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Side-by-side financial comparison of HCI Group, Inc. (HCI) and RBC Bearings INC (RBC). Click either name above to swap in a different company.

RBC Bearings INC is the larger business by last-quarter revenue ($461.6M vs $246.2M, roughly 1.9× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs 14.6%, a 25.1% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs 17.0%). HCI Group, Inc. produced more free cash flow last quarter ($440.8M vs $99.1M). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (9.2% CAGR vs 5.6%).

HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.

Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...

HCI vs RBC — Head-to-Head

Bigger by revenue
RBC
RBC
1.9× larger
RBC
$461.6M
$246.2M
HCI
Growing faster (revenue YoY)
HCI
HCI
+35.1% gap
HCI
52.1%
17.0%
RBC
Higher net margin
HCI
HCI
25.1% more per $
HCI
39.7%
14.6%
RBC
More free cash flow
HCI
HCI
$341.7M more FCF
HCI
$440.8M
$99.1M
RBC
Faster 2-yr revenue CAGR
HCI
HCI
Annualised
HCI
9.2%
5.6%
RBC

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HCI
HCI
RBC
RBC
Revenue
$246.2M
$461.6M
Net Profit
$97.7M
$67.4M
Gross Margin
44.3%
Operating Margin
58.5%
22.3%
Net Margin
39.7%
14.6%
Revenue YoY
52.1%
17.0%
Net Profit YoY
3679.2%
16.4%
EPS (diluted)
$7.29
$2.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HCI
HCI
RBC
RBC
Q4 25
$246.2M
$461.6M
Q3 25
$216.3M
$455.3M
Q2 25
$221.9M
$436.0M
Q1 25
$216.4M
$437.7M
Q4 24
$161.9M
$394.4M
Q3 24
$175.3M
$397.9M
Q2 24
$206.2M
$406.3M
Q1 24
$206.6M
$413.7M
Net Profit
HCI
HCI
RBC
RBC
Q4 25
$97.7M
$67.4M
Q3 25
$65.5M
$60.0M
Q2 25
$66.2M
$68.5M
Q1 25
$69.7M
$72.7M
Q4 24
$2.6M
$57.9M
Q3 24
$5.7M
$54.2M
Q2 24
$54.1M
$61.4M
Q1 24
$47.6M
Gross Margin
HCI
HCI
RBC
RBC
Q4 25
44.3%
Q3 25
44.1%
Q2 25
44.8%
Q1 25
44.2%
Q4 24
44.3%
Q3 24
43.7%
Q2 24
45.3%
Q1 24
43.1%
Operating Margin
HCI
HCI
RBC
RBC
Q4 25
58.5%
22.3%
Q3 25
41.9%
21.5%
Q2 25
42.5%
23.2%
Q1 25
46.4%
23.0%
Q4 24
3.6%
21.7%
Q3 24
8.0%
21.6%
Q2 24
36.9%
24.0%
Q1 24
37.5%
22.8%
Net Margin
HCI
HCI
RBC
RBC
Q4 25
39.7%
14.6%
Q3 25
30.3%
13.2%
Q2 25
29.8%
15.7%
Q1 25
32.2%
16.6%
Q4 24
1.6%
14.7%
Q3 24
3.2%
13.6%
Q2 24
26.2%
15.1%
Q1 24
23.0%
EPS (diluted)
HCI
HCI
RBC
RBC
Q4 25
$7.29
$2.13
Q3 25
$4.90
$1.90
Q2 25
$5.18
$2.17
Q1 25
$5.35
$2.33
Q4 24
$0.32
$1.82
Q3 24
$0.52
$1.65
Q2 24
$4.24
$1.90
Q1 24
$3.81
$1.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCI
HCI
RBC
RBC
Cash + ST InvestmentsLiquidity on hand
$1.2B
$107.6M
Total DebtLower is stronger
$990.2M
Stockholders' EquityBook value
$1.0B
$3.3B
Total Assets
$2.5B
$5.1B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCI
HCI
RBC
RBC
Q4 25
$1.2B
$107.6M
Q3 25
$987.9M
$91.2M
Q2 25
$947.2M
$132.9M
Q1 25
$754.5M
$36.8M
Q4 24
$532.5M
Q3 24
$518.8M
Q2 24
$445.8M
$76.8M
Q1 24
$655.4M
$63.5M
Total Debt
HCI
HCI
RBC
RBC
Q4 25
$990.2M
Q3 25
$1.1B
Q2 25
$915.6M
Q1 25
$920.1M
Q4 24
Q3 24
Q2 24
Q1 24
$1.2B
Stockholders' Equity
HCI
HCI
RBC
RBC
Q4 25
$1.0B
$3.3B
Q3 25
$821.8M
$3.2B
Q2 25
$758.6M
$3.1B
Q1 25
$522.7M
$3.0B
Q4 24
$453.3M
$2.9B
Q3 24
$455.3M
$2.9B
Q2 24
$447.3M
$2.8B
Q1 24
$395.7M
$2.8B
Total Assets
HCI
HCI
RBC
RBC
Q4 25
$2.5B
$5.1B
Q3 25
$2.3B
$5.1B
Q2 25
$2.4B
$4.8B
Q1 25
$2.3B
$4.7B
Q4 24
$2.2B
$4.7B
Q3 24
$2.0B
$4.7B
Q2 24
$1.9B
$4.7B
Q1 24
$1.8B
$4.7B
Debt / Equity
HCI
HCI
RBC
RBC
Q4 25
0.30×
Q3 25
0.34×
Q2 25
0.29×
Q1 25
0.30×
Q4 24
Q3 24
Q2 24
Q1 24
0.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCI
HCI
RBC
RBC
Operating Cash FlowLast quarter
$444.4M
$122.1M
Free Cash FlowOCF − Capex
$440.8M
$99.1M
FCF MarginFCF / Revenue
179.0%
21.5%
Capex IntensityCapex / Revenue
1.5%
5.0%
Cash ConversionOCF / Net Profit
4.55×
1.81×
TTM Free Cash FlowTrailing 4 quarters
$771.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCI
HCI
RBC
RBC
Q4 25
$444.4M
$122.1M
Q3 25
$26.7M
$88.4M
Q2 25
$145.0M
$120.0M
Q1 25
$162.0M
Q4 24
$331.8M
$84.0M
Q3 24
$104.1M
Q2 24
$-29.0M
$97.4M
Q1 24
$182.0M
Free Cash Flow
HCI
HCI
RBC
RBC
Q4 25
$440.8M
$99.1M
Q3 25
$25.9M
$71.7M
Q2 25
$144.5M
$104.3M
Q1 25
$160.3M
Q4 24
$327.8M
$73.6M
Q3 24
$103.2M
Q2 24
$-30.1M
$88.4M
Q1 24
$181.0M
FCF Margin
HCI
HCI
RBC
RBC
Q4 25
179.0%
21.5%
Q3 25
12.0%
15.7%
Q2 25
65.1%
23.9%
Q1 25
74.1%
Q4 24
202.5%
18.7%
Q3 24
58.9%
Q2 24
-14.6%
21.8%
Q1 24
87.6%
Capex Intensity
HCI
HCI
RBC
RBC
Q4 25
1.5%
5.0%
Q3 25
0.4%
3.7%
Q2 25
0.2%
3.6%
Q1 25
0.8%
3.2%
Q4 24
2.5%
2.6%
Q3 24
0.5%
4.1%
Q2 24
0.5%
2.2%
Q1 24
0.5%
Cash Conversion
HCI
HCI
RBC
RBC
Q4 25
4.55×
1.81×
Q3 25
0.41×
1.47×
Q2 25
2.19×
1.75×
Q1 25
2.32×
Q4 24
128.41×
1.45×
Q3 24
18.33×
Q2 24
-0.54×
1.59×
Q1 24
3.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCI
HCI

Insurance Operation$218.3M89%
Reciprocal Exchange Operation$27.0M11%

RBC
RBC

Domestic$413.3M90%
Foreign$48.3M10%

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