Ritchie Bros Auctioneers

TO:RBA Canada Specialty Business Services
Market Cap
$17.72 Billion
CA$25.45 Billion CAD
Market Cap Rank
#1119 Global
#3 in Canada
Share Price
CA$136.92
Change (1 day)
+1.00%
52-Week Range
CA$127.76 - CA$164.14
All Time High
CA$164.14
About

RB Global, Inc. operates a marketplace that provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. The company's marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles; IAA, a digital marketplace that connects vehicle buyers and sellers; Rouse, which provides asset management, data-driven intell… Read more

Ritchie Bros Auctioneers (RBA) - Net Assets

Latest net assets as of December 2025: CA$6.06 Billion CAD

Based on the latest financial reports, Ritchie Bros Auctioneers (RBA) has net assets worth CA$6.06 Billion CAD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$12.12 Billion) and total liabilities (CA$6.06 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$6.06 Billion
% of Total Assets 49.97%
Annual Growth Rate 21.54%
5-Year Change 465.48%
10-Year Change 775.45%
Growth Volatility 79.48

Ritchie Bros Auctioneers - Net Assets Trend (1997–2025)

This chart illustrates how Ritchie Bros Auctioneers's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Ritchie Bros Auctioneers (1997–2025)

The table below shows the annual net assets of Ritchie Bros Auctioneers from 1997 to 2025.

Year Net Assets Change
2025-12-31 CA$6.06 Billion +5.95%
2024-12-31 CA$5.72 Billion +3.76%
2023-12-31 CA$5.51 Billion +327.06%
2022-12-31 CA$1.29 Billion +20.45%
2021-12-31 CA$1.07 Billion +5.79%
2020-12-31 CA$1.01 Billion +11.62%
2019-12-31 CA$906.99 Million +8.53%
2018-12-31 CA$835.71 Million +12.21%
2017-12-31 CA$744.75 Million +7.65%
2016-12-31 CA$691.83 Million -5.51%
2015-12-31 CA$732.14 Million +3.23%
2014-12-31 CA$709.22 Million +2.11%
2013-12-31 CA$694.55 Million +5.79%
2012-12-31 CA$656.53 Million +6.25%
2011-12-31 CA$617.91 Million +6.88%
2010-12-31 CA$578.13 Million +6.19%
2009-12-31 CA$544.41 Million +42.10%
2008-12-31 CA$383.11 Million -12.03%
2007-12-31 CA$435.50 Million +37.63%
2006-12-31 CA$316.44 Million +13.17%
2005-12-31 CA$279.62 Million -3.33%
2004-12-31 CA$289.26 Million +14.43%
2003-12-31 CA$252.78 Million +26.79%
2002-12-31 CA$199.37 Million +20.15%
2001-12-31 CA$165.93 Million +11.54%
2000-12-31 CA$148.76 Million +10.69%
1999-12-31 CA$134.40 Million +28.98%
1998-12-31 CA$104.20 Million +305.45%
1997-12-31 CA$25.70 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ritchie Bros Auctioneers's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 7266.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CA$1.25 Billion 20.73%
Common Stock CA$4.36 Billion 72.11%
Other Comprehensive Income CA$-48.21 Million -0.80%
Other Components CA$481.12 Million 7.96%
Total Equity CA$6.04 Billion 100.00%

Ritchie Bros Auctioneers Competitors by Market Cap

The table below lists competitors of Ritchie Bros Auctioneers ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ritchie Bros Auctioneers's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,706,000,000 to 6,042,383,720, a change of 336,383,720 (5.9%).
  • Net income of 435,899,370 contributed positively to equity growth.
  • Dividend payments of 262,618,177 reduced retained earnings.
  • Share repurchases of 50,500,000 reduced equity.
  • Other comprehensive income increased equity by 76,587,900.
  • Other factors increased equity by 137,014,627.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$435.90 Million +7.21%
Dividends Paid CA$262.62 Million -4.35%
Share Repurchases CA$50.50 Million -0.84%
Other Comprehensive Income CA$76.59 Million +1.27%
Other Changes CA$137.01 Million +2.27%
Total Change CA$- 5.90%

Book Value vs Market Value Analysis

This analysis compares Ritchie Bros Auctioneers's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 4.24x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 404.18x to 4.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CA$0.34 CA$136.92 x
1998-12-31 CA$1.08 CA$136.92 x
1999-12-31 CA$1.32 CA$136.92 x
2000-12-31 CA$1.46 CA$136.92 x
2001-12-31 CA$1.64 CA$136.92 x
2002-12-31 CA$1.97 CA$136.92 x
2003-12-31 CA$2.49 CA$136.92 x
2004-12-31 CA$2.82 CA$136.92 x
2005-12-31 CA$2.68 CA$136.92 x
2006-12-31 CA$3.05 CA$136.92 x
2007-12-31 CA$4.09 CA$136.92 x
2008-12-31 CA$3.62 CA$136.92 x
2009-12-31 CA$5.13 CA$136.92 x
2010-12-31 CA$5.45 CA$136.92 x
2011-12-31 CA$5.78 CA$136.92 x
2012-12-31 CA$6.14 CA$136.92 x
2013-12-31 CA$6.48 CA$136.92 x
2014-12-31 CA$6.43 CA$136.92 x
2015-12-31 CA$6.55 CA$136.92 x
2016-12-31 CA$6.39 CA$136.92 x
2017-12-31 CA$6.84 CA$136.92 x
2018-12-31 CA$7.59 CA$136.92 x
2019-12-31 CA$8.22 CA$136.92 x
2020-12-31 CA$9.13 CA$136.92 x
2021-12-31 CA$9.61 CA$136.92 x
2022-12-31 CA$11.53 CA$136.92 x
2023-12-31 CA$32.69 CA$136.92 x
2024-12-31 CA$30.80 CA$136.92 x
2025-12-31 CA$32.33 CA$136.92 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ritchie Bros Auctioneers utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 7.21%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.33%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 2.01x
  • Recent ROE (7.21%) is below the historical average (14.25%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 9.34% 4.00% 0.85x 2.74x CA$-170.00K
1998 23.80% 26.13% 0.62x 1.46x CA$14.38 Million
1999 16.59% 21.32% 0.48x 1.61x CA$8.86 Million
2000 11.57% 16.21% 0.40x 1.80x CA$2.33 Million
2001 12.09% 17.14% 0.42x 1.66x CA$3.46 Million
2002 14.23% 21.24% 0.41x 1.65x CA$8.43 Million
2003 14.48% 22.65% 0.39x 1.63x CA$11.32 Million
2004 12.06% 19.15% 0.41x 1.53x CA$5.97 Million
2005 16.48% 25.20% 0.42x 1.54x CA$18.11 Million
2006 15.52% 21.92% 0.47x 1.50x CA$17.47 Million
2007 17.46% 24.10% 0.47x 1.55x CA$32.47 Million
2008 21.80% 28.58% 0.51x 1.48x CA$45.20 Million
2009 17.17% 24.77% 0.44x 1.58x CA$39.01 Million
2010 11.40% 18.44% 0.41x 1.51x CA$8.10 Million
2011 12.40% 19.35% 0.41x 1.57x CA$14.84 Million
2012 12.11% 18.16% 0.39x 1.72x CA$13.87 Million
2013 13.49% 20.03% 0.40x 1.67x CA$24.24 Million
2014 13.15% 18.91% 0.43x 1.62x CA$21.79 Million
2015 19.37% 26.40% 0.46x 1.59x CA$65.90 Million
2016 13.37% 8.15% 0.70x 2.33x CA$23.13 Million
2017 10.14% 7.73% 0.48x 2.73x CA$1.06 Million
2018 14.62% 10.38% 0.57x 2.47x CA$38.41 Million
2019 16.53% 11.30% 0.59x 2.47x CA$58.86 Million
2020 16.89% 12.35% 0.59x 2.33x CA$69.37 Million
2021 14.19% 10.72% 0.39x 3.36x CA$44.83 Million
2022 24.79% 18.44% 0.61x 2.22x CA$190.74 Million
2023 3.76% 5.61% 0.31x 2.19x CA$-343.37 Million
2024 7.24% 9.64% 0.36x 2.07x CA$-157.50 Million
2025 7.21% 9.33% 0.39x 2.01x CA$-168.34 Million

Industry Comparison

This section compares Ritchie Bros Auctioneers's net assets metrics with peer companies in the Specialty Business Services industry.

Industry Context

  • Industry: Specialty Business Services
  • Average net assets among peers: $59,074,672
  • Average return on equity (ROE) among peers: -3.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ritchie Bros Auctioneers (RBA) CA$6.06 Billion 9.34% 1.00x $17.27 Billion
Calian Technologies Ltd (CGY) $99.71 Million 16.12% 0.52x $606.23 Million
GDI Integrated (GDI) $13.72 Million -39.17% 0.04x $357.25 Million
K-Bro Linen Inc. (KBL) $63.79 Million 12.23% 0.30x $305.68 Million