RB Global Financials
RB Global (RBA) reported $4.6B in revenue for fiscal year 2025, up 7.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
RB Global’s goodwill-heavy scale expansion converts into cash, while reinvestment and softer operating margins restrain 2025 earnings momentum.
The 2023 step-up in assets and goodwill is consistent with inorganic scale-building rather than purely organic expansion, changing the balance sheet’s economic profile. Operating margin then fell from26.2% to12.8% as revenue expanded, indicating that the enlarged platform initially carried lower operating efficiency or a less profitable mix.
In 2025, operating cash flow of
The 2025 balance sheet paired lower leverage at 0.4x debt-to-equity with a current ratio of 1.1x, meaning solvency improved while near-term flexibility narrowed. Net income rose even as operating income fell, because lower interest expense helped offset softer operating profitability.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of RB Global's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
RB Global has an operating margin of 15.5%, meaning the company retains $16 of operating profit per $100 of revenue. This strong profitability earns a score of 84/100, reflecting efficient cost management and pricing power. This is down from 17.8% the prior year.
RB Global's revenue grew 7.2% year-over-year to $4.6B, a solid pace of expansion. This earns a growth score of 69/100.
RB Global has a moderate D/E ratio of 0.41. This balance of debt and equity financing earns a leverage score of 37/100.
RB Global's current ratio of 1.10 is below the typical benchmark, resulting in a score of 24/100. This tight liquidity could limit financial flexibility if cash inflows slow.
RB Global converts 15.7% of revenue into free cash flow ($719.2M). This strong cash generation earns a score of 79/100.
RB Global's ROE of 7.7% shows moderate profitability relative to equity, earning a score of 53/100. This is down from 7.9% the prior year.
RB Global scores 2.23, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($15.2B) relative to total liabilities ($6.1B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
RB Global passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, RB Global generates $2.28 in operating cash flow ($978.2M OCF vs $428.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
RB Global earns $3.72 in operating income for every $1 of interest expense ($713.4M vs $191.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
RB Global generated $4.6B in revenue in fiscal year 2025. This represents an increase of 7.2% from the prior year.
RB Global's EBITDA was $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.7% from the prior year.
RB Global reported $428.4M in net income in fiscal year 2025. This represents an increase of 3.7% from the prior year.
RB Global earned $2.04 per diluted share (EPS) in fiscal year 2025. This represents an increase of 1.5% from the prior year.
Cash & Balance Sheet
RB Global generated $719.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 5.9% from the prior year.
RB Global held $531.5M in cash against $2.3B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
RB Global's operating margin was 15.5% in fiscal year 2025, reflecting core business profitability. This is down 2.2 percentage points from the prior year.
RB Global's net profit margin was 9.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.3 percentage points from the prior year.
RB Global's ROE was 7.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.2 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
RB Global invested $259.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 54.7% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
RBA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8B | $4.6B+7.2% | $4.3B+16.4% | $3.7B+112.2% | $1.7B+22.4% | $1.4B+2.9% | $1.4B+4.4% | $1.3B+12.7% | $1.2B+20.5% | $971.2M-13.8% | $1.1B | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $531.5M+181.9% | $188.6M-59.0% | $459.8M+8.7% | $423.2M | N/A |
| SG&A Expenses | $903.0M | $905.2M+17.0% | $773.9M+4.1% | $743.7M+37.7% | $539.9M+18.3% | $456.2M+11.2% | $410.3M+7.3% | $382.4M-0.1% | $382.7M+18.4% | $323.3M+14.0% | $283.5M+11.5% | $254.4M+2.5% | $248.2M+1.8% | $243.7M |
| Operating Income | $777.6M | $713.4M-6.3% | $761.2M+61.5% | $471.3M+3.9% | $453.5M+88.2% | $241.0M-8.4% | $263.2M+17.9% | $223.2M+20.5% | $185.2M+72.3% | $107.5M-20.8% | $135.7M-22.4% | $174.8M+36.7% | $127.9M-6.6% | $137.0M |
| Interest Expense | $180.6M | $191.6M-18.0% | $233.7M+9.3% | $213.8M+269.3% | $57.9M+56.5% | $37.0M+4.0% | $35.6M-13.8% | $41.3M-7.3% | $44.5M+16.3% | $38.3M+588.2% | $5.6M+12.1% | $5.0M-6.0% | $5.3M-29.0% | $7.4M |
| Income Tax | $122.6M | $108.0M-21.3% | $137.3M+79.7% | $76.4M-11.4% | $86.2M+61.4% | $53.4M-18.5% | $65.5M+57.4% | $41.6M+34.2% | $31.0M+1385.0% | $2.1M-94.4% | $37.0M-2.3% | $37.9M+3.8% | $36.5M-9.5% | $40.3M |
| Net Income | $484.2M | $428.4M+3.7% | $413.1M+100.0% | $206.5M-35.4% | $319.7M+110.5% | $151.9M-10.7% | $170.1M+14.1% | $149.0M+22.7% | $121.5M+61.9% | $75.0M-18.3% | $91.8M-32.6% | $136.2M+49.7% | $91.0M-2.8% | $93.6M |
| EPS (Diluted) | — | $2.04+1.5% | $2.01+93.3% | $1.04 | $2.86+110.3% | $1.36-11.7% | $1.54+13.2% | $1.36+22.5% | $1.11+60.9% | $0.69-18.8% | $0.85-33.1% | $1.27+49.4% | $0.85-2.3% | $0.87 |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
RBA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.1B+2.8% | $11.8B-1.9% | $12.0B+320.3% | $2.9B-20.3% | $3.6B+52.8% | $2.4B+5.5% | $2.2B+8.6% | $2.1B+1.7% | $2.0B+26.1% | $1.6B+42.8% | $1.1B-0.1% | $1.1B | N/A |
| Current Assets | $1.8B+4.1% | $1.7B-5.5% | $1.8B+88.4% | $963.1M+26.4% | $762.2M+36.9% | $556.8M-18.1% | $679.6M+12.6% | $603.5M+18.7% | $508.5M+34.5% | $378.0M-12.1% | $430.1M+9.0% | $394.6M | N/A |
| Cash & Equivalents | $531.5M-0.4% | $533.9M-7.3% | $576.2M+16.6% | $494.3M+51.6% | $326.1M+17.0% | $278.8M-22.5% | $359.7M+51.3% | $237.7M-11.3% | $267.9M+28.9% | $207.9M-1.1% | $210.1M+50.3% | $139.8M+22.0% | $114.6M |
| Inventory | $139.8M+15.1% | $121.5M-27.0% | $166.5M+61.5% | $103.1M+0.6% | $102.5M+18.8% | $86.3M+32.8% | $65.0M-42.7% | $113.3M+196.3% | $38.2M+34.2% | $28.5M-51.3% | $58.5M+36.8% | $42.8M | N/A |
| Accounts Receivable | $706.3M-0.4% | $709.4M-3.0% | $731.5M+299.3% | $183.2M+21.4% | $150.9M+11.8% | $135.0M-5.3% | $142.6M+10.3% | $129.3M+40.3% | $92.1M+73.9% | $53.0M-10.8% | $59.4M-21.9% | $76.1M | N/A |
| Goodwill | $4.7B+3.5% | $4.5B-0.6% | $4.5B+378.2% | $948.8M+0.1% | $947.7M+12.7% | $840.6M+25.0% | $672.3M+0.1% | $671.6M+0.1% | $670.9M+587.9% | $97.5M+6.9% | $91.2M+10.8% | $82.4M-1.3% | $83.4M |
| Total Liabilities | $6.1B-0.3% | $6.1B-6.7% | $6.5B+314.8% | $1.6B-37.6% | $2.5B+88.3% | $1.3B+1.3% | $1.3B+8.8% | $1.2B-3.8% | $1.3B+39.8% | $903.8M+132.9% | $388.0M-5.9% | $412.3M | N/A |
| Current Liabilities | $1.6B+21.5% | $1.3B-0.8% | $1.3B+68.9% | $795.2M+35.1% | $588.4M+14.4% | $514.6M+2.7% | $501.3M+13.9% | $440.1M+13.3% | $388.5M+53.6% | $252.8M-12.8% | $290.0M+14.1% | $254.1M | N/A |
| Long-Term Debt | $2.3B-12.9% | $2.6B-14.4% | $3.1B+430.5% | $577.1M-66.7% | $1.7B+176.9% | $626.3M-0.1% | $627.2M-10.2% | $698.2M-12.3% | $796.0M+33.6% | $595.7M+991.7% | $54.6M-50.8% | $110.8M | N/A |
| Total Equity | $5.6B+6.7% | $5.2B+4.1% | $5.0B+289.0% | $1.3B+20.4% | $1.1B+6.3% | $1.0B+11.7% | $901.8M+8.6% | $830.6M+12.3% | $739.7M+7.7% | $687.1M-2.3% | $703.2M+1.6% | $691.9M+0.9% | $686.1M |
| Retained Earnings | $1.3B+15.1% | $1.1B+18.7% | $918.5M-12.0% | $1.0B+24.2% | $839.6M+6.0% | $791.9M+10.9% | $714.1M+10.1% | $648.3M+7.6% | $602.6M+0.3% | $601.1M0.0% | $601.1M+12.1% | $536.1M | N/A |
RBA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $860.7M | $978.2M+5.0% | $932.0M+71.3% | $544.0M+17.5% | $463.1M+45.8% | $317.6M+23.2% | $257.9M-22.5% | $332.8M+130.7% | $144.3M-2.2% | $147.6M-16.9% | $177.6M-9.6% | $196.5M+31.8% | $149.0M+1.6% | $146.6M |
| Capital Expenditures | $249.5M | $259.0M+54.7% | $167.4M-26.5% | $227.9M+612.2% | $32.0M+226.5% | $9.8M-31.3% | $14.3M+5.0% | $13.6M-19.4% | $16.9M+55.9% | $10.8M-42.8% | $18.9M-14.2% | $22.1M-11.7% | $25.0M-30.4% | $35.9M |
| Free Cash Flow | $611.2M | $719.2M-5.9% | $764.6M+141.9% | $316.1M-26.7% | $431.1M+40.1% | $307.8M+26.4% | $243.6M-23.7% | $319.2M+150.5% | $127.4M-6.8% | $136.8M-13.8% | $158.6M-9.0% | $174.4M+40.6% | $124.0M+12.0% | $110.7M |
| Investing Cash Flow | -$849.3M | -$552.9M-83.3% | -$301.6M+90.3% | -$3.1B-4126.3% | $77.2M+136.1% | -$214.1M+22.6% | -$276.7M-667.5% | -$36.1M-16.5% | -$31.0M+95.6% | -$711.0M-508.4% | -$116.9M-298.2% | -$29.3M | N/A | N/A |
| Financing Cash Flow | -$202.9M | -$461.4M+28.5% | -$645.5M-124.1% | $2.7B+312.7% | -$1.3B-230.9% | $960.9M+962.1% | -$111.5M+40.5% | -$187.2M-39.6% | -$134.1M-212.4% | $119.3M-70.5% | $404.1M+600.9% | -$80.7M | N/A | N/A |
| Dividends Paid | N/A | N/A | $206.0M-30.9% | $298.0M+158.7% | $115.2M+11.0% | $103.8M+13.1% | $91.7M+11.1% | $82.5M+9.1% | $75.7M+4.0% | $72.8M+3.3% | $70.5M+9.5% | $64.3M+11.1% | $57.9M+7.4% | $53.9M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $53.2M+26.6% | $42.0M | N/A | N/A | $36.7M-22.7% | $47.5M | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
RBA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 54.7%+38.0pp | 16.7% | N/A | N/A | N/A |
| Operating Margin | 15.5%-2.2pp | 17.8%+5.0pp | 12.8%-13.4pp | 26.2%+9.2pp | 17.0%-2.1pp | 19.1%+2.2pp | 16.9%+1.1pp | 15.8%+4.8pp | 11.1%-1.0pp | 12.0% | N/A | N/A | N/A |
| Net Margin | 9.3%-0.3pp | 9.6%+4.0pp | 5.6%-12.8pp | 18.4%+7.7pp | 10.7%-1.6pp | 12.3%+1.0pp | 11.3%+0.9pp | 10.4%+2.7pp | 7.7%-0.4pp | 8.2% | N/A | N/A | N/A |
| Return on Equity | 7.7%-0.2pp | 7.9%+3.8pp | 4.1%-20.7pp | 24.8%+10.6pp | 14.2%-2.7pp | 16.9%+0.4pp | 16.5%+1.9pp | 14.6%+4.5pp | 10.1%-3.2pp | 13.4%-6.0pp | 19.4%+6.2pp | 13.2%-0.5pp | 13.7% |
| Return on Assets | 3.5%0.0pp | 3.5%+1.8pp | 1.7%-9.4pp | 11.2%+6.9pp | 4.2%-3.0pp | 7.2%+0.5pp | 6.7%+0.8pp | 5.9%+2.2pp | 3.7%-2.0pp | 5.7%-6.4pp | 12.2%+4.0pp | 8.1% | N/A |
| Current Ratio | 1.10-0.2x | 1.29-0.1x | 1.35+0.1x | 1.21-0.1x | 1.30+0.2x | 1.08-0.3x | 1.360.0x | 1.37+0.1x | 1.31-0.2x | 1.500.0x | 1.48-0.1x | 1.55 | N/A |
| Debt-to-Equity | 0.41-0.1x | 0.50-0.1x | 0.61+0.2x | 0.45-1.2x | 1.62+1.0x | 0.62-0.1x | 0.70-0.1x | 0.84-0.2x | 1.08+0.2x | 0.87+0.8x | 0.08-0.1x | 0.16 | N/A |
| FCF Margin | 15.7%-2.2pp | 17.8%+9.3pp | 8.6%-16.3pp | 24.9%+3.1pp | 21.7%+4.0pp | 17.7%-6.5pp | 24.2%+13.3pp | 10.9%-3.2pp | 14.1%0.0pp | 14.1% | N/A | N/A | N/A |
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Where RB Global Ranks
Frequently Asked Questions
What is RB Global's annual revenue?
RB Global (RBA) reported $4.6B in total revenue for fiscal year 2025. This represents a 7.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is RB Global's revenue growing?
RB Global (RBA) revenue grew by 7.2% year-over-year, from $4.3B to $4.6B in fiscal year 2025.
Is RB Global profitable?
Yes, RB Global (RBA) reported a net income of $428.4M in fiscal year 2025, with a net profit margin of 9.3%.
What is RB Global's EBITDA?
RB Global (RBA) had EBITDA of $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does RB Global have?
As of fiscal year 2025, RB Global (RBA) had $531.5M in cash and equivalents against $2.3B in long-term debt.
What is RB Global's operating margin?
RB Global (RBA) had an operating margin of 15.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is RB Global's net profit margin?
RB Global (RBA) had a net profit margin of 9.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is RB Global's return on equity (ROE)?
RB Global (RBA) has a return on equity of 7.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is RB Global's free cash flow?
RB Global (RBA) generated $719.2M in free cash flow during fiscal year 2025. This represents a -5.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is RB Global's operating cash flow?
RB Global (RBA) generated $978.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are RB Global's total assets?
RB Global (RBA) had $12.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are RB Global's capital expenditures?
RB Global (RBA) invested $259.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is RB Global's current ratio?
RB Global (RBA) had a current ratio of 1.10 as of fiscal year 2025, which is considered adequate.
What is RB Global's debt-to-equity ratio?
RB Global (RBA) had a debt-to-equity ratio of 0.41 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is RB Global's return on assets (ROA)?
RB Global (RBA) had a return on assets of 3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is RB Global's Altman Z-Score?
RB Global (RBA) has an Altman Z-Score of 2.23, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is RB Global's Piotroski F-Score?
RB Global (RBA) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are RB Global's earnings high quality?
RB Global (RBA) has an earnings quality ratio of 2.28x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can RB Global cover its interest payments?
RB Global (RBA) has an interest coverage ratio of 3.72x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is RB Global?
RB Global (RBA) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.