RBA FY 2024 Earnings Report — RB Global, Inc. Revenue & Financial Results | Market Cap Arena

RB Global, Inc.RBA

FY 2024 Earnings

Reported February 26, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$4.3B	—	$3.7B	—	16.4%
Op. Income	$761M	—	$471M	—	61.5%
Gross Margin	46.8%	—	48.3%	—	-1.5pp
Net Margin	9.6%	—	5.6%	—	4.0pp
EPS (Diluted)	$2.01	—	$1.04	—	93.3%
Free Cash Flow	$655M	—	$198M	—	231.2%

Revenue Flow

Item	Amount
REVENUE	$4.3B
Cost of Revenue	$2.3B
GROSS PROFIT	$2.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$774M
Other Expenses	$470M
Operating Expenses	$1.2B
Cost & Expenses	$3.5B
OPERATING INCOME	$761M
Interest Income	$26M
Interest Expense	$234M
Other Income/Expenses	-$211M
INCOME BEFORE TAX	$550M
Income Tax Expense	$137M
Net Income from Continuing Ops	$413M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$413M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$373M
D&A	$599M
EBIT	$784M
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$4.3B
Cost of Revenue	$2.3B
GROSS PROFIT	$2.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$774M
Other Expenses	$470M
Operating Expenses	$1.2B
Cost & Expenses	$3.5B
OPERATING INCOME	$761M
Interest Income	$26M
Interest Expense	$234M
Other Income/Expenses	-$211M
INCOME BEFORE TAX	$550M
Income Tax Expense	$137M
Net Income from Continuing Ops	$413M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$413M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$373M
D&A	$599M
EBIT	$784M
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$413M
Depreciation & Amortization	$599M
Stock-Based Compensation	$62M
Deferred Income Tax	-$69M
Other Non-Cash Items	$27M
Change in Working Capital	-$100M
OPERATING CASH FLOW	$932M
Capital Expenditure	-$277M
Acquisitions (Net)	-$9M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$126M
NET CASH FROM INVESTING	-$302M
Net Debt Issuance	-$464M
Common Stock Repurchased	$0
Common Dividends Paid	-$206M
Other Financing Activities	-$13M
NET CASH FROM FINANCING	-$646M
FREE CASH FLOW	$655M
Net Change in Cash	-$39M

Balance Sheet

Item	Amount
Cash & Equivalents	$534M
Short-Term Investments	$0
Net Receivables	$740M
Inventory	$139M
Other Current Assets	$182M
TOTAL CURRENT ASSETS	$1.7B
PP&E (Net)	$2.8B
Goodwill	$4.5B
Intangible Assets	$2.7B
Long-Term Investments	$12M
Tax Assets	$0
Other Non-Current Assets	$95M
TOTAL NON-CURRENT ASSETS	$10.1B
TOTAL ASSETS	$11.8B
Account Payables	$518M
Short-Term Debt	$320M
Deferred Revenue	$0
Other Current Liabilities	$65M
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$2.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$609M
Other Non-Current Liabilities	$35M
TOTAL NON-CURRENT LIABILITIES	$4.8B
TOTAL LIABILITIES	$6.1B
Common Stock	$4.2B
Additional Paid-In Capital	$95M
Retained Earnings	$1.1B
Treasury Stock	$0
Accum. Other Comp. Income	-$125M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.7B
Minority Interest	$10M
TOTAL EQUITY	$5.7B
TOTAL LIABILITIES & EQUITY	$11.8B
Total Debt	$4.6B
Net Debt	$4.0B