Latest Ratios: P/E Ratio 55.4x · EV/EBITDA 17.8x · ROE 7.4%. (1997–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $21.5B | $19.2B | $16.7B | $11.3B | $6.5B | $6.8B | $7.7B | $4.7B | $3.6B | $3.2B | $3.7B |
| Enterprise Value | $26.3B | $24.0B | $20.7B | $15.4B | $6.7B | $8.4B | $8.2B | $5.1B | $4.1B | $3.8B | $4.1B |
| P/E Ratio → | 55.44 | 49.46 | 44.88 | 64.32 | 20.22 | 45.01 | 45.16 | 31.58 | 29.48 | 43.38 | 40.00 |
| P/S Ratio | 4.60 | 4.12 | 3.90 | 3.06 | 3.73 | 4.81 | 5.57 | 3.58 | 3.06 | 3.33 | 3.24 |
| P/B Ratio | 3.56 | 3.17 | 2.92 | 2.04 | 5.02 | 6.37 | 7.58 | 5.20 | 4.28 | 4.34 | 5.28 |
| P/FCF | 29.36 | 26.27 | 25.51 | 56.88 | 16.54 | 24.88 | 35.73 | 16.16 | 35.34 | 29.91 | 25.90 |
| P/OCF | 21.58 | 19.32 | 17.93 | 20.68 | 13.97 | 21.47 | 29.75 | 14.17 | 24.81 | 21.93 | 20.58 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.15 | 4.84 | 4.20 | 3.89 | 5.90 | 5.95 | 3.89 | 3.49 | 3.91 | 3.61 |
| EV / EBITDA | 17.77 | 16.24 | 15.25 | 16.55 | 11.82 | 24.47 | 23.38 | 16.77 | 16.21 | 23.70 | 23.04 |
| EV / EBIT | 31.87 | 32.48 | 26.46 | 31.12 | 14.52 | 34.50 | 30.17 | 22.12 | 20.72 | 32.81 | 29.90 |
| EV / FCF | — | 32.85 | 31.66 | 78.08 | 17.22 | 30.50 | 38.14 | 17.59 | 40.32 | 35.09 | 28.84 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.8% | 35.8% | 46.8% | 48.3% | 55.2% | 57.4% | 55.3% | 51.0% | 54.4% | 54.7% | 44.4% |
| Operating Margin | 17.7% | 17.7% | 17.8% | 12.8% | 26.2% | 17.0% | 19.1% | 16.9% | 15.8% | 11.1% | 12.0% |
| Net Profit Margin | 9.3% | 9.3% | 9.6% | 5.6% | 18.4% | 10.7% | 12.4% | 11.3% | 10.4% | 7.7% | 8.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.4% | 7.4% | 7.4% | 6.1% | 27.1% | 14.6% | 17.7% | 17.1% | 15.4% | 10.4% | 12.9% |
| ROA | 3.6% | 3.6% | 3.5% | 2.8% | 9.9% | 5.1% | 7.4% | 7.0% | 6.0% | 4.1% | 6.8% |
| ROIC | 6.0% | 6.0% | 5.9% | 6.3% | 16.3% | 8.7% | 13.8% | 12.6% | 10.5% | 6.7% | 11.7% |
| ROCE | 7.9% | 7.9% | 7.2% | 7.4% | 17.9% | 10.0% | 14.8% | 13.4% | 11.4% | 7.2% | 12.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.91 | 0.91 | 0.80 | 0.87 | 0.59 | 1.74 | 0.79 | 0.86 | 0.89 | 1.11 | 0.90 |
| Debt / EBITDA | 3.72 | 3.72 | 3.36 | 5.11 | 1.33 | 5.47 | 2.27 | 2.54 | 2.94 | 5.17 | 3.53 |
| Net Debt / Equity | — | 0.79 | 0.70 | 0.76 | 0.21 | 1.44 | 0.51 | 0.46 | 0.60 | 0.75 | 0.60 |
| Net Debt / EBITDA | 3.25 | 3.25 | 2.96 | 4.49 | 0.47 | 4.51 | 1.48 | 1.37 | 2.00 | 3.50 | 2.35 |
| Debt / FCF | — | 6.57 | 6.15 | 21.20 | 0.68 | 5.62 | 2.41 | 1.43 | 4.97 | 5.18 | 2.94 |
| Interest Coverage | 3.80 | 3.80 | 3.35 | 2.32 | 8.01 | 6.55 | 7.63 | 5.62 | 4.43 | 3.02 | 24.45 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.10 | 1.10 | 1.29 | 1.35 | 1.21 | 1.30 | 1.08 | 1.36 | 1.37 | 1.31 | 1.50 |
| Quick Ratio | 1.02 | 1.02 | 1.18 | 1.21 | 1.08 | 1.12 | 0.91 | 1.23 | 1.11 | 1.21 | 1.38 |
| Cash Ratio | 0.43 | 0.43 | 0.40 | 0.43 | 0.62 | 0.55 | 0.54 | 0.72 | 0.54 | 0.69 | 0.82 |
| Asset Turnover | — | 0.39 | 0.36 | 0.31 | 0.61 | 0.39 | 0.59 | 0.59 | 0.57 | 0.48 | 0.70 |
| Inventory Turnover | 21.48 | 21.48 | 16.41 | 10.39 | 7.53 | 5.88 | 7.13 | 9.94 | 4.71 | 11.50 | 21.99 |
| Days Sales Outstanding | — | 60.84 | 63.01 | 30.69 | 39.11 | 30.61 | 36.13 | 33.70 | 35.15 | 29.27 | 14.68 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.1% | 1.2% | 1.2% | 2.6% | 1.8% | 1.5% | 1.2% | 1.8% | 2.1% | 2.2% | 1.9% |
| Payout Ratio | 52.1% | 52.1% | 49.9% | 144.3% | 36.0% | 68.3% | 53.9% | 55.4% | 62.3% | 97.0% | 76.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.8% | 2.0% | 2.2% | 1.6% | 4.9% | 2.2% | 2.2% | 3.2% | 3.4% | 2.3% | 2.5% |
| FCF Yield | 3.4% | 3.8% | 3.9% | 1.8% | 6.0% | 4.0% | 2.8% | 6.2% | 2.8% | 3.3% | 3.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.7% | 0.9% | 0.0% | 0.0% | 1.0% |
| Total Shareholder Yield | 1.1% | 1.2% | 1.2% | 2.6% | 1.8% | 1.5% | 1.9% | 2.7% | 2.1% | 2.2% | 2.9% |
| Shares Outstanding | — | $187M | $185M | $168M | $112M | $111M | $110M | $110M | $109M | $108M | $107M |
Integration and leverage overhang
According to current market data, RB Global trades at a forward P/E of 26.92, which appears elevated relative to its historical averages and suggests that investors are pricing in significant future synergy realization despite the company's ongoing struggle to stabilize margins post-IAA acquisition.
The current valuation multiple implies a growth expectation that may be difficult to reconcile with the company's recent volatile earnings performance. Investors should monitor whether the market's willingness to pay a premium for the platform's data-rich ecosystem persists if the integration of the salvage business continues to weigh on consolidated profitability.
Based on reported financial statements, RB Global's ROIC has remained suppressed, hovering near 1.6% in 2026Q1, which indicates that the company is currently failing to generate returns on invested capital that exceed its cost of capital following the massive capital deployment for the IAA merger.
The persistent low return on capital suggests that the significant goodwill and intangible assets added to the balance sheet are not yet contributing to meaningful value creation. This trend warrants further investigation into whether the company can improve its asset utilization or if the current capital structure is structurally inefficient for the combined business model.
As reported in recent quarterly filings, the company's cash conversion cycle has exhibited extreme volatility, swinging from a negative 71 days in 2025Q4 to a positive 81 days in 2024Q3, reflecting the operational challenges of managing inventory across two distinct and complex auction supply chains.
The erratic nature of the cash conversion cycle suggests that the company lacks a stable working capital rhythm, which is critical for a marketplace business. This inconsistency may indicate that the integration of IAA's salvage inventory management is not yet fully optimized, potentially tying up liquidity that could otherwise be deployed for debt reduction.
Based on the provided figures, RB Global's D/EBITDA ratio of 12.37 in 2026Q1 highlights a highly levered balance sheet that leaves the company with limited financial flexibility, especially when compared to the more conservative capital structures typically seen in the broader industrial services sector.
The interest coverage ratio of 4.94 suggests that while the company is currently meeting its obligations, the margin for error is thin should auction volumes decline. Investors should monitor the company's ability to deleverage, as the current debt load appears to be a primary factor limiting the firm's strategic agility.
The P/E ratio is frequently misapplied to RB Global because it fails to account for the significant non-cash amortization charges stemming from the IAA acquisition, which artificially depress GAAP earnings and obscure the underlying cash-generating capacity of the company's core marketplace operations.
Analysts should instead focus on EV/EBITDA or free cash flow metrics to better assess the company's true earning power. Relying on P/E in this context risks underestimating the business's potential, as it ignores the substantial depreciation and amortization that do not reflect the actual cash costs of maintaining the auction network.
Includes 30+ ratios · 29 years · Updated daily
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Quick answers to the most common questions about buying RBA stock.
RB Global, Inc.'s current P/E ratio is 55.4x. The historical average is 31.7x. This places it at the 96th percentile of its historical range.
RB Global, Inc.'s current EV/EBITDA is 17.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.3x.
RB Global, Inc.'s return on equity (ROE) is 7.4%. The historical average is 15.3%.
Based on historical data, RB Global, Inc. is trading at a P/E of 55.4x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
RB Global, Inc.'s current dividend yield is 1.05% with a payout ratio of 52.1%.
RB Global, Inc. has 35.8% gross margin and 17.7% operating margin. Operating margin between 10-20% is typical for established companies.
RB Global, Inc.'s Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.