as of 08-25-2026 3:46pm EST
RB Global has evolved into a leading global marketplace that connects buyers and sellers of commercial assets and vehicles. It is the result of the 2023 combination of Ritchie Bros. and IAA. Ritchie Bros.' roots were as an auctioneer facilitating transactions of commercial, construction, and transportation equipment (excavators, bulldozers, forklifts, and commercial trucks and trailers). However, it has evolved into an omnichannel marketplace. IAA has similar roots, though primarily focused on the salvage auction segment for consumer automobiles. The group provides ancillary services including title processing, transportation/towing, financing, data and appraisal, and so on. Its activities are international, though skewing approximately two-thirds to North America.
| Founded: | 1958 | Country: | United States |
| Employees: | N/A | City: | BURNABY |
| Market Cap: | 20.0B | IPO Year: | 1997 |
| Target Price: | $122.20 | AVG Volume (30 days): | 2.1M |
| Analyst Decision: | Buy | Number of Analysts: | 5 |
| Dividend Yield: | Dividend Payout Frequency: | semi-annual | |
| EPS: | 1.37 | EPS Growth: | 1.49 |
| 52 Week Low/High: | $82.03 - $119.58 | Next Earning Date: | 05-04-2026 |
| Revenue: | $4,590,700,000 | Revenue Growth: | 7.15% |
| Revenue Growth (this year): | 4.43% | Revenue Growth (next year): | 6.65% |
| P/E Ratio: | 61.36 | Index: | N/A |
| Free Cash Flow: | 719.2M | FCF Growth: | -5.94% |
Director
Avg Cost/Share
$83.74
Shares
1,200
Total Value
$100,488.00
Owned After
1,200
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| Harford Chloe | RBA | Director | Aug 24, 2026 | Buy | $83.74 | 1,200 | $100,488.00 | 1,200 |
SEC 8-K filings with transcript text
Aug 4, 2026 · 100% conf.
1D
-3.49%
$107.18
Act: -13.89%
5D
-5.01%
$105.50
Act: -19.30%
20D
-5.74%
$104.69
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Document
Exhibit 99.1 – News Release
RB Global reports second quarter 2026 results
WESTCHESTER, IL, August 4, 2026 – RB Global, Inc. (NYSE & TSX: RBA, the “Company”, “RB Global”, “we”, “us”, or “our”) reported the following results for the three months ended June 30, 2026.
"We delivered another solid quarter, reflecting our growth strategy, the durability of our marketplace, and the commitment of our teams," said Jim Kessler, CEO of RB Global. "Our acquisition of BigIron advances that strategy by strengthening our position in the highly attractive U.S. agriculture market, expanding our customer reach, and creating additional opportunities to generate long-term value for shareholders."
"Our second-quarter performance demonstrates the strength of our operating model and disciplined execution across the business," said Eric J. Guerin, Chief Financial Officer. "Growth in Automotive, contributions from acquisitions, and ongoing cost discipline supported earnings growth in the quarter. Reflecting our year-to-date performance and outlook, we are increasing our full-year expectations while continuing to invest in the business and return capital to shareholders through a growing dividend and share repurchases."
Second Quarter Financial Highlights1,2,3:
•Total gross transaction value ("GTV") increased 11% year over year to $4.7 billion.
•Total revenue increased 11% year over year to $1.3 billion.
•Service revenue increased 5% year over year to $933.4 million.
•Inventory sales revenue increased 28% year over year to $383.7 million.
•Net income increased 31% year over year to $143.6 million.
•Net income available to common stockholders increased 33% year over year to $132.0 million.
•Diluted earnings per share available to common stockholders increased 34% to $0.71 per share.
•Diluted adjusted earnings per share available to common stockholders increased 6% year over year to $1.13 per share.
•Adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA") increased 6% year over year to $387.2 million.
•During the second quarter, the Company repurchased and retired approximately 1.5 million common shares for total proceeds of $150.0 million.
•On July 21, 2026, the Company increased its quarterly cash dividend from $0.31 to $0.33 per common share.
2026 Financial Outlook
The Company has updated its full-year 2026 outlook for select financial data, as shown below:
(in millions, except percentages)Current OutlookPrior Outlook
GTV growth9% to 11%6% to 9%
Adjusted EBITDA$1,495 to $1,545$1,485 to $1,545
Full year tax rate (GAAP and adjusted)23% to 25%23% to 25%
Capital expenditures4$350 to $400$350 to $400
1 For information regarding RB Global's use and definition of certain measures, see “Key Operating Metrics” and “Non-GAAP Measures” sections in this news release.
2 All figures are presented in U.S. dollars.
3 For the second quarter of 2026 as compared to the second quarter of 2025.
4 Capital expenditures is defined as property, plant and equipment, net of proceeds on disposals, plus intangible asset additions.
RB Global, Inc. 1
Additional Financial and Operational Highlights
(Unaudited)
Three months ended June 30,Six months ended June 30,
(in millions, except percentages and per share data)20262025% Change20262025% Change
Service revenue933.4887.25 %1,831.11,739.75 %
Service revenue take rate20.0 %21.1 %(110)bps20.3 %21.7 %(140)bps
Inventory sales revenue$383.7$298.828 %$720.6$554.930 %
Inventory return22.812.484 %53.033.558 %
Inventory rate5.9 %4.1 %180bps7.4 %6.0 %140bps
Net income$143.6$109.731 %$279.2$223.025 %
Net income available to common stockholders132.099.533 %256.6202.427 %
Adjusted EBITDA387.2364.56 %749.9692.48 %
Diluted earnings per share available to common stockholders$0.71$0.5334 %$1.37$1.0926 %
Diluted adjusted earnings per share available to common stockholders$1.13$1.076 %$2.14$1.969 %
Revenue
(Unaudited)
Three months ended June 30,Six months ended June 30,
(in millions, except percentages)20262025% Change20262025% Change
Transactional seller revenue$239.2 $241.0 (1)%$480.5 $457.8 5 %
Transactional buyer revenue610.9 560.6 9 %1,188.41,117.36 %
Marketplace services revenue83.3 85.6 (3)%162.2164.6(1)%
Total service revenue933.4 887.2 5 %1,831.11,739.75 %
Inventory sales revenue383.7 298.8 28 %720.6554.930 %
Total revenue$1,317.1 $1,186.0 11 %$2,551.7 $2,294.6 11 %
For the Second Quarter:
•GTV increased 11% year over year to $4.7 billion, driven by strong Automotive performance and contributions from acquisitions. Automotive GTV increased year over year as unit volumes increased 11%, supported by net market share gains and higher average price per vehicle sold. GTV in the heavy equipment & transportation1 ("HE&T") sector increased year over year, driven primarily by acquisitions, partially offset by declines in transaction volumes driven by a more ca
May 4, 2026
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Exhibit 99.1 – News Release
RB Global reports first quarter 2026 results
WESTCHESTER, IL, May 4, 2026 – RB Global, Inc. (NYSE & TSX: RBA, the “Company”, “RB Global”, “we”, “us”, “their”, or “our”) reported the following results for the three months ended March 31, 2026.
"We delivered broad-based GTV growth across all our sectors, underscoring the strength of our growth strategy, the commitment of our teammates, and the value we deliver as trusted partners to our customers," said Jim Kessler, CEO of RB Global. "our focus remains on what we can control ensuring that we consistently overdeliver on our commitments, particularly in this fluid macroeconomic environment."
"Our topline momentum translated into earnings growth, reflecting the durability of our operating model and our disciplined execution across the business" said Eric J. Guerin, Chief Financial Officer.
First Quarter Financial Highlights1,2,3:
•Total gross transaction value ("GTV") increased 13% year over year to $4.3 billion.
•Total revenue increased 11% year over year to $1.2 billion.
•Service revenue increased 5% year over year to $897.7 million.
•Inventory sales revenue increased 32% year over year to $336.9 million.
•Net income increased 20% year over year to $135.6 million.
•Net income available to common stockholders increased 21% year over year to $124.6 million.
•Diluted earnings per share available to common stockholders increased 20% to $0.66 per share.
•Diluted adjusted earnings per share available to common stockholders increased 13% year over year to $1.01 per share.
•Adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA") increased 11% year over year to $362.7 million.
2026 Financial Outlook
The Company has updated its full-year 2026 outlook for select financial data, as shown below:
(in millions, except percentages)Current OutlookPrior Outlook
GTV growth6% to 9%5% to 8%
Adjusted EBITDA$1,485 to $1,545$1,470 to $1,530
Full year tax rate (GAAP and adjusted)23% to 25%23% to 25%
Capital expenditures4$350 to $400$350 to $400
1 For information regarding RB Global's use and definition of certain measures, see “Key Operating Metrics” and “Non-GAAP Measures” sections in this news release.
2 All figures are presented in U.S. dollars.
3 For the first quarter of 2026 as compared to the first quarter of 2025.
4 Capital expenditures is defined as property, plant and equipment, net of proceeds on disposals, plus intangible asset additions.
RB Global, Inc. 1
Additional Financial and Operational Highlights
(Unaudited)
Three months ended March 31,
(in millions, except percentages and per share data)20262025% Change
Service revenue897.7852.55 %
Service revenue take rate20.7 %22.3 %(160)bps
Inventory sales revenue$336.9$256.132 %
Inventory return30.221.143 %
Inventory rate9.0 %8.2 %80bps
Net income$135.6$113.320 %
Net income available to common stockholders124.6102.921 %
Adjusted EBITDA362.7327.911 %
Diluted earnings per share available to common stockholders$0.66$0.5520 %
Diluted adjusted earnings per share available to common stockholders$1.01$0.8913 %
Revenue
(Unaudited)
Three months ended March 31,
(in millions, except percentages)20262025% Change
Transactional seller revenue$241.3 $216.8 11 %
Transactional buyer revenue577.5 556.7 4 %
Marketplace services revenue78.9 79.0 — %
Total service revenue897.7 852.5 5 %
Inventory sales revenue336.9 256.1 32 %
Total revenue$1,234.6 $1,108.6 11 %
For the First Quarter:
•GTV increased 13% year over year to $4.3 billion, reflecting broad-based strength across all sectors and contributions from the inclusion of J.M. Wood and Smith Broughton. Growth in the Commercial Construction and Transportation ("CC&T") sector increased due to a higher average price per lot sold, driven primarily by improved mix and higher volumes. In the Automotive sector, GTV increased year over year due to higher average price per lot sold.
•Service revenue increased 5% year over year to $897.7 million, driven by higher GTV, partially offset by lower service revenue take rate. Service revenue take rate declined 160 basis points year over year to 20.7% driven by a larger proportion of higher average price per lot sold assets compared to the prior year, acquired businesses, and divestment of certain businesses.
•Inventory sales revenue increased 32% year over year to $336.9 million, partially due to the inclusion of J.M. Wood. Excluding the impact of this acquisition, inventory sales revenue increased from higher CC&T revenue, partially offset by lower Automotive revenue. The inventory rate increased 80 basis points year over year to 9.0%, primarily due to strong performance in the CC&T sector.
•Net income available to common stockholders increased to $124.6 million, primarily due to higher operating income, lower interest expense due to lower outstanding principal and lower variable i
Feb 17, 2026
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Document
Exhibit 99.1 – News Release
RB Global reports fourth quarter and full year 2025 results
WESTCHESTER, IL, February 17, 2026 – RB Global, Inc. (NYSE & TSX: RBA, the “Company”, “RB Global”, “we”, “us”, “their”, or “our”) reported the following results for the three months and year ended December 31, 2025.
“I am incredibly proud of what the RB Global team achieved in 2025,” said Jim Kessler, CEO of RB Global. “This year, we advanced our strategic priorities, enhanced our operating model, and delivered meaningful value for our customers, partners and shareholders.”
Commenting on the results, Eric J. Guerin, Chief Financial Officer, said, “I'm pleased with the financial discipline our teams demonstrated throughout 2025. We strengthened margins, delivered healthy cash flow, and continued to invest in strategic initiatives that support long-term growth and value creation.”
Fourth Quarter Financial Highlights1,2,3:
•Total gross transaction value (“GTV”) increased 4% year over year to $4.3 billion.
•Total revenue increased 5% year over year to $1.2 billion.
•Service revenue increased 5% year over year to $917.5 million.
•Inventory sales revenue increased 7% year over year to $285.9 million.
•Net income decreased 8% year over year to $109.4 million.
•Net income available to common stockholders decreased 8% year over year to $99.1 million.
•Diluted earnings per share available to common stockholders decreased 9% to $0.53 per share.
•Diluted adjusted earnings per share available to common stockholders increased 17% year over year to $1.11 per share.
•Adjusted earnings before interest, taxes, depreciation and amortization (“EBITDA”) increased 10% year over year to $379.6 million.
2026 Financial Outlook
The table below outlines the Company's outlook for select full-year 2026 financial data:
Year ended December 31, 2026
(in millions, except percentages)Low-EndHigh-End
GTV growth5%8%
Adjusted EBITDA$1,470$1,530
Full year tax rate (GAAP and Adjusted)23%25%
Capital Expenditures4$350$400
1 For information regarding RB Global's use and definition of certain measures, see “Key Operating Metrics” and “Non-GAAP Measures” sections in this news release.
2 All figures are presented in U.S. dollars.
3 For the fourth quarter of 2025 as compared to the fourth quarter of 2024.
4 Capital expenditures is defined as property, plant and equipment, net of proceeds on disposals, plus intangible asset additions.
Additional Financial and Operational Highlights
(Unaudited)
Three months ended December 31,Year ended December 31,
(in millions, except percentages and per share data)20252024% Change20252024% Change
Service revenue917.5875.55%3,502.23,363.64%
Service revenue take rate21.4 %21.3 %10bps21.6 %21.1 %50bps
Inventory sales revenue$285.9$266.17%$1,088.5$920.618%
Inventory return12.815.1(15)%57.956.82%
Inventory rate4.5 %5.7 %(120)bps5.3 %6.2 %(90)bps
Net income $109.4$118.4(8)%$427.6$412.84%
Net income available to common stockholders99.1107.8(8)%382.2372.73%
Adjusted EBITDA379.6346.010%1,399.71,302.77%
Diluted earnings per share available to common stockholders$0.53$0.58(9)%$2.04$2.011%
Diluted adjusted earnings per share available to common stockholders$1.11$0.9517%$4.00$3.4915%
Revenue
(Unaudited)
Three months ended December 31,Year ended December 31,
(in millions, except percentages)20252024% Change20252024% Change
Transactional seller revenue$255.2 $243.5 5 %$928.8 $939.4 (1)%
Transactional buyer revenue577.2 544.8 6 %2,238.3 2,067.1 8 %
Marketplace services revenue85.1 87.2 (2)%335.1 357.1 (6)%
Total service revenue917.5 875.5 5 %3,502.2 3,363.6 4 %
Inventory sales revenue285.9 266.1 7 %1,088.5 920.6 18 %
Total revenue$1,203.4 $1,141.6 5 %$4,590.7 $4,284.2 7 %
For the Fourth Quarter:
•GTV increased 4% year over year to $4.3 billion with growth primarily in the commercial construction and transportation (“CC&T”) and automotive sectors. Growth in the CC&T sector was partially driven by the inclusion of J.M. Wood Auction Co., Inc (“J.M. Wood”). Excluding the impact of this acquisition, CC&T GTV increased due to a higher average price per lot sold, driven primarily by improved mix, and higher volumes. In the automotive sector, GTV increased due to year-over-year market share gains, as well as growth in lot volume from existing partners. The average price per vehicle sold in the automotive sector increased due to strength in U.S. insurance vehicles, partially offset by a higher mix of remarketed vehicles compared to the prior‑year period and the non-recurrence of significant catastrophic events in the prior year.
•Service revenue increased 5% year over year to $917.5 million as a result of a higher average service revenue take rate and higher GTV. Service revenue take rate expanded 10 basis points year over year to 21.4%, primarily driven by a higher buyer fee rate structure.
•Inventory sales reve
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