Stocks · Industrials · Services-Business Services, NEC

RB GLOBAL INC.

RBA Clue Score74
Ontario, Canada Fiscal year ends December CIK 0001046102
$85.84 +2.15% Close, 9 Oct 2026
Price $85.84 +35.67% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1.13Operating income0.14Net income0.09EPS, diluted0.85Fiscal year 2017Revenue0.97 −13.8%Operating income0.11Net income0.08 −18.3%EPS, diluted0.69Fiscal year 2018Revenue1.17 +20.5%Operating income0.19Net income0.12 +61.9%EPS, diluted1.11Fiscal year 2019Revenue1.32 +12.7%Operating income0.22Net income0.15 +22.7%EPS, diluted1.36Fiscal year 2020Revenue1.38 +4.4%Operating income0.26Net income0.17 +14.1%EPS, diluted1.54Fiscal year 2021Revenue1.42 +2.9%Operating income0.24Net income0.15 −10.7%EPS, diluted1.36Fiscal year 2022Revenue1.73 +22.4%Operating income0.45Net income0.32 +110.5%EPS, diluted2.86Fiscal year 2023Revenue3.68 +112.2%Operating income0.47Net income0.21 −35.4%EPS, diluted1.04Fiscal year 2024Revenue4.28 +16.4%Operating income0.76Net income0.41 +100.0%EPS, diluted2.01Fiscal year 2025Revenue4.59 +7.2%Operating income0.71Net income0.43 +3.7%EPS, diluted2.04
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1.13 0.97 1.17 1.32 1.38 1.42 1.73 3.68 4.28 4.59
Growth −13.8% +20.5% +12.7% +4.4% +2.9% +22.4% +112.2% +16.4% +7.2%
Operating income 0.14 0.11 0.19 0.22 0.26 0.24 0.45 0.47 0.76 0.71
Net income 0.09 0.08 0.12 0.15 0.17 0.15 0.32 0.21 0.41 0.43
Growth −18.3% +61.9% +22.7% +14.1% −10.7% +110.5% −35.4% +100.0% +3.7%
EPS, diluted 0.85 0.69 1.11 1.36 1.54 1.36 2.86 1.04 2.01 2.04

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin16.7%Operating margin12.0%Net margin8.1%Free cash flow margin14.1%Fiscal year 2017Gross margin54.7%Operating margin11.1%Net margin7.7%Free cash flow margin14.1%Fiscal year 2018Operating margin15.8%Net margin10.4%Free cash flow margin10.9%Fiscal year 2019Operating margin16.9%Net margin11.3%Free cash flow margin24.2%Fiscal year 2020Operating margin19.1%Net margin12.4%Free cash flow margin17.7%Fiscal year 2021Operating margin17.0%Net margin10.7%Free cash flow margin21.7%Fiscal year 2022Operating margin26.2%Net margin18.4%Free cash flow margin24.9%Fiscal year 2023Operating margin12.8%Net margin5.6%Free cash flow margin8.6%Fiscal year 2024Operating margin17.8%Net margin9.6%Free cash flow margin17.8%Fiscal year 2025Operating margin15.5%Net margin9.3%Free cash flow margin15.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 16.7% 54.7% n/a n/a n/a n/a n/a n/a n/a n/a
Operating margin 12.0% 11.1% 15.8% 16.9% 19.1% 17.0% 26.2% 12.8% 17.8% 15.5%
Net margin 8.1% 7.7% 10.4% 11.3% 12.4% 10.7% 18.4% 5.6% 9.6% 9.3%
Free cash flow margin 14.1% 14.1% 10.9% 24.2% 17.7% 21.7% 24.9% 8.6% 17.8% 15.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.18Capital expenditure−0.02Free cash flow0.16Buybacks−0.04Dividends paid−0.07Fiscal year 2017Operating cash flow0.15Capital expenditure−0.01Free cash flow0.14 −13.8%Dividends paid−0.07Fiscal year 2018Operating cash flow0.14Capital expenditure−0.02Free cash flow0.13 −6.8%Dividends paid−0.08Fiscal year 2019Operating cash flow0.33Capital expenditure−0.01Free cash flow0.32 +150.5%Buybacks−0.04Dividends paid−0.08Fiscal year 2020Operating cash flow0.26Capital expenditure−0.01Free cash flow0.24 −23.7%Buybacks−0.05Dividends paid−0.09Fiscal year 2021Operating cash flow0.32Capital expenditure−0.01Free cash flow0.31 +26.4%Dividends paid−0.10Fiscal year 2022Operating cash flow0.46Capital expenditure−0.03Free cash flow0.43 +40.1%Dividends paid−0.12Fiscal year 2023Operating cash flow0.54Capital expenditure−0.23Free cash flow0.32 −26.7%Dividends paid−0.30Fiscal year 2024Operating cash flow0.93Capital expenditure−0.17Free cash flow0.76 +141.9%Dividends paid−0.21Fiscal year 2025Operating cash flow0.98Capital expenditure−0.26Free cash flow0.72 −5.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.18 0.15 0.14 0.33 0.26 0.32 0.46 0.54 0.93 0.98
Capital expenditure −0.02 −0.01 −0.02 −0.01 −0.01 −0.01 −0.03 −0.23 −0.17 −0.26
Free cash flow 0.16 0.14 0.13 0.32 0.24 0.31 0.43 0.32 0.76 0.72
Growth −13.8% −6.8% +150.5% −23.7% +26.4% +40.1% −26.7% +141.9% −5.9%
Buybacks −0.04 n/a n/a −0.04 −0.05 n/a n/a n/a n/a n/a
Dividends paid −0.07 −0.07 −0.08 −0.08 −0.09 −0.10 −0.12 −0.30 −0.21 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.21Total debt0.60Net cash (debt)−0.39Shareholders’ equity0.69Debt to equity0.87Fiscal year 2017Cash0.27Total debt0.81Net cash (debt)−0.54Shareholders’ equity0.74Debt to equity1.10Fiscal year 2018Cash0.24Total debt0.71Net cash (debt)−0.47Shareholders’ equity0.83Debt to equity0.86Fiscal year 2019Cash0.36Total debt0.65Net cash (debt)−0.29Shareholders’ equity0.90Debt to equity0.72Fiscal year 2020Cash0.28Total debt0.64Net cash (debt)−0.36Shareholders’ equity1.01Debt to equity0.63Fiscal year 2021Cash0.33Total debt1.74Net cash (debt)−1.41Shareholders’ equity1.07Debt to equity1.62Fiscal year 2022Cash0.49Total debt0.58Net cash (debt)−0.09Shareholders’ equity1.29Debt to equity0.45Fiscal year 2023Cash0.58Total debt3.08Net cash (debt)−2.50Shareholders’ equity5.02Debt to equity0.61Fiscal year 2024Cash0.53Total debt2.63Net cash (debt)−2.09Shareholders’ equity5.22Debt to equity0.50Fiscal year 2025Cash0.53Total debt2.33Net cash (debt)−1.80Shareholders’ equity5.57Debt to equity0.42
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.21 0.27 0.24 0.36 0.28 0.33 0.49 0.58 0.53 0.53
Total debt 0.60 0.81 0.71 0.65 0.64 1.74 0.58 3.08 2.63 2.33
Net cash (debt) −0.39 −0.54 −0.47 −0.29 −0.36 −1.41 −0.09 −2.50 −2.09 −1.80
Shareholders’ equity 0.69 0.74 0.83 0.90 1.01 1.07 1.29 5.02 5.22 5.57
Debt to equity 0.87 1.10 0.86 0.72 0.63 1.62 0.45 0.61 0.50 0.42

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023† 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
1.13 0.97 1.17 1.32 1.38 1.42 1.73 3.68 4.28 4.59
Growth −13.8% +20.5% +12.7% +4.4% +2.9% +22.4% +112.2% +16.4% +7.2%
0.19 0.53 n/a n/a n/a n/a n/a n/a n/a n/a
Growth +181.9%
0.28 0.32 0.38 0.38 0.41 0.46 0.54 0.74 0.77 0.91
0.14 0.11 0.19 0.22 0.26 0.24 0.45 0.47 0.76 0.71
Growth −20.8% +72.3% +20.5% +17.9% −8.4% +88.2% +3.9% +61.5% −6.3%
0.13 0.08 0.15 0.19 0.24 0.21 0.41 0.28 0.55 0.54
0.04 0.00 0.03 0.04 0.07 0.05 0.09 0.08 0.14 0.11
0.09 0.08 0.12 0.15 0.17 0.15 0.32 0.21 0.41 0.43
Growth −18.3% +61.9% +22.7% +14.1% −10.7% +110.5% −35.4% +100.0% +3.7%
Per share
0.86 0.70 1.12 1.37 1.56 1.38 2.89 1.05 2.03 2.06
0.85 0.69 1.11 1.36 1.54 1.36 2.86 1.04 2.01 2.04
Growth −18.8% +60.9% +22.5% +13.2% −11.7% +110.3% −63.6% +93.3% +1.5%
106.6 107.0 108.1 108.5 109.1 110.3 110.8 167.0 184.0 185.4
107.5 108.1 109.4 109.8 110.3 111.4 111.9 168.2 185.3 186.9
Growth +0.6% +1.2% +0.3% +0.5% +1.0% +0.4% +50.3% +10.2% +0.9%

† The diluted share count jumps at 2023, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 27.2% a year over five years.
  • Operating margin is down 3.6 points on five years ago, at 15.5%.
  • Profitable in every one of the 10 years on file.