The present invention relates to a method and an apparatus for producing rotationally symmetric components by means of rolling. For producing a rotationally symmetric component having a profile without any bevels from a blank, the present invention suggests that an annular blank should be deformed into a profiled annular component in a first step by means of rolling between a first inner roll and a first outer roll in a diameter-enlarging mode until the radial growth is limited due to the fact that the profiled annular component comes into contact with at least one additional outer roll. In a second step, the profiled annular component is deformed in a profiling mode between a second inner roll and at least one of said outer rolls on its inner and/or outer circumferential surface(s).