Strong Start to 2025
All segments outperformed targets set last quarter, with orders up 3.3% on a daily organic basis and a book-to-bill ratio of 1.07.
Sales Growth in Key Areas
Sales were up 0.7% on an organic basis, with notable strength in Resi HVAC, Aerospace, and Energy markets.
Margin Expansion Achieved
Adjusted gross margin was 37.9%, up 50 basis points versus the prior year, with adjusted EBITDA margin at 21.8%, up 30 basis points.
Earnings Growth
Adjusted earnings per share was $2.15, up 7.5% versus the prior year.
Cash Flow Improvement
Generated nearly $86 million of free cash flow, up 32% versus prior year.
Humanoid Robot Market Potential
Regal Rexnord is gaining momentum in the humanoid robot market, with recent wins worth over $20 million in sales annually.