RBA
RB Global, Inc.
RBA's fundamentals are strong: revenue grew 11% and it turned 12% of its revenue into free cash flow. At 36x earnings, it's trading below its usual 42x. Analysts expect earnings growth.
RBA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
RBA's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
RBA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 20x | $94.26 | — |
| Cheap | 29x | $74.58 | -21% |
| Current | 36x | $94.26 | — |
| Fair | 42x | $109 | +16% |
| Expensive | 54x | $141 | +50% |
Historical ranges are pointers, not guarantees.
RBA's PE is in its cheap range at 36x. If earnings grow as analysts expect, today's price would be 20x next year's earnings.
RBA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RBA, with profitability improving.
RBA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.73 | +82% |
| Q3 2026 | $2.60 | +24% |
| Q2 2026 | $2.33 | +15% |
| Q1 2026 | $2.15 | +5.9% |
| Q4 2025 | $2.04 | +1.5% |
| Q3 2025 | $2.09 | +3% |
| Q2 2025 | $2.02 | +2.5% |
| Q1 2025 | $2.03 | +9.7% |
| Q4 2024 | $2.01 | +93% |
RBA's earnings per share have climbed steadily: $2.60 over the past year, up 24% from the year before, and higher year over year for 11 quarters in a row.
RBA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +17% |
| Q2 2026 | $1.3B | +11% |
| Q1 2026 | $1.2B | +11% |
| Q4 2025 | $1.2B | +5.4% |
| Q3 2025 | $1.1B | +11% |
| Q2 2025 | $1.2B | +8.2% |
| Q1 2025 | $1.1B | +4.1% |
| Q4 2024 | $1.1B | +9.7% |
RBA's revenue has grown year over year for eight quarters in a row: $1.3B last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | +2.5 points |
| Q2 2026 | 17% | +1.2 points |
| Q1 2026 | 18% | +0.5 points |
| Q4 2025 | 15% | -3.4 points |
| Q3 2025 | 14% | -1.1 points |
| Q2 2025 | 16% | -2.5 points |
| Q1 2025 | 17% | -1.6 points |
| Q4 2024 | 18% | +1.7 points |
RBA's operating margin was 17% last quarter, up 2.5 points from the same quarter a year ago.
RBA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $196.3M | +4.1% |
| Q2 2026 | $63.6M | -74% |
| Q1 2026 | $172.6M | +68% |
| Q4 2025 | $186.5M | +46% |
| Q3 2025 | $188.5M | -24% |
| Q2 2025 | $241.7M | -22% |
| Q1 2025 | $102.5M | +29% |
| Q4 2024 | $127.9M | -51% |
RBA still generates free cash flow, though less than at its 2024 peak: $619M over the past year.
RBA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -2.7M shares |
| 1 year | -1.5% | -2.9M shares |
| 3 years | +0.3% | +598K shares |
| 5 years | +65% | +72.8M shares |
| Available history | +68% | +74.4M shares |
RBA has 184M diluted shares, down 1.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $350M |
| Q2 2026 | $150M |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $53.2M |
| Q4 2019 | — |
RBA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | 1.9x | Healthy |
| Q1 2026 | 1.6x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.8x | Healthy |
| Q4 2024 | 1.8x | Healthy |
RBA's net debt is about 2.0 years of its operating earnings (EBITDA), up from 1.6 years a year ago.
RBA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 51.3 | Neutral |
RBA's weekly RSI is 51 (neutral) and its Stochastic is 51 (neutral).
RBA PE vs Industrials Sector
| Metric | RBA | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 24x | 51% above |
| PE % | 27 | 58 | 31 pts below |
RBA is trading at 36x earnings, a 51% premium to the Industrials sector's median of 24x.
RBA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $87.0 | 8.3% above |
| 20 week MA | $92.6 | 1.8% above |
| 50 week MA | $100.2 | 5.9% below |
| 100 week MA | $101.3 | 7% below |
| 200 week MA | $85.4 | 10% above |
RBA's trend is mixed: it's above three of its five weekly moving averages, and 10% above its 200-week average.
RBA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $43.3 | $71.2 | +65% |
| 2021 | $71.2 | $61.3 | -14% |
| 2022 | $61.3 | $56.1 | -8.4% |
| 2023 | $56.1 | $66.9 | +19% |
| 2024 | $66.9 | $90.9 | +36% |
| 2025 | $90.9 | $105.4 | +16% |
| 2026 YTD | $105.4 | $94.3 | -11% |
RBA has finished higher in four of the last six years. It's down 11% so far in 2026.