RB Global Inc.

NYSE:RBA USA Specialty Business Services
Market Cap
$18.57 Billion
Market Cap Rank
#1092 Global
#847 in USA
Share Price
$100.01
Change (1 day)
+0.99%
52-Week Range
$89.64 - $119.14
All Time High
$119.14
Categories
Companies in USA Specialty Business Services
About

RB Global, Inc. operates a marketplace that provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. The company's marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles; IAA, a digital marketplace that connects vehicle buyers and sellers; Rouse, which provides asset management, data-driven intell… Read more

RB Global Inc. (RBA) - Net Assets

Latest net assets as of September 2025: $5.98 Billion USD

Based on the latest financial reports, RB Global Inc. (RBA) has net assets worth $5.98 Billion USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.24 Billion) and total liabilities ($6.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $5.98 Billion
% of Total Assets 48.85%
Annual Growth Rate 22.16%
5-Year Change 464.64%
10-Year Change 680.78%
Growth Volatility 80.45

RB Global Inc. - Net Assets Trend (1997–2024)

This chart illustrates how RB Global Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for RB Global Inc. (1997–2024)

The table below shows the annual net assets of RB Global Inc. from 1997 to 2024.

Year Net Assets Change
2024-12-31 $5.72 Billion +3.76%
2023-12-31 $5.51 Billion +327.02%
2022-12-31 $1.29 Billion +20.46%
2021-12-31 $1.07 Billion +5.79%
2020-12-31 $1.01 Billion +11.62%
2019-12-31 $906.99 Million +8.53%
2018-12-31 $835.71 Million +12.21%
2017-12-31 $744.75 Million +7.65%
2016-12-31 $691.83 Million -5.51%
2015-12-31 $732.14 Million +3.23%
2014-12-31 $709.22 Million +2.11%
2013-12-31 $694.55 Million +5.79%
2012-12-31 $656.53 Million +6.25%
2011-12-31 $617.91 Million +6.56%
2010-12-31 $579.87 Million +6.51%
2009-12-31 $544.41 Million +17.04%
2008-12-31 $465.16 Million +6.81%
2007-12-31 $435.50 Million +18.14%
2006-12-31 $368.64 Million +31.83%
2005-12-31 $279.62 Million -3.33%
2004-12-31 $289.26 Million +14.43%
2003-12-31 $252.78 Million +26.79%
2002-12-31 $199.37 Million +20.15%
2001-12-31 $165.93 Million +11.54%
2000-12-31 $148.76 Million +10.69%
1999-12-31 $134.40 Million +28.98%
1998-12-31 $104.20 Million +305.45%
1997-12-31 $25.70 Million --

Equity Component Analysis

This analysis shows how different components contribute to RB Global Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 6313.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $1.09 Billion 19.11%
Common Stock $4.16 Billion 72.96%
Other Comprehensive Income $-124.80 Million -2.19%
Other Components $577.40 Million 10.12%
Total Equity $5.71 Billion 100.00%

RB Global Inc. Competitors by Market Cap

The table below lists competitors of RB Global Inc. ranked by their market capitalization.

Company Market Cap
Astera Labs, Inc.
NASDAQ:ALAB
 		$17.81 Billion
TDK Corporation
PINK:TTDKF
 		$17.82 Billion
Telefónica S.A
PINK:TEFOF
 		$17.91 Billion
Federal National Mortgage Association Pref F
OTCQB:FNMAP
 		$17.95 Billion
TELUS
F:BCZ
 		$17.77 Billion
Essity AB (publ)
PINK:ETTYF
 		$17.74 Billion
Wilmar International Ltd
PINK:WLMIY
 		$17.71 Billion
Huatai Securities Co. Ltd
PINK:HUATF
 		$17.68 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in RB Global Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,498,700,000 to 5,706,000,000, a change of 207,300,000 (3.8%).
  • Net income of 413,100,000 contributed positively to equity growth.
  • Dividend payments of 240,200,000 reduced retained earnings.
  • Share repurchases of 75,500,000 reduced equity.
  • Other comprehensive income decreased equity by 80,800,000.
  • Other factors increased equity by 190,700,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $413.10 Million +7.24%
Dividends Paid $240.20 Million -4.21%
Share Repurchases $75.50 Million -1.32%
Other Comprehensive Income $-80.80 Million -1.42%
Other Changes $190.70 Million +3.34%
Total Change $- 3.77%

Book Value vs Market Value Analysis

This analysis compares RB Global Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 3.25x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 295.23x to 3.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 $0.34 $100.01 x
1998-12-31 $1.08 $100.01 x
1999-12-31 $1.32 $100.01 x
2000-12-31 $1.46 $100.01 x
2001-12-31 $1.64 $100.01 x
2002-12-31 $1.97 $100.01 x
2003-12-31 $2.49 $100.01 x
2004-12-31 $2.82 $100.01 x
2005-12-31 $2.68 $100.01 x
2006-12-31 $3.56 $100.01 x
2007-12-31 $4.09 $100.01 x
2008-12-31 $4.40 $100.01 x
2009-12-31 $5.15 $100.01 x
2010-12-31 $5.45 $100.01 x
2011-12-31 $5.78 $100.01 x
2012-12-31 $6.14 $100.01 x
2013-12-31 $6.48 $100.01 x
2014-12-31 $6.43 $100.01 x
2015-12-31 $6.55 $100.01 x
2016-12-31 $6.39 $100.01 x
2017-12-31 $6.84 $100.01 x
2018-12-31 $7.59 $100.01 x
2019-12-31 $8.22 $100.01 x
2020-12-31 $9.13 $100.01 x
2021-12-31 $9.61 $100.01 x
2022-12-31 $11.53 $100.01 x
2023-12-31 $32.69 $100.01 x
2024-12-31 $30.80 $100.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently RB Global Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 7.24%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.64%
  • • Asset Turnover: 0.36x
  • • Equity Multiplier: 2.07x
  • Recent ROE (7.24%) is below the historical average (14.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 9.34% 4.00% 0.85x 2.74x $-170.00K
1998 23.80% 26.13% 0.62x 1.46x $14.38 Million
1999 16.59% 21.32% 0.48x 1.61x $8.86 Million
2000 11.57% 16.21% 0.40x 1.80x $2.33 Million
2001 12.09% 17.14% 0.42x 1.66x $3.46 Million
2002 14.23% 21.24% 0.41x 1.65x $8.43 Million
2003 11.24% 22.65% 0.30x 1.63x $3.13 Million
2004 10.05% 19.15% 0.34x 1.53x $158.60K
2005 19.16% 25.20% 0.49x 1.54x $25.62 Million
2006 13.32% 22.19% 0.40x 1.50x $12.25 Million
2007 17.58% 24.36% 0.47x 1.55x $33.00 Million
2008 21.80% 28.58% 0.51x 1.48x $54.88 Million
2009 17.17% 24.77% 0.44x 1.58x $39.01 Million
2010 11.36% 18.38% 0.41x 1.51x $7.86 Million
2011 12.40% 19.35% 0.41x 1.57x $14.84 Million
2012 12.12% 18.16% 0.39x 1.72x $13.90 Million
2013 13.49% 20.03% 0.40x 1.67x $24.24 Million
2014 13.15% 18.91% 0.43x 1.62x $21.79 Million
2015 19.37% 26.40% 0.46x 1.59x $65.90 Million
2016 13.37% 8.15% 0.70x 2.33x $23.13 Million
2017 10.14% 7.73% 0.48x 2.73x $1.06 Million
2018 14.62% 10.38% 0.57x 2.47x $38.41 Million
2019 16.53% 11.30% 0.59x 2.47x $58.86 Million
2020 16.89% 12.35% 0.59x 2.33x $69.37 Million
2021 14.19% 10.72% 0.39x 3.36x $44.83 Million
2022 24.80% 18.45% 0.61x 2.22x $190.83 Million
2023 3.76% 5.61% 0.31x 2.19x $-343.37 Million
2024 7.24% 9.64% 0.36x 2.07x $-157.50 Million

Industry Comparison

This section compares RB Global Inc.'s net assets metrics with peer companies in the Specialty Business Services industry.

Industry Context

  • Industry: Specialty Business Services
  • Average net assets among peers: $772,489,888
  • Average return on equity (ROE) among peers: -12.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
RB Global Inc. (RBA) $5.98 Billion 9.34% 1.05x $17.78 Billion
All American Pet Co (AAPT) $-1.12 Million 0.00% 0.00x $0.97
ABM Industries Incorporated (ABM) $61.90 Million 11.47% 1.78x $2.27 Billion
ADM Endeavors Inc (ADMQ) $284.02K -124.30% 3.55x $3.87 Million
Amentum Holdings Inc. (AMTM) $4.55 Billion -1.80% 1.63x $4.20 Billion
Anacomp Inc (ANMP) $101.14 Million -0.68% 0.63x $976.94K
Rich Sparkle Holdings Limited Ordinary Shares (ANPA) $5.65 Million 2.35% 0.50x $30.94 Million
Applus Services S.A (APLUF) $642.95 Million 7.56% 2.78x $16.82 Million
ARC Document Solutions Inc (ARC) $-35.01 Million 0.00% 0.00x $110.98 Million
Aramark Holdings (ARMK) $2.75 Billion -16.80% 4.72x $10.51 Billion
Atento S.A. (ATTOF) $-348.87 Million 0.00% 0.00x $945.48