| Market Capitalization (Millions $) |
15,614 |
| Shares
Outstanding (Millions) |
187 |
| Employees |
8,000 |
| Revenues (TTM) (Millions $) |
4,848 |
| Net Income (TTM) (Millions $) |
484 |
| Cash Flow (TTM) (Millions $) |
3 |
| Capital Exp. (TTM) (Millions $) |
719 |
Business Description
Ritchie Bros. Auctioneers Incorporated is a global leader in the auctioning of heavy equipment and industrial assets. Founded in 1958, it operates in more than 40 countries with over 40 permanent auction sites and serves industries including construction, transportation, agriculture, mining, and energy.
The companyes mission is to provide a fair, transparent, and efficient way for sellers to dispose of surplus equipment and for buyers to acquire quality used assets at auction. It prides itself on an unwavering commitment to its core values, which include respect, integrity, and teamwork.
Ritchie Bros. Auctioneers Incorporated operates in two main business segments e auction services and equipment one. The auction services segment offers a comprehensive range of auction services, including onsite auctions, online auctions, and timed auctions. Its online platform simplifies the bidding process and increases access to a global network of buyers and sellers. The equipment one segment provides an end-to-end managed transportation solution to customers, including transportation, logistics, heavy haul, and storage services.
Ritchie Bros. Auctioneers Incorporated has a strong reputation for conducting high-quality auctions, in which both buyers and sellers are satisfied. Its experience, global reach, and expertise in heavy equipment auctions make it an industry leader. The company has also been recognized for its commitment to environmental sustainability, as it promotes the reuse and recycling of assets, thus reducing waste.
Overall, Ritchie Bros. Auctioneers Incorporated is a well-respected, reliable, and efficient company that offers a comprehensive range of auction services to help customers acquire or dispose of industrial assets. Its commitment to excellence has made it a global leader in the industry.
Company Address: Two Westbrook Corporate Center Westchester 60154 IL
Company Phone Number: 492-7000 Stock Exchange / Ticker: NYSE RBA
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1.05% 
139.03 %