RB Global Inc. (RBA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 550,100 | 282,400 | 405,988 | 205,232 | 235,888 |
| Revenue | US$ in thousands | 4,284,200 | 3,679,600 | 1,733,810 | 1,416,970 | 1,377,260 |
| Pretax margin | 12.84% | 7.67% | 23.42% | 14.48% | 17.13% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $550,100K ÷ $4,284,200K
= 12.84%
RB Global Inc.'s pretax margin has fluctuated over the years, indicating variations in its profitability before considering taxes. The trend shows a decrease from 17.13% in December 2020 to 14.48% in December 2021, suggesting a potential decline in operational efficiency or increased costs. However, there was a significant improvement in pretax margin to 23.42% by December 2022, indicating enhanced profitability. Subsequently, there was a notable drop to 7.67% by December 2023, signaling potential challenges or inefficiencies impacting the company's earnings. The pretax margin then increased to 12.84% by December 2024, but it remained below the levels observed in 2022. Overall, RB Global Inc. should monitor its pretax margin closely to ensure sustainable profitability and efficiency in its operations.
Peer comparison
Dec 31, 2024