Est. 1958, Ritchie Bros. (NYSE & TSX: RBA) is the world's largest industrial auctioneer. We sold US$4.2 billion of equipment and trucks in 2014. We have 40+ auction sites worldwide and conduct hundreds of unreserved public auctions each year, with on-site and online bidding. Anyone can buy or sell equipment at a Ritchie Bros. auction. Ritchie Bros. Auctioneers began as a family business in Kelowna, Canada. Three brothers -- Dave, Ken & John -- conducted their first auction in 1958, selling $2,000 in inventory from their furniture store to pay a bank debt. Spurred by success, the brothers conducted more auctions, eventually progressing beyond furniture and into industrial equipment. Flash forward 50 years, and we are now the world’s largest industrial auctioneer. Headquartered in Vancouver, Canada, and with head offices in Lincoln, NE and Breda, the Netherlands, we have over 110 locations in North America, Europe, the Middle East, Asia and Australia. We’re publicly traded on the TSX and NYSE. We sell, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets used in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. We sell more equipment to on-site and online bidders than any other company in the world. As a stable, secure, global company that's built on integrity, fairness and plain old hard work, Ritchie Bros. offers rewarding careers in operations, sales, finance, accounting, IT, marketing, HR, customer service, and other roles. We offer great benefits, ongoing training, growth opportunities, a culture built on teamwork, integrity and fun – and the chance to be part of something big.

Show more
Type
Public
HQ
Burnaby, CA
Founded
1958
Size (employees)
1,700 (est)
Ritchie Bros. Auctioneers was founded in 1958 and is headquartered in Burnaby, CA
Report incorrect company information

Ritchie Bros. Auctioneers Office Locations

Ritchie Bros. Auctioneers has an office in Burnaby
Burnaby, CA (HQ)
9500 Glenlyon Pkwy
Show all (1)
Report incorrect company information

Ritchie Bros. Auctioneers Financials and Metrics

Ritchie Bros. Auctioneers Financials

Ritchie Bros. Auctioneers's revenue was reported to be $566.40 m in FY, 2016 which is a 9.8% increase from the previous period.
USD

Revenue (Q1, 2018)

260.2 m

Net income (Q1, 2018)

17.2 m

EBIT (Q1, 2018)

32.9 m

Market capitalization (22-Jun-2018)

3.8 b

Closing share price (22-Jun-2018)

35.4

Cash (31-Mar-2018)

278.9 m

EV

4.3 b
Ritchie Bros. Auctioneers's current market capitalization is $3.8 b.
Annual
USDFY, 2015FY, 2016

Revenue

515.9 m566.4 m

Revenue growth, %

10%

General and administrative expense

255 m283.5 m

Operating expense total

255 m283.5 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Revenue

260.2 m

General and administrative expense

97.5 m

Operating expense total

227.3 m

Depreciation and amortization

16.2 m
Annual
USDFY, 2015FY, 2016

Cash

210.1 m207.9 m

Inventories

28.5 m

Current Assets

430.1 m378 m

Goodwill

91.2 m97.5 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Cash

294.1 m166.5 m231 m236.9 m278.9 m

Inventories

29.5 m74.2 m42.4 m20.9 m34.4 m

Current Assets

597.2 m592.3 m572 m546 m606.3 m

Goodwill

111.6 m111.6 m92.3 m98.1 m674.1 m
Annual
USDFY, 2015FY, 2016

Net Income

138.6 m93.5 m

Cash From Operating Activities

196.4 m177.6 m

Purchases of PP&E

(28.1 m)

Cash From Investing Activities

(29.3 m)(116.9 m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

30 m40.6 m(5 m)10.4 m17.2 m

Inventories

29.5 m74.2 m42.4 m20.9 m

Cash From Operating Activities

67.2 m

Cash From Investing Activities

(13.2 m)
USDY, 2018

EV/EBIT

131.1 x

EV/CFO

64.1 x

Financial Leverage

2.8 x
Show all financial metrics

Ritchie Bros. Auctioneers Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Auction Locations

44 44 45 45 45

Countries

15 15 15 15 15 15 20

Gross Auction Proceeds

$4.21 b$955.56 m$1.26 b$894.51 m$4.25 b$1.02 b$1.28 b$998.86 m$4.33 b$899.41 m$1.26 b

Unit Sales

430 k
Show all operating metrics

Ritchie Bros. Auctioneers Revenue Breakdown

Embed Graph

Ritchie Bros. Auctioneers revenue breakdown by business segment: 95.8% from Core Auction and 4.2% from Other

Report incorrect company information

Ritchie Bros. Auctioneers Online and Social Media Presence

Embed Graph
Report incorrect company information