RB Global Inc. (RBA)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 413,100 378,900 366,200 342,000 206,500 167,489 146,998 113,463 319,657 304,963 294,390 301,774 151,868 170,129 183,180 175,474 170,095 172,812 152,691 153,684
Revenue (ttm) US$ in thousands 4,279,210 4,207,280 4,245,280 4,255,910 3,708,370 3,082,561 2,474,240 1,852,286 1,733,807 1,649,319 1,567,522 1,479,337 1,416,971 1,441,011 1,442,871 1,435,560 1,377,260 1,326,041 1,284,295 1,288,467
Net profit margin 9.65% 9.01% 8.63% 8.04% 5.57% 5.43% 5.94% 6.13% 18.44% 18.49% 18.78% 20.40% 10.72% 11.81% 12.70% 12.22% 12.35% 13.03% 11.89% 11.93%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $413,100K ÷ $4,279,210K
= 9.65%

RB Global Inc.'s net profit margin has shown fluctuations over the reported periods, ranging from a low of 5.43% on September 30, 2023, to a high of 20.40% on March 31, 2022. The company experienced a gradual decrease in net profit margin from March 31, 2022, to December 31, 2023, which was followed by an increase in the subsequent quarters through December 31, 2024. This indicates variability in the company's profitability relative to its revenue during the specified periods. It is essential for RB Global Inc. to monitor and analyze the factors contributing to these fluctuations to maintain sustainable profitability in the long term.