RB Global Inc. (RBA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 761,200 | 471,300 | 328,079 | 240,147 | 263,160 |
| Revenue | US$ in thousands | 4,284,200 | 3,679,600 | 1,733,810 | 1,416,970 | 1,377,260 |
| Operating profit margin | 17.77% | 12.81% | 18.92% | 16.95% | 19.11% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $761,200K ÷ $4,284,200K
= 17.77%
RB Global Inc.'s operating profit margin has shown some fluctuations over the past five years. It decreased from 19.11% as of December 31, 2020, to 16.95% by December 31, 2021. However, it then improved to 18.92% by December 31, 2022. There was a notable decrease to 12.81% by December 31, 2023, indicating potential operational challenges or increased costs affecting profitability. The margin recovered to 17.77% as of December 31, 2024, which suggests some stabilization or improvement in the company's operational performance. Analyzing the trend over time can provide valuable insights into RB Global Inc.'s ability to generate profits from its core business activities.
Peer comparison
Dec 31, 2024