NYSE$RBA
RB Global INC · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
RB Global reported strong revenue growth in Q4 2024, driven by increased service revenue and inventory sales.
RB Global saw a 10% YoY increase in total revenue, reaching $1,141,600,000 in Q4 2024. Net income rose 41% to $118,400,000, with adjusted EPS growing 16% to $0.95. Service revenue grew 8%, while inventory sales revenue increased 15%, highlighting strong sector performance.
- Total revenue increased by 10% YoY, reaching $1,141,600,000.
- Net income grew 41% YoY to $118,400,000.
- Adjusted EPS rose 16% YoY to $0.95.
- Service revenue take rate expanded by 110bps to 21.3%, driven by pricing adjustments.
Headline financials
Revenue & EPS history
RB Global · Revenue · Quarterly
$1.14B
Revenue by segment
RB Global · $1.11B total across 2 segments · Q2 2023
- Service revenue$806M—72.9%
- Inventory sales revenue$300M—27.1%
Forward guidance
RB Global expects moderate GTV growth between 0% and 3% in 2025, with continued margin expansion and revenue growth driven by operational efficiencies.
Tailwinds
- GTV expected to grow up to 3% in 2025.
- Adjusted EBITDA projected between $1.32B and $1.38B.
- Ongoing cost efficiencies expected to support margin expansion.
- Strong demand in key sectors like automotive and transportation.
- Further strategic investments in digital marketplace growth.
Headwinds
- Flat to modest GTV growth forecasted (0% - 3%).
- Higher income tax expenses expected to impact net income.
- Operating expenses projected to rise due to strategic investments.
- Continued integration costs from recent acquisitions.
- Market volatility may impact transactional volumes.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.8%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+1.6%
Avg return
30 days after
52%
33 / 64 earnings
Positive
+15.5%
Q2 2020
Best reaction
-19.1%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | -1.7% | +0.3% | |
| Q4 2025 | +3.3% | -5.5% | -8.7% | |
| Q3 2025 | +4.3% | +6.0% | +3.6% | |
| Q1 2025 | +2.4% | +2.4% | +2.8% | |
| Q4 2024 | +8.5% | +6.5% | +2.5% | |
| Q3 2024 | +4.9% | +2.0% | +8.4% | |
| Q2 2024 | +7.7% | +10.0% | +16.7% | |
| Q1 2024 | +6.2% | +5.9% | +1.0% | |
| Q4 2023 | +12.8% | +11.4% | +12.5% | |
| Q3 2023 | -9.4% | -9.4% | -5.3% | |
| Q2 2023 | -4.2% | -9.9% | -3.9% | |
| Q1 2023 | -5.6% | -7.7% | -4.3% | |
| Q4 2022 | -2.3% | -3.3% | -13.4% | |
| Q3 2022 | -19.1% | -12.0% | -11.0% | |
| Q2 2022 | -5.8% | -2.7% | -2.2% | |
| Q1 2022 | +9.1% | +18.2% | +15.3% | |
| Q4 2021 | -11.6% | -10.7% | +3.8% | |
| Q3 2021 | +9.5% | +3.9% | +0.8% | |
| Q2 2021 | -0.2% | +1.7% | +7.7% | |
| Q1 2021 | -2.5% | -5.8% | -14.1% | |
| Q4 2020 | -7.4% | -7.7% | -1.1% | |
| Q3 2020 | +12.2% | +0.5% | +3.3% | |
| Q2 2020 | +15.5% | +19.1% | +18.5% | |
| Q1 2020 | +5.6% | -0.3% | +3.6% | |
| Q4 2019 | -4.2% | -3.0% | -20.7% | |
| Q3 2019 | -0.5% | +1.0% | +4.7% | |
| Q2 2019 | +6.1% | +9.1% | +11.2% | |
| Q1 2019 | -3.0% | -3.9% | -0.9% | |
| Q4 2018 | -1.2% | -7.3% | -9.0% | |
| Q3 2018 | +6.0% | +5.4% | -0.2% | |
| Q2 2018 | +9.0% | +9.2% | +7.9% | |
| Q1 2018 | -1.8% | -2.5% | +5.0% | |
| Q4 2017 | +1.7% | +0.5% | -3.3% | |
| Q3 2017 | -9.9% | -11.1% | +1.7% | |
| Q2 2017 | +2.2% | -0.7% | +8.8% | |
| Q1 2017 | -4.7% | -3.4% | -2.6% | |
| Q4 2016 | +9.9% | +9.8% | +3.8% | |
| Q3 2016 | +7.2% | +7.5% | +13.3% | |
| Q2 2016 | -10.5% | -14.5% | +7.1% | |
| Q1 2016 | +5.6% | — | — | |
| Q4 2015 | +2.6% | — | — | |
| Q3 2015 | +5.0% | — | — | |
| Q2 2015 | +5.1% | — | — | |
| Q1 2015 | +7.3% | — | — | |
| Q4 2014 | -3.2% | — | — | |
| Q3 2014 | -0.4% | — | — | |
| Q2 2014 | -0.8% | — | — | |
| Q1 2014 | -5.7% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | -5.0% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q1 2013 | -1.5% | — | — | |
| Q4 2012 | +1.7% | — | — | |
| Q3 2012 | +0.8% | — | — | |
| Q2 2012 | +2.6% | — | — | |
| Q1 2012 | -0.6% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | -5.4% | — | — | |
| Q2 2011 | +3.1% | — | — | |
| Q1 2011 | +1.8% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q3 2010 | +5.7% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q1 2010 | +1.2% | — | — |
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