RB Global Inc
F:J1F
RB Global Inc
RB Global, Inc. engages in the provision of value-added insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. The company is headquartered in Westchester, Illinois and currently employs 7,800 full-time employees. The company went IPO on 2004-01-27. Through its global network of auction sites and digital platform, the Company serves customers worldwide across a variety of asset classes, including automotive, construction, commercial transportation, government surplus, lifting and material handling, energy, mining and agriculture. The Company’s end-to-end marketplace solutions include Ritchie Bros., IAA, Rouse Services, SmartEquip and VeriTread. Rouse Services provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system. SmartEquip is a technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both original equipment manufacturers and dealers. VeriTread is an online marketplace for heavy haul transport.
RB Global, Inc. engages in the provision of value-added insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. The company is headquartered in Westchester, Illinois and currently employs 7,800 full-time employees. The company went IPO on 2004-01-27. Through its global network of auction sites and digital platform, the Company serves customers worldwide across a variety of asset classes, including automotive, construction, commercial transportation, government surplus, lifting and material handling, energy, mining and agriculture. The Company’s end-to-end marketplace solutions include Ritchie Bros., IAA, Rouse Services, SmartEquip and VeriTread. Rouse Services provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system. SmartEquip is a technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both original equipment manufacturers and dealers. VeriTread is an online marketplace for heavy haul transport.
EBITDA Growth: Adjusted EBITDA rose 10% in Q4 on 4% higher gross transaction value (GTV), showing strong operating leverage and disciplined cost control.
Automotive Outperformance: Automotive unit volumes grew 8% year-over-year (excluding catastrophe impact), outpacing the overall market for the fourth consecutive quarter.
Major Contracts: Multiyear agreements were secured with both of the company's two largest partners, providing long-term volume visibility and reinforcing market position.
2026 Outlook: Management expects GTV to grow 5% to 8% in 2026, with adjusted EBITDA expected between $1.47 billion and $1.53 billion, or about 7% growth at the midpoint.
AI & Innovation: The company is rolling out an AI-powered total loss predictor for automotive partners and launched new auction formats and AI training tools to drive efficiency and market share.
Cost Focus: Continued improvements in operating efficiency and margin expansion were highlighted, with a sustained culture of cost discipline and operating leverage.
CapEx & Tax Guidance: 2026 capital expenditures are guided at $350–400 million, with a tax rate expected between 23% and 25%.
