RB Global reported strong financial results for the fourth quarter and full year 2024, highlighting increased revenue, profitability, and strategic progress. Fourth-quarter gross transaction value (GTV) grew 2% year over year to $4.1 billion, while total revenue rose 10% to $1.1 billion. Service revenue increased by 8% to $875.5 million, and inventory sales revenue saw a 15% rise to $266.1 million. Net income increased 41% to $118.4 million, with net income available to common stockholders up 44% to $107.8 million. Diluted earnings per share rose 41% to $0.58, while adjusted diluted EPS increased 16% to $0.95. Adjusted EBITDA grew 13% year over year to $346.0 million.

Looking ahead to 2025, RB Global projects GTV growth between 0% and 3% and adjusted EBITDA in the range of $1.32 billion to $1.38 billion. The expected full-year tax rate is between 25% and 28%, with capital expenditures anticipated between $350 million and $400 million. The company remains focused on operational efficiency, strategic investments, and long-term growth.