Abstract Fang contact model is introduced to analyze stress of the spherical fixed ring journal bearing. Developed calculation programs in the MATLAB software which are utilized to calculate the contact characteristics of roller cone drill bits spherical fixed ring journal bearing. In addition, effects of external load, radius clearance values, and material parameter on the mechanics performance were investigated. The results show that the value of external load has a direct pronounced effect on the contact characteristics of journal bearing. There is a significant positive correlation between contact pressure and external load, radius clearance value, and the Young's modulus of material. However, there is an evident negative correlation between contact radius of journal bearing and radius clearance value, and the Young's modulus of material. The smaller radius clearance value of journal bearing is, the more centralized contact region will be, so the corresponding contact pressure will be higher. From the perspective of reducing friction and wear, we need select the materials which have high strength and good toughness. Not only might this can improve the wear resistance, it also effectively decreases the contact pressure. In this case, we can prolong the service life of roller cone drill bits journal bearing.