RB Global (NYSE:RBA) Releases Quarterly 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 $1.03 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.04, FiscalAI reports. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.17 billion. RB Global had a return on equity of 12.37% and a net margin of 9.99%.

Here are the key takeaways from RB Global’s conference call:

• Broad-based growth led RB Global to raise its 2026 outlook. Third-quarter GTV rose 20% year over year (about 14% organically), service revenue increased 10%, and adjusted EBITDA grew 13%; the company now expects 14%–15% GTV growth and adjusted EBITDA growth of 9.7% at the midpoint.
• The service revenue take rate declined 186 basis points to 19.8%, reflecting a mix shift toward lower-rate GSA, acquired and real estate transactions, as well as modest declines in core areas. Management expects the take rate to be broadly consistent in Q4 and said adjusted EBITDA growth continued to outpace service revenue growth.
• One Marketplace initiatives are beginning to reach customers. RB Global introduced Buy Now and Make Offer options on rbauction.com, aiming to combine auction, fixed-price and negotiated transactions and broaden access to buyers and inventory.
• The company repurchased and retired about 3.9 million shares for $350 million in Q3, bringing year-to-date repurchases to $500 million. Leverage ended the quarter at 1.8 times adjusted net debt to adjusted EBITDA.
• Automotive GTV rose 18%, supported by higher unit volumes and an approximately 8% increase in average selling prices, while management estimated total-loss frequency was roughly flat year over year. It cited improving insurance affordability indicators as a possible future tailwind, but did not report a measurable pickup in assignments.

RB Global Stock Performance

Shares of NYSE RBA opened at $96.04 on Tuesday. The business has a fifty day simple moving average of $84.94 and a 200 day simple moving average of $99.31. The company has a current ratio of 1.31, a quick ratio of 1.22 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $17.41 billion, a price-to-earnings ratio of 41.22, a PEG ratio of 1.62 and a beta of 0.48. RB Global has a one year low of $78.05 and a one year high of $119.33.

RB Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Wednesday, November 25th will be given a dividend of $0.33 per share. The ex-dividend date is Wednesday, November 25th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.4%. RB Global’s payout ratio is currently 56.65%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on RBA shares. Zacks Research cut shares of RB Global from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 13th. Royal Bank Of Canada restated an “outperform” rating and issued a $152.00 price target on shares of RB Global in a research report on Wednesday, September 23rd. National Bank Financial boosted their price objective on shares of RB Global from $130.00 to $132.00 and gave the stock an “outperform” rating in a report on Thursday, October 15th. Wall Street Zen lowered shares of RB Global from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of RB Global in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $128.33.

Insider Buying and Selling at RB Global

In other RB Global news, Director Chloe Harford purchased 1,200 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were purchased at an average price of $83.74 per share, for a total transaction of $100,488.00. Following the completion of the purchase, the director directly owned 1,200 shares of the company’s stock, valued at approximately $100,488. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Deborah Stein purchased 500 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were acquired at an average price of $80.91 per share, for a total transaction of $40,455.00. Following the purchase, the director directly owned 2,325 shares of the company’s stock, valued at approximately $188,115.75. This represents a 27.40% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.57% of the stock is owned by company insiders.

RB Global announced that its board has initiated a share repurchase plan on Tuesday, September 15th that permits the company to buy back $500 million in shares. This buyback authorization permits the business services provider to buy up to 3.3% of its shares through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

Key RB Global News

Here are the key news stories impacting RB Global this week:

• Positive Sentiment: Q3 results topped estimates: RB Global reported earnings of $1.03 per share, versus the $0.99 consensus, and revenue of $1.27 billion, ahead of estimates of $1.17 billion. EPS was up from $0.93 a year earlier. The earnings and revenue beats point to solid operating performance. Zacks Q3 earnings report
• Positive Sentiment: 2026 growth outlook: The company outlined gross transaction value growth of 14%–15% for 2026, with a focus on rolling out its “one marketplace” initiative. The projected growth provides a forward-looking catalyst, while execution of the rollout remains important. 2026 GTV outlook
• Neutral Sentiment: Dividend declared: RB Global announced a quarterly dividend of $0.33 per share, equivalent to $1.32 annually and a stated yield of 1.4%. Shareholders of record November 25 are scheduled to be paid December 17. RB Global stock and dividend information

RB Global Company Profile

RB Global operates a global marketplace for commercial assets and vehicles, connecting sellers with buyers through live auctions, online platforms and other sales channels. Its offerings include asset marketing and disposition services, along with support such as inspections and transaction services.

The company serves businesses, governments and other organizations across industries including construction, transportation, agriculture, mining and energy. Through its IAA business, it also facilitates sales of salvage and used vehicles to buyers such as licensed dealers and vehicle rebuilders.

RB Global traces its roots to Ritchie Bros.