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NYSE · Industrials

Rb Global Inc. (RBA)

As-reported financials and SEC filings for Rb Global Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Rb Global Inc.

RB Global Inc. operates a global marketplace for buying and selling commercial assets and vehicles across various sectors including automotive, construction, commercial transportation, government surplus, energy, mining, and agriculture. Its main brands include Ritchie Bros., a large auctioneer of commercial assets, and IAA, a digital marketplace for vehicle transactions. The company serves customers such as automobile insurance companies, dealers, fleet owners, and original equipment manufacturers primarily in the United States, Canada, Australia, and Europe.

Snapshot

Revenue
$4.59B
Revenue growth (YoY)
7.2%
Net income
$428.4M
Diluted EPS
$2.04
Gross margin
—
Operating margin
15.5%
Net margin
9.3%
FCF margin
15.7%
ROE
—
net income / fiscal-year-end equity
P/E
36.3×
trailing when available, otherwise FY EPS
Market cap
$15.61B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Rb Global

  • Revenue grew 7.2% to $4.6B in FY2025, slower than the 16.4% the year before.
  • Operating margin is 15.5% in FY2025, -1.5 pp against 17.0% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $1.3B, up 11.1% from Q2 FY2025.
  • Free cash flow was $719M in FY2025, 15.7% of revenue.
  • Net income rose 3.7% to $428M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Rb Global’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin15.5%
79th percentile of 598
Net margin9.3%
73rd percentile of 630
FCF margin15.7%
86th percentile of 546
Revenue growth (YoY)+7.2%
57th percentile of 652
P/E36.3×
79th percentile of 406
Short interest9.70d
95th percentile of 661

Rb Global’s FCF margin of 15.7% ranks in the 86th percentile of the 546 Industrials companies reporting it.

3 reported insider purchases (code P) totaling $140,942 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+4 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
5
2 trimmed, 3 exited
Combined position
$52.7M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$20.2M173.3KAdded
Gotham Asset ManagementQ2 2026$15.7M134.5KReduced
Two Sigma InvestmentsquantQ2 2026$8.9M76.6KReduced
AQR Capital ManagementquantQ2 2026$6.7M58.0KAdded
D. E. ShawquantQ2 2026$1.2M10.6KNew

No longer held by: Bridgewater Associates (as of Q2 2026), Citadel Advisors (as of Q2 2026), Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
3
2 insiders
Bought (90d)
$141K
code P value
Sells (90d)
0
—
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-09-09
filed 2026-09-10
Deborah SteinDirectorBuy300$81.14$24K
2026-09-09
filed 2026-09-10
Deborah SteinDirectorBuy200$80.56$16K
2026-08-24
filed 2026-08-25
Chloe HarfordDirectorBuy1.2K$83.74$100K
2026-06-25
filed 2026-06-26
Christopher CarlsonChief Accounting OfficerSell150$115.00$17K
2026-05-19
Deborah SteinDirectorBuy425$103.15$44K
2026-05-05
filed 2026-05-06
Christopher CarlsonChief Accounting OfficerSell140$110.00$15K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
16.5M
settled 2026-09-30
Change vs prior
+2.7%
vs previous settlement
Days to cover
9.70
at avg daily volume
Avg daily volume
1.7M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3016.5M+2.7%9.70
2026-09-1516.0M+8.8%9.85
2026-08-3114.7M+7.9%7.05
2026-08-1413.7M+3.8%5.29
2026-07-3113.2M-1.7%14.15
2026-07-1513.4M+8.9%13.16
2026-06-3012.3M-3.3%8.47
2026-06-1512.7M+0.6%13.35

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.59B$4.28B$3.68B$1.73B$1.42B
Gross profit—————
Operating income$713.4M$761.2M$471.3M$453.5M$241.0M
Net income$428.4M$413.1M$206.5M$319.7M$151.9M
Diluted EPS$2.04$2.01$1.04$2.86$1.36

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$531.5M$533.9M$576.2M$494.3M$326.1M
Current assets$1.78B$1.71B$1.81B$963.1M$762.2M
Total assets$12.14B$11.81B$12.04B$2.86B$3.59B
Current liabilities$1.62B$1.33B$1.34B$795.2M$588.4M
Long-term debt$2.28B$2.62B$3.06B$577.1M$1.73B
Total liabilities$6.08B$6.09B$6.53B$1.57B$2.52B
Total equity$5.57B$5.23B$5.02B$1.29B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$978.2M$932.0M$544.0M$463.1M$317.6M
Capital expenditure$259.0M$167.4M$227.9M$32.0M$9.8M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.32B11.1%$143.5M$0.71
Q1 FY2026$1.23B11.4%$135.5M$0.66
Q4 FY20255.4%
Q3 FY2025$1.09B11.3%$95.5M$0.43
Q2 FY2025$1.19B8.2%$109.8M$0.53
Q1 FY2025$1.11B4.1%$113.4M$0.55
Q4 FY20249.7%
Q3 FY2024$981.8M-3.7%$76.1M$0.36

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK1046102

Selected SEC filings

10-K2026-02-25
View on EDGAR →
10-K2025-02-26
View on EDGAR →
10-Q2026-08-04
View on EDGAR →
10-Q2026-05-04
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
10-Q2025-08-06
View on EDGAR →
8-K2026-10-08
View on EDGAR →
8-K2026-09-15
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.