established in 1958, ritchie bros. (nyse and tsx: rba) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company’s selling channels include: ritchie bros. auctioneers, the world’s largest industrial auctioneer offers live auction events with online bidding; ironplanet, an online marketplace with featured weekly auctions and providing its exclusive ironclad assurance® equipment condition certification; marketplacee, an online marketplace offering multiple price and timing options; mascus, a leading european online equipment listing service; and ritchie bros. private treaty, offering privately negotiated sales. the company also offers sector-specific solutions including govplanet, truckplanet, kruse energy auctioneers, and cat® auctions, plu
Company profile
Ticker
RBA
Exchange
Website
CEO
Ann Fandozzi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RITCHIE BROS AUCTIONEERS INC
SEC CIK
Corporate docs
Subsidiaries
Ritchie Bros. Holdings Inc. • RBA Holdings Inc. • Ritchie Bros. Auctioneers (America) Inc. • Ritchie Bros. Properties Inc. • Ritchie Bros. Financial Services (America) Inc. • AssetNation, Inc. • SalvageSale Mexico Holding LLC • Ritchie Bros. Asset Solutions Inc. • Xcira, LLC • IronPlanet, Inc ...
RBA stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEFA14A
Additional proxy soliciting materials
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
PRE 14A
Preliminary proxy
23 Feb 24
8-K
RB Global reports fourth quarter and full year 2023 results
23 Feb 24
8-K
Departure of Directors or Certain Officers
2 Feb 24
8-K
RB Global, Inc. Declares Quarterly Dividend
22 Jan 24
8-K
Departure of Directors or Certain Officers
22 Dec 23
8-K
Departure of Directors or Certain Officers
18 Dec 23
8-K
RB Global Appoints Eric J. Guerin as Chief Financial Officer
12 Dec 23
Transcripts
RBA
Earnings call transcript
2023 Q3
9 Nov 23
RBA
Earnings call transcript
2023 Q2
3 Aug 23
RBA
Earnings call transcript
2023 Q2
3 Aug 23
RBA
Earnings call transcript
2023 Q1
10 May 23
RBA
Earnings call transcript
2023 Q1
10 May 23
RBA
Earnings call transcript
2022 Q4
21 Feb 23
RBA
Earnings call transcript
2022 Q4
21 Feb 23
RBA
Earnings call transcript
2022 Q3
7 Nov 22
RBA
Earnings call transcript
2022 Q2
5 Aug 22
RBA
Earnings call transcript
2022 Q2
5 Aug 22
Latest ownership filings
4
Eric Guerin
19 Mar 24
4
Darren Jeffrey Watt
19 Mar 24
4
JAMES J JETER
19 Mar 24
4
Andrew John Fesler
19 Mar 24
4
BARON CONCORS
19 Mar 24
4
JAMES FRANCIS KESSLER
19 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
4
Jeffrey C Smith
6 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 559.20 mm | 559.20 mm | 559.20 mm | 559.20 mm | 559.20 mm | 559.20 mm |
Cash burn (monthly) | 4.70 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 28.04 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 531.16 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 113.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
91.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 371 |
Opened positions | 52 |
Closed positions | 51 |
Increased positions | 113 |
Reduced positions | 154 |
13F shares | Current |
---|---|
Total value | 10.47 tn |
Total shares | 167.55 mm |
Total puts | 97.92 k |
Total calls | 174.84 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 22.65 mm | $1.42 tn |
Independent Franchise Partners | 15.90 mm | $993.73 bn |
Massachusetts Financial Services | 10.32 mm | $645.01 bn |
EdgePoint Investment | 8.35 mm | $522.92 bn |
Beutel, Goodman & Co | 6.99 mm | $440.27 bn |
BLK Blackrock | 6.65 mm | $415.46 bn |
Vontobel Asset Management | 3.99 mm | $264.75 bn |
ArrowMark Colorado | 3.81 mm | $237.94 bn |
Riverbridge Partners | 3.59 mm | $224.12 bn |
Cooke & Bieler | 3.50 mm | $218.95 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Eric Guerin | Restricted Share Units (2024 RSUs) Common Shares | Grant | Acquire A | No | No | 0 | 11,510 | 0.00 | 11,510 |
15 Mar 24 | Darren Jeffrey Watt | Common Shares | Payment of exercise | Dispose F | No | No | 75.26 | 496 | 37.33 k | 18,216 |
15 Mar 24 | Darren Jeffrey Watt | Common Shares | Option exercise | Acquire M | No | No | 0 | 11 | 0.00 | 18,712 |
15 Mar 24 | Darren Jeffrey Watt | Common Shares | Option exercise | Acquire M | No | No | 0 | 914 | 0.00 | 18,701 |
15 Mar 24 | Darren Jeffrey Watt | Common Shares | Payment of exercise | Dispose F | No | No | 64.83 | 3,316 | 214.98 k | 17,787 |
15 Mar 24 | Darren Jeffrey Watt | Dividend Equivalent Rights (2023 RSUs) Common Shares | Option exercise | Dispose M | No | No | 0 | 11 | 0.00 | 0 |
15 Mar 24 | Darren Jeffrey Watt | Restricted Share Units (2023 RSUs) Common Shares | Option exercise | Dispose M | No | No | 0 | 914 | 0.00 | 1,818 |
15 Mar 24 | Darren Jeffrey Watt | Restricted Share Units (2024 RSUs) Common Shares | Grant | Acquire A | No | No | 0 | 2,086 | 0.00 | 2,083 |
15 Mar 24 | James J Jeter | Common Shares | Payment of exercise | Dispose F | No | No | 75.26 | 663 | 49.90 k | 28,267 |
15 Mar 24 | James J Jeter | Common Shares | Option exercise | Acquire M | No | No | 0 | 17 | 0.00 | 28,930 |
News
Ritchie Bros. Auctioneers Sold 16,500+ Equipment Items, Trucks And Vehicles At Its Feb. 19-23 Premier Global Auction Event In Orlando, FL, Generating $258M+ In Gross Transaction Value
27 Feb 24
Scotiabank Maintains Sector Outperform on RB Global, Raises Price Target to $88
26 Feb 24
RBC Capital Maintains Outperform on RB Global, Raises Price Target to $93
26 Feb 24
Why MercadoLibre Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Friday's Mid-Day Session
23 Feb 24
Carvana Posts Q4 Results, Joins LegalZoom.com, Comfort Systems And Other Big Stocks Moving Higher On Friday
23 Feb 24
Press releases
RB Global Appoints Nancy King as Chief Technology Officer
18 Mar 24
IAA Announces New Market Alliance in Lithuania
14 Mar 24
Ritchie Bros. Sells US$258+ Million of Heavy Equipment Assets and Vehicles in its 2024 Premier Global Auction in Orlando, FL
27 Feb 24
RB Global reports fourth quarter and full year 2023 results
23 Feb 24
Ritchie Bros.' Largest-Ever Premier Global Auction Event in Orlando to Feature Record-Setting 16,500+ Heavy Equipment Assets and Vehicles
16 Feb 24