| Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2025 | |||||||||||||||||||||||
| Income before Taxes | $ | 143.7 | $ | 101.2 | $ | 220.2 | $ | 174.2 | ||||||||||||||||||
| Provision for Income Taxes | 26.9 | 21.6 | 39.0 | 37.1 | ||||||||||||||||||||||
| Effective Tax Rate | 18.7 | % | 21.3 | % | 17.7 | % | 21.3 | % | ||||||||||||||||||
| Income before Taxes | $ | 143.7 | $ | 101.2 | $ | 220.2 | $ | 174.2 | ||||||||||||||||||
| Intangible Amortization | 86.4 | 86.8 | 173.0 | 172.2 | ||||||||||||||||||||||
Restructuring and Related Costs(a) | 9.4 | 10.6 | 19.8 | 26.0 | ||||||||||||||||||||||
| Share-Based Compensation Expense | 2.3 | 10.3 | 10.4 | 19.8 | ||||||||||||||||||||||
Transaction and Integration Related Costs(b) | 5.4 | 6.3 | 10.4 | 13.2 | ||||||||||||||||||||||
| CEO Transition Costs | 2.2 | — | 2.2 | — | ||||||||||||||||||||||
| Accounts Receivable Securitization Transaction Costs | 0.7 | 1.0 | 0.8 | 1.0 | ||||||||||||||||||||||
| Operating Lease Asset Step Up | 0.2 | 0.2 | 0.4 | 0.4 | ||||||||||||||||||||||
| Loss (Gain) on Sale of Assets | 2.4 | (2.3) | 2.9 | (8.3) | ||||||||||||||||||||||
| Adjusted Income before Taxes | $ | 252.7 | $ | 214.1 | $ | 440.1 | $ | 398.5 | ||||||||||||||||||
| Provision for Income Taxes | $ | 26.9 | $ | 21.6 | $ | 39.0 | $ | 37.1 | ||||||||||||||||||
| Tax Effect of Intangible Amortization | 21.1 | 21.2 | 42.3 | 42.1 | ||||||||||||||||||||||
| Tax Effect of Restructuring and Related Costs | 2.2 | 2.3 | 4.8 | 5.9 | ||||||||||||||||||||||
| Tax Effect of Share-Based Compensation Expense | — | 1.6 | 5.3 | 2.7 | ||||||||||||||||||||||
| Tax Effect of Transaction and Integration Related Costs | 1.3 | 1.7 | 2.5 | 3.3 | ||||||||||||||||||||||
| Tax Effect of CEO Transition Costs | 0.5 | — | 0.5 | — | ||||||||||||||||||||||
| Tax Effect of Accounts Receivable Securitization Transaction Costs | 0.2 | 0.2 | 0.2 | 0.2 | ||||||||||||||||||||||
| Tax Effect of Operating Lease Asset Step Up | — | 0.1 | 0.1 | 0.1 | ||||||||||||||||||||||
| Tax Effect of Loss (Gain) on Sale of Assets | 0.6 | (0.7) | 0.7 | (2.1) | ||||||||||||||||||||||
| Discrete Tax Items | (0.1) | 0.4 | (0.2) | 0.5 | ||||||||||||||||||||||
| Adjusted Provision for Income Taxes | $ | 52.7 | $ | 48.4 | $ | 95.2 | $ | 89.8 | ||||||||||||||||||
| Adjusted Effective Tax Rate | 20.8 | % | 22.6 | % | 21.7 | % | 22.5 | % | ||||||||||||||||||
| (a) | Relates to costs associated with actions taken for employee reductions, facility consolidations and site closures, product line exits and other asset charges. | ||||||||||||||||
| (b) | For 2026, primarily relates to integration costs associated with the Altra Transaction. For 2025, primarily relates to (1) integration costs associated with the Altra Transaction and (2) IT carve-out costs associated with the sale of the industrial motors and generators businesses. | ||||||||||||||||