RB Global Inc. (RBA)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 776,514 | 766,307 | 758,707 | 732,649 | 497,293 | 390,679 | 308,833 | 221,100 | 319,413 | 281,741 | 271,406 | 269,056 | 240,145 | 260,530 | 274,295 | 273,578 | 263,158 | 261,750 | 234,526 | 223,696 |
| 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 |
| Operating profit margin | 18.15% | 18.21% | 17.87% | 17.21% | 13.41% | 12.67% | 12.48% | 11.94% | 18.42% | 17.08% | 17.31% | 18.19% | 16.95% | 18.08% | 19.01% | 19.06% | 19.11% | 19.74% | 18.26% | 17.36% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $776,514K ÷ $4,279,210K
= 18.15%
RB Global Inc.'s operating profit margin has displayed some fluctuations over the past few years. The margin increased from 17.36% in March 2020 to a peak of 19.74% in September 2020. However, there was a slight decline in the margin during December 2020 to March 2021, hovering around the 19% mark.
Subsequently, the operating profit margin experienced a gradual decrease, reaching 16.95% by December 2021. The margin showed some recovery in the following quarters, with a peak of 18.42% in December 2022. However, there was a significant decline to 11.94% in March 2023. This decline continued through June and September 2023, with the margin showing a slight improvement in December 2023 to 13.41%.
The margin improved again from March 2024 to December 2024, consistently maintaining levels above 17%, with the highest point at 18.21%. Overall, the operating profit margin of RB Global Inc. has shown variability over the period under review, with notable peaks and troughs, indicating a mix of profitability trends affecting the company's operations.
Peer comparison
Dec 31, 2024