Ritchie Bros Auctioneers Inc logo

RBA

Ritchie Bros Auctioneers Inc

$70

Earnings Summary

Revenue
$393.92Mn
Net Profits
$178.09Mn
Net Profit Margins
45.21%
PE Ratio
26.91

Highlights

Revenue:

Ritchie Bros Auctioneers Inc’s revenue jumped 18.81% since last year same period to $393.92Mn in the Q1 2022. On a quarterly growth basis, Ritchie Bros Auctioneers Inc has generated 9.61% jump in its revenue since last 3-months.

Net Profits:

Ritchie Bros Auctioneers Inc’s net profit jumped 531.81% since last year same period to $178.09Mn in the Q1 2022. On a quarterly growth basis, Ritchie Bros Auctioneers Inc has generated 482.1% jump in its net profits since last 3-months.

Net Profit Margins:

Ritchie Bros Auctioneers Inc’s net profit margin jumped 431.78% since last year same period to 45.21% in the Q1 2022. On a quarterly growth basis, Ritchie Bros Auctioneers Inc has generated 431.05% jump in its net profit margins since last 3-months.

PE Ratio:

Ritchie Bros Auctioneers Inc’s price-to-earnings ratio after this Q1 2022 earnings stands at 26.91.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ritchie Bros Auctioneers Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.78
EPS Estimate Current Year
0.78

Highlights

EPS Estimate Current Quarter:

Ritchie Bros Auctioneers Inc’s earning per share (EPS) estimates for the current quarter stand at 0.78 - a 271.43% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ritchie Bros Auctioneers Inc’s earning per share (EPS) estimates for the current year stand at 0.78.

Key Ratios

Key ratios of the Ritchie Bros Auctioneers Inc post its Q1 2022 earnings

Earning Per Share (EPS)
1.6
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.26
Dividend Per Share (DPS)
1.02

Highlights

Earning Per Share (EPS):

Ritchie Bros Auctioneers Inc’s earning per share (EPS) jumped 540% since last year same period to 1.6 in the Q1 2022. This indicates that the Ritchie Bros Auctioneers Inc has generated 540% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ritchie Bros Auctioneers Inc’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ritchie Bros Auctioneers Inc’s return on equity (ROE) stands at 0.26.

Dividend Per Share (DPS):

Ritchie Bros Auctioneers Inc declared 1.02 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
0.21
1.6
661.9%

Company Information

Established in 1958, Ritchie Bros. is a global asset management and disposition company, oQering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer o ers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing the exclusive IronClad Assurance® equipment condition certi cation; Marketplace-E, a controlled marketplace o ering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty o ering privately negotiated sales. The company's suite of multichannel sales solutions also includes Ritchie Bros. Asset Solutions, a complete end-to-end asset management and disposition system. Ritchie Bros. also o ers sector-speciGc solutions including GovPlanet, TruckPlanet, and Kruse Energy, plus equipment Snancing and leasing through Ritchie Bros. Financial Services.

Organisation
Ritchie Bros Auctioneers Inc
Headquarters
9500 Glenlyon Parkway, Burnaby, BC, Canada, V5J 0C6
Employees
3850
Industry
All Other Business Support Services
CEO
Ann Fandozzi