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RB Global Inc. (RBA) stock

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NYSE: RBA NYSE Diversified Support Services Next results ~November 9, 2026

B Fundamentals grade

RB Global Inc. is a US-listed company in the diversified support services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$110

Cash-flow model

Base case. Range ~$81–$150 across our lower- and higher-growth cases (6.7%–16.7% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 16% below our base value.

Price used: $93.43, November 2, 2026

RB Global Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 2 selling8 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds272 adding, 223 cuttingOf 55 active managers that changed their stake, 23 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter RB Global files

Where RB Global stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $4.85bn, up 9.7% on a year earlier, faster than 9.0% a quarter earlier. Free-cash-flow margin fell to 12.6% from 16.3% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 3 of our 7 financial-health checks. Our cash-flow model value is $92.08 a share, against a share price of $81.09. At that price, our model says the market is pricing in about 9.7% a year of cash-flow growth for five years, slower than the 27.9% a year revenue growth it has delivered.

Source: 10-Q filed August 4, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

RB Global Inc.'s trailing-twelve-month revenue grew 9.7% year on year, with a free-cash-flow margin of 12.6%. Where it stands out: operating margin of 16.0% ranks 5 of 29 diversified support services companies we cover.

Our discounted-cash-flow model values the business at ~$110 per share in the base case (~$81–$150 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 15.2% while net income grew 15.9%: a 31pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $93.43 is 20% below our value per share of $110.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Heavily shorted. 12.4% of the shares available to trade are sold short (9.6 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 4, 2026
Earnings per share
$1.13 against an average estimate of $1.13: missed by 0.1%
Revenue
$1.32bn, up 11.1% on a year earlier
Share reaction
-14.8% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Guidance given
GTV growth growth 9% to 11% (full-year 2026); adjusted EBITDA $1,495m to $1,545m (full-year 2026)
Next report
November 9, 2026; average EPS estimate $1.00

RB Global's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+4.2%
  • 1 week+10.3%
  • 1 month+14.1%
  • This year-8.5%
  • 1 year-5.2%
  • 5 years+49.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4.8B
Operating margin
16.0%
Net margin
10.0%
EPS (TTM, diluted)
$2.59

Growth

Revenue growth
+9.7%
Change in growth rate
+0.7 pts
Share count change
+0.6%

Cash

Free cash flow (TTM)
$611M
FCF margin
12.6%
Stock pay % of revenue
1.2%

Earnings

Last results
August 4, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Product
  3. Announcement
  4. Leadership
  5. Buyback
  6. Announcement
  7. Product
  8. Results
  9. Guidance
  10. Dividend
  11. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

RB Global Inc. valuation models and calculator

What the price is pricing in

The share price implies about 7.5% a year of cash-flow growth for five years.That is slower than the 27.9% a year revenue growth RB Global has delivered.

  • Priced in7.5%
  • Last 12 months9.7%
  • 3 years a year25.1%
  • 5 years a year27.9%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($92.72, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$110
Price used
$92.72close November 3, 2026
Implied change
▲ +21%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of RB Global Inc.'s free cash flow after stock-based pay with after-tax interest added back ($859M, FY2026 Q2 TTM), growing 8% and 9.6% in the next two years (forecasts, guidance and its record), then back to 11.7% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$81–~$150 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of RB Global Inc.'s free cash flow after stock-based pay ( $859M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value RB Global Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.76 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$110 ~$81–$150 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$61 ~$58–$110 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$36 ~$27–$49 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$41 ~$35–$50 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$72 ~$36–$110 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare RB Global Inc. with Diversified Support Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −28%
  • Revenue growth 5 points higher ▲ +37%
  • Free-cash-flow margin 1 point lower ▼ −7%
  • Last year's free-cash-flow margin change, if it persists ▼ −21%
  • Discount rate 1 point higher ▼ −17%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $54$78$110$152$206$277
8.5% $38$56$79$109$148$198
10% $29$42$60$83$113$150

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$28.45$25.64$28.61$38.32$63.09$56.36$54.16$65.14$89.07$102.16$93.43
Market value$3.1bn$2.8bn$3.1bn$4.2bn$7.0bn$6.3bn$6.1bn$11.0bn$16.5bn$19.1bn$17.5bn
+ Net debt (− = net cash)$412m$552m$493m$291m$387m$1.4bn$116m$2.5bn$2.1bn$1.9bn$2.4bn
Enterprise value$3.5bn$3.3bn$3.6bn$4.5bn$7.3bn$7.7bn$6.2bn$13.5bn$18.6bn$21.0bn$19.9bn
Multiples
Price / sales 2.7x2.9x2.7x3.2x5.1x4.4x3.5x3.0x3.9x4.2x3.6x
Price / earnings 33.3x37.0x25.8x28.2x40.9x41.3x19.0x53.1x40.0x44.6x36.1x
Price / free cash flow 19.3x20.3x24.6x13.2x28.6x20.4x14.1x34.7x21.6x26.5x28.6x
EV / EBITDA 19.6x20.8x14.4x15.3x21.7x23.4x11.2x16.4x15.4x17.6x15.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

51 /100

Moderate moat

How hard RB Global's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 5 / 20

    Net income has been a median 4.5% of total assets over 10 years.

  • Durability 12 / 20

    Operating margin has been a median 16.4%; its worst year was 8.9%.

  • Cash conversion 18 / 20

    Free cash flow was positive in 10 of 10 years, at a median 15.1% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 68.7% over five years; stock-based pay has been a median 1.7% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (56 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 9, 2026, before the open. Analysts expect revenue of $1.2bn and EPS of $1.00 (range $0.94 to $1.11) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.37 +9% $5.0bn +9%
Next $4.85 +11% $5.3bn +6%

Next year's EPS estimate has moved −0.8% in 90 days, across 12 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −1.4% on 90 days ago. In the last 30 days, 1 analyst raised RB Global Inc.'s forecast and 1 cut it.

Consensus EPS forecast RB Global Inc., last 90 days
$4.20 $4.40 $4.60 $4.80 $5.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.43 Current fiscal year, 60 days ago: $4.35 Current fiscal year, 30 days ago: $4.36 Current fiscal year, 7 days ago: $4.36 Current fiscal year, Now: $4.37 $4.37 Next fiscal year, 90 days ago: $4.89 Next fiscal year, 60 days ago: $4.84 Next fiscal year, 30 days ago: $4.87 Next fiscal year, 7 days ago: $4.85 Next fiscal year, Now: $4.85 $4.85

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.43$4.89
60 days ago $4.35$4.84
30 days ago $4.36$4.87
7 days ago $4.36$4.85
Now $4.37$4.85

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $1.13 $1.13 −0.1%
Mar 2026 $0.97 $1.01 +4.3%
Dec 2025 $0.99 $1.11 +11.8%
Sept 2025 $0.79 $0.93 +17.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 4, 2026
  • GTV growth full-year 2026 9% growth to 11% growth Raised
    “GTV growth 9% to 11% 6% to 9%” source
  • Adjusted EBITDA full-year 2026 $1,495m to $1,545m Non-GAAP Raised
    “Adjusted EBITDA $1,495 to $1,545 $1,485 to $1,545” source
  • Full year tax rate (GAAP and adjusted) full-year 2026 23% to 25% Maintained
    “Full year tax rate (GAAP and adjusted) 23% to 25% 23% to 25%” source
  • Capital expenditures full-year 2026 $350m to $400m Maintained
    “Capital expenditures 4 $350 to $400 $350 to $400” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows RB Global Inc.'s revenue by +8.0% next year and +9.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+6.3%, weight 68%) and the company's own record (+11.7%, weight 32%) . How the weights are set.

Analyst recommendations

12 analysts, Oct 2026
Buy1192%
Hold18%
Sell00%

Monthly trend

  1. Oct 202656112
  2. Sep 202656112
  3. Aug 202656112
  4. Jul 202646212

Counts of recommendations published by analysts covering RB Global Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
12.4%
of tradable shares
Days to cover
9.63
at average volume
Short interest, 1 month
+8%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.3%
of shares
Employees
8,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −5.2%

$98.54 on October 31, 2025 to $93.43

ThenNowEffect
Revenue (last 12 months) $4.4bn $4.8bn +9.7%
Net margin 9.5% 10.0% +5.6%
P/E multiple 43.9x 36.1x −17.7%
Share count 186m 187m −0.6%

Biggest factor: p/e multiple.

Last 3 years +41.7%

$65.94 on November 3, 2023 to $93.43

ThenNowEffect
Revenue (last 12 months) $2.5bn $4.8bn +95.9%
Net margin 5.9% 10.0% +68.1%
P/E multiple 59.2x 36.1x −38.9%
Share count 132m 187m −29.6%

Biggest factor: revenue.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
RBA−11%−4%+20%+37%+15%−9%
Industry peers (median)+4%−13%+5%+1%−10%−17%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
RBA42%50%67%67%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
RBA−26%−30%−18%−12%−20%−33%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 39% from January 14, 2020 to March 18, 2020. Getting back needed a 64% gain, reached on July 22, 2020, 126 days after the low.

Price behaviour

52-week range
$79.81 – $118.32
From 52-week high
−21.0%
vs 50-day average
+11.2%
vs 200-day average
−5.9%
Volatility (1 year)
34%
Beta vs S&P 500
0.72

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
9 up, 3 down
typical move ±6.8%
After a week
7 up, 5 down
typical move ±6.7%
After a month
8 up, 4 down
typical move ±7.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 −14.8% +1.6% −20.1% −25.8%
May 4, 2026 +1.6% +0.4% −0.4% −2.3%
February 17, 2026 +5.4% +0.7% −5.0% −4.8%
November 6, 2025 +2.8% −1.0% +3.1% +2.1%
May 7, 2025 +2.9% +1.1% +3.6% +3.5%
February 18, 2025 +8.7% +0.5% +5.2% +3.0%
November 8, 2024 +4.9% +0.5% +3.8% +7.9%
August 6, 2024 +7.7% +0.2% +9.7% +17.1%
May 9, 2024 +6.2% +0.7% +4.3% +10.3%
February 23, 2024 +12.8% −0.3% +12.2% +10.7%
November 9, 2023 −9.4% +0.8% −7.4% −4.4%
August 3, 2023 −4.9% −0.7% −5.8% +1.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How RB Global Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

RB Global Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) RB Global Inc.
$3B $3.5B $4B $4.5B $5B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $3.1B Revenue (TTM), FY23 Q4: $3.7B Revenue (TTM), FY24 Q1: $4.2B Revenue (TTM), FY24 Q2: $4.2B Revenue (TTM), FY24 Q3: $4.2B Revenue (TTM), FY24 Q4: $4.3B Revenue (TTM), FY25 Q1: $4.3B Revenue (TTM), FY25 Q2: $4.4B Revenue (TTM), FY25 Q3: $4.5B Revenue (TTM), FY25 Q4: $4.6B Revenue (TTM), FY26 Q1: $4.7B Revenue (TTM), FY26 Q2: $4.8B $4.8B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $3.1B
FY23 Q4 $3.7B
FY24 Q1 $4.2B
FY24 Q2 $4.2B
FY24 Q3 $4.2B
FY24 Q4 $4.3B
FY25 Q1 $4.3B
FY25 Q2 $4.4B
FY25 Q3 $4.5B
FY25 Q4 $4.6B
FY26 Q1 $4.7B
FY26 Q2 $4.8B
Revenue growth, TTM YoY RB Global Inc.
0% 50% 100% 150% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 86.9% Revenue growth, TTM YoY, FY23 Q4: 112.2% Revenue growth, TTM YoY, FY24 Q1: 128.5% Revenue growth, TTM YoY, FY24 Q2: 70.6% Revenue growth, TTM YoY, FY24 Q3: 35.7% Revenue growth, TTM YoY, FY24 Q4: 16.4% Revenue growth, TTM YoY, FY25 Q1: 2.3% Revenue growth, TTM YoY, FY25 Q2: 4.7% Revenue growth, TTM YoY, FY25 Q3: 8.3% Revenue growth, TTM YoY, FY25 Q4: 7.2% Revenue growth, TTM YoY, FY26 Q1: 9.0% Revenue growth, TTM YoY, FY26 Q2: 9.7% 9.7%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 86.9%
FY23 Q4 112.2%
FY24 Q1 128.5%
FY24 Q2 70.6%
FY24 Q3 35.7%
FY24 Q4 16.4%
FY25 Q1 2.3%
FY25 Q2 4.7%
FY25 Q3 8.3%
FY25 Q4 7.2%
FY26 Q1 9.0%
FY26 Q2 9.7%
Operating margin (TTM) RB Global Inc.
10% 12% 14% 16% 18% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 11.9% Operating margin (TTM), FY23 Q4: 12.8% Operating margin (TTM), FY24 Q1: 16.4% Operating margin (TTM), FY24 Q2: 17.0% Operating margin (TTM), FY24 Q3: 17.3% Operating margin (TTM), FY24 Q4: 17.8% Operating margin (TTM), FY25 Q1: 17.4% Operating margin (TTM), FY25 Q2: 16.7% Operating margin (TTM), FY25 Q3: 16.4% Operating margin (TTM), FY25 Q4: 15.5% Operating margin (TTM), FY26 Q1: 15.7% Operating margin (TTM), FY26 Q2: 16.0% 16.0%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 11.9%
FY23 Q4 12.8%
FY24 Q1 16.4%
FY24 Q2 17.0%
FY24 Q3 17.3%
FY24 Q4 17.8%
FY25 Q1 17.4%
FY25 Q2 16.7%
FY25 Q3 16.4%
FY25 Q4 15.5%
FY26 Q1 15.7%
FY26 Q2 16.0%
FCF margin (TTM) RB Global Inc.
5% 10% 15% 20% 25% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 8.0% FCF margin (TTM), FY23 Q4: 8.6% FCF margin (TTM), FY24 Q1: 11.3% FCF margin (TTM), FY24 Q2: 17.7% FCF margin (TTM), FY24 Q3: 21.5% FCF margin (TTM), FY24 Q4: 17.8% FCF margin (TTM), FY25 Q1: 18.2% FCF margin (TTM), FY25 Q2: 16.3% FCF margin (TTM), FY25 Q3: 14.6% FCF margin (TTM), FY25 Q4: 15.7% FCF margin (TTM), FY26 Q1: 16.7% FCF margin (TTM), FY26 Q2: 12.6% 12.6%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 8.0%
FY23 Q4 8.6%
FY24 Q1 11.3%
FY24 Q2 17.7%
FY24 Q3 21.5%
FY24 Q4 17.8%
FY25 Q1 18.2%
FY25 Q2 16.3%
FY25 Q3 14.6%
FY25 Q4 15.7%
FY26 Q1 16.7%
FY26 Q2 12.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar RB Global took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $4.6B
  2. Selling, general and admin $905M · 19.7%
  3. Other operating costs $3B · 64.7%
  4. Operating income $713M · 15.5%
  5. Income tax $108M · 2.4%
  6. Interest and other $177M · 3.9%
  7. Net income $428M · 9.3%

Shares of revenue. Source: RB Global's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,127 971 1,170 1,319 1,377 1,417 1,734 3,680 4,284 4,591 4,848
Gross profit 189 532 — — — — — — — — —
EBITDA 177 160 252 294 338 329 551 824 1,206 1,197 1,287
Operating income 136 107 185 223 263 241 454 471 761 713 778
Net income 92 75 121 149 170 152 320 207 413 428 484
Diluted EPS $0.85 $0.69 $1.11 $1.36 $1.54 $1.36 $2.86 $1.04 $2.01 $2.04 $2.59
Growth (year on year)
Revenue — −13.8% +20.5% +12.7% +4.4% +2.9% +22.4% +112.2% +16.4% +7.2% +9.7%
EBITDA — −9.3% +57.2% +16.6% +15.1% −2.7% +67.4% +49.5% +46.4% −0.7% +7.6%
Operating income — −20.8% +72.3% +20.5% +17.9% −8.4% +88.2% +3.9% +61.5% −6.3% +5.3%
Net income — −18.3% +61.9% +22.7% +14.1% −10.7% +110.5% −35.4% +100.0% +3.7% +15.9%
Diluted EPS — −18.8% +60.9% +22.5% +13.2% −11.7% +110.3% −63.6% +93.3% +1.5% +15.2%
Margins
Gross margin 16.7% 54.7% — — — — — — — — —
EBITDA margin 15.7% 16.5% 21.5% 22.3% 24.5% 23.2% 31.8% 22.4% 28.1% 26.1% 26.5%
Operating margin 12.0% 11.1% 15.8% 16.9% 19.1% 17.0% 26.2% 12.8% 17.8% 15.5% 16.0%
Net margin 8.1% 7.7% 10.4% 11.3% 12.4% 10.7% 18.4% 5.6% 9.6% 9.3% 10.0%
Free-cash-flow margin 14.1% 14.1% 10.9% 24.2% 17.7% 21.7% 24.9% 8.6% 17.8% 15.7% 12.6%
Cash flow
Cash from operations 178 148 144 333 258 318 463 544 932 978 861
Capital spending 19 11 17 14 14 10 32 228 167 259 250
Free cash flow 159 137 127 319 244 308 431 316 765 719 611
Stock-based pay 20 20 23 13 17 31 42 56 62 66 58
Free cash flow after stock pay 139 117 104 306 227 277 389 260 702 653 553
Balance sheet
Cash 208 268 238 360 279 326 494 576 534 532 525
Total debt 620 820 731 650 666 1,744 611 3,090 2,654 2,472 2,904
Net debt (negative = net cash) 412 552 493 291 387 1,417 116 2,513 2,120 1,940 2,379
Diluted shares 107m 108m 109m 110m 110m 111m 112m 168m 185m 187m 187m
Returned to shareholders
Dividends 70 73 76 83 92 104 115 298 206 258 284
Buybacks 37 — — 42 53 — — — — — —
Total returned 107 73 76 125 145 104 115 298 206 258 284

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 7 checks passed · June 30, 2026
What it owns · $12.5bn
Short-term assets $1.9bnLonger-term assets $10.6bn
What it owes, and who funded it · $12.0bn
Short-term liabilities $1.4bnLonger-term liabilities $5.0bnShareholders' equity $5.6bn
  • Short-term assets cover short-term liabilities $1.9bn of assets due within a year against $1.4bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.9bn short-term assets against $5.0bn of longer-dated liabilities.
  • More cash than debt $525m of cash against $2.9bn of debt.
  • Debt below 40% of shareholders' equity Debt is 52% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 162% to 52% over five years.
  • A year's operating cash flow covers at least 20% of debt $861m of operating cash flow against $2.9bn of debt.
  • Operating profit covers interest at least five times over Operating income of $778m against $181m of interest.

From RB Global Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$284M
Diluted share count
+0.6%
year over year
Total shareholder yield
1.6%
dividends 1.6% + buybacks 0.0% of market value
Dividend payout ratio
59%
of net income paid out
Sales & admin spending
18.6%
of revenue
Days sales outstanding
64 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in diversified support services
Last 12 months unless stated RBA CPRT BCO RTO TRI GEO Median
Revenue, last 12 months $4.8bn $4.7bn $5.5bn $6.9bn $7.5bn $2.8bn $906m
Revenue growth, last 12 months 9.7% 0.4% 8.1% 4.4% 3.0% 15.3% 6.3%
Revenue growth, 3-year average 25.1% 6.4% 5.0% — — 5.0% 6.4%
Revenue growth, latest quarter 11.1% 2.4% 7.1% — — 15.1% 7.2%
Gross margin 45.6% 45.7% 26.4% — — — 29.0%
Operating margin 16.0% 35.4% 10.5% 8.5% 28.5% 11.2% 4.9%
Operating margin, 3-year average 16.6% 36.3% 9.8% — 22.5% 12.1% 9.9%
Net margin 10.0% 31.8% 3.3% 6.8% 20.1% 10.3% 2.7%
Cash from operations / revenue 17.8% 34.4% 10.2% 14.1% 35.5% 7.0% 7.1%
Free-cash-flow margin 12.6% 27.2% 7.2% 11.1% 27.0% 0.9% 3.7%
Free-cash-flow margin, 3-year average 15.5% 25.4% 7.2% — 25.2% 4.9% 7.4%
Stock pay / revenue 1.2% 0.8% 0.5% — — 0.9% 1.4%
Change in share count 0.6% −2.1% −4.4% 0.3% −0.4% −2.3% 0.1%

Median of all 32 companies we cover in diversified support services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

32 diversified support services companies
Measure Company Peer median Rank
Revenue growth Growth 9.7% 6.5% 12 of 32
Change in growth rate Growth +0.7pp +0.8pp 18 of 32
Operating margin Profitability 16.0% 4.5% 5 of 29
Net margin Profitability 10.0% 3.3% 6 of 32
Free-cash-flow margin Cash generation 12.6% 4.1% 9 of 31
Stock pay as % of revenue Cash generation 1.2% 1.4% 12 of 26
Long-term debt as % of assets Balance sheet 22.7% 33.7% 9 of 18
Change in share count Balance sheet 0.6% -0.1% 17 of 28
Days sales outstanding Balance sheet 64 days 60 days 19 of 26

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Service Revenues $3.5B 76.3% ▲ 4.1%
Buyer Revenue $2.2B 63.9% ▲ 8.3%
Seller Revenue $929M 26.5% ▼ 1.1%
Marketplace Services Fees $335M 9.6% ▼ 6.2%
Revenue From Inventory Sales $1.1B 23.7% ▲ 18.2%
Geography
Region Revenue Share YoY
United States $3.3B 72.0% ▲ 6.9%
Canada $696M 15.2% ▲ 8.6%
Europe $339M 7.4% ▲ 1.8%
Australia $151M 3.3% ▲ 10.2%
Other Countries $97.8M 2.1% ▲ 23.3%

From RB Global Inc.'s 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$21B
Institutions reporting
555
Shares held vs prior quarter
▲ 2.5%
Positions opened / closed
57 / 38

Top buyers and sellers, Q2 2026: 272 institutions bought and 223 sold ; the biggest buyer was Fil Ltd (+2.5M shares) and the biggest seller Adage Capital Partners Gp, L.L.C (−2.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.8B 15.6M 8.6% ▲ 1.1%
Vanguard Capital Management LLC $1.6B 13.4M 7.4% ▲ 0.9%
Massachusetts Financial Services Co $1.4B 11.7M 6.7% ▲ 4.3%
Edgepoint Investment Group Inc. $1.1B 9.6M 5.3% ▲ 8.5%
Fil Ltd $1B 8.8M 4.9% ▲ 40.7%
Vanguard Portfolio Management LLC $987M 8.5M 4.7% ▲ 0.8%
State Street Corp $765M 6.6M 3.6% ▲ 5.1%
Geode Capital Management, LLC $614M 5.3M 2.9% ▲ 4.1%
Royal Bank Of Canada $581M 5.0M 2.8% ▼ 1.1%
Jupiter Topco LLC $515M 4.4M 2.4% —
Vontobel Holding Ltd. $458M 3.9M 2.2% ▼ 10.9%
Fiera Capital Corp $422M 3.6M 2.0% ▼ 1.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not RB Global Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $365,991 8 trades by 2 insiders, last 12 months Insider sales History → $2.4M 3 trades by 2 insiders · 100% under pre-set plans
Net ▼ $2.1M net selling
Insider Date Trade Shares Price Value
Stein Deborah Director September 9, 2026 Buy 200 $80.56 $16,112
Stein Deborah Director September 9, 2026 Buy 300 $81.14 $24,342
Stein Deborah Director September 9, 2026 Buy 200 $80.56 $16,112
Stein Deborah Director September 9, 2026 Buy 300 $81.14 $24,342
Harford Chloe Director August 24, 2026 Buy 1,200 $83.74 $100,488
Carlson Christopher Chief Accounting Officer June 25, 2026 Sell pre-set plan 150 $115.00 $17,250
Stein Deborah Director May 19, 2026 Buy 425 $103.15 $43,839
Carlson Christopher Chief Accounting Officer May 5, 2026 Sell pre-set plan 140 $110.00 $15,400
Stein Deborah Director March 18, 2026 Buy 400 $98.74 $39,496
Kessler James Francis Chief Executive Officer January 21, 2026 Sell pre-set plan 20,742 $115.00 $2.4M
Stein Deborah Director November 13, 2025 Buy 1,000 $101.26 $101,260

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 21 trades and filings

No trades in RB Global Inc. disclosed in the last 12 months; 21 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded October 31, 2025, filed November 21, 2025
  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded October 30, 2025, filed November 21, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded October 30, 2025, filed November 21, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 4, 2026
  • February 17, 2026
  • November 6, 2025
  • May 7, 2025
  • February 18, 2025

Recent SEC filings

Data status

When each part of this page on RB Global Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

RB Global Inc. in brief

What does RB Global Inc. do?
RB Global Inc. is a US-listed company in the diversified support services industry. Its financial year ends in December.
What is RB Global Inc.'s stock ticker?
RB Global Inc. trades under the ticker RBA on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is RB Global Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, RB Global Inc. reported revenue of $4.8B, 9.7% higher than a year earlier, according to its SEC filings.
What is RB Global Inc.'s free cash flow?
RB Global Inc.'s free-cash-flow margin is 12.6% of revenue over the trailing twelve months, ranking 9 of the 31 diversified support services companies we cover.
What is RB Global Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of RB Global Inc.'s free cash flow after stock-based pay gives ~$110 per share in the base case, and ~$81–$150 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are RB Global Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Massachusetts Financial Services Co. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is RB Global Inc.'s market cap?
On November 2, 2026, RB Global Inc.'s market capitalisation was about $17.5B, with a price-to-earnings ratio of 36.1 and net debt of $2.4B. Market figures come from third-party market data and may be delayed.
Does RB Global Inc. pay a dividend?
Yes: RB Global Inc. paid $284M in dividends over the trailing twelve months, a dividend yield of 1.64% and a payout ratio of 58.6%.
How much debt does RB Global Inc. have?
RB Global Inc.'s debt-to-equity ratio is 51.8%, from its latest balance sheet (161.9% five years earlier). The financial health section below sets out its other solvency checks.
Who are RB Global Inc.'s competitors?
In our Diversified Support Services peer group, the companies closest to RB Global Inc. are Copart, Brinks Co, Rentokil Initial PLC, Thomson Reuters Corp and GEO Group Inc. The side-by-side comparison below sets their revenue, margins and growth against RB Global Inc.'s.
Are insiders buying or selling RB Global Inc. stock?
Over the last 12 months, RB Global Inc.'s directors and officers reported 8 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is RB Global Inc.'s next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — RB Global Inc. announces its own schedule.