RB Global (NYSE:RBA) Posts Earnings Results

Posted by Brenda Bartman on Nov 9th, 2026

RB Global (NYSE:RBA – Get Free Report) (TSE:RBA) issued its quarterly earnings data on Monday. The business services provider reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04, FiscalAI reports. RB Global had a return on equity of 12.37% and a net margin of 9.99%. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.17 billion.

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 Price Performance

Shares of NYSE RBA traded up $1.22 during trading on Monday, reaching $94.74. The company had a trading volume of 68,581 shares, compared to its average volume of 1,514,866. RB Global has a 52 week low of $78.05 and a 52 week high of $119.33. The business’s 50 day moving average price is $84.73 and its 200-day moving average price is $99.41. The stock has a market cap of $17.17 billion, a PE ratio of 40.61, a PEG ratio of 1.60 and a beta of 0.48. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.22 and a current ratio of 1.31.

RB Global declared that its Board of Directors has authorized a share buyback program on Tuesday, September 15th that authorizes the company to repurchase $500 million in shares. This repurchase authorization authorizes the business services provider to reacquire up to 3.3% of its shares through open market purchases. Share repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insider Activity at RB Global

In other news, Director Chloe Harford bought 1,200 shares of the stock in a transaction dated Monday, August 24th. The stock was bought at an average cost of $83.74 per share, with a total value of $100,488.00. Following the purchase, the director 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 purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Deborah Stein bought 500 shares of the stock in a transaction dated Wednesday, September 9th. The stock was purchased at an average cost of $80.91 per share, with a total value of $40,455.00. Following the completion of the purchase, the director directly owned 2,325 shares in the company, valued at approximately $188,115.75. This trade represents a 27.40% increase in their position. The SEC filing for this purchase provides additional information. 0.57% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

RBA has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of RB Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 18th. National Bank Financial boosted their price target on shares of RB Global from $130.00 to $132.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Barclays decreased their price objective on shares of RB Global from $121.00 to $110.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 6th. Zacks Research lowered shares of RB Global from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 13th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $152.00 target price on shares of RB Global in a research note on Wednesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.33.

View Our Latest Research Report on RB Global

RB Global Company Profile

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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.