RB Global (RBA) AI Stock Analysis

• Market Cap: $27.82B
• Dividend Yield: 1.06%
• Average Volume (3M): 420.55K
• Price to Earnings (P/E): 52.9
• Beta (1Y): 0.88
• Revenue Growth: 5.58%
• EPS Growth: 27.23%
• Country: CA
• Employees: 7,900
• Sector: Industrials
• Sector Strength: 93
• Industry: Specialty Business Services
• EPS (TTM): 1.24
• Shares Outstanding: 185,191,770
• 10 Day Avg. Volume: 229,111
• 30 Day Avg. Volume: 420,554
• PEG Ratio: 30.73
• Price to Book (P/B): 3.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 29.56
• Enterprise Value/Market Cap: 0.85
• Enterprise Value/Revenue: 1.56
• Enterprise Value/Gross Profit: 11.82
• Enterprise Value/Ebitda: 4.37
• 1Y Price Target: $163.71
• Price Target Upside: 10.64% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 74 Outperform
• Price Target: C$168.00 ▲(13.54%Upside)

RB Global's overall stock score of 74 reflects its strong financial performance and strategic acquisition, which bolster growth prospects. However, the high P/E ratio suggests potential overvaluation, and technical indicators show near overbought conditions. The mixed earnings call results, with sector-specific challenges, also impact the score.

Positive Factors

Acquisition Impact

The auto vertical, new to RB following its acquisition of IAA, is where momentum is seen and there is more runway.

Financial Performance

Q4/24 results included a revenue increase of 10% to $1.1 billion with a 13% increase in adjusted EBITDA to $346 million on a 2% increase in GTV to $4.1 billion.

Partnership Expansion

RB announced it has been selected as the sole salvage partner of Direct Line Group in the UK, adding to its growing presence.

Negative Factors

Consignor Hesitancy

Consignors continue to be hesitant to bring used equipment to auction preferring to take a wait and see attitude due to uncertainty in select segments of the economy and potential tariffs.

Economic Uncertainty

In the CC&T end markets, RBA’s customers and enterprise partners continue to exercise caution amid ongoing economic uncertainty.

Market Dynamics

There is uncertainty on how tariffs ultimately impact the total loss ratio, with steel prices influencing market dynamics.

RB Global Business Overview & Revenue Model

Company Description

RB Global Inc., operating under the ticker symbol RBA, is a leading global asset management and disposition company. It specializes in the sale of industrial equipment and other durable assets, serving sectors such as construction, transportation, agriculture, energy, and more. The company provides a comprehensive range of services to its clients, including auctions, private treaty sales, and asset management solutions, enabling businesses to effectively manage and monetize their equipment and other assets.

How the Company Makes Money

RB Global makes money primarily through its auction and sales services, where it facilitates the buying and selling of industrial equipment and durable assets. The company generates revenue by charging sellers a commission fee based on the sale price of items auctioned through its platforms. Additionally, it earns income from value-added services such as inventory management, appraisals, and financing solutions. RB Global also benefits from its online marketplace, which extends its reach and offers a digital sales channel for transactions. Strategic partnerships and collaborations with industry leaders enhance its service offerings and contribute to its revenue growth.

RB Global Financial Statement Overview

Summary

RB Global exhibits strong financial performance with robust revenue growth, solid profitability margins, and efficient cash flow management. While the balance sheet shows a balanced leverage, the high debt level requires careful monitoring.

Income Statement

RB Global has demonstrated strong revenue growth, with a remarkable increase from $1.73 billion in 2022 to $4.33 billion in TTM (Trailing-Twelve-Months) 2025. The gross profit margin remains robust at 46.2% TTM. Net profit margin improved to 9.7% TTM, indicating enhanced profitability. EBIT and EBITDA margins are solid at 17.4% and 31.9% TTM respectively. The consistent revenue growth trajectory and healthy margins reflect a sound income statement performance.

Balance Sheet

The balance sheet is stable with a debt-to-equity ratio of 0.74 TTM, indicating a balanced leverage position. The equity ratio is healthy at 48.5% TTM, providing a strong equity base. ROE has improved to 7.3% TTM, showcasing effective use of equity to generate profits. However, a high total debt level at $4.25 billion TTM could pose risks if not managed prudently.

Cash Flow

The cash flow statement is strong, with operating cash flow to net income ratio at 2.3 TTM, illustrating efficient cash generation from operations. Free cash flow has grown consistently, with a growth rate of 247% from 2023 to TTM 2025. The free cash flow to net income ratio is high at 1.6 TTM, indicating robust free cash flow generation relative to net income.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.28B	3.68B	1.73B	1.42B	1.38B
Gross Profit	2.00B	1.78B	957.11M	822.19M	761.67M
EBITDA	1.38B	958.30M	444.61M	343.00M	358.62M
Net Income	413.10M	206.50M	319.70M	119.14M	170.09M
Balance Sheet
Total Assets	11.81B	12.04B	2.86B	3.59B	2.35B
Cash, Cash Equivalents and Short-Term Investments	533.90M	576.20M	494.32M	326.11M	278.77M
Total Debt	4.29B	4.64B	610.62M	1.74B	665.79M
Total Liabilities	6.09B	6.53B	1.57B	2.52B	1.34B
Stockholders Equity	5.71B	5.50B	1.29B	1.07B	1.01B
Cash Flow
Free Cash Flow	655.10M	197.80M	391.12M	274.10M	214.74M
Operating Cash Flow	932.00M	544.00M	463.06M	317.59M	257.87M
Investing Cash Flow	-301.60M	-3.11B	77.33M	-214.07M	-276.72M
Financing Cash Flow	-645.50M	2.68B	-1.26B	960.91M	-111.46M

RB Global Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 147.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RBA, the sentiment is Positive. The current price of 147.96 is above the 20-day moving average (MA) of 144.80, above the 50-day MA of 145.26, and above the 200-day MA of 134.42, indicating a bullish trend. The MACD of 0.95 indicates Negative momentum. The RSI at 58.72 is Neutral, neither overbought nor oversold. The STOCH value of 77.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RBA.

RB Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRI	78 Outperform	$122.73B	40.86	18.46%	1.13%	8.16%	-5.93%
TCL.B	74 Outperform	C$1.71B	9.69	9.65%	9.18%	-2.58%	100.21%
RBA	74 Outperform	$27.82B	52.90	7.74%	1.06%	5.58%	27.23%
GDI	74 Outperform	C$759.87M	19.96	7.93%	―	1.49%	152.09%
TCL.A	73 Outperform	C$1.71B	9.57	9.65%	4.40%	-2.58%	100.21%
CGY	70 Outperform	C$584.53M	13,891.89	0.01%	2.18%	3.03%	-99.78%
Sector *	67 Neutral	$2.55B	12.77	9.94%	4.12%	-2.21%	31.02%

RB Global Corporate Events

RB Global Completes Strategic Acquisition of J.M. Wood Auction Co.

RB Global, Inc.’s subsidiary, Ritchie Bros. Auctioneers, has completed the acquisition of J.M. Wood Auction Co., enhancing its service offerings in Alabama and nearby states. This strategic move combines J.M. Wood’s regional expertise and customer relationships with Ritchie Bros.’ global network and technology, aiming to create more opportunities and value for customers while maintaining J.M. Wood’s operational independence and legacy.

The most recent analyst rating on (TSE:RBA) stock is a Buy with a C$98.00 price target. To see the full list of analyst forecasts on RB Global stock, see the TSE:RBA Stock Forecast page.