RB Global Inc. (RBA)

Return on assets (ROA)

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
Total assets US$ in thousands 11,807,000 11,932,000 12,077,100 12,032,800 11,975,800 12,012,800 11,911,400 11,868,000 2,863,730 2,822,570 2,893,960 3,867,410 3,592,910 2,576,350 2,606,980 2,626,690 2,351,530 2,537,990 2,478,510 2,227,720
ROA 3.50% 3.18% 3.03% 2.84% 1.72% 1.39% 1.23% 0.96% 11.16% 10.80% 10.17% 7.80% 4.23% 6.60% 7.03% 6.68% 7.23% 6.81% 6.16% 6.90%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $413,100K ÷ $11,807,000K
= 3.50%

The return on assets (ROA) of RB Global Inc. has shown fluctuations over the past five years. The ROA ranged from a low of 0.96% in March 2023 to a high of 11.16% in December 2022. The trend indicates that the company's ability to generate profit from its assets improved significantly towards the end of 2022, but experienced a slight decline in the following periods.

Overall, RB Global Inc. has maintained relatively healthy ROA levels, indicating its efficiency in generating profits relative to its total assets. The company should continue to monitor and improve its asset utilization to ensure sustainable profitability in the future.