RB Global (NYSE:RBA) Posts Earnings Results

RB Global (NYSE:RBA) (TSE:RBA) announced its quarterly earnings data on Tuesday. The business services provider reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.12, Briefing.com reports. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.17 billion. RB Global had a net margin of 9.33% and a return on equity of 11.20%. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.95 EPS.

Here are the key takeaways from RB Global’s conference call:

• Adjusted EBITDA increased 10% in Q4 (margin expanded to 8.9% from 8.4%) on 4% GTV growth, and adjusted EPS rose 17% in Q4 (15% for the full year), highlighting operating leverage and tight cost management.
• 2026 guidance targets 5–8% GTV growth and Adjusted EBITDA of $1.47–$1.53 billion (~7% growth at midpoint), with CapEx of $350–$400 million and an expected GAAP/adjusted tax rate of 23–25%.
• Management signed a multi‑year renewal with one of its two largest automotive partners and reached an agreement in principle with the other, and sees a robust RFP pipeline that could drive incremental market‑share gains.
• The company is rolling out technology initiatives — including the IAA Total Loss Predictor, AI-enabled training for territory managers, and a reserved auction format internationally — which should improve routing, pricing and productivity but will take time to scale and could pressure near‑term take rates.
• Strong cash generation (nearly $1B from operations in 2025), a 1.4x net debt/Adjusted EBITDA ratio at year‑end, and a capital‑allocation focus on debt reduction, tuck‑in M&A, dividends and potential buybacks under board review.

RB Global Trading Up 3.3%

NYSE:RBA opened at $107.48 on Thursday. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 52.69, a price-to-earnings-growth ratio of 1.95 and a beta of 0.54. RB Global has a one year low of $87.87 and a one year high of $119.58. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.15 and a current ratio of 1.23. The business’s 50-day simple moving average is $109.31 and its 200 day simple moving average is $107.77.

RB Global Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 9th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, February 9th. RB Global’s payout ratio is presently 59.33%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Raymond James Financial lifted their price objective on RB Global from $135.00 to $145.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. National Bank Financial raised shares of RB Global from a “sector perform” rating to an “outperform” rating and set a $124.00 price target on the stock in a research report on Monday, November 24th. Wall Street Zen downgraded shares of RB Global from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Bank of America reduced their target price on shares of RB Global from $120.00 to $114.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Finally, BMO Capital Markets increased their price target on RB Global from $135.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, RB Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.29.

Insider Activity

In other news, CEO James Francis Kessler sold 20,742 shares of the stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $115.00, for a total transaction of $2,385,330.00. Following the completion of the transaction, the chief executive officer directly owned 107,569 shares in the company, valued at approximately $12,370,435. This represents a 16.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 4.32% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in RBA. Mercer Global Advisors Inc. ADV raised its stake in shares of RB Global by 43.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,202 shares of the business services provider’s stock valued at $638,000 after purchasing an additional 1,865 shares in the last quarter. Mackenzie Financial Corp increased its holdings in RB Global by 27.5% in the fourth quarter. Mackenzie Financial Corp now owns 950,270 shares of the business services provider’s stock valued at $99,285,000 after buying an additional 205,053 shares during the last quarter. NewEdge Advisors LLC increased its holdings in RB Global by 508.0% in the fourth quarter. NewEdge Advisors LLC now owns 4,937 shares of the business services provider’s stock valued at $508,000 after buying an additional 4,125 shares during the last quarter. Zurich Insurance Group Ltd FI acquired a new stake in RB Global during the fourth quarter valued at approximately $1,814,000. Finally, Wellington Management Group LLP lifted its holdings in RB Global by 9.6% during the 4th quarter. Wellington Management Group LLP now owns 2,140,399 shares of the business services provider’s stock worth $220,653,000 after buying an additional 187,683 shares during the last quarter. 95.37% of the stock is owned by institutional investors and hedge funds.

RB Global Company Profile

RB Global, Inc, an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution.