Company
Ritchie Bros. Auctioneers Incorporated
Headquarters: Burnaby, BC, Canada
Founded: Kelowna, British Columbia
Employees: 2,700
CEO: Ms. Ann M. Fandozzi
Market Cap
C$15.98 Billion
CAD as of Jan. 1, 2024
US$12.07 Billion
Ritchie Bros. Auctioneers Incorporated Categories
Canada Industrials Specialty Business ServicesCanada Industrials Canada Specialty Business Services
Top Competitors by Market Capitalization
Industry: Specialty Business Services
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Sector:
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|---|---|
| Boeing | $148.18 B |
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| Caterpillar | $145.65 B |
| Siemens | $138.51 B |
| General Electric | $135.68 B |
Detailed Description
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
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Stocks & Indices
Ritchie Bros. Auctioneers Incorporated has the following listings and related stock indices.
Stock: TSX: RBA wb_incandescent
Stock: NYSE: RBA wb_incandescent
Stock: FSX: 2R8 wb_incandescent
Key People
Founder(s): David Edward Ritchie
Beverley Briscoe (Chairman) Ann Fandozzi (CEO)