Market Summary
USD64.51+0.11
Market Closed0.17%
RBA Stock Price
RBA RSI Chart
RBA Valuation
RBA Price/Sales (Trailing)
RBA Profitability
RBA Fundamentals
RBA Revenue
RBA Earnings
Price Action
52 Week Range
48.4966.99
(Low)(High)
Last 7 days
-0.4%
Last 30 days
13.3%
Last 90 days
13.5%
Trailing 12 Months
0.3%
RBA Financial Health
RBA Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for RBA
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-14 | O'Day Timothy J. | bought | 98,280 | 65.52 | 1,500 | - |
2023-09-13 | CONCORS BARON | sold | -442,748 | 65.11 | -6,800 | chief product & tech. officer |
2023-09-01 | Watt Darren Jeffrey | sold | -16,351 | 62.41 | -262 | chief legal officer |
2023-08-31 | Cash Megan Anne | acquired | 506,052 | 37.2207 | 13,596 | principal fin. & acctg officer |
2023-08-31 | Cash Megan Anne | sold | -839,961 | 61.78 | -13,596 | principal fin. & acctg officer |
2023-08-28 | Olsson Erik | bought | 119,780 | 59.89 | 2,000 | - |
2023-08-17 | KESSLER JAMES FRANCIS | bought | 112,600 | 56.3 | 2,000 | chief executive officer |
2023-08-15 | KESSLER JAMES FRANCIS | bought | 18,453 | 56.78 | 325 | chief executive officer |
2023-08-10 | Sieger Michael D | bought | 58,080 | 58.08 | 1,000 | - |
2023-08-09 | DeWitt Adam | bought | 116,600 | 58.3 | 2,000 | - |
Which funds bought or sold RBA recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-08-28 | DT Investment Partners, LLC | sold off | -100 | -115 | - | -% |
2023-08-24 | Alberta Investment Management Corp | sold off | -100 | -7,152,540 | - | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | sold off | -100 | -1,182 | - | -% |
2023-08-23 | Rehmann Capital Advisory Group | sold off | -100 | -226,183 | - | -% |
2023-08-22 | Asset Dedication, LLC | sold off | -100 | -14,000 | - | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | sold off | -100 | -610,000 | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | sold off | -100 | -4,967,930 | - | -% |
2023-08-21 | ADVISOR GROUP HOLDINGS, INC. | sold off | -100 | -3,065,080 | - | -% |
2023-08-17 | Orion Portfolio Solutions, LLC | sold off | -100 | -823,941 | - | -% |
2023-08-16 | Nuveen Asset Management, LLC | sold off | -100 | -11,634,000 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Ritchie Bros Auctioneers
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Apr 10, 2023 | starboard value lp | 3.7% | 7,026,415 | SC 13D/A | |
| Mar 06, 2023 | starboard value lp | 5.9% | 6,894,981 | SC 13D | |
| Feb 09, 2023 | janus henderson group plc | 3.4% | 3,797,138 | SC 13G/A | |
| Feb 08, 2023 | massachusetts financial services co /ma/ | 7.0% | 7,725,132 | SC 13G/A | |
| Jan 09, 2023 | beutel, goodman & co ltd. | 5.20% | 5,767,291 | SC 13G | |
| Feb 10, 2022 | janus henderson group plc | 5.2% | 5,780,220 | SC 13G/A | |
| Feb 02, 2022 | massachusetts financial services co /ma/ | 9.6% | 10,578,495 | SC 13G/A | |
| Feb 16, 2021 | caisse de depot et placement du quebec | 0% | 0 | SC 13G/A | |
| Feb 11, 2021 | massachusetts financial services co /ma/ | 9.8% | 10,746,364 | SC 13G/A | |
| Feb 11, 2021 | janus henderson group plc | 5.7% | 6,257,925 | SC 13G/A |
Recent SEC filings of Ritchie Bros Auctioneers
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 15, 2023 | 3 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading |
RBA Fair Value
Loading...
Peers (Alternatives to Ritchie Bros Auctioneers)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
WM | 64.8B | 20.0B | 0.74% | -5.69% | 28.35 | 3.24 | 5.20% | 6.62% |
CTAS | 52.3B | 8.8B | 5.87% | 27.06% | 38.83 | 5.94 | 12.24% | 9.08% |
CPRT | 42.0B | 3.8B | 1.22% | 59.94% | 36.41 | 11.19 | 11.56% | 6.59% |
CSGP | 32.9B | 2.3B | 3.32% | 14.62% | 85.59 | 14.17 | 12.74% | 16.46% |
ROL | 19.1B | 2.9B | -2.96% | 8.50% | 48.35 | 6.64 | 12.31% | 15.80% |
| MID-CAP | ||||||||
ABM | 2.7B | 8.0B | -10.19% | 1.14% | 11.19 | 0.33 | 6.99% | 9.91% |
RBA | 11.7B | 2.5B | 13.31% | 0.25% | 79.81 | 4.74 | 54.22% | -44.48% |
IAA | 5.3B | 2.1B | -7.80% | 0.87% | 18.25 | 2.54 | 14.23% | -0.68% |
UNF | 3.2B | 2.2B | -0.09% | -2.71% | 31.02 | 1.46 | 11.69% | -8.60% |
MGRC | 2.5B | 778.2M | 3.00% | 18.38% | 14.42 | 3.19 | 23.99% | 78.46% |
| SMALL-CAP | ||||||||
VVI | 685.5M | 1.2B | -3.51% | -23.91% | 30.5 | 0.57 | 32.63% | 235.07% |
PFMT | 172.2M | 107.6M | -5.00% | 15.74% | -17.41 | 1.6 | -4.69% | -7.85% |
DSS | 25.9M | - | -17.37% | -40.32% | -0.28 | - | - | -175.74% |
CREG | 9.1M | - | 9.36% | -62.14% | -2.21 | - | - | 72.18% |
Ritchie Bros Auctioneers News
Returns for RBA
Cumulative Returns on RBA
14.3%
10-Year Cumulative Returns
10.9%
7-Year Cumulative Returns
13.6%
5-Year Cumulative Returns
4.9%
3-Year Cumulative Returns
Risks for RBA
What is the probability of a big loss on RBA?
68.8%
Probability that Ritchie Bros Auctioneers stock will be more than 20% underwater in next one year
33.5%
Probability that Ritchie Bros Auctioneers stock will be more than 30% underwater in next one year.
0%
Probability that Ritchie Bros Auctioneers stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does RBA drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Ritchie Bros Auctioneers was unfortunately bought at previous high price.
Drawdowns
Financials for Ritchie Bros Auctioneers
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 | 2018Q1 |
| Revenue | 33.6% | 2,474 | 1,852 | 1,734 | 1,669 | 1,604 | 1,540 | 1,475 | 1,410 | 1,413 | 1,403 | 1,326 | 1,284 | 1,288 | 1,319 | 1,342 | 1,298 | 1,213 | 1,170 | 1,106 | 1,088 | 1,032 |
| S&GA Expenses | 8.9% | 612 | 562 | 540 | 530 | 503 | 469 | 456 | 431 | 435 | 426 | 405 | 389 | 386 | 382 | 382 | 377 | 380 | 383 | 380 | 377 | 350 |
| EBITDA | -100.0% | - | 321 | 561 | 543 | 528 | 523 | 330 | 349 | 361 | 356 | 346 | 318 | 307 | 303 | - | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.17* | 0.32* | 0.33* | 0.34* | 0.35* | 0.23* | 0.24* | 0.25* | 0.25* | 0.26* | 0.25* | 0.24* | 0.23* | - | - | - | - | - | - | - |
| Interest Expenses | 80.0% | 105 | 58.00 | 58.00 | 59.00 | 58.00 | 49.00 | 37.00 | 35.00 | 35.00 | 35.00 | 37.00 | 38.00 | 40.00 | 41.00 | 43.00 | 43.00 | 44.00 | 45.00 | 44.00 | 44.00 | 41.00 |
| Earnings Before Taxes | 28.8% | 199 | 154 | 406 | 388 | 376 | 383 | 205 | 230 | 245 | 244 | 235 | 206 | 194 | 191 | 174 | 170 | 155 | 153 | 136 | 115 | 82.00 |
| EBT Margin | -100.0% | - | 0.08* | 0.23* | 0.23* | 0.24* | 0.26* | 0.14* | 0.16* | 0.17* | 0.17* | 0.18* | 0.16* | 0.15* | 0.14* | - | - | - | - | - | - | - |
| Net Income | 29.5% | 147 | 113 | 320 | 275 | 265 | 272 | 122 | 162 | 179 | 169 | 173 | 153 | 154 | 149 | 133 | 131 | 123 | 121 | 123 | 110 | 82.00 |
| Net Income Margin | -100.0% | - | 0.06* | 0.18* | 0.16* | 0.19* | 0.20* | 0.11* | 0.12* | 0.13* | 0.12* | 0.13* | 0.12* | 0.12* | 0.11* | - | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 167 | 431 | 248 | 295 | 312 | 308 | 285 | 258 | 422 | 273 | 356 | 251 | 319 | - | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 0.4% | 11,911 | 11,868 | 2,864 | 2,823 | 2,894 | 3,867 | 3,593 | 2,576 | 2,607 | 2,627 | 2,352 | 2,538 | 2,479 | 2,228 | 2,229 | 2,358 | 2,375 | 2,220 | 2,052 | 2,169 | 2,118 |
| Current Assets | 0.1% | 1,832 | 1,830 | 963 | 954 | 997 | 1,028 | 762 | 825 | 834 | 844 | 557 | 1,013 | 962 | 709 | 680 | 809 | 827 | 694 | 604 | 686 | 624 |
| Cash Equivalents | -23.8% | 433 | 568 | 494 | 439 | 532 | 1,530 | 1,363 | 468 | 443 | 442 | 279 | 590 | 538 | 356 | 420 | 451 | 339 | 323 | 306 | 304 | 329 |
| Inventory | -13.2% | 180 | 207 | 103 | 101 | 125 | 79.00 | 102 | 64.00 | 86.00 | 72.00 | 86.00 | 62.00 | 63.00 | 62.00 | 65.00 | 53.00 | 79.00 | 76.00 | 113 | 85.00 | 64.00 |
| Net PPE | -0.6% | 1,138 | 1,145 | 459 | 445 | 443 | 446 | 449 | 466 | 483 | 484 | 492 | 481 | 476 | 477 | 484 | 477 | 473 | 469 | 487 | 505 | 513 |
| Goodwill | 26.6% | 4,705 | 3,717 | 949 | 947 | 946 | 948 | 948 | 838 | 839 | 841 | 841 | 673 | 671 | 670 | 672 | 671 | 673 | 672 | 672 | 673 | 673 |
| Liabilities | -0.2% | 6,499 | 6,513 | 1,574 | 1,583 | 1,650 | 2,642 | 2,522 | 1,514 | 1,546 | 1,616 | 1,339 | 1,573 | 1,574 | 1,383 | 1,322 | 1,515 | 1,538 | 1,386 | 1,216 | 1,348 | 1,313 |
| Current Liabilities | -1.5% | 1,384 | 1,405 | 795 | 752 | 793 | 849 | 588 | 682 | 717 | 785 | 515 | 753 | 768 | 584 | 501 | 660 | 665 | 532 | 440 | 535 | 495 |
| Short Term Borrowings | -27.1% | 17.00 | 24.00 | 29.00 | 2.00 | 9.00 | 22.00 | 6.00 | 18.00 | 35.00 | 26.00 | 29.00 | 20.00 | 22.00 | 33.00 | 5.00 | 6.00 | 8.00 | 9.00 | 20.00 | 11.00 | 4.00 |
| LT Debt, Current | -80.6% | 19.00 | 96.00 | 4.00 | 4.00 | 5.00 | 4.00 | 3.00 | 1.00 | 11.00 | 11.00 | 10.00 | 10.00 | 18.00 | 17.00 | 18.00 | 18.00 | 18.00 | 16.00 | 13.00 | 12.00 | 9.00 |
| LT Debt, Non Current | -0.6% | 3,105 | 3,125 | 577 | 633 | 640 | 1,578 | 1,734 | 633 | 626 | 626 | 626 | 623 | 614 | 614 | 627 | 671 | 687 | 688 | 698 | 740 | 741 |
| Shareholder's Equity | 1.2% | 4,920 | 4,864 | 1,290 | 1,239 | 1,244 | 1,225 | 1,071 | 1,062 | 1,061 | 1,011 | 1,012 | 965 | 904 | 845 | 907 | 843 | 836 | 833 | 836 | 821 | 791 |
| Retained Earnings | 3.4% | 887 | 858 | 1,043 | 1,028 | 1,015 | 990 | 840 | 837 | 832 | 796 | 792 | 767 | 746 | 715 | 714 | 684 | 681 | 647 | 648 | 632 | 628 |
| Additional Paid-In Capital | 1.0% | 90.00 | 89.00 | 85.00 | 82.00 | 73.00 | 61.00 | 60.00 | 58.00 | 52.00 | 44.00 | 49.00 | 48.00 | 48.00 | 46.00 | 52.00 | 59.00 | 55.00 | 50.00 | 57.00 | 54.00 | 41.00 |
| Shares Outstanding | 0.0% | 182 | 182 | 111 | 111 | 111 | 111 | 111 | 110 | 110 | 110 | 110 | 109 | 108 | 109 | 109 | 108 | 109 | 109 | 109 | 108 | 108 |
| Minority Interest | 0% | 2.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 42.7% | 315 | 221 | 463 | 277 | 304 | 322 | 318 | 296 | 271 | 434 | 258 | 289 | 371 | 265 | 333 | 356 | 197 | 149 | 144 | 146 | 139 |
| Share Based Compensation | -2.4% | 45.00 | 46.00 | 42.00 | 39.00 | 37.00 | 32.00 | 31.00 | 26.00 | 25.00 | 21.00 | 17.00 | 18.00 | 15.00 | 12.00 | 13.00 | - | - | - | - | - | - |
| Cashflow From Investing | -1.9% | -2,955 | -2,900 | 77.00 | -73.35 | -50.46 | -49.13 | -214 | -298 | -299 | -279 | -276 | -25.57 | -18.99 | -35.17 | -36.06 | -22.83 | -27.05 | -25.91 | -30.95 | -38.16 | -46.04 |
| Cashflow From Financing | 42.6% | 2,682 | 1,881 | -1,258 | -129 | -144 | 814 | 961 | -123 | -84.51 | -96.24 | -111 | -134 | -153 | -190 | -187 | -185 | -161 | -133 | -134 | -114 | -134 |
| Dividend Payments | 9.0% | 259 | 238 | 115 | 113 | 111 | 107 | 104 | 100 | 97.00 | 94.00 | 92.00 | 89.00 | 87.00 | 85.00 | 83.00 | 80.00 | 78.00 | 77.00 | 76.00 | 74.00 | 73.00 |
| Buy Backs | - | - | - | - | - | - | - | - | - | - | - | 53.00 | 53.00 | 53.00 | 95.00 | 42.00 | 84.00 | 168 | - | - | - | - |
RBA Income Statement
2023-06-30Condensed Consolidated Income Statements - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Revenue: | ||||
| Total revenue | $ 1,106.5 | $ 484.5 | $ 1,618.9 | $ 878.5 |
| Operating expenses: | ||||
| Selling, general and administrative | 194.5 | 144.3 | 342.7 | 270.9 |
| Acquisition-related and integration costs | 46.3 | 3.4 | 172.5 | 13.0 |
| Depreciation and amortization | 109.6 | 24.3 | 145.8 | 48.5 |
| Total operating expenses | 929.6 | 393.2 | 1,468.1 | 724.3 |
| Gain on disposition of property, plant and equipment | 2.7 | 0.3 | 3.9 | 170.2 |
| Operating income | 179.6 | 91.6 | 154.7 | 324.4 |
| Interest expense | (65.0) | (18.5) | (85.9) | (39.1) |
| Interest income | 5.0 | 0.9 | 11.3 | 1.4 |
| Change in fair value of derivatives, net | 1.3 | |||
| Other income, net | 0.2 | 0.8 | 2.6 | 1.1 |
| Foreign exchange (loss) gain | (0.4) | 0.2 | (0.7) | 0.3 |
| Income before income taxes | 119.4 | 75.0 | 82.0 | 289.4 |
| Income tax expense | 32.6 | 21.6 | 23.4 | 57.9 |
| Net income | 86.8 | 53.4 | 58.6 | 231.5 |
| Net income attributable to: | ||||
| Controlling interests | 86.9 | 53.4 | 58.8 | 231.5 |
| Redeemable non-controlling interests | (0.1) | (0.2) | ||
| Net income | 86.8 | 53.4 | 58.6 | 231.5 |
| Net income attributable to controlling interests | 86.9 | 53.4 | 58.8 | 231.5 |
| Cumulative dividends on Series A Senior Preferred Shares | (6.7) | (10.9) | ||
| Allocated earnings to Series A Senior Preferred Shares | (2.8) | (3.7) | ||
| Net income available to common stockholders | $ 77.4 | $ 53.4 | $ 44.2 | $ 231.5 |
| Earnings per share available to common stockholders: | ||||
| Basic | $ 0.43 | $ 0.48 | $ 0.29 | $ 2.09 |
| Diluted | $ 0.42 | $ 0.48 | $ 0.29 | $ 2.07 |
| Weighted average number of shares outstanding: | ||||
| Basic | 181,860,026 | 110,760,339 | 151,343,397 | 110,705,182 |
| Diluted | 182,810,399 | 111,705,102 | 152,404,830 | 111,681,644 |
| Service revenue | ||||
| Revenue: | ||||
| Total revenue | $ 806.1 | $ 286.5 | $ 1,149.6 | $ 531.4 |
| Operating expenses: | ||||
| Direct expenses | 287.3 | 45.0 | 363.7 | 84.1 |
| Inventory sales revenue | ||||
| Revenue: | ||||
| Total revenue | 300.4 | 198.0 | 469.3 | 347.1 |
| Operating expenses: | ||||
| Direct expenses | $ 291.9 | $ 176.2 | $ 443.4 | $ 307.8 |
RBA Balance Sheet
2023-06-30Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $ 432.9 | $ 494.3 |
| Restricted cash | 140.4 | 131.6 |
| Trade and other receivables | 899.2 | 186.5 |
| Less: allowance for credit losses | (4.5) | (3.3) |
| Prepaid consigned vehicle charges | 56.0 | |
| Inventory | 179.9 | 103.1 |
| Other current assets | 84.3 | 48.3 |
| Income taxes receivable | 44.1 | 2.6 |
| Total current assets | 1,832.3 | 963.1 |
| Property, plant and equipment | 1,137.9 | 459.1 |
| Operating lease right-of-use assets | 1,411.3 | 123.0 |
| Other non-current assets | 81.2 | 40.4 |
| Intangible assets | 2,734.6 | 322.7 |
| Goodwill | 4,705.2 | 948.8 |
| Deferred tax assets | 8.9 | 6.6 |
| Total assets | 11,911.4 | 2,863.7 |
| Liabilities, Temporary Equity and Equity | ||
| Auction proceeds payable | 633.7 | 449.0 |
| Trade and other liabilities | 609.1 | 258.7 |
| Current operating lease liabilities | 98.8 | 12.7 |
| Income taxes payable | 6.5 | 41.3 |
| Short-term debt | 17.2 | 29.1 |
| Current portion of long-term debt | 18.6 | 4.4 |
| Total current liabilities | 1,383.9 | 795.2 |
| Long-term operating lease liabilities | 1,285.0 | 111.9 |
| Long-term debt | 3,104.8 | 577.1 |
| Other non-current liabilities | 56.3 | 35.4 |
| Deferred tax liabilities | 668.6 | 54.0 |
| Total liabilities | 6,498.6 | 1,573.6 |
| Temporary equity: | ||
| Series A Senior Preferred Shares; no par value, shares authorized, issued and outstanding: 485,000,000 (December 31, 2022: nil) | 482.0 | |
| Redeemable non-controlling interest | 8.7 | |
| Share capital: | ||
| Common stock; no par value, unlimited shares authorized, issued and outstanding shares: 181,983,976 (December 31, 2022: 110,881,363) | 3,995.1 | 246.3 |
| Additional paid-in capital | 89.7 | 85.3 |
| Retained earnings | 887.1 | 1,043.2 |
| Accumulated other comprehensive loss | (52.1) | (85.1) |
| Stockholders' equity | 4,919.8 | 1,289.6 |
| Non-controlling interests | 2.3 | 0.5 |
| Total stockholders' equity | 4,922.1 | 1,290.1 |
| Total liabilities, temporary equity and equity | $ 11,911.4 | $ 2,863.7 |
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.