RB Global, Inc.

RB Global, Inc.

RBAยทNYSE

$102.18

-2.5%
IndustrialsSpecialty Business Services

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; Xcira that provides live simulcast auction technologies; and Veritread, an online marketplace for heavy haul transport solution. The company serves customers across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. RB Global, Inc. was founded in 1958 and is headquartered in Westchester, Illinois.

At a Glance

Live Snapshot
Market Cap$19.04B
EPS2.0900
P/E Ratio48.89
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 48.9).

Valuation inputs: P/E 48.9, earnings yield +2.0%, momentum -2.5%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +7.2%, ROIC +6.1%).

Profitability stack: net margin +9.3%, ROE +7.2%, ROIC +6.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +50.0%, momentum -2.5%, net margin +9.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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RB Global, Inc. Market vs Earnings Trajectory

RBA ยท NYSE

Loading price and EPS data...

RB Global, Inc.

RB Global, Inc. Fair Value Envelope

RBA ยท NYSE

Our analysis suggests that RBA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $102.18, this represents a potential HIDDEN relative to our calculated worth for RB Global, Inc..

Intrinsic Value
Current Price: $102.18
3Y-28.0%
5Y+34.0%
10Y+143.0%
3Y+169.0%
5Y+239.0%
10Y+314.0%
3Y+36.0%
5Y+156.0%
10Y+375.0%
3Y+115.0%
5Y+286.0%
10Y+461.0%
3Y+87.0%
5Y+241.0%
10Y+419.0%
3Y+323.0%
5Y+415.0%
10Y+658.0%
RB Global, Inc.

RB Global, Inc. Profit Bridge

RBA ยท NYSE
Revenue4.67B
Cost of Goods Sold (3.00B)
Gross Profit1.67B
Operating Expenses (849.21M)
Operating Income824.99M
Interest Expense (194.95M)
Other Income/Expense-280.02M
Pretax Income544.98M
Income Tax (109.89M)
Net Income435.90M
Net Income
435.90M

Profitability Analysis

Gross Margin

35.8%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

17.7%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

9.3%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

20.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

35.84%
Gross Profit Margin
-23%
3Y-35.0%
5Y-35.0%
10Y-19.0%
17.66%
Operating Profit Margin
-1%
3Y-32.0%
5Y-8.0%
10Y+47.0%
9.33%
Net Profit Margin
-3%
3Y-49.0%
5Y-24.0%
10Y+15.0%
7.21%
Return on Equity
3Y-71.0%
5Y-57.0%
10Y-46.0%
3.60%
Return on Assets
3%
3Y-68.0%
5Y-50.0%
10Y-37.0%
6.09%
Return on Invested Capital
16%
3Y-64.0%
5Y-40.0%
10Y-14.0%
RBA

RB Global, Inc. Cash Conversion Engine

RBA ยท NYSE
Net Income435.90M
Depreciation & Amortization654.97M
Stock-Based Compensation76.70M
Change in Working Capital-138.58M
Others20.54M
Capital Expenditures-263.53M
Free Cash Flow731.79M

Cash Flow Quality Analysis

FCF Conversion Rate

167.9%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

26.5%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+11.7%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$138.58M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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RB Global, Inc. Funding & Solvency Profile

RBA ยท NYSE
Cash & Cash Equivalents667.20M
Net Receivables894.80M
Inventory119.10M
Other Current Assets407.40M
Total Current Assets2 B
Property, Plant & Equipment3.10B
Goodwill & Intangible Assets7.05B
Long-Term Investments0.00
Other Non-Current Assets149.70M
Total Non-Current Assets3 B
Total Assets
12.40B

Financial Health Analysis

Current Ratio

1.14x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

1.03x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

253 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

17% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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RB Global, Inc. Street Expectations Map

RBA ยท NYSE

Wall Street analysts project that RBA stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 124.00, with estimates ranging from a low of 124.00 to a high of 124.00.

Lowest Target
124.00
21.35%
Consensus Target
124.00
21.35%
Highest Target
124.00
21.35%

The consensus 1-year price target stands at 124.00, with estimates ranging from a low of 124.00 to a high of 124.00.

Analyst Consensus Analysis

Upside Potential

+21.4%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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RB Global, Inc. Insider Positioning

RBA ยท NYSE

During the last 12 months, insiders have purchased $185K and sold $9.36M worth of RBA shares, resulting in $9.18M of net selling activity.

3 Months

Bought

825

83.33K

Sold

140

15.40K

Net Activity

+68K

+$68K

3-6 Months

Bought

0

0.00

Sold

20.7K

2.39M

Net Activity

-2.4M

-$2.39M

6-9 Months

Bought

1.0K

101.26K

Sold

2.2K

254.14K

Net Activity

-153K

-$153K

9-12 Months

Bought

0

0.00

Sold

61.3K

6.71M

Net Activity

-6.7M

-$6.71M

Top Buyers

1
SD

Stein Deborah

Director

1.8K sharesโ€ข3 transactions

$185K

Top Sellers

1
KJF

Kessler James Francis

Officer: Chief Executive Officer

66.4K sharesโ€ข2 transactions

$7.41M

2
WDJ

Watt Darren Jeffrey

Officer: Chief Legal Officer

14.8K sharesโ€ข3 transactions

$1.60M

3
LMTS

Lewis Michael Thomas Steven

Officer: Chief Operations Officer

2.2K sharesโ€ข1 transactions

$254K

4
DA

Dewitt Adam

Director

800 sharesโ€ข1 transactions

$85K

5
CC

Carlson Christopher

Officer: Chief Accounting Officer

140 sharesโ€ข1 transactions

$15K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $9.18M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.02:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$68K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Selling

5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

0.37%
Dividend Yield
5%
3Y-84.0%
5Y-1.0%
10Y-21.0%
ย 

rba Dividend History

RBA
10Y CAGR +6%
Latest $0.31
Annual $1.53
5 year growth trend
Last Period: +0%