Is the business good?
How good a business is RBA?
RB Global, Inc. earns 7.7% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
7.7%
Return on invested capital · cost of capital 9.0% · 1.3 points below what the capital costs: growth destroys value
- Operating margin
- 16%
Operating margin · Specialty Business Services median 10% · 12 months to Q2 2026
- Cash conversion
- 1.26×
Cash conversion · 1.73× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +0.16%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 19% |
| FY2021 | 17% |
| FY2022 | 26% |
| FY2023 | 13% |
| FY2024 | 18% |
| FY2025 | 16% |
Details›
- Operating margin12 months to Q2 2026
- 16%
- Net margin12 months to Q2 2026
- 10.0%
- Free cash flow margin
- 13%
- Revenue, trailing twelve months
- $4.85B
- Free cash flow, trailing twelve months
- $611M
- Net income, trailing twelve months
- $484M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 7.7%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Specialty Business Services
Ranks #11 of 18 by Smart Score