RBA FY 2020 Earnings Report — RB Global, Inc. Revenue & Financial Results | Market Cap Arena

RB Global, Inc.RBA

FY 2020 Earnings

Reported February 18, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.3B	—	4.4%
Op. Income	$263M	—	$223M	—	17.9%
Gross Margin	55.3%	—	51.0%	—	4.3pp
Net Margin	12.4%	—	11.3%	—	1.0pp
EPS (Diluted)	$1.54	—	$1.36	—	13.2%
Free Cash Flow	$215M	—	$292M	—	-26.4%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$616M
GROSS PROFIT	$762M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$418M
SG&A Expenses	$418M
Other Expenses	$81M
Operating Expenses	$499M
Cost & Expenses	$1.1B
OPERATING INCOME	$263M
Interest Income	$0
Interest Expense	$36M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$236M
Income Tax Expense	$66M
Net Income from Continuing Ops	$170M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$170M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$170M
D&A	$87M
EBIT	$271M
EBITDA	$359M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$616M
GROSS PROFIT	$762M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$418M
SG&A Expenses	$418M
Other Expenses	$81M
Operating Expenses	$499M
Cost & Expenses	$1.1B
OPERATING INCOME	$263M
Interest Income	$0
Interest Expense	$36M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$236M
Income Tax Expense	$66M
Net Income from Continuing Ops	$170M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$170M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$170M
D&A	$87M
EBIT	$271M
EBITDA	$359M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$170M
Depreciation & Amortization	$87M
Stock-Based Compensation	$17M
Deferred Income Tax	$9M
Other Non-Cash Items	$4M
Change in Working Capital	-$29M
OPERATING CASH FLOW	$258M
Capital Expenditure	-$43M
Acquisitions (Net)	-$248M
Purchases of Investments	$0
Sales/Maturities of Investments	$2M
Other Investing Activities	-$16M
NET CASH FROM INVESTING	-$277M
Net Debt Issuance	-$2M
Common Stock Repurchased	-$56M
Common Dividends Paid	-$92M
Other Financing Activities	-$9M
NET CASH FROM FINANCING	-$111M
FREE CASH FLOW	$215M
Net Change in Cash	-$113M

Balance Sheet

Item	Amount
Cash & Equivalents	$279M
Short-Term Investments	$0
Net Receivables	$136M
Inventory	$86M
Other Current Assets	$28M
TOTAL CURRENT ASSETS	$557M
PP&E (Net)	$609M
Goodwill	$841M
Intangible Assets	$301M
Long-Term Investments	$0
Tax Assets	$13M
Other Non-Current Assets	$31M
TOTAL NON-CURRENT ASSETS	$1.8B
TOTAL ASSETS	$2.4B
Account Payables	$76M
Short-Term Debt	$40M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$515M
Long-Term Debt	$626M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$45M
Other Non-Current Liabilities	$23M
TOTAL NON-CURRENT LIABILITIES	$825M
TOTAL LIABILITIES	$1.3B
Common Stock	$200M
Additional Paid-In Capital	$49M
Retained Earnings	$792M
Treasury Stock	$0
Accum. Other Comp. Income	-$34M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$5M
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$796M
Net Debt	$517M