What is RB Global's service revenues — cost direct labor?

RB Global (RBA) reported service revenues — cost direct labor of $16.20M in Q4 2022.

How has RB Global's service revenues — cost direct labor changed year-over-year?

RB Global's service revenues — cost direct labor increased by 7.5% year-over-year, from $15.07M to $16.20M.

What does service revenues — cost direct labor mean?

The total cost of wages and benefits for employees directly involved in providing auction and logistical services.

Discontinued — last reported Q4 '22

Service Revenues — Cost Direct Labor

RB Global Service Revenues — Cost Direct Labor decreased by 4.2% to $16.20M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $15.07M to $16.20M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2016

Last reportedQ4 2022

How to read this metric

An increase relative to revenue suggests declining labor productivity or rising wage pressures, while a decrease indicates improved operational efficiency or automation.

Detailed definition

This metric represents the direct labor costs specifically allocated to the service revenue segment, including wages, be...

Peer comparison

Comparable to direct labor costs in other service-heavy auction or logistics firms, often benchmarked as a percentage of service revenue.

Metric ID: rba_segment_service_revenues_cost_direct_labor

Historical Data

7 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22
Value	$14.95M	$14.25M	$15.07M	$15.92M	$17.05M	$16.91M	$16.20M
QoQ Change	—	-4.7%	+5.7%	+5.6%	+7.1%	-0.8%	-4.2%
YoY Change	—	—	—	—	+14.0%	+18.7%	+7.5%

Range$14.25M – $17.05M

CAGR+5.5%

Avg YoY Growth+13.4%

Median YoY Growth+14.0%

Current Streak2 quarters decline

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Frequently Asked Questions

What is RB Global's service revenues — cost direct labor?: RB Global (RBA) reported service revenues — cost direct labor of $16.20M in Q4 2022.
How has RB Global's service revenues — cost direct labor changed year-over-year?: RB Global's service revenues — cost direct labor increased by 7.5% year-over-year, from $15.07M to $16.20M.
What does service revenues — cost direct labor mean?: The total cost of wages and benefits for employees directly involved in providing auction and logistical services.