RB GLOBAL INC. (RBA) has a current P/E ratio of 54.7, compared to its historical median P/E of 39.4. The stock is currently considered Expensive based on its historical valuation range.
RB GLOBAL INC. (RBA) has a 5-year average return on invested capital (ROIC) of 9.4%. This is below average and may indicate limited pricing power.
RB GLOBAL INC. (RBA) has a market capitalization of $20.8B. It is classified as a large-cap stock.
Yes, RB GLOBAL INC. (RBA) pays a dividend with a trailing twelve-month yield of 1.30%.
Based on historical P/E analysis, RB GLOBAL INC. (RBA) appears expensive. The current P/E of 54.7 is 39% above its historical median of 39.4. The estimated fair value CAGR (P/E method) is 4.5%.
RB GLOBAL INC. (RBA) operates in the Services-Business Services, Nec industry, within the Industrials sector.
RB GLOBAL INC. (RBA) reported annual revenue of $4.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
RB Global is an omnichannel marketplace and provider of value-added insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide, operating since 1958 through a global network of auction sites and digital platforms. The company operates across multiple asset classes—automotive, construction and transportation equipment, government surplus, energy, mining, and agriculture—organized into three sectors: automotive (passenger vehicles and buses), commercial construction and transportation (earth-moving equipment, material handling, vocational trucks), and other (agricultural, forestry, energy, and government assets). Its portfolio includes Ritchie Bros., the world's largest auctioneer of commercial assets offering online bidding; IAA, a leading digital marketplace for vehicle buyers and sellers; Rouse Services, providing end-to-end asset management and market intelligence; SmartEquip, a technology platform for equipment lifecycle management and parts procurement; and VeriTread, an online marketplace for heavy haul transport. The company earns revenue through transaction-based services and value-added offerings, serving primarily insurance companies, end users, dealers, fleet owners, and original equipment manufacturers across the United States, Canada, Australia, and Europe with approximately 8,000 full-time employees globally. Competition is fragmented by region and sector, with the company competing against online and physical auctioneers, brokers, dealers, and technology-enabled selling platforms, while differentiating through its comprehensive territory manager network, operational efficiency, real estate leverage, and strategic partnerships that deepen customer engagement and market share capture.
【Volume-led growth momentum】 Management expects to continue gaining market share across both automotive and commercial construction and transportation sectors in 2026, supported by improving seller confidence, stabilizing equipment values, and favorable interest rate dynamics. The company is executing its Operational Excellence program to efficiently translate incremental volume into EBITDA growth, with expectations of creating ongoing operating leverage across the P&L through territory manager optimization, yard efficiency improvements, and sales rep ramp acceleration. Strategic initiatives including the rollout of IAA Total Loss Predictor and the expansion of the GSA partnership (expected to reach full run rate in Q2 2026) are positioned to strengthen partner economics and increase long-term customer stickiness. Management remains cautiously optimistic about international markets and believes the business is well-positioned to grow faster than the market in 2026, while maintaining disciplined cost management and capital allocation focused on sustainable long-term growth.
| Metric | Target | Period |
|---|---|---|
| Adjusted EBITDA growth | approximately 8% at the midpoint | FY2026 |
| Gross Transaction Value growth | 5%–8% | FY2026 |
| Adjusted EBITDA | $1.47 billion–$1.53 billion | FY2026 |
| GAAP and adjusted tax rate | 23%–25% | FY2026 |
Adjusted EBITDA growth (FY2026): “with adjusted EBITDA growth of approximately 8% at the midpoint”
Gross Transaction Value growth (FY2026): “we expect full-year gross transaction value to grow between 5% and 8%”
Adjusted EBITDA (FY2026): “We expect full-year adjusted EBITDA between $1.47 billion and $1.53 billion, representing approximately 7% growth at the midpoint”
GAAP and adjusted tax rate (FY2026): “We also expect our full-year 2026 GAAP and adjusted tax rate to be between 23%-25%”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call, Q2 FY2025 Earnings Call, Q1 FY2025 Earnings Call
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 4.7B | 4.6B | 4.3B | 3.7B | 1.7B | 1.4B |
| Net Income | 404M | 382M | 373M | 175M | 320M | 152M |
| EPS | $2.17 | $2.04 | $2.01 | $1.04 | $2.86 | $1.36 |
| Free Cash Flow | 789M | 719M | 765M | 316M | 431M | 308M |
| ROIC | 7.6% | 6.9% | 7.0% | 6.6% | 17.8% | 8.9% |
| Gross Margin | - | 50.1% | 51.6% | 48.3% | 56.4% | 57.9% |
| Debt/Equity | 0.46 | 0.73 | 0.80 | 0.91 | 0.57 | 1.74 |
| Dividends/Share | $1.46 | $1.38 | $1.11 | $1.77 | $1.03 | $0.93 |
| Operating Income | 741M | 713M | 761M | 471M | 454M | 241M |
| Operating Margin | 15.7% | 15.5% | 17.8% | 12.8% | 26.2% | 17.0% |
| ROE | 7.2% | 7.1% | 7.3% | 5.5% | 27.1% | 14.6% |
| Shares Outstanding | 186M | 187M | 185M | 168M | 112M | 112M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 481M | 516M | 1.1B | 971M | 1.2B | 1.3B | 1.4B | 1.4B | 1.7B | 3.7B | 4.3B | 4.6B | 4.7B |
| Gross Margin | 88.0% | 89.1% | 16.7% | 54.7% | 58.0% | 54.4% | 56.8% | 57.9% | 56.4% | 48.3% | 51.6% | 50.1% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 248M | 254M | 284M | 323M | 383M | 382M | 410M | 456M | 540M | 744M | 774M | 905M | 914M |
| EBIT | 128M | 175M | 136M | 107M | 185M | 223M | 263M | 241M | 454M | 471M | 761M | 713M | 741M |
| Op. Margin | 26.6% | 33.9% | 12.0% | 11.1% | 15.8% | 16.9% | 19.1% | 17.0% | 26.2% | 12.8% | 17.8% | 15.5% | 15.7% |
| Net Income | 91M | 136M | 92M | 75M | 121M | 149M | 170M | 152M | 320M | 175M | 373M | 382M | 404M |
| Net Margin | 18.9% | 26.4% | 8.1% | 7.7% | 10.4% | 11.3% | 12.4% | 10.7% | 18.4% | 4.8% | 8.7% | 8.3% | 8.6% |
| Non-Recurring | 17M | 10M | 25M | 1.7M | 2.7M | 1.1M | 3.4M | 4.1M | 171M | 12M | 19M | 11M | 11M |
| Returns on Capital | |||||||||||||
| ROIC | 14.4% | 21.6% | 11.4% | 8.7% | 11.3% | 13.2% | 14.0% | 8.9% | 17.8% | 6.6% | 7.0% | 6.9% | 7.6% |
| ROE | 13.2% | 19.5% | 13.2% | 10.5% | 15.5% | 17.2% | 17.8% | 14.6% | 27.1% | 5.5% | 7.3% | 7.1% | 7.2% |
| ROA | 16.3% | 12.2% | 6.8% | 4.1% | 6.0% | 7.0% | 7.4% | 5.1% | 9.9% | 2.3% | 3.1% | 3.2% | 3.3% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 149M | 196M | 178M | 148M | 144M | 333M | 258M | 318M | 463M | 544M | 932M | 978M | 1.0B |
| Free Cash Flow | 124M | 174M | 159M | 137M | 127M | 319M | 244M | 308M | 431M | 316M | 765M | 719M | 789M |
| Owner Earnings | 94M | 143M | 117M | 81M | 54M | 250M | 166M | 198M | 324M | 136M | 425M | 429M | 484M |
| CapEx | 25M | 22M | 19M | 11M | 17M | 14M | 14M | 9.8M | 32M | 228M | 167M | 259M | 256M |
| Maint. CapEx | 45M | 42M | 41M | 53M | 67M | 71M | 75M | 88M | 97M | 352M | 444M | 483M | 496M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 45M | 42M | 41M | 53M | 67M | 71M | 75M | 88M | 97M | 352M | 444M | 483M | 496M |
| CapEx/OCF | 14.6% | 11.2% | 10.7% | 7.3% | 11.7% | 4.1% | 5.5% | 3.1% | 6.9% | 41.9% | 18.0% | 26.5% | 24.5% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 58M | 64M | 70M | 73M | 76M | 83M | 92M | 104M | 115M | 298M | 206M | 258M | 271M |
| Dividend Yield | 2.9% | 2.8% | 2.5% | 2.6% | 2.4% | 2.3% | 1.8% | 1.6% | 1.8% | 3.0% | 1.4% | 1.3% | 1.3% |
| Share Buybacks | 0 | 47M | 37M | 0 | 0 | 42M | 53M | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | 2.2% | 1.2% | N/A | N/A | 1.0% | 0.7% | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 11M | 11M | 20M | 14M | 23M | 13M | 17M | 31M | 42M | 56M | 62M | 66M | 66M |
| Debt Repayment | 58M | 6.6M | 148M | 109M | 91M | 76M | 14M | 5.3M | 1.1B | 654M | 454M | 577M | 577M |
| Balance Sheet | |||||||||||||
| Net Debt | -21M | -100M | 412M | 552M | 493M | 413M | 510M | 1.5B | 241M | 4.0B | 3.7B | 3.5B | 1.9B |
| Cash & Equiv. | 140M | 210M | 208M | 268M | 238M | 360M | 279M | 326M | 494M | 576M | 534M | 532M | 667M |
| Long-Term Debt | 111M | 55M | 596M | 796M | 698M | 627M | 626M | 1.7B | 577M | 3.1B | 2.6B | 2.3B | 2.3B |
| Debt/Equity | 0.17 | 0.16 | 0.90 | 1.11 | 0.88 | 0.86 | 0.78 | 1.74 | 0.57 | 0.91 | 0.80 | 0.73 | 0.46 |
| Interest Coverage | 24.2 | 35.2 | 24.4 | 2.8 | 4.2 | 5.4 | 7.4 | 6.5 | 7.8 | 2.2 | 3.3 | 3.7 | 145.4 |
| Equity | 692M | 703M | 687M | 740M | 831M | 902M | 1.0B | 1.1B | 1.3B | 5.0B | 5.2B | 5.6B | 5.6B |
| Total Assets | 1.1B | 1.1B | 1.6B | 2.0B | 2.1B | 2.2B | 2.4B | 3.6B | 2.9B | 12.0B | 11.8B | 12.1B | 12.4B |
| Total Liabilities | 412M | 388M | 904M | 1.3B | 1.2B | 1.3B | 1.3B | 2.5B | 1.6B | 6.5B | 6.1B | 6.1B | 6.3B |
| Intangibles | 46M | 47M | 72M | 261M | 246M | 233M | 301M | 351M | 323M | 2.9B | 2.7B | 2.5B | 2.4B |
| Retained Earnings | 536M | 601M | 601M | 603M | 648M | 714M | 792M | 840M | 1.0B | 919M | 1.1B | 1.3B | 1.3B |
| Working Capital | 140M | 140M | 125M | 120M | 163M | 178M | 42M | 174M | 168M | 471M | 384M | 167M | 253M |
| Current Assets | 395M | 430M | 378M | 508M | 604M | 680M | 557M | 762M | 963M | 1.8B | 1.7B | 1.8B | 2.1B |
| Current Liabilities | 254M | 290M | 253M | 388M | 440M | 501M | 515M | 588M | 795M | 1.3B | 1.3B | 1.6B | 1.8B |
| Per Share Data | |||||||||||||
| EPS | 0.85 | 1.27 | 0.85 | 0.69 | 1.11 | 1.36 | 1.54 | 1.36 | 2.86 | 1.04 | 2.01 | 2.04 | 2.17 |
| Owner EPS | 0.87 | 1.34 | 1.08 | 0.75 | 0.50 | 2.28 | 1.51 | 1.78 | 2.90 | 0.81 | 2.29 | 2.29 | 2.60 |
| Book Value | 6.46 | 6.56 | 6.36 | 6.80 | 7.59 | 8.23 | 9.12 | 9.59 | 11.54 | 29.83 | 28.17 | 29.74 | 30.16 |
| Cash Flow/Share | 1.39 | 1.83 | 1.64 | 1.36 | 1.32 | 3.04 | 2.33 | 2.84 | 4.14 | 3.23 | 5.03 | 5.22 | 4.83 |
| Dividends/Share | 0.54 | 0.60 | 0.65 | 0.67 | 0.69 | 0.75 | 0.83 | 0.93 | 1.03 | 1.77 | 1.11 | 1.38 | 1.46 |
| Shares Out. | 107.0M | 107.3M | 108.0M | 108.7M | 109.4M | 109.6M | 110.5M | 111.7M | 111.8M | 168.2M | 185.4M | 187.4M | 186.3M |
| Valuation | |||||||||||||
| P/E Ratio | 25.4 | 15.9 | 33.5 | 37.1 | 25.8 | 28.6 | 41.7 | 42.0 | 19.0 | 62.9 | 44.9 | 51.7 | 51.4 |
| P/FCF | 18.7 | 12.4 | 19.4 | 20.3 | 24.6 | 13.3 | 29.1 | 20.7 | 14.1 | 34.8 | 21.9 | 27.5 | 26.3 |
| EV/EBIT | 16.8 | 10.6 | 24.5 | 28.5 | 18.3 | 18.8 | 27.4 | 31.1 | 12.5 | 27.4 | 24.1 | 29.7 | 30.7 |
| Price/Book | 3.3 | 3.1 | 4.5 | 3.8 | 3.8 | 4.7 | 7.0 | 6.0 | 4.7 | 2.2 | 3.2 | 3.5 | 3.7 |
| Price/Sales | 4.2 | 4.5 | 4.9 | 2.9 | 2.7 | 2.7 | 3.6 | 4.5 | 3.7 | 2.7 | 3.4 | 4.2 | 4.4 |
| FCF Yield | 5.4% | 8.1% | 5.2% | 4.9% | 4.1% | 7.5% | 3.4% | 4.8% | 7.1% | 2.9% | 4.6% | 3.6% | 3.8% |
| Market Cap | 2.3B | 2.2B | 3.1B | 2.8B | 3.1B | 4.3B | 7.1B | 6.4B | 6.1B | 11.0B | 16.7B | 19.7B | 20.8B |
| Avg. Price | 18.91 | 21.53 | 25.66 | 25.66 | 29.39 | 32.91 | 45.15 | 57.25 | 56.99 | 58.28 | 77.88 | 102.77 | 111.59 |
| Year-End Price | 21.61 | 20.14 | 28.47 | 25.58 | 28.61 | 38.86 | 64.25 | 57.18 | 54.25 | 65.38 | 90.32 | 105.41 | 111.59 |
RB GLOBAL INC. passes 5 of 9 quality checks, suggesting mixed fundamentals.
RB GLOBAL INC. trades at 54.7x trailing earnings, compared to its 15-year median P/E of 39.4x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 28.8x vs a median of 21.3x. The company's 5-year average ROIC is 9.4% with a gross margin of 52.9%. Total shareholder yield (dividends) is 1.3%. At current prices, the estimated annualized return to fair value is +6.4%.
RB GLOBAL INC. (RBA) has a net profit margin of 8.3%. This is a modest margin.
RB GLOBAL INC. (RBA) generated $719 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
RB GLOBAL INC. (RBA) has a debt-to-equity ratio of 0.73. This indicates moderate leverage.
RB GLOBAL INC. (RBA) reported earnings per share (EPS) of $2.04 in its most recent fiscal year.
RB GLOBAL INC. (RBA) has a return on equity (ROE) of 7.1%. This indicates moderate shareholder returns.
RB GLOBAL INC. (RBA) has a 5-year average gross margin of 52.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 13 years of financial data for RB GLOBAL INC. (RBA), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
RB GLOBAL INC. (RBA) has a book value per share of $29.74, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects to continue gaining market share across both automotive and commercial construction and transportation sectors in 2026, supported by improving seller confidence, stabilizing equipment values, and favorable interest rate dynamics. The company is executing its Operational Excellence program to efficiently translate incremental volume into EBITDA growth, with expectations of creating ongoing operating leverage across the P&L through territory manager optimization, yard efficiency improvements, and sales rep ramp acceleration. Strategic initiatives including the rollout of IAA Total Loss Predictor and the expansion of the GSA partnership (expected to reach full run rate in Q2 2026) are positioned to strengthen partner economics and increase long-term customer stickiness. Management remains cautiously optimistic about international markets and believes the business is well-positioned to grow faster than the market in 2026, while maintaining disciplined cost management and capital allocation focused on sustainable long-term growth.
Based on recent SEC filings and earnings calls, RB GLOBAL INC. (RBA) has provided the following forward guidance: Adjusted EBITDA growth: approximately 8% at the midpoint (FY2026); Gross Transaction Value growth: 5%–8% (FY2026); Adjusted EBITDA: $1.47 billion–$1.53 billion (FY2026); GAAP and adjusted tax rate: 23%–25% (FY2026).