Ritchie Bros Auctioneers Inc
NYSE:RBA

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Ritchie Bros Auctioneers Inc
NYSE:RBA
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Price: 90.51 USD -0.39% Market Closed
Market Cap: 16.7B USD
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Ritchie Bros Auctioneers Inc
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Ritchie Bros Auctioneers Inc
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Ritchie Bros Auctioneers Inc
TSX:RBA
Net Income (Common)
$340.5m
CAGR 3-Years
26%
CAGR 5-Years
21%
CAGR 10-Years
14%
Boyd Group Services Inc
TSX:BYD
Net Income (Common)
$41.2m
CAGR 3-Years
6%
CAGR 5-Years
-7%
CAGR 10-Years
N/A
Calian Group Ltd
TSX:CGY
Net Income (Common)
CA$11.2m
CAGR 3-Years
0%
CAGR 5-Years
-11%
CAGR 10-Years
0%
Dexterra Group Inc
TSX:DXT
Net Income (Common)
CA$12.7m
CAGR 3-Years
-14%
CAGR 5-Years
7%
CAGR 10-Years
-1%
Black Diamond Group Ltd
TSX:BDI
Net Income (Common)
CA$24.1m
CAGR 3-Years
48%
CAGR 5-Years
N/A
CAGR 10-Years
-7%
GDI Integrated Facility Services Inc
TSX:GDI
Net Income (Common)
CA$15m
CAGR 3-Years
-35%
CAGR 5-Years
7%
CAGR 10-Years
N/A
No Stocks Found

Ritchie Bros Auctioneers Inc
Glance View

Market Cap
16.7B USD
Industry
Commercial Services & Supplies
Economic Moat
None

In the competitive realm of industrial auctions, Ritchie Bros Auctioneers Inc. has carved out a unique niche, transforming the way heavy equipment and trucks are bought and sold. Founded in Kelowna, British Columbia in 1958, the company initially began as a small-scale auctioneering partnership. Over the decades, it evolved into a global leader in asset management and disposition, renowned for its unreserved public auctions where every item is sold to the highest bidder without minimum price restrictions. This unreserved nature works as a key catalyst, generating excitement and encouraging competitive bidding among buyers from a diverse array of industries, including construction, agriculture, and transportation. Online and onsite auction platforms further amplify their reach and accessibility, offering real-time access to goods for bidders worldwide. Ritchie Bros generates most of its revenue from commissions and fees earned on successful auctions. Whether it's a large-scale industrial auction at one of their international facilities or a specialized online event, the company provides a full suite of services to sellers, including appraisals, inventory management, transportation, and refurbishing, effectively positioning itself as a comprehensive solution provider. Their diversification into digital marketplaces, such as the acquisition of IronPlanet, has provided an added dimension to their business model, allowing Ritchie Bros to leverage technology to enhance efficiency and scale operations. Through these multifaceted approaches, the company ensures robust market engagement, facilitating billions of dollars in transaction volumes annually and cementing its reputation as a trusted partner for companies looking to manage their assets effectively.

RBA Intrinsic Value
68.94 USD
Overvaluation 24%
Intrinsic Value
Price

See Also

What is Ritchie Bros Auctioneers Inc's Net Income (Common)?
Net Income (Common)
340.5m USD

Based on the financial report for Sep 30, 2024, Ritchie Bros Auctioneers Inc's Net Income (Common) amounts to 340.5m USD.

What is Ritchie Bros Auctioneers Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
14%

Over the last year, the Net Income (Common) growth was 138%. The average annual Net Income (Common) growth rates for Ritchie Bros Auctioneers Inc have been 26% over the past three years , 21% over the past five years , and 14% over the past ten years .

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