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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Operating Margin
Ritchie Bros Auctioneers Inc

18.3%
Current
19%
Average
5.7%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
18.3%
=
Operating Profit
764.7m
/
Revenue
4.2B

Operating Margin Across Competitors

Country CA
Market Cap 24B CAD
Operating Margin
18%
Country US
Market Cap 75.4B USD
Operating Margin
22%
Country US
Market Cap 56.1B USD
Operating Margin
36%
Country AU
Market Cap 26.6B AUD
Operating Margin
19%
Country US
Market Cap 12.4B USD
Operating Margin N/A
Country IN
Market Cap 627.4B INR
Operating Margin
33%
Country US
Market Cap 4.9B EUR
Operating Margin
20%
Country UK
Market Cap 4B GBP
Operating Margin
14%
Country FR
Market Cap 5B EUR
Operating Margin
5%
Country FR
Market Cap 4.4B EUR
Operating Margin
11%
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

Discover More
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
18.3%
=
Operating Profit
764.7m
/
Revenue
4.2B
What is the Operating Margin of Ritchie Bros Auctioneers Inc?

Based on Ritchie Bros Auctioneers Inc's most recent financial statements, the company has Operating Margin of 18.3%.