RB Global (NYSE:RBA) Posts Earnings Results, Beats Expectations By $0.04 EPS

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. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.13 billion. RB Global had a return on equity of 12.39% and a net margin of 9.55%.The business’s revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.89 earnings per share.

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 Trading Down 0.2%

Shares of RB Global stock traded down $0.23 during trading hours on Wednesday, hitting $106.30. The company’s stock had a trading volume of 460,553 shares, compared to its average volume of 1,385,741. RB Global has a twelve month low of $93.58 and a twelve month high of $119.58. The firm has a fifty day moving average of $100.87 and a 200-day moving average of $103.41. The stock has a market cap of $19.76 billion, a price-to-earnings ratio of 49.44, a P/E/G ratio of 1.60 and a beta of 0.57. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.02 and a current ratio of 1.10.

RB Global Dividend Announcement

The firm 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 $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 27th. RB Global’s dividend payout ratio is 60.78%.

Insider Activity at RB Global

In other RB Global news, Director Deborah Stein purchased 400 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average price of $98.74 per share, with a total value of $39,496.00. Following the purchase, the director directly owned 1,400 shares in the company, valued at approximately $138,236. This trade represents a 40.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.57% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On RB Global

Large investors have recently modified their holdings of the business. State of Wyoming acquired a new position in shares of RB Global in the 2nd quarter valued at $46,000. Geneos Wealth Management Inc. lifted its stake in shares of RB Global by 21.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 540 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 97 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of RB Global by 53.1% in the 1st quarter. NewEdge Advisors LLC now owns 588 shares of the business services provider’s stock valued at $59,000 after purchasing an additional 204 shares during the last quarter. Sfam LLC acquired a new position in shares of RB Global in the 4th quarter valued at $82,000. Finally, Harvest Fund Management Co. Ltd lifted its stake in shares of RB Global by 437.2% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 779 shares of the business services provider’s stock valued at $84,000 after purchasing an additional 634 shares during the last quarter. Institutional investors and hedge funds own 95.37% of the company’s stock.

Wall Street Analysts Forecast Growth

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