Craft

Ritchie Bros. Auctioneers

Stock Price

$62.9

2023-11-24

Market Capitalization

$11.5 B

2023-11-24

Revenue

$1.7 B

FY, 2022

Ritchie Bros. Auctioneers Summary

Company Summary

Overview
Ritchie Bros. Auctioneers is an asset management and disposition company providing solutions for buying and selling used heavy equipment, trucks, and other assets. It offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its IronClad Assurance equipment condition certification; MarketplaceE, an online marketplace offering multiple prices and timing options; Mascus, an online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company operates in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry.
Type
Public
Status
Active
Founded
1958
HQ
Burnaby, CA | view all locations
Website
https://www.ritchiebros.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Ann Fandozzi

    Ann Fandozzi, Chief Executive Officer

  • Sharon Driscoll

    Sharon Driscoll, Executive Vice President and Advisor to the CEO

  • Jim Kessler

    Jim Kessler, Chief Operating Officer

  • Eric Jacobs

    Eric Jacobs, Chief Financial Officer

Operating MetricsView all

Countries

12

FY, 2021

Gross Transactional Volume (GTV)

$5.5B
2.3%

FY, 2021

Gross Transaction Value (Services)

$5B
2.6%

FY, 2021

LocationsView all

6 locations detected

  • Burnaby, BC HQ

    Canada

    9500 Glenlyon Pkwy

  • Lincoln, NE

    United States

    4000 Pine Lake Rd

  • Stapylton, QLD

    Australia

    157 Burnside Rd

  • Polotitlán, Méx.

    Mexico

    Station No. 6, Col. Centro

  • Breda, NB

    Netherlands

    Bijster 3

  • Dubai, Dubai

    United Arab Emirates

    Po Box 16897

Ritchie Bros. Auctioneers Financials

Summary Financials

Revenue (Q2, 2023)
$1.1B
Gross profit (Q2, 2023)
$524.9M
Net income (Q2, 2023)
$86.8M
Cash (Q2, 2023)
$432.9M
EBIT (Q2, 2023)
$177.1M
Enterprise value
$14.2B

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