Financials RB Global, Inc.

Stocks

RBA

CA74935Q1072

Business Support Services

Real-time Estimate Cboe BZX Other stock markets 16:55:26 13/07/2026 BST			5-day change	1st Jan Change
108.02 ^USD	-0.10%		-5.10%	+5.25%

06-30	RB Global Upgraded to Strong Buy at Raymond James	MT
06-30	Raymond James Upgrades RB Global to Strong Buy From Outperform, Price Target is $145	MT

Projected Income Statement: RB Global, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,417	1,734	3,680	4,284	4,591	4,885	5,127	5,665
Change	-	22.36%	112.23%	16.43%	7.15%	6.42%	4.94%	10.5%
EBITDA ¹	328.7	465.2	1,033	1,303	1,400	1,494	1,617	1,830
Change	-	41.53%	122%	26.13%	7.45%	6.72%	8.28%	13.16%
EBIT ¹	240.1	400.4	905.3	1,133	1,198	1,222	1,278	-
Change	-	66.71%	126.12%	25.13%	5.76%	2.02%	4.61%	-
Interest Paid ¹	-36.99	-57.88	-213.8	-233.7	-191.6	-163.5	-140.5	-
Earnings before Tax (EBT) ¹	205.2	406	282.4	550.1	535.6	846.4	976.8	1,189
Change	-	97.82%	-30.44%	94.79%	-2.64%	58.03%	15.4%	21.69%
Net income ¹	151.9	319.7	174.9	372.7	382.2	567.2	669.6	891
Change	-	110.48%	-45.29%	113.09%	2.55%	48.4%	18.06%	33.06%
Announcement Date	17/02/22	21/02/23	23/02/24	18/02/25	17/02/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	396.4	329.7	359.4	393.9	484.5	411.5	443.9	512.4	1,106	1,020	1,041	1,065	1,096	981.8	1,142	1,109	1,186	1,093	1,203	1,235	1,228	1,160	1,256	1,289	1,284	1,218	1,334
Change	-	-16.82%	9.01%	9.61%	23.01%	-15.08%	7.87%	15.44%	115.94%	-7.84%	2.07%	2.29%	2.95%	-10.43%	16.28%	-2.89%	6.98%	-7.87%	10.13%	2.59%	-0.52%	-5.56%	8.27%	2.65%	-0.43%	-5.12%	9.54%
EBITDA ¹	111.5	75.75	74.37	99.54	136.2	102.5	121.5	132.6	307.8	285.8	307.5	331	342	283.7	346	327.9	364.5	327.7	379.6	362.7	384.8	355.3	407.9	394.6	404.6	370.9	433
Change	-	-32.03%	-1.82%	33.85%	36.84%	-24.72%	18.51%	9.12%	132.13%	-7.15%	7.59%	7.64%	3.32%	-17.05%	21.96%	-5.23%	11.16%	-10.1%	15.84%	-4.45%	6.1%	-7.68%	14.82%	-3.27%	2.54%	-8.34%	16.74%
EBIT ¹	89.52	53.62	52.51	88.86	119.6	85.44	106.5	112.4	281	248.9	270.5	294.6	331.1	258.4	299.6	281.5	315.7	276.4	324.4	309.7	307.5	280.6	339	333.9	327.1	299.1	369.4
Change	-	-40.1%	-2.07%	69.23%	34.57%	-28.55%	24.62%	5.56%	150%	-11.42%	8.68%	8.91%	12.39%	-21.96%	15.94%	-6.04%	12.15%	-12.45%	17.37%	-4.53%	-0.71%	-8.76%	20.82%	-1.49%	-2.04%	-8.56%	23.5%
Charge d'intérêts ¹	-8.867	-8.807	-10.37	-20.69	-18.46	-9.199	-9.532	-20.9	-65	-63.7	-64.2	-63.9	-59.9	-57.2	-52.7	-49.9	-47.5	-48.2	-46	-44	-41.7	-40.07	-38.57	-27.4	-24.1	-19.6	-15.6
Earnings before Tax (EBT) ¹	81.85	45.41	41.41	214.3	75.04	57.62	58.99	-37.5	119.4	86.3	114.1	139.9	147.6	102.2	160.4	142.9	145.5	111.7	135.5	173.2	229.7	196.5	259.8	227.3	226.2	204.9	281.5
Change	-	-44.51%	-8.81%	417.56%	-64.99%	-23.22%	2.37%	-163.57%	418.4%	-27.72%	32.21%	22.61%	5.5%	-30.76%	56.95%	-10.91%	1.82%	-23.23%	21.31%	27.82%	32.61%	-14.45%	32.23%	-12.51%	-0.48%	-9.42%	37.38%
Net income ¹	60.75	32.34	30.6	178.1	53.36	42.91	45.29	-28.1	77.4	54.7	74.8	107.4	100.7	66.9	107.8	113.3	99.5	95.2	99.1	124.6	141.7	130.8	176.8	162.6	161.7	145.5	203.7
Change	-	-46.77%	-5.38%	482.1%	-70.04%	-19.59%	5.55%	-162.04%	375.44%	-29.33%	36.75%	43.58%	-6.24%	-33.57%	61.14%	5.1%	-12.18%	-4.32%	4.1%	25.73%	13.72%	-7.73%	35.22%	-8.03%	-0.55%	-10.02%	40%
Announcement Date	05/08/21	04/11/21	17/02/22	09/05/22	04/08/22	07/11/22	21/02/23	10/05/23	03/08/23	09/11/23	23/02/24	09/05/24	06/08/24	08/11/24	18/02/25	07/05/25	06/08/25	06/11/25	17/02/26	04/05/26	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: RB Global, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	1,315	-	2,513	2,120	1,940	1,761	1,142	340
Change	-	-	-	-15.64%	-8.49%	-9.23%	-35.15%	-70.23%
Announcement Date	17/02/22	21/02/23	23/02/24	18/02/25	17/02/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: RB Global, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	41.58	71.94	346.2	276.9	259	343.6	290.4	340.5
Change	-	73.03%	381.25%	-20.02%	-6.46%	32.66%	-15.47%	17.24%
Free Cash Flow (FCF) ¹	276	391.1	197.8	655.1	719.2	754.3	911.9	1,211
Change	-	41.7%	-49.43%	231.19%	9.78%	4.88%	20.89%	32.78%
Announcement Date	17/02/22	21/02/23	23/02/24	18/02/25	17/02/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: RB Global, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	23.2%	26.83%	28.07%	30.41%	30.49%	30.58%	31.55%	32.31%
EBIT Margin (%)	16.95%	23.09%	24.6%	26.44%	26.1%	25.02%	24.94%	-
EBT Margin (%)	14.48%	23.42%	7.67%	12.84%	11.67%	17.33%	19.05%	20.98%
Net margin (%)	10.72%	18.44%	4.75%	8.7%	8.33%	11.61%	13.06%	15.73%
FCF margin (%)	19.48%	22.56%	5.38%	15.29%	15.67%	15.44%	17.79%	21.37%
FCF / Net Income (%)	181.74%	122.36%	113.09%	175.77%	188.17%	132.99%	136.17%	135.89%
Profitability
ROA	7.27%	8.36%	2.35%	3.13%	3.19%	4.1%	4.7%	6.9%
ROE	20.8%	22.87%	5.55%	7.28%	7.08%	11.12%	9.5%	12%
Financial Health
Leverage (Debt/EBITDA)	4x	-	2.43x	1.63x	1.39x	1.18x	0.71x	0.19x
Debt / Free cash flow	4.76x	-	12.71x	3.24x	2.7x	2.33x	1.25x	0.28x
Capital Intensity
CAPEX / Current Assets (%)	2.93%	4.15%	9.41%	6.46%	5.64%	7.03%	5.67%	6.01%
CAPEX / EBITDA (%)	12.65%	15.46%	33.52%	21.26%	18.5%	23%	17.96%	18.61%
CAPEX / FCF (%)	15.06%	18.39%	175.03%	42.27%	36.01%	45.55%	31.85%	28.12%
Items per share
Cash flow per share ¹	2.851	4.139	3.234	5.031	5.234	7.04	7.275	7.06
Change	-	45.18%	-21.85%	55.55%	4.03%	34.52%	3.33%	-2.95%
Dividend per Share ¹	0.94	1.06	1.08	1.14	1.2	1.295	1.372	1.39
Change	-	12.77%	1.89%	5.56%	5.26%	7.92%	5.91%	1.35%
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	1.36	2.86	1.04	2.01	2.04	2.832	3.465	4.81
Change	-	110.29%	-63.64%	93.27%	1.49%	38.85%	22.33%	38.82%
Nbr of stocks (in thousands)	110,604	110,872	182,333	184,415	185,692	186,300	186,300	186,300
Announcement Date	17/02/22	21/02/23	23/02/24	18/02/25	17/02/26	-	-	-