RB Global Inc
RBA
ISIN null / Valor 127038635
RB Global Inc
UMushroom community rating:
About company
RB Global Inc, listed on the NYSE and TSX, is a prominent omnichannel marketplace catering to buyers and sellers of commercial assets and vehicles globally. With auction sites in 13 countries and a robust digital platform, the company offers a wide range of transaction solutions across various asset classes, including automotive, construction, energy, and agriculture. Through its brands like RB Auction, IronPlanet, and IAA, RB Global provides market insights, valuation services, and fleet management tools to support equipment and truck businesses. Leveraging cutting-edge technology and a focus on innovation, the company's portfolio also includes Rouse Services, SmartEquip, Xcira, and Veritread, offering end-to-end asset management, equipment lifecycle support, live simulcast auction technologies, and heavy haul transport solutions.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (26.10.2025):
RB Global Inc reported its financial results for the third quarter of 2024, showing a mixed performance with a decrease in total gross transaction value and revenue, while achieving significant growth in net income. The company continues to focus on strategic investments and cost management to navigate the current economic environment.
Gross Transaction Value Declines
For Q3 2024, RB Global Inc's total gross transaction value decreased by 7% year-over-year to $3.6 billion, reflecting declines across all sectors due to lower average selling prices.
Revenue Performance
Total revenue for the quarter fell by 4% year-over-year to $981.8 million. Service revenue, however, saw a slight increase of 1% to $779.9 million, driven by a higher service revenue take rate.
Net Income Growth
Net income available to common stockholders rose by 22% year-over-year to $66.9 million, supported by higher operating income and lower interest expenses, partially offset by increased income tax expenses.
Adjusted EBITDA Slightly Down
Adjusted EBITDA for Q3 2024 decreased by 1% year-over-year to $283.7 million, impacted by lower GTV, increased inventory returns, and higher operating expenses, though partially offset by an expanded service revenue take rate.
Financial Outlook for 2024
RB Global Inc updated its full-year 2024 outlook, expecting Gross Transaction Value growth between 0% to 2%, Adjusted EBITDA in the range of $1,235 to $1,270 million, and capital expenditures between $275 to $325 million, maintaining its focus on strategic investments for long-term growth.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
18341 M
Market cap (USD)
526,193
Daily traded volume (Shares)
92.11 / 89.26
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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