RB Global Inc

RB Global Inc

RBA

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Market Cap$20.6B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
RB Global IncRB Global Inc45.71.09%7%4.30.7

Earnings Call Q1 2026

May 4, 2026 - AI Summary

Strong Q1 performance; growth + leverage (good/surprising) - GTV (Gross Transaction Value) +13% YoY to $4.3B; Adjusted EBITDA +11% (management highlights “operating model durability” and profit flow-through). - Service Revenue +5%, but service revenue take rate down 160 bps YoY to 20.7% (explained as “optical” effects from higher ASP mix and buyer fee tiering; higher ASP can reduce % take rate while increasing total dollars). - Adjusted EPS +13% driven by higher operating income and lower net interest expense. - Positive: exceeded service-level commitments again; ongoing SG&A discipline (cost of service described as flat while GTV up).
Raising 2026 outlook (forecast/opportunity) - 2026 guidance raised: GTV growth of ~6%–9% for the full year. - Adjusted EBITDA growth ~8% at the midpoint. - Guidance explicitly does not include BigIron yet (BigIron expected to close in Q2 after HSR approval). - Management frames 2026 as volume-led growth, with continued focus on cost savings, technology to improve yard efficiency, and operating leverage.
Segment momentum: Auto resilient + CC&T strong, but with timing/lumpiness - Automotive: GTV +7% YoY driven by ~6% higher average selling price and +1% unit volumes (5th straight quarter of unit outperformance vs broader market). - Total-loss dynamics: CCC Intelligent Solutions cited total loss frequency up 70 bps to 23.6% YoY (supports the broader insurance/claims economics). - Surprising/important nuance: unit growth moderated partly due to auction calendar timing at the start of the year; also Middle East disruption affected partners/buyers, but management expects to manage it within guidance. - Commercial Construction & Transportation (CC&T): GTV +27% YoY. - Excluding acquisitions, CC&T GTV up ~16% (notably strong early-year auction calendar contribution from acquired businesses). - Management expects early, uneven signs of pent-up supply returning, but not smooth quarter-to-quarter—lumpiness exists due to when sellers choose to dispose.

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$124.00

Target Price by Analysts

14.3% upsideRB Global Target Price DetailsTarget Price
$341.07

Current Fair Value

214.5% upside

Undervalued by 214.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$20.60 Billion
Enterprise Value$24.03 Billion
Dividend Yield$1.24 (1.09%)
Earnings per Share$2.09
Beta0.56
Outstanding Shares186,000,000

Return

Return on Equity7.41%ROE
Return on Assets3.65%
Return on Invested Capital7.50%

Valuation & Multiples

P/E Ratio45.75P/E Ratio
PEG234.74PEG
Price to Sales4.34Price to Sales
Price to Book Ratio3.39Price to Book Ratio
Enterprise Value to Revenue5.05
Enterprise Value to EBIT30.25
Enterprise Value to Net Income53
Total Debt to Enterprise0.18
Debt to Equity0.7Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 6, 2026
EPS Estimate
$0.97
Average shareholder expectation
Revenue Estimate
$1.13 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 5, 2026
EPS Estimate
$1.15
Average shareholder expectation
Revenue Estimate
$1.19 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.2444 42.69%
Total Calls89,600 22.07%
Total Puts111,500 18.62%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %96.01% 1.06%
Total Invested$17.09B 5.84%
Investors Holding548 2.00%

ESG Score

No data

About Ritchie Bros Auctioneers Inc

2,200 employees
CEO: Ann Fandozzi

Established in 1958, Ritchie Bros. is a global asset management and disposition company, oQering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, inclu...

Relevant Senate Committees

Joint Committee on Taxation

As an integral part of the tax-writing process, this committee's analysis and 'scoring' of tax legislation directly influence corporate tax structures and capital investment credits. These factors profoundly impact the financial decisions of RB Global and its customers regarding equipment acquisition and disposition.

Finance

This powerful committee controls taxation and trade policy. Corporate tax rates, depreciation rules, and trade tariffs directly impact RB Global's profitability, the capital investment decisions of its clients, and the cost of new vs. used equipment, making it highly relevant.

Appropriations

This committee directly allocates discretionary federal spending. Its decisions determine the funding for infrastructure projects, defense programs, and other government initiatives that drive demand for heavy equipment and generate assets for disposition, directly affecting RB Global's market.

Agriculture, Nutrition, and Forestry

RB Global operates significantly in the agriculture sector. The Farm Bill and policies impacting agricultural businesses directly affect the financial well-being of farmers and agribusinesses, who are key customers for buying and selling equipment through RB Global.

Banking, Housing, and Urban Affairs

RB Global offers equipment financing and leasing through Ritchie Bros. Financial Services. This committee's regulation of the financial system, including bank capital requirements and lending practices, directly impacts RB Global's financing arm and its customers' access to capital.

Energy and Natural Resources

RB Global operates extensively in the energy (oil and gas) and mining sectors. Policies related to national energy, public lands, and resource extraction directly impact the activity and asset values of their key clients and the types of equipment they manage.

Environment and Public Works

This committee drives infrastructure spending, which directly influences demand for heavy equipment in construction and transportation, core sectors for RB Global's asset disposition business. Regulatory costs for industries like energy and mining, also serviced by RB Global, are also relevant.