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Operating Expenses

Defined Benefit Plan Contributions

RBC Bearings Defined Benefit Plan Contributions remained flat by 0.0% to $2.63M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $2.48M to $2.63M. Over 4 years (FY 2022 to FY 2026), Defined Benefit Plan Contributions shows an upward trend with a 22.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2026May 15, 2026

How to read this metric

Increasing contributions may indicate a need to address underfunded pension liabilities, whereas stable or decreasing contributions suggest a well-funded plan.

Detailed definition

The cash payments made by the employer into defined benefit pension plans to fund future retirement obligations for empl...

Peer comparison

Common for mature industrial companies with legacy pension obligations.

Metric ID: cvx_defined_benefit_plan_contributions

Historical Data

5 years
 FY'22FY'23FY'24FY'25FY'26
Value$4.6M$8.6M$9.6M$9.9M$10.5M
YoY Change+87.0%+11.6%+3.1%+6.1%
Range$4.6M$10.5M
CAGR+22.9%
Avg YoY Growth+26.9%
Median YoY Growth+8.8%
Current Streak4+ years growth

Frequently Asked Questions

What is RBC Bearings's defined benefit plan contributions?
RBC Bearings (RBC) reported defined benefit plan contributions of $2.63M in Q1 2026.
How has RBC Bearings's defined benefit plan contributions changed year-over-year?
RBC Bearings's defined benefit plan contributions increased by 6.1% year-over-year, from $2.48M to $2.63M.
What is the long-term trend for RBC Bearings's defined benefit plan contributions?
Over 4 years (2022 to 2026), RBC Bearings's defined benefit plan contributions has grown at a 22.9% compound annual growth rate (CAGR), from $4.6M to $10.5M.
What does defined benefit plan contributions mean?
Cash payments made by the company to fund employee pension plans.