Filing Flows › RB Global (RBA) › Q4 2024
RB Global (RBA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 26, 2025
RB Global (RBA) reported revenue of $1.1B for the fourth quarter 2024 (Q4 2024), +10% from a year earlier and +16% from the quarter before. Operating margin was 18.1%, net earnings $118M (10.4% of revenue).
RB Global, Q4 2024: revenue $1.1B (+10% year over year), operating margin 18.1%, net earnings $118M, operating cash flow $184M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +16% | +10% |
| Operating profit | $207M | +35% | +21% |
| Net earnings | $118M | +56% | +41% |
| Operating cash flow | $184M | -35% | -45% |
| Free cash flow | $128M | -49% | -51% |
What changed
Revenue was $1.1B in Q4 2024, up 10% year over year and up 16% from the previous quarter. Transactional buyer revenue was the largest line at 48% of revenue.
Operating profit was $0.21B, a 18.1% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 16% margin then. Total costs grew 7% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $0.12B, up 41% year over year. The effective tax rate was 26.2%.
Operating cash flow was $0.18B (down 45% year over year), 156% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.07B. Capital expenditures of $0.06B left free cash flow of $0.13B.
Questions
What was RB Global's revenue in the fourth quarter 2024?
RB Global (RBA) reported revenue of $1.1B for the fourth quarter 2024 (Q4 2024), +10% from a year earlier and +16% from the quarter before.
Was RB Global profitable in the fourth quarter 2024?
Operating profit was $207M (18.1% of revenue) and net earnings $118M.
Source: RB Global 10-K on SEC EDGAR.