RB Global (NYSE:RBA) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS

RB Global (NYSE:RBA - Get Free Report) TSE: RBA released its quarterly earnings results on Monday. The business services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.04, Briefing.com reports. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 EPS.

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 Up 1.5%

Shares of RBA opened at $106.55 on Wednesday. RB Global has a 1-year low of $93.58 and a 1-year high of $119.58. The business's 50-day moving average price is $100.87 and its 200 day moving average price is $103.41. The stock has a market capitalization of $19.81 billion, a P/E ratio of 49.56, a P/E/G ratio of 1.60 and a beta of 0.57. The company has a current ratio of 1.10, a quick ratio of 1.02 and a debt-to-equity ratio of 0.41.

RB Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Wednesday, May 27th will be issued a dividend of $0.31 per share. 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 currently 60.78%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on RBA shares. Royal Bank Of Canada raised their price objective on RB Global from $146.00 to $150.00 and gave the stock an "outperform" rating in a report on Tuesday. Stephens reissued an "equal weight" rating and issued a $96.00 target price on shares of RB Global in a research note on Tuesday. BMO Capital Markets reiterated an "outperform" rating and set a $135.00 target price (up from $130.00) on shares of RB Global in a report on Tuesday. Weiss Ratings upgraded shares of RB Global from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, February 26th. Finally, Raymond James Financial raised their price target on shares of RB Global from $135.00 to $145.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 20th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $125.00.

Key Stories Impacting RB Global

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

• Positive Sentiment: Company results and strategy: RB Global reported broad-based GTV and revenue growth across sectors and highlighted market-share gains and diversification as drivers of a solid start to 2026, supporting investor confidence in the growth strategy. RB Global Reports First Quarter 2026 Results
• Positive Sentiment: Revenue beat and growth: Several outlets note revenue topped consensus (reported ~ $1.20–$1.21B, double-digit YoY revenue/GTV growth), which supports margin expansion potential and the company’s growth narrative. RBA Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Dividend announced: The board declared a quarterly dividend of $0.31/share (ex-dividend May 27), modest yield (~1.2%) but signals cash-flow strength and returns to shareholders. (Declaration reported May 1.)
• Neutral Sentiment: EPS read is mixed: Coverage shows conflicting EPS takes — Zacks/other outlets cite an EPS beat vs some estimates, while other reports show a small miss vs the consensus. Net margin and ROE remain healthy, but the EPS ambiguity is creating uncertainty for near-term expectations. Q1 2026 Earnings Call Transcript
• Negative Sentiment: Analyst stance: Stephens reaffirmed an “equal weight” rating and set a $96 price target, implying downside versus current trading and signaling tempered medium-term upside from that shop. Stephens Reaffirms Equal Weight

Insider Buying and Selling

In other news, Director Deborah Stein acquired 400 shares of the stock in a transaction on Wednesday, March 18th. The shares were purchased at an average cost of $98.74 per share, for a total transaction of $39,496.00. Following the transaction, the director owned 1,400 shares in the company, valued at approximately $138,236. This trade represents a 40.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.57% of the company's stock.

Hedge Funds Weigh In On RB Global

Institutional investors and hedge funds have recently bought and sold shares of the business. EdgePoint Investment Group Inc. grew its position in RB Global by 11.9% during the fourth quarter. EdgePoint Investment Group Inc. now owns 7,701,648 shares of the business services provider's stock valued at $792,934,000 after purchasing an additional 821,319 shares in the last quarter. State Street Corp raised its stake in shares of RB Global by 1.7% in the 4th quarter. State Street Corp now owns 6,290,640 shares of the business services provider's stock valued at $647,118,000 after acquiring an additional 104,286 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of RB Global by 16.4% in the fourth quarter. Janus Henderson Group PLC now owns 4,085,897 shares of the business services provider's stock worth $420,417,000 after buying an additional 576,347 shares during the last quarter. Invesco Ltd. lifted its position in RB Global by 2.9% during the 4th quarter. Invesco Ltd. now owns 2,946,978 shares of the business services provider's stock worth $303,156,000 after acquiring an additional 83,438 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its position in shares of RB Global by 6,120,490.0% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,448,236 shares of the business services provider's stock worth $251,851,000 after purchasing an additional 2,448,196 shares during the last quarter. Hedge funds and other institutional investors own 95.37% of the company's stock.

About RB Global

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.