earnings
confidence high
sentiment neutral
materiality 0.80
Regal Rexnord Q4 adjusted EPS $2.34 up 2.6%, revenue down 1.4% organic; introduces 2025 guidance
REGAL REXNORD CORP
2024-FY EPS reported
$2.94
revenue$6,033,800,000
- GAAP diluted EPS $0.62; adjusted diluted EPS $2.34 (up 2.6% YoY). Revenue $1.46B, organic down 1.4%.
- Paid down $205M gross debt in Q4, $938M in FY; net debt/adj. EBITDA ~3.6x.
- Delivered $23M synergies in Q4 and $101M for FY, exceeding $90M target.
- FY2025 guidance: GAAP EPS $4.42-$5.22, adjusted EPS $9.60-$10.40.
- Announced strategic partnership with Honeywell to collaborate on electric aircraft (eVTOL).