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RB Global Inc (RB Global), formerly Ritchie Bros Auctioneers Inc, is an omnichannel marketplace that facilitates transactions for buyers and sellers of commercial assets and vehicles. The company's main activities include providing value-added insights, services, and transaction solutions across various asset classes. RB Global operates its business under the brands Ritchie Bros., IAA, RB Auction, IronPlanet, Marketplace-E, GovPlanet, SalvageSale, Ritchie Bros. Financial Services, Mascus, Ritchie List, Rouse, SmartEquip, VeriTread, Xcira, DDI Technology and SYNETIQ. The company serves a diverse customer base, including automotive insurance companies, end users, dealers, fleet owners, and original equipment manufacturers (OEMs) across industries such as automotive, construction, commercial transportation, agriculture, energy, and government surplus. It has operation in the US, Canada, Australia and across Europe. RB Global is headquartered in Westchester, Illinois, the US.
Headquarters
United States of America
Address
Two Westbrook Corporate Center, Suite 500, Westchester, Illinois, 60154
Website
www.rbauction.com
Telephone
1 7084927000
No of Employees
8,000
Industry
Business and Consumer Services
Ticker Symbol & Exchange
RBA (NYSE)
Revenue (2024)
$4.6B
7.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
3.7%
(2024 vs 2023)
Market Cap*
$20.4B
Net Profit Margin (2024)
XYZ
-3.2%
(2024 vs 2023)
* As of and is in US$
RB Global Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Industrial Equipment Auctions | IAA |
| Transaction Solutions | RB Auction |
| Industry Solutions: | IronPlanet |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In May, the company acquired Big Iron Auction Company, an online marketplace for agricultural equipment, land, livestock, and farm assets. |
| 2025 | Contracts/Agreements | In March, the company signed an agreement to acquire J.M. Wood Auction Co., Inc. |
| 2024 | Acquisitions/Mergers/Takeovers | In October, the company acquired Boom & Bucket, Inc, a digital fixed price marketplace. |
Competitor Comparison
| Key Parameters | RB Global Inc | Finning International Inc | Copart Inc | Generac Holdings Inc | Openlane Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Canada | United States of America | United States of America | United States of America |
| City | - | Surrey | Dallas | Waukesha | Carmel |
| State/Province | Illinois | British Columbia | Texas | Wisconsin | Indiana |
| No. of Employees | 8,000 | 15,047 | 11,600 | 9,400 | 4,800 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jim Kessler | Director; Chief Executive Officer | Executive Board | 2023 | 53 |
| Eric J. Guerin | Chief Financial Officer | Senior Management | 2024 | 54 |
| Steve Lewis | Chief Operating Officer | Senior Management | 2024 | 51 |
| Nancy King | Chief Technology Officer | Senior Management | 2024 | 48 |
| Darren Watt | Chief Legal Officer; General Counsel; Senior Vice President | Senior Management | 2023 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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