RB Global (NYSE:RBA) Announces Quarterly Earnings Results

RB Global (NYSE:RBA) (TSE:RBA) posted its quarterly earnings data on Monday. The business services provider reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.04, Briefing.com reports. RB Global had a net margin of 9.55% and a return on equity of 12.39%. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the business posted $0.89 earnings per share. RB Global’s quarterly revenue was up 11.4% on a year-over-year basis.

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

• Q1 results showed GTV +13% to $4.3B, adjusted EBITDA +11% and adjusted EPS +13%, and management raised 2026 guidance to GTV growth of 6–9% and adjusted EBITDA growth ~8% (guidance excludes BigIron).
• HSR approval received for the BigIron transaction, with management expecting to close in Q2, advancing the company’s strategy to expand into agriculture and complementary sectors.
• Automotive performance was strong—GTV +7%, unit volumes +1% and U.S. insurance ASPs up ~10%—driven by marketplace improvements and a newly executed agreement with a large partner that supports market share gains.
• Commercial construction & transportation GTV rose 27% (?16% ex-acquisitions) as pent-up supply and auction-calendar timing boosted activity, and management is cautiously optimistic about continued recovery despite expected lumpiness.
• Service revenue increased 5% but the service revenue take rate declined 160 bps to 20.7% due to higher-ASP mix and acquisition/divestment effects, while adjusted EBITDA grew faster (11%) reflecting cost discipline and inventory returns.

RB Global Stock Performance

NYSE RBA traded up $0.51 during trading hours on Wednesday, hitting $107.04. 143,050 shares of the stock were exchanged, compared to its average volume of 1,381,677. The company has a quick ratio of 1.02, a current ratio of 1.10 and a debt-to-equity ratio of 0.41. The company has a market cap of $19.90 billion, a price-to-earnings ratio of 49.72, a price-to-earnings-growth ratio of 1.60 and a beta of 0.57. RB Global has a 12-month low of $93.58 and a 12-month high of $119.58. The stock has a 50-day moving average of $100.87 and a 200 day moving average of $103.41.

RB Global Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Wednesday, May 27th will be paid 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 is Wednesday, May 27th. RB Global’s payout ratio is 60.78%.

Insiders Place Their Bets

In other RB Global news, Director Deborah Stein acquired 400 shares of the stock in a transaction on Wednesday, March 18th. The shares were bought at an average price of $98.74 per share, with a total value of $39,496.00. Following the acquisition, the director owned 1,400 shares of the company’s stock, valued at $138,236. This trade represents a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of RB Global

Several hedge funds have recently modified their holdings of the business. State of Wyoming acquired a new position in RB Global during the second quarter worth $46,000. Geneos Wealth Management Inc. lifted its holdings in RB Global by 21.9% in the first quarter. Geneos Wealth Management Inc. now owns 540 shares of the business services provider’s stock valued at $54,000 after acquiring an additional 97 shares during the period. NewEdge Advisors LLC boosted its position in shares of RB Global by 53.1% during the 1st quarter. NewEdge Advisors LLC now owns 588 shares of the business services provider’s stock worth $59,000 after purchasing an additional 204 shares in the last quarter. Sfam LLC purchased a new stake in shares of RB Global during the 4th quarter worth $82,000. Finally, Harvest Fund Management Co. Ltd grew its stake in shares of RB Global by 437.2% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 779 shares of the business services provider’s stock worth $84,000 after purchasing an additional 634 shares during the period. 95.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on RBA. Royal Bank Of Canada raised their price target on RB Global from $146.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday. Stephens reaffirmed an “equal weight” rating and set a $96.00 price objective on shares of RB Global in a research note on Tuesday. BMO Capital Markets reaffirmed an “outperform” rating and set a $135.00 price objective (up from $130.00) on shares of RB Global in a research report on Tuesday. Raymond James Financial lifted their target price on RB Global from $135.00 to $145.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Finally, Weiss Ratings raised RB Global from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, RB Global presently has a consensus rating of “Moderate Buy” and an average target price of $125.00.

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.