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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
37.1×
trailing when available, otherwise FY EPS
Market cap
$15.66B
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 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin15.5%
80th percentile of 605
Net margin9.3%
73rd percentile of 645
FCF margin15.7%
86th percentile of 562
Revenue growth (YoY)+7.2%
58th percentile of 668
P/E37.1×
75th percentile of 435
Short interest5.29d
77th percentile of 676

Rb Global’s FCF margin of 15.7% ranks in the 86th percentile of the 562 Industrials companies reporting it.

1 reported insider purchase (code P) totaling $100,488 in the last 90 days, against 1 sale totaling $17,250. 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.

Buys (90d)
1
1 insider
Bought (90d)
$100K
code P value
Sells (90d)
1
$17K
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-24
filed 2026-08-25
Harford ChloeDirectorBuy1.2K$83.74$100K
2026-06-25
filed 2026-06-26
Carlson ChristopherChief Accounting OfficerSell150$115.00$17K
2026-05-19
Stein DeborahDirectorBuy425$103.15$44K
2026-05-05
filed 2026-05-06
Carlson ChristopherChief 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
13.7M
settled 2026-08-14
Change vs prior
+3.8%
vs previous settlement
Days to cover
5.29
at avg daily volume
Avg daily volume
2.6M
FINRA reported
SettlementShares shortChangeDays to cover
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
2026-05-2912.6M+13.6%12.26
2026-05-1511.1M+2.1%9.63
2026-04-3010.9M+6.0%10.16

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 (hover to see the figure as 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$1.07B

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 (hover to see the figure as 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$719.2M$764.6M$316.1M$431.1M$307.8M

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 (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.32B11.1%$143.5M$0.71
Q1 FY2026$1.23B11.4%$135.5M$0.66
Q4 FY2025$1.20B5.4%$109.7M$0.59
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 FY2024$1.14B9.7%$118.5M$0.64
Q3 FY2024$981.8M-3.7%$76.1M$0.36

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

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-K2026-08-04
View on EDGAR →
8-K2026-05-18
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.