OverviewSuggest Edit

Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby’s presents auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby’s BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby’s offers collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Contemporary Art department, and two retail businesses, Sotheby’s Diamonds and Sotheby’s Wine. Sotheby’s has a global network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).
TypePublic
Founded1744
HQNew York, NY, US
Websitesothebys.com
Employee Ratings3.7
Overall CultureB

Latest Updates

Employees (est.) (Dec 2018)1,713(+4%)
Job Openings8
Revenue (FY, 2018)$1 B(+5%)
Share Price (Oct 2019)$57
Cybersecurity ratingBMore

Sotheby's Office Locations

Sotheby's has offices in New York, Montastruc-de-Salies, Hong Kong, Milano and in 2 other locations
New York, NY, US (HQ)
1334 York Ave
Montastruc-de-Salies, FR
8 Paris
Hong Kong, HK
One Pacific Place 88 Queensway
Milano, IT
16 Via Gabrio Serbelloni
Genève, CH
13 Quai du Mont-Blanc
Zürich, CH
83 Talstrasse
Show all (6)

Sotheby's Financials and Metrics

Sotheby's Revenue

Sotheby's's revenue was reported to be $1.04 b in FY, 2018
USD

Revenue (Q3, 2019)

92.9m

Net income (Q3, 2019)

(53.4m)

EBIT (Q3, 2019)

(63.9m)

Market capitalization (3-Oct-2019)

2.7b

Closing stock price (3-Oct-2019)

57.0

Cash (30-Sept-2019)

81.7m

EV

3.7b
Sotheby's's current market capitalization is $2.7 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

774.3m831.8m768.5m853.7m938.1m961.5m805.4m989.4m1.0b

Revenue growth, %

10%2%(16%)

Cost of goods sold

60.9m69.5m65.7m84.6m86.5m91.9m73.3m82.1m

Gross profit

713.4m762.3m702.8m769.1m851.5m869.6m732.1m907.2m
USDQ2, 2010

Financial Leverage

3.2 x
Show all financial metrics

Sotheby's Acquisitions / Subsidiaries

Company NameDateDeal Size
Thread GeniusJanuary 26, 2018

Sotheby's Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Sotheby's Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Sotheby's Online and Social Media Presence

Embed Graph

Sotheby's Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    A+

    84/100

  • Compensation

    C+

    68/100

  • Diversity

    A+

    95/100

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Sotheby's News and Updates

Peerage Realty Partners Acquires a Substantial Partnership Interest in Four Seasons Sotheby's International Realty

Four Seasons Sotheby's International Realty is a leading premium real estate brokerage in Vermont and New Hampshire. This is the third Sotheby's International Realty franchise for Peerage Realty Partners, joining Sotheby's International Realty Canada and Jameson Sotheby's International...

Sotheby's International Realty Continues to Expand in Caribbean as Region Experiences Increased Interest and Growth

NEW YORK, July 21, 2021 /PRNewswire/ -- Sotheby's International Realty today announced its expanding presence in the Caribbean with the opening of St. Kitts & Nevis Sotheby's International Realty. The addition signifies the brand's continued growth in the region, bringing its total number...

Luxury auction house Sotheby's is accepting cryptocurrencies as payment for a $15 million diamond

Summary List PlacementSotheby's, one of the biggest luxury auction houses in the world, has said it will accept bitcoin and ether in payment for a rare 101-carat diamond with an estimated value of $10 million to $15 million when it is auctioned next month.  The pear-shaped diamond, named "The Key …

Premier Sotheby's International Realty Associates Ranked on 2021 REAL Trends 'The Thousand' and America's Best Real Estate Professionals Lists

Karen Van Arsdale and Michelle Thomas ranked among the top 1,000 REALTORS® in the United States, at No. 29 and No. 44, respectively.
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Sotheby's Frequently Asked Questions

  • When was Sotheby's founded?

    Sotheby's was founded in 1744.

  • How many employees does Sotheby's have?

    Sotheby's has 1,713 employees.

  • What is Sotheby's revenue?

    Latest Sotheby's annual revenue is $1 b.

  • What is Sotheby's revenue per employee?

    Latest Sotheby's revenue per employee is $604.6 k.

  • Who are Sotheby's competitors?

    Competitors of Sotheby's include 1stdibs, Lincoln Center For The Performing Arts and Gagosian.

  • Where is Sotheby's headquarters?

    Sotheby's headquarters is located at 1334 York Ave, New York.

  • Where are Sotheby's offices?

    Sotheby's has offices in New York, Montastruc-de-Salies, Hong Kong, Milano and in 2 other locations.

  • How many offices does Sotheby's have?

    Sotheby's has 6 offices.