RB GLOBAL (RBA) Company Report

RB Global reported strong Q3 2025 results, with adjusted EBITDA increasing 16% and Gross Transactional Value (GTV) up 7%. Adjusted earnings per share also increased by 31%.
The company raised its full-year 2025 adjusted EBITDA guidance to $1.35 billion-$1.38 billion, while tightening its GTV growth forecast to 0%-1%.
A significant expansion of its partnership with the US General Services Administration (GSA) is expected to add disposition services for approximately 35,000 remarketed vehicles annually, reaching full run rate by Q2 2026.
RB Global announced the acquisition of Smith Broughton Auctioneers and Allied Equipment Sales for approximately $38 million, strengthening its presence in Western Australia.
A new operating model has been implemented, projected to generate over $25 million in total run rate savings by the second quarter of 2026.

Nov 6, 2025, 9:30 PM

Transcript

RB Global Reports Strong Q3 2025 Results, Raises Full-Year Adjusted EBITDA Guidance

RBA

Earnings

Guidance Update

M&A

RB Global reported strong Q3 2025 financial results, with adjusted EBITDA increasing 16% and gross transactional value (GTV) up 7%. Adjusted earnings per share increased by 31%.
The company expanded its partnership with the US General Services Administration (GSA) to provide disposition services for approximately 35,000 remarketed vehicles annually, expected to reach full run rate in Q2 2026.
RB Global announced the acquisition of Smith Broughton Auctioneers and Allied Equipment Sales for approximately $38 million, strengthening its geographic footprint in Western Australia.
A new transformative operating model is expected to generate over $25 million in total run rate savings by the second quarter of 2026.
For full-year 2025, RB Global raised its adjusted EBITDA guidance to $1.35 billion-$1.38 billion and narrowed its GTV growth forecast to 0% to 1%.

Nov 6, 2025, 9:30 PM

Transcript

RB Global Announces Q3 2025 Financial Results and Updates 2025 Outlook

RBA

Earnings

Guidance Update

New Projects/Investments

RB Global reported Q3 2025 Total GTV of $3,894 million, Service Revenue of $845 million, Adjusted EBITDA of $328 million, and Adjusted Diluted Earnings Per Share of $0.93.
The company launched a new operating model designed to increase speed and efficiency, which is expected to generate ~$25 million in annual run-rate savings by the second quarter of 2026.
RB Global updated its 2025 outlook, projecting GTV growth of 0 to 1% compared to full-year 2024 results, and Adjusted EBITDA between $1,350 million and $1,380 million.

Nov 6, 2025, 9:30 PM

Presentation

RB Global Reports Strong Q3 2025 Results and Raises Full-Year Adjusted EBITDA Guidance

RBA

Earnings

Guidance Update

M&A

RB Global reported strong Q3 2025 results, with Adjusted EBITDA increasing 16% on a 7% increase in gross transactional value (GTV). Adjusted earnings per share also increased by 31%.
The company raised its full-year 2025 Adjusted EBITDA guidance range to $1.35 billion-$1.38 billion, while narrowing its full-year GTV growth forecast to 0% to 1%.
RB Global announced a significant expansion of its partnership with the US General Services Administration (GSA), expecting to provide disposition services for approximately 35,000 remarketed vehicles annually, reaching full run rate by Q2 2026.
A new operating model is expected to generate over $25 million in total run rate savings by Q2 2026, with some savings anticipated in Q4 2025. The company also announced the acquisition of Smith Broughton Auctioneers and Allied Equipment Sales for approximately $38 million.

Nov 6, 2025, 9:30 PM

Transcript

RB Global Reports Third Quarter 2025 Results

RBA

Earnings

Guidance Update

M&A

RB Global reported strong third quarter 2025 financial results, with total gross transaction value (GTV) increasing 7% year over year to $3.9 billion and total revenue increasing 11% year over year to $1.1 billion.
Net income for Q3 2025 increased 25% year over year to $95.2 million, and diluted earnings per share available to common stockholders rose 19% to $0.43 per share.
The company updated its full-year 2025 outlook, revising GTV growth to 0% to 1% and Adjusted EBITDA to $1,350 million to $1,380 million.
A quarterly cash dividend of $0.31 per common share was declared on November 5, 2025, payable on December 17, 2025.
An Australian subsidiary entered an agreement on October 28, 2025, to acquire Smith Broughton Pty Ltd for A$57.5 million ($38.0 million), with closing expected in the fourth quarter of 2025.

Nov 6, 2025, 9:05 PM

8-K

RB Global Reports Q2 2025 Results, Raises EBITDA Guidance, and Increases Dividend

RBA

Earnings

Guidance Update

Dividends

RB Global reported a 7% increase in Adjusted EBITDA and a 14% increase in Adjusted EPS for Q2 2025, with total Gross Transactional Value (GTV) growing by 2%.
The company raised and tightened its Adjusted EBITDA guidance range to $1.34 billion to $1.37 billion for the full year, while expecting GTV growth to be at the lower end of its guidance range.
The quarterly dividend was increased by approximately 7% to $0.31 per quarter.
Strategic developments include the closing of the J.M. Wood acquisition and a new joint venture with LKQ Corporation in the UK, which resulted in a $19.7 million total loss on deconsolidation and deal charges, but is not expected to materially impact 2025 top line or profitability.

Aug 7, 2025, 12:05 AM

RB Global Completes J.M. Wood Auction Co. Acquisition

RBA

M&A

New Projects/Investments

RB Global, Inc. (RBA), through its wholly owned subsidiary Ritchie Bros. Auctioneers (America), Inc., has completed its acquisition of J.M. Wood Auction Co..
This strategic acquisition aims to enhance service offerings for customers in Alabama and adjacent states by combining J.M. Wood's regional expertise and customer relationships with Ritchie Bros.' global network and technology.
Post-acquisition, J.M. Wood will maintain its Montgomery headquarters, in-person auction format, and leadership team.

Jul 14, 2025, 10:51 PM

Press Release

RB Global Inc. Announces Early Termination of HSR Waiting Period

RBA

M&A

RB Global Inc. announced the early termination of the HSR waiting period by the FTC, effective May 22, 2025, related to its pending acquisition.
The acquisition involves the purchase of all outstanding membership interests in JM Wood Auction Co., Inc. by Ritchie Bros Auctioneers, a wholly owned subsidiary of RB Global, with closing expected in Q2 or early Q3 2025 contingent on customary conditions.

May 27, 2025, 12:00 AM

8-K

RB Global Inc Q1 2025 Results Update

RBA

Earnings

M&A

Guidance Update

Dividends

Revenue Acceleration/Inflection

Total revenue increased 4% to $1.1 billion with net income and diluted EPS showing modest growth, setting the stage for continued financial strength .
Acquisition Highlight: Acquired J.M. Wood for approximately $235 million to expand its presence in Alabama and adjacent markets .
GTV Performance: Total GTV declined 6% to $3.8 billion, with the automotive segment up 2% and the commercial construction/transportation sector down 18% .
Profitability Metrics: Adjusted EBITDA fell 1%, yet adjusted EBITDA as a percentage of GTV improved from 8.1% to 8.6%, supported by a service revenue take rate increase of 150 basis points .
Segment Revenue Trends: Service revenue held steady at $852.5 million while inventory sales revenue climbed 19% year over year, highlighting segmented market dynamics .
UK Expansion: Secured an exclusive agreement as the sole salvage provider for Direct Line Group in the UK, with services set to commence in Q3 2025 .
Dividend Declaration: Announced a quarterly cash dividend of $0.29 per common share, payable on June 20, 2025, reaffirming its commitment to shareholder returns .

May 7, 2025, 8:31 PM

Transcript 8-K

RB GLOBAL Inc. Files Updated Credit Agreement and Loan Details

RBA

Debt Issuance

RB GLOBAL Inc. filed a Form 8-K on April 4, 2025, updating its credit agreement and related funding arrangements, including an Amended and Restated Credit Agreement dated April 3, 2025.
The filing provides detailed exhibits covering significant credit facilities such as New Term A Loans with commitments from major banks including Bank of America and Royal Bank of Canada.

Apr 4, 2025, 12:00 AM

8-K

Earnings Transcripts

Quarterly earnings call transcripts for RB GLOBAL.