RB Global Inc. (RBA)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 783,800 | 505,300 | 445,488 | 240,094 | 266,852 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,226,300 | 5,016,700 | 1,289,610 | 1,070,680 | 1,007,240 |
| Return on total capital | 15.00% | 10.07% | 34.54% | 22.42% | 26.49% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $783,800K ÷ ($—K + $5,226,300K)
= 15.00%
RB Global Inc.'s return on total capital has fluctuated over the past five years. In 2020, the return on total capital was 26.49%, which decreased to 22.42% in 2021. However, there was a significant improvement in 2022, with the return on total capital rising to 34.54%. Subsequently, in 2023, there was a notable decline to 10.07%. Finally, in 2024, there was a slight recovery as the return on total capital increased to 15.00%.
Overall, RB Global Inc.'s return on total capital has shown variability, with sharp increases and decreases occurring in different years. It is essential for investors and stakeholders to monitor these fluctuations and consider the company's performance and strategies to understand the reasons behind these changes in return on total capital.
Peer comparison
Dec 31, 2024