Abstract: A system and method for determining condition of a sleeve bearing in a rotating machine include one or more magnetic sensors and a processor. The one or more magnetic sensors are adapted to be mounted on at least a body of a rotating machine or proximate to a sleeve bearing thereof. The processor is electrically and communicatively coupled to the one or more magnetic sensors and configured to receive magnetic flux measurement from the one or more magnetic sensors. The magnetic flux measurement is made in at least one of: proximate to the sleeve bearing or body of the rotating machine. The processor is configured to determine the condition of sleeve bearing based on the magnetic flux measurement.