RB Global, Inc. (RBA) AI Stock Analysis

NYSE: RBAAI research summary: business, growth, valuation, analysts, bull and bear case.

RBA AI stock analysis summary

AI Research

RB Global, Inc. (RBA) operates omnichannel marketplaces for commercial assets and vehicles, including Ritchie Bros. and IAA. In FY2025, revenue rose 9.0% to $4.67B while free cash flow reached $731.8M. However, the stock has declined 14.9% over the past year and trades at a trailing P/E of 36.3x.

Market cap
$15.71B
Revenue (TTM)
$4.85B
P/E
36.3x
fwd 17.1x
1Y return
-14.9%
S&P 500 16.8%
Avg. target
$128.82
52.8% vs last close

Bull case

  • Free cash flow reached $731.8M in FY2025, providing strong support for operations and capital returns.
  • Quarterly earnings growth accelerated to 34.0% year-over-year in the quarter ended June 30, 2026.
  • Wall Street analysts set a mean price target of $128.82, implying 52.8% upside from the last closing price of $84.30.

Bear case

  • Gross margin experienced a steady decline from 57.4% in FY2021 down to 35.8% in FY2025.
  • The balance sheet carries $2.94B in total debt and $2.42B in net debt as of June 30, 2026.
  • The stock price fell 17.3% year-to-date and trades 16.0% below its 200-day moving average.

What RB Global does

RB Global, Inc. operates an omnichannel marketplace providing 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; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse for asset management and intelligence benchmarking; SmartEquip for equipment lifecycle management; and Veritread for heavy haul transport solutions. The company also provides appraisals, inspections, financing, logistics, catastrophe response, and title services, while operating as a digital dealer. Customers span the automotive, commercial transportation, construction, government surplus, material handling, energy, mining, and agriculture sectors.

Growth and profitability

Revenue expanded from $1.42B in FY2021 to $4.67B in FY2025, achieving a 5-year revenue CAGR of 27.7%. Top-line growth jumped 112.2% in FY2023 before moderating to 16.4% in FY2024 and 9.0% in FY2025. Gross margin contracted from 57.4% in FY2021 to 35.8% in FY2025, while operating margin stood at 17.7% in FY2025. Annual net income reached $435.9M in FY2025, translating to diluted EPS of $4.00. For the trailing twelve months ended June 30, 2026, revenue totaled $4.85B. In the latest quarter ended June 30, 2026, quarterly revenue grew 11.1% year-over-year, and quarterly earnings grew 34.0%.

RBA income statement →

Balance sheet and cash flow

As of June 30, 2026, RB Global held $524.9M in cash and short-term investments against $2.94B in total debt, resulting in net debt of $2.42B. Shareholders' equity was $6.05B, corresponding to a debt-to-equity ratio of 0.49 and a current ratio of 1.31. In FY2025, the business generated $995.3M in operating cash flow and $731.8M in free cash flow. Capital allocation in FY2025 included $263.5M in capital expenditures and $262.6M in dividends paid, alongside $50.5M from share issuance.

RBA balance sheet →

Valuation and performance

RB Global trades at a trailing P/E of 36.3x, compared to 24.8x for the median of its US-listed Industrials peers. Its forward P/E of 17.1x is in line with the peer median of 17.2x. The company carries an EV/EBITDA multiple of 13.7x and a price-to-sales ratio of 3.2x, versus peer medians of 13.9x and 1.5x, respectively. Over the past year, the stock fell 14.9%, underperforming the 16.8% return of the S&P 500 index. Over five years, the stock gained 39.1% compared to 83.0% for the S&P 500.

RBA key metrics →

RBA dividend

RB Global pays a quarterly dividend with an annualized forward rate of $1.32 per share, yielding 1.57% at a payout ratio of 30.5%. The company has paid dividends for 24 consecutive years, delivering a 5-year annualized dividend growth rate of 7.4%. Its last ex-dividend date was August 25, 2026.

RBA dividend history →

What analysts expect

Wall Street analysts track RB Global with 6 Strong Buy, 5 Buy, and 1 Hold ratings, with no Sell or Strong Sell recommendations. The mean price target is $128.82, which is 52.8% above the last close of $84.30. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $4.37 on revenue of $5.02B. The company beat EPS estimates in all 4 of the last 4 quarters, and its next earnings date is November 9, 2026.

RBA forecast and price target →

Key risks and what to watch

  • Short interest represents 11.8% of the float, reflecting elevated negative market sentiment.
  • Share count increased 67.4% over five years, highlighting past equity dilution.
  • A trailing P/E of 36.3x exceeds the sector peer median of 24.8x, posing valuation risk.
  • Servicing $2.94B in total debt requires sustained operating cash generation.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this RBA AI stock analysis

This page is an AI-written research summary of RB Global, Inc. (RBA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: RBA income statement, RBA balance sheet, RBA key metrics, RBA analyst forecast, RBA chart. See the RBA stock overview for the latest quote and news.

RBA AI stock analysis FAQ

What is RB Global's dividend yield and payment track record?

RB Global offers a forward dividend yield of 1.57% based on an annual dividend of $1.32. The company has paid dividends for 24 consecutive years and maintains a payout ratio of 30.5%.

What are RB Global's key valuation multiples?

RB Global trades at a trailing P/E of 36.3x, a forward P/E of 17.1x, and an EV/EBITDA of 13.7x, with an enterprise value of $19.96B.

How much debt does RB Global have on its balance sheet?

As of June 30, 2026, RB Global carried $2.94B in total debt and $524.9M in cash and short-term investments, resulting in net debt of $2.42B and a debt-to-equity ratio of 0.49.

When is RB Global's next earnings announcement?

The company's next earnings report is scheduled for November 9, 2026. Analysts project full-year FY2026 revenue of $5.02B and EPS of $4.37.

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