RB Global Inc. (RBA)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 78.46% | 73.58% | 69.78% | 65.96% | 59.24% | 63.72% | 62.43% | 61.64% | 61.78% | 62.00% | 74.96% | 75.62% | 76.53% | 77.07% | 76.18% | 81.34% | 85.48% | 90.69% | 90.86% | 90.80% |
| Operating profit margin | 16.43% | 12.81% | 11.91% | 11.52% | 10.63% | 26.22% | 26.70% | 27.46% | 28.96% | 16.95% | 18.08% | 19.01% | 19.06% | 19.11% | 19.74% | 18.26% | 17.36% | 16.93% | 15.50% | 15.34% |
| Pretax margin | 10.87% | 7.69% | 7.38% | 8.03% | 8.32% | 23.40% | 23.55% | 24.00% | 25.89% | 14.49% | 15.92% | 16.97% | 16.98% | 17.11% | 17.67% | 16.01% | 15.08% | 14.46% | 12.94% | 13.06% |
| Net profit margin | 8.08% | 5.61% | 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% | 11.30% | 9.90% | 10.08% |
RB Global Inc. has shown varying levels of profitability over the past quarters, as indicated by its profitability ratios. The gross profit margin has generally been strong, ranging from 59.24% to 78.46%. This implies that the company has been effective in controlling its production costs and generating revenue.
In terms of operating profit margin, RB Global Inc. has also exhibited fluctuations, with figures ranging from 10.63% to 28.96%. While the company experienced a significant drop in the operating profit margin in some quarters, it rebounded to higher levels in others. This suggests that the management has been actively managing its operating expenses to improve profitability.
The pretax margin has shown a similar pattern, fluctuating between 7.38% and 25.89%. This ratio reflects the company's ability to generate profits before accounting for taxes, and the variations may indicate changes in tax liabilities, non-operating income, or other factors impacting the bottom line.
RB Global Inc.'s net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, has ranged from 5.43% to 20.40%. The company has seen shifts in its net profit margin over the quarters, suggesting changes in operating efficiency, cost management, or other factors affecting net income.
Overall, RB Global Inc. has demonstrated resilience in maintaining profitability, though it has experienced some volatility in its profitability ratios. Continued monitoring and analysis of these ratios will be crucial to assess the company's financial health and performance in the future.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.77% | 3.92% | 3.06% | 2.39% | 1.66% | 15.87% | 15.60% | 14.87% | 11.08% | 6.68% | 10.11% | 10.52% | 10.42% | 11.19% | 10.31% | 9.46% | 10.04% | 10.01% | 8.82% | 8.38% |
| Return on assets (ROA) | 2.84% | 1.72% | 1.39% | 1.23% | 0.96% | 11.16% | 10.81% | 10.17% | 7.80% | 4.23% | 6.60% | 7.03% | 6.68% | 7.23% | 6.81% | 6.16% | 6.90% | 6.69% | 5.64% | 5.51% |
| Return on total capital | 8.97% | 6.15% | 4.84% | 3.78% | 2.66% | 24.84% | 23.89% | 23.07% | 15.40% | 8.64% | 15.63% | 16.66% | 17.11% | 16.60% | 17.16% | 16.12% | 16.10% | 15.17% | 14.34% | 14.02% |
| Return on equity (ROE) | 6.75% | 4.12% | 3.41% | 2.99% | 2.33% | 24.79% | 24.62% | 23.67% | 24.64% | 14.18% | 16.02% | 17.34% | 17.45% | 16.89% | 18.01% | 16.98% | 18.30% | 16.53% | 15.86% | 15.75% |
RB Global Inc.'s profitability ratios have fluctuated over time. The Operating return on assets (Operating ROA) has shown a gradual increase from 1.66% in March 2020 to 5.77% in March 2024, indicating that the company is becoming more efficient in generating operating income from its assets.
Similarly, Return on assets (ROA) has also shown an upward trend from 0.96% in March 2020 to 2.84% in March 2024, although the fluctuations are more pronounced. This suggests that RB Global Inc.'s overall profitability in generating income from its assets has improved over the years.
Return on total capital has displayed a similar pattern, increasing from 2.66% in March 2020 to 8.97% in March 2024. This indicates that the company is effectively utilizing its total capital to generate returns for its investors.
Return on equity (ROE) has also seen an upward trajectory, from 2.33% in March 2020 to 6.75% in March 2024. This highlights that RB Global Inc. is generating higher returns for its equity shareholders over time.
Overall, RB Global Inc.'s profitability ratios show a positive trend, indicating an improvement in the company's ability to generate income from its assets, capital, and equity.