Ritchie Financial Statements From 2010 to 2024

RBA Stock  CAD 133.18  2.11  1.61%   
Ritchie Bros financial statements provide useful quarterly and yearly information to potential Ritchie Bros Auctioneers investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ritchie Bros financial statements helps investors assess Ritchie Bros' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ritchie Bros' valuation are summarized below:
Gross Profit
957.1 M
Profit Margin
0.0906
Market Capitalization
24.6 B
Enterprise Value Revenue
5.11
Revenue
4.2 B
We have found one hundred twenty available trending fundamental ratios for Ritchie Bros Auctioneers, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Ritchie Bros' recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 13.9 B. Also, Enterprise Value is likely to grow to about 18.3 B

Ritchie Bros Total Revenue

2.91 Billion

Check Ritchie Bros financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ritchie Bros' main balance sheet or income statement drivers, such as Depreciation And Amortization of 485.2 M, Interest Expense of 169.2 M or Selling General Administrative of 551.4 M, as well as many indicators such as Price To Sales Ratio of 6.7, Dividend Yield of 0.0216 or PTB Ratio of 2.51. Ritchie financial statements analysis is a perfect complement when working with Ritchie Bros Valuation or Volatility modules.
  
This module can also supplement various Ritchie Bros Technical models . Check out the analysis of Ritchie Bros Correlation against competitors.

Ritchie Bros Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.5 B9.1 B2.7 B
Slightly volatile
Short and Long Term Debt Total3.6 B3.5 B921.8 M
Slightly volatile
Other Current Liabilities804.2 M765.9 M263.3 M
Slightly volatile
Total Current Liabilities1.1 BB457.9 M
Slightly volatile
Total Stockholder EquityB3.8 B1.2 B
Slightly volatile
Property Plant And Equipment Net2.1 BB708 M
Slightly volatile
Retained Earnings459.2 M692.4 M609 M
Slightly volatile
Accounts Payable97.8 M104.7 M120.1 M
Slightly volatile
Cash456.1 M434.3 M270.3 M
Slightly volatile
Non Current Assets Total8.1 B7.7 B2.1 B
Slightly volatile
Cash And Short Term Investments456.1 M434.3 M270.3 M
Slightly volatile
Net Receivables586.9 M558.9 M165.7 M
Slightly volatile
Common Stock Shares Outstanding117.7 M168.2 M111.1 M
Slightly volatile
Liabilities And Stockholders Equity9.5 B9.1 B2.7 B
Slightly volatile
Non Current Liabilities Total4.5 B4.3 B1.1 B
Slightly volatile
Inventory131.8 M125.5 M71 M
Slightly volatile
Other Current Assets261 M248.6 M60 M
Slightly volatile
Other Stockholder Equity55.8 M66.3 M51 M
Pretty Stable
Total Liabilities5.5 B5.3 B1.6 B
Slightly volatile
Property Plant And Equipment Gross2.5 B2.4 B772 M
Slightly volatile
Total Current Assets1.4 B1.4 B608.1 M
Slightly volatile
Short Term Debt134.8 M128.4 M40 M
Slightly volatile
Non Currrent Assets Other94.6 M54.8 M151.9 M
Slightly volatile
Intangible Assets2.3 B2.2 B433.5 M
Slightly volatile
Common Stock Total Equity134.8 M230.5 M154.2 M
Slightly volatile
Common Stock3.2 B3.1 B552.4 M
Slightly volatile
Good Will3.6 B3.4 B818.7 M
Slightly volatile
Other Liabilities67.3 M85.1 M57.4 M
Slightly volatile
Other Assets24.7 M26 M120.8 M
Pretty Stable
Long Term Debt2.4 B2.3 B742.7 M
Slightly volatile
Short and Long Term Debt40.1 M21 M75.7 M
Slightly volatile
Property Plant Equipment611.5 M669.4 M577.9 M
Very volatile
Deferred Long Term Liabilities3.3 M3.5 M15.5 M
Slightly volatile
Long Term Debt Total796.1 M681.3 M502.7 M
Slightly volatile
Capital Surpluse54.9 M98.1 M46.1 M
Slightly volatile
Non Current Liabilities Other35.8 M34.1 M18.2 M
Very volatile
Cash And Equivalents341.4 M568.5 M288.6 M
Slightly volatile
Capital Lease Obligations1.2 B1.1 B194.7 M
Slightly volatile
Net Invested Capital6.4 B6.1 B2.3 B
Slightly volatile
Net Working Capital188.7 M355.3 M148.7 M
Slightly volatile
Capital Stock3.2 B3.1 B584.7 M
Slightly volatile

Ritchie Bros Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization485.2 M462.1 M114 M
Slightly volatile
Selling General Administrative551.4 M525.1 M338.3 M
Slightly volatile
Total Revenue2.9 B2.8 B1.1 B
Slightly volatile
Gross Profit1.4 B1.3 B647.3 M
Slightly volatile
Other Operating Expenses2.4 B2.3 B861.2 M
Slightly volatile
Operating Income373 M355.3 M191.9 M
Slightly volatile
EBIT441.9 M420.8 M214 M
Slightly volatile
EBITDA927.1 M882.9 M327.9 M
Slightly volatile
Cost Of Revenue1.5 B1.4 B435.2 M
Slightly volatile
Total Operating Expenses867.4 M826.1 M426 M
Slightly volatile
Income Before Tax128.5 M212.9 M160.5 M
Slightly volatile
Net Income92.9 M155.7 M118.3 M
Slightly volatile
Income Tax Expense34 M57.6 M39.4 M
Slightly volatile
Selling And Marketing Expenses29.9 M35.5 M26 M
Slightly volatile
Net Income From Continuing Ops161.3 M206 M137.2 M
Slightly volatile
Net Income Applicable To Common Shares386 M367.6 M162.3 M
Slightly volatile
Non Recurring57 M54.3 M31.7 M
Slightly volatile
Tax Provision52.7 M76.4 M44.9 M
Slightly volatile
Interest Income33.8 M22 M21.1 M
Slightly volatile
Reconciled Depreciation485.2 M462.1 M121.5 M
Slightly volatile

Ritchie Bros Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow90.1 M149.1 M154 M
Slightly volatile
Begin Period Cash Flow256.4 M471.8 M354.2 M
Slightly volatile
Depreciation365.8 M348.3 M98.4 M
Slightly volatile
Dividends Paid344.8 M328.4 M106.7 M
Slightly volatile
Capital Expenditures274 M261 M74.6 M
Slightly volatile
Total Cash From Operating Activities430.6 M410.1 M233.1 M
Slightly volatile
Net Income94.5 M155.3 M121.1 M
Slightly volatile
End Period Cash Flow283.3 M563.8 M396.5 M
Slightly volatile
Stock Based Compensation58.6 M55.8 M18.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.73.60735.3104
Slightly volatile
Dividend Yield0.02160.02470.0235
Slightly volatile
PTB Ratio2.512.64585.6541
Slightly volatile
Days Sales Outstanding37.2373.553543.7301
Very volatile
Book Value Per Share29.1327.74719.9327
Slightly volatile
Free Cash Flow Yield0.01620.01490.0364
Very volatile
Operating Cash Flow Per Share2.882.73982.0092
Slightly volatile
Stock Based Compensation To Revenue0.01060.01520.0135
Slightly volatile
Capex To Depreciation0.710.74920.9399
Slightly volatile
PB Ratio2.512.64585.6541
Slightly volatile
EV To Sales6.774.74015.5872
Slightly volatile
Free Cash Flow Per Share0.590.99621.3781
Slightly volatile
ROIC0.04030.04240.101
Slightly volatile
Inventory Turnover9.048.60744.2749
Slightly volatile
Net Income Per Share0.621.041.05
Slightly volatile
Days Of Inventory On Hand40.2842.4052181
Slightly volatile
Payables Turnover2.352.23441.3158
Slightly volatile
Sales General And Administrative To Revenue0.190.1950.403
Slightly volatile
Capex To Revenue0.08940.09410.0753
Slightly volatile
Cash Per Share3.052.90192.3522
Slightly volatile
POCF Ratio29.2724.399725.6601
Slightly volatile
Interest Coverage2.092.204412.0338
Slightly volatile
Payout Ratio1.51.59031.8847
Slightly volatile
Capex To Operating Cash Flow0.80.63640.3384
Very volatile
PFCF Ratio70.4667.105346.5638
Slightly volatile
Days Payables Outstanding155163483
Slightly volatile
Income Quality2.772.64081.9071
Pretty Stable
ROE0.03910.04120.1301
Very volatile
EV To Operating Cash Flow29.8232.061926.9998
Pretty Stable
PE Ratio46.2764.278150.6726
Slightly volatile
Return On Tangible Assets0.080.04520.0925
Pretty Stable
EV To Free Cash Flow92.5988.178450.2146
Pretty Stable
Earnings Yield0.02460.01560.0294
Very volatile
Intangibles To Total Assets0.650.62080.3078
Slightly volatile
Current Ratio1.551.3511.3493
Very volatile
Receivables Turnover9.524.96248.7968
Very volatile
Graham Number25.5324.314914.5985
Slightly volatile
Shareholders Equity Per Share26.5325.26579.5815
Slightly volatile
Debt To Equity0.340.61580.5817
Slightly volatile
Capex Per Share1.831.74360.6004
Slightly volatile
Revenue Per Share19.4618.53169.0284
Slightly volatile
Interest Debt Per Share17.4716.63656.5312
Slightly volatile
Debt To Assets0.160.25670.2427
Slightly volatile
Enterprise Value Over EBITDA20.0118.200718.3247
Very volatile
Short Term Coverage Ratios18.5219.498213.217
Pretty Stable
Price Earnings Ratio46.2764.278150.6726
Slightly volatile
Operating Cycle159116230
Slightly volatile
Price Book Value Ratio2.512.64585.6541
Slightly volatile
Days Of Payables Outstanding155163483
Slightly volatile
Dividend Payout Ratio1.51.59031.8847
Slightly volatile
Price To Operating Cash Flows Ratio29.2724.399725.6601
Slightly volatile
Price To Free Cash Flows Ratio70.4667.105346.5638
Slightly volatile
Pretax Profit Margin0.07290.07670.1916
Slightly volatile
Ebt Per Ebit1.030.59920.8952
Pretty Stable
Operating Profit Margin0.120.12810.2165
Slightly volatile
Effective Tax Rate0.330.27050.2738
Slightly volatile
Company Equity Multiplier1.532.39952.1808
Slightly volatile
Long Term Debt To Capitalization0.190.3790.3117
Slightly volatile
Total Debt To Capitalization0.210.38110.3289
Slightly volatile
Return On Capital Employed0.04190.04410.1495
Slightly volatile
Debt Equity Ratio0.340.61580.5817
Slightly volatile
Ebit Per Revenue0.120.12810.2165
Slightly volatile
Quick Ratio1.411.2271.1783
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.060.80641.5405
Slightly volatile
Net Income Per E B T0.560.73120.7051
Pretty Stable
Cash Ratio0.310.32350.6359
Slightly volatile
Operating Cash Flow Sales Ratio0.140.14780.2498
Slightly volatile
Days Of Inventory Outstanding40.2842.4052181
Slightly volatile
Days Of Sales Outstanding37.2373.553543.7301
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.220.36360.6629
Very volatile
Cash Flow Coverage Ratios0.170.17610.6339
Slightly volatile
Price To Book Ratio2.512.64585.6541
Slightly volatile
Fixed Asset Turnover1.051.37481.7059
Slightly volatile
Capital Expenditure Coverage Ratio2.321.57134.2083
Slightly volatile
Price Cash Flow Ratio29.2724.399725.6601
Slightly volatile
Enterprise Value Multiple20.0118.200718.3247
Very volatile
Debt Ratio0.160.25670.2427
Slightly volatile
Cash Flow To Debt Ratio0.170.17610.6339
Slightly volatile
Price Sales Ratio6.73.60735.3104
Slightly volatile
Return On Assets0.01630.01720.0626
Slightly volatile
Asset Turnover0.510.30570.4775
Pretty Stable
Net Profit Margin0.05330.05610.1382
Slightly volatile
Gross Profit Margin0.870.61050.7452
Slightly volatile
Price Fair Value2.512.64585.6541
Slightly volatile
Return On Equity0.03910.04120.1301
Very volatile

Ritchie Bros Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap13.9 B13.3 B5.1 B
Slightly volatile
Enterprise Value18.3 B17.4 B5.9 B
Slightly volatile

Ritchie Fundamental Market Drivers

Forward Price Earnings25.641
Cash And Short Term Investments434.3 M

About Ritchie Bros Financial Statements

Ritchie Bros investors utilize fundamental indicators, such as revenue or net income, to predict how Ritchie Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue13.2 M12.5 M
Total Revenue2.8 B2.9 B
Cost Of Revenue1.4 B1.5 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.20  0.19 
Capex To Revenue 0.09  0.09 
Revenue Per Share 18.53  19.46 
Ebit Per Revenue 0.13  0.12 

Pair Trading with Ritchie Bros

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ritchie Bros position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ritchie Bros will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ritchie Stock

  0.75FFH Fairfax FinancialPairCorr
  0.73FFH-PM Fairfax FinancialPairCorr
The ability to find closely correlated positions to Ritchie Bros could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ritchie Bros when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ritchie Bros - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ritchie Bros Auctioneers to buy it.
The correlation of Ritchie Bros is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ritchie Bros moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ritchie Bros Auctioneers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ritchie Bros can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Ritchie Stock

Ritchie Bros financial ratios help investors to determine whether Ritchie Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ritchie with respect to the benefits of owning Ritchie Bros security.