This page shows RB Global (RBA) financial statements, including the 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).
Cash conversion and deleveraging are carrying earnings quality even as operating margin slips under a heavier cost base.
Between FY2023 and FY2025, revenue scale expanded by$911M while operating margin finished lower at15.5% , showing that added volume came with a heavier overhead load rather than cleaner operating leverage. That pressure did not flow straight through to the bottom line because long-term debt fell to$2.28B and interest expense eased to$191.6M , so financing improvement partly offset softer operating efficiency.
FY2025 operating cash flow of
The debt load is easing: debt-to-equity improved to 0.4x from 0.6x over the last two fiscal years, and long-term debt has been moving down with it. At the same time, the current ratio slipped to 1.1x and goodwill sits at
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). 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 results in a moderate score of 57/100, indicating healthy but not exceptional operating efficiency. 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 53/100.
RB Global carries a low D/E ratio of 0.41, meaning only $0.41 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.
RB Global's current ratio of 1.10 is below the typical benchmark, resulting in a score of 17/100. This tight liquidity could limit financial flexibility if cash inflows slow.
RB Global has a free cash flow margin of 15.7%, earning a moderate score of 62/100. The company generates positive cash flow after capital investments, but with room for improvement.
RB Global generates a 7.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 27/100. This is down from 7.9% the prior year.
RB Global scores 2.71, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($20.1B) relative to total liabilities ($6.1B). This signals moderate financial risk that warrants monitoring.
RB Global passes 6 of 9 financial strength tests. 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 $3.7 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.
RB Global had 185M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.
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.
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.
RBA Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B+2.6% | $1.2B+10.1% | $1.1B-7.9% | $1.2B+7.0% | $1.1B-2.9% | $1.1B+16.3% | $981.8M-10.4% | $1.1B |
| Cost of Revenue | $365.1M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $532.6M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $214.2M-17.7% | $260.2M+19.5% | $217.8M-2.0% | $222.2M+8.4% | $205.0M+8.2% | $189.4M+6.5% | $177.8M-14.8% | $208.6M |
| Operating Income | $217.5M+22.9% | $177.0M+11.8% | $158.3M-16.1% | $188.6M-0.5% | $189.5M-8.5% | $207.0M+34.9% | $153.4M-24.0% | $201.9M |
| Interest Expense | $44.0M-4.3% | $46.0M-4.6% | $48.2M+1.5% | $47.5M-4.8% | $49.9M-5.3% | $52.7M-7.9% | $57.2M-4.5% | $59.9M |
| Income Tax | $37.6M+44.1% | $26.1M+58.2% | $16.5M-53.9% | $35.8M+20.9% | $29.6M-29.5% | $42.0M+60.3% | $26.2M-28.4% | $36.6M |
| Net Income | $135.5M+23.5% | $109.7M+14.9% | $95.5M-13.0% | $109.8M-3.2% | $113.4M-4.3% | $118.5M+55.7% | $76.1M-31.5% | $111.1M |
| EPS (Diluted) | $0.66 | N/A | $0.43-18.9% | $0.53-3.6% | $0.55 | N/A | $0.36-33.3% | $0.54 |
RBA Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.4B+2.1% | $12.1B-0.8% | $12.2B+0.7% | $12.2B+2.3% | $11.9B+0.7% | $11.8B-1.0% | $11.9B-1.2% | $12.1B |
| Current Assets | $2.1B+17.0% | $1.8B-4.5% | $1.9B-3.6% | $1.9B+8.8% | $1.8B+4.0% | $1.7B-7.7% | $1.9B-5.4% | $2.0B |
| Cash & Equivalents | $667.2M+25.5% | $531.5M-21.2% | $674.7M-5.0% | $710.2M+22.9% | $578.1M+8.3% | $533.9M-17.9% | $650.7M+8.5% | $599.5M |
| Inventory | $119.1M-14.8% | $139.8M+15.6% | $120.9M+26.7% | $95.4M-28.1% | $132.7M+9.2% | $121.5M-25.9% | $163.9M+12.3% | $145.9M |
| Accounts Receivable | $894.8M+26.7% | $706.3M+1.2% | $697.6M-8.9% | $766.1M-0.6% | $770.4M+8.6% | $709.4M-3.7% | $736.3M-19.2% | $911.8M |
| Goodwill | $4.7B-0.1% | $4.7B-0.3% | $4.7B+3.2% | $4.5B+0.4% | $4.5B+0.1% | $4.5B-0.6% | $4.5B+0.2% | $4.5B |
| Total Liabilities | $6.3B+3.6% | $6.1B-3.0% | $6.3B+0.8% | $6.2B+1.6% | $6.1B+0.3% | $6.1B-2.2% | $6.2B-3.1% | $6.4B |
| Current Liabilities | $1.8B+13.4% | $1.6B+6.7% | $1.5B0.0% | $1.5B+11.2% | $1.4B+2.4% | $1.3B-8.1% | $1.4B-4.6% | $1.5B |
| Long-Term Debt | $2.3B-0.5% | $2.3B-9.3% | $2.5B-0.5% | $2.5B-3.5% | $2.6B0.0% | $2.6B-3.8% | $2.7B-3.5% | $2.8B |
| Total Equity | $5.6B+0.9% | $5.6B+1.6% | $5.5B+0.6% | $5.5B+3.2% | $5.3B+1.1% | $5.2B+0.3% | $5.2B+1.0% | $5.2B |
| Retained Earnings | $1.3B+5.5% | $1.3B+3.5% | $1.2B+2.0% | $1.2B+4.1% | $1.1B+4.7% | $1.1B+5.4% | $1.0B+1.4% | $1.0B |
RBA Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $224.1M-12.2% | $255.2M+6.5% | $239.7M-26.6% | $326.5M+108.2% | $156.8M-15.0% | $184.5M-35.4% | $285.4M-15.4% | $337.3M |
| Capital Expenditures | $51.5M-25.0% | $68.7M+34.2% | $51.2M-39.6% | $84.8M+56.2% | $54.3M-4.1% | $56.6M+53.4% | $36.9M+28.6% | $28.7M |
| Free Cash Flow | $172.6M-7.5% | $186.5M-1.1% | $188.5M-22.0% | $241.7M+135.8% | $102.5M-19.9% | $127.9M-48.5% | $248.5M-19.5% | $308.6M |
| Investing Cash Flow | -$78.8M+10.0% | -$87.6M+63.1% | -$237.4M-88.4% | -$126.0M-23.7% | -$101.9M-10.8% | -$92.0M-18.1% | -$77.9M-43.7% | -$54.2M |
| Financing Cash Flow | $23.6M+110.0% | -$234.9M-145.7% | -$95.6M-11.3% | -$85.9M-90.9% | -$45.0M+70.8% | -$153.9M+9.0% | -$169.2M-28.7% | -$131.5M |
| Dividends Paid | $57.6M | N/A | $57.6M+7.1% | $53.8M+0.6% | $53.5M-0.2% | $53.6M+0.2% | $53.5M+7.9% | $49.6M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
RBA Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 17.6%+2.9pp | 14.7%+0.2pp | 14.5%-1.4pp | 15.9%-1.2pp | 17.1%-1.0pp | 18.1%+2.5pp | 15.6%-2.8pp | 18.4% |
| Net Margin | 11.0%+1.9pp | 9.1%+0.4pp | 8.7%-0.5pp | 9.3%-1.0pp | 10.2%-0.2pp | 10.4%+2.6pp | 7.8%-2.4pp | 10.1% |
| Return on Equity | 2.4%+0.4pp | 2.0%+0.2pp | 1.7%-0.3pp | 2.0%-0.1pp | 2.1%-0.1pp | 2.3%+0.8pp | 1.5%-0.7pp | 2.2% |
| Return on Assets | 1.1%+0.2pp | 0.9%+0.1pp | 0.8%-0.1pp | 0.9%-0.1pp | 0.9%-0.1pp | 1.0%+0.4pp | 0.6%-0.3pp | 0.9% |
| Current Ratio | 1.14+0.0 | 1.10-0.1 | 1.23-0.0 | 1.28-0.0 | 1.31+0.0 | 1.290.0 | 1.28-0.0 | 1.29 |
| Debt-to-Equity | 0.400.0 | 0.41-0.0 | 0.460.0 | 0.46-0.0 | 0.500.0 | 0.50-0.0 | 0.52-0.0 | 0.55 |
| FCF Margin | 14.0%-1.5pp | 15.5%-1.7pp | 17.3%-3.1pp | 20.4%+11.1pp | 9.3%-2.0pp | 11.2%-14.1pp | 25.3%-2.8pp | 28.1% |
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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 2.71, 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 9, indicating neutral financial health. 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 3.7x, 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 52 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.