Rb Global Inc. (RBA) intrinsic value & 10-year financials

Rb Global Inc. (RBA) has a Graham intrinsic value of $50.93 per share. At $84.30 on Oct 17, 2026, the stock trades 66% above that value. Over the last 10 fiscal years revenue grew 16.9% a year to $4.6B, with an average return on invested capital of 10.1%.

Graham intrinsic value
$50.93
Share price (Oct 17, 2026)
$84.30
Price vs Graham value
66% above
Market cap
$15.8B
Revenue (FY2025)
$4.6B
Revenue growth (10-yr CAGR)
16.9%
ROIC (10-yr avg)
10.1%
Free cash flow (FY2025)
$719.2M

RBA 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $4.6B $428.4M $2.04 $719.2M 15.5% 6.4%
FY2024 $4.3B $413.1M $2.01 $764.6M 17.8% 6.5%
FY2023 $3.7B $206.5M $1.04 $316.1M 12.8% 6.6%
FY2022 $1.7B $319.7M $2.86 $431.1M 26.2% 17.4%
FY2021 $1.4B $151.9M $1.36 $307.8M 16.9% 8.7%
FY2020 $1.4B $170.1M $1.54 $243.6M 19.1% 13.5%
FY2019 $1.3B $149.0M $1.36 $319.2M 16.9% 13.3%
FY2018 $1.2B $121.5M $1.11 $127.4M 15.8% 11.4%
FY2017 $971.2M $75.0M $0.69 $135.5M 11.1% 8.8%
FY2016 $1.1B $91.8M $0.85 $158.6M 12.0% 8.8%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

RB GLOBAL INC. is a consistent compounder, expanding top-line revenue at 16.9% annually over the past decade.

RB GLOBAL INC. returns on capital have been average, hovering around 10.1% ROIC over the decade.

Over the decade, RB GLOBAL INC. shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, RB GLOBAL INC. is modeled at 10.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $50.93 per share.

RBA stock: frequently asked questions

What is the intrinsic value of Rb Global Inc. (RBA) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 10.2% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, RBA's intrinsic value is about $50.93 per share.

Is RBA stock undervalued?

At $84.30 (close on Oct 17, 2026), RBA trades 66% above its Graham value of $50.93. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Rb Global Inc. grown?

Revenue went from $1.1B in fiscal 2016 to $4.6B in fiscal 2025, a compound annual growth rate of 16.9%. Net income was $428.4M in fiscal 2025.

Does Rb Global Inc. generate free cash flow?

Rb Global Inc. generated $719.2M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 10 of the last 10 reported years.

What is RBA's return on invested capital?

Average ROIC over the last 10 fiscal years was 10.1%, and average return on equity was 13.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this RBA data come from?

From Rb Global Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 4, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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