RB Global (RBA)
Market Price (12/28/2025): $105.69 | Market Cap: $19.6 BilSector: Industrials | Industry: Diversified Support Services
RB Global (RBA)
Market Price (12/28/2025): $105.69Market Cap: $19.6 BilSector: IndustrialsIndustry: Diversified Support Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12% | Key risksRBA key risks include [1] challenges integrating recent large acquisitions, Show more. |
| Low stock price volatilityVol 12M is 24% | |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Circular Economy & Recycling. Themes include Online Marketplaces, and Industrial Asset Reuse & Remarketing. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Low stock price volatilityVol 12M is 24% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Circular Economy & Recycling. Themes include Online Marketplaces, and Industrial Asset Reuse & Remarketing. |
| Key risksRBA key risks include [1] challenges integrating recent large acquisitions, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
Here are the key points for why RB Global (RBA) stock moved by -7.7% for the approximate time period from August 31, 2025, to December 28, 2025:
<b>1. Analyst Downgrades and Price Target Adjustments.</b> Several analysts revised their outlook on RB Global during this period, contributing to negative sentiment. Weiss Ratings downgraded RBA from a "buy" to a "hold" rating on October 25, 2025, and Wall Street Zen followed suit on November 8, 2025, by cutting its rating from "buy" to "hold." Furthermore, National Bankshares reduced its price target for RB Global from $113.00 to $111.00 on October 9, 2025, and Bank of America lowered its price target from $120.00 to $114.00 on November 7, 2025, despite maintaining a "buy" rating.
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<b>2. Lukewarm Market Reaction to Q2 Earnings.</b> Despite RB Global surpassing second-quarter 2025 expectations with an EPS of $1.07 against a forecast of $0.96 and revenue of $1.19 billion exceeding the anticipated $1.13 billion, the stock experienced a slight decline of 0.73% in after-hours trading on August 6, 2025. This muted response to an otherwise positive earnings report may indicate that investors had higher expectations or found other aspects of the report concerning.
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<b>3. Negative Revision of Analyst Earnings Estimates for Q3.</b> Leading up to and around the third-quarter 2025 earnings release on November 6, 2025, the mean earnings estimates from analysts for RB Global had fallen by approximately 3.2% in the preceding three months, with two analysts specifically revising their estimates negatively in the 30 days prior. This downward adjustment of expectations by the analyst community likely put pressure on the stock, even if the company eventually beat these lowered forecasts.
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<b>4. Tempered Full-Year 2025 Outlook.</b> Alongside the strong Q3 results, RB Global updated its full-year 2025 outlook. While Adjusted EBITDA guidance was raised, the company narrowed its Gross Transactional Value (GTV) growth forecast to a range of 0% to 1% compared to full-year 2024 results. A more conservative or narrowed GTV growth projection, even in the context of other positive financial metrics, could have been perceived as a sign of slowing growth or caution by investors.
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<b>5. Broader Macroeconomic Concerns.</b> General macroeconomic uncertainties, such as an environment of higher interest rates and ongoing trade policy concerns, were cited as potential factors contributing to investor caution. Such overarching market sentiments can influence stock performance, leading to a decline even when company-specific news is largely positive, as investors may de-risk their portfolios in uncertain economic conditions.
Show moreStock Movement Drivers
Fundamental Drivers
The -1.6% change in RBA stock from 9/27/2025 to 12/27/2025 was primarily driven by a -5.8% change in the company's P/E Multiple.| 9272025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 107.10 | 105.41 | -1.58% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 4418.00 | 4528.90 | 2.51% |
| Net Income Margin (%) | 9.46% | 9.65% | 2.08% |
| P/E Multiple | 47.52 | 44.75 | -5.82% |
| Shares Outstanding (Mil) | 185.37 | 185.60 | -0.13% |
| Cumulative Contribution | -1.58% |
Market Drivers
9/27/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| RBA | -1.6% | |
| Market (SPY) | 4.3% | 27.8% |
| Sector (XLI) | 3.0% | 42.0% |
Fundamental Drivers
The 0.4% change in RBA stock from 6/28/2025 to 12/27/2025 was primarily driven by a 4.6% change in the company's Total Revenues ($ Mil).| 6282025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 105.03 | 105.41 | 0.36% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 4328.10 | 4528.90 | 4.64% |
| Net Income Margin (%) | 9.68% | 9.65% | -0.31% |
| P/E Multiple | 46.32 | 44.75 | -3.39% |
| Shares Outstanding (Mil) | 184.82 | 185.60 | -0.42% |
| Cumulative Contribution | 0.36% |
Market Drivers
6/28/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| RBA | 0.4% | |
| Market (SPY) | 12.6% | 27.1% |
| Sector (XLI) | 7.5% | 37.1% |
Fundamental Drivers
The 17.4% change in RBA stock from 12/27/2024 to 12/27/2025 was primarily driven by a 8.3% change in the company's Total Revenues ($ Mil).| 12272024 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 89.80 | 105.41 | 17.39% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 4183.50 | 4528.90 | 8.26% |
| Net Income Margin (%) | 9.06% | 9.65% | 6.59% |
| P/E Multiple | 43.68 | 44.75 | 2.45% |
| Shares Outstanding (Mil) | 184.30 | 185.60 | -0.71% |
| Cumulative Contribution | 17.38% |
Market Drivers
12/27/2024 to 12/27/2025| Return | Correlation | |
|---|---|---|
| RBA | 17.4% | |
| Market (SPY) | 17.0% | 51.8% |
| Sector (XLI) | 19.2% | 56.4% |
Fundamental Drivers
The 95.4% change in RBA stock from 12/28/2022 to 12/27/2025 was primarily driven by a 174.6% change in the company's Total Revenues ($ Mil).| 12282022 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 53.94 | 105.41 | 95.44% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1649.30 | 4528.90 | 174.59% |
| Net Income Margin (%) | 18.49% | 9.65% | -47.80% |
| P/E Multiple | 19.60 | 44.75 | 128.33% |
| Shares Outstanding (Mil) | 110.84 | 185.60 | -67.45% |
| Cumulative Contribution | 6.52% |
Market Drivers
12/28/2023 to 12/27/2025| Return | Correlation | |
|---|---|---|
| RBA | 62.2% | |
| Market (SPY) | 48.0% | 44.9% |
| Sector (XLI) | 41.2% | 49.7% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RBA Return | 65% | -11% | -4% | 20% | 37% | 18% | 175% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| RBA Win Rate | 58% | 42% | 50% | 67% | 67% | 58% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| RBA Max Drawdown | -37% | -26% | -17% | -8% | -8% | -2% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See RBA Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | RBA | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -32.2% | -25.4% |
| % Gain to Breakeven | 47.5% | 34.1% |
| Time to Breakeven | 730 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -39.3% | -33.9% |
| % Gain to Breakeven | 64.6% | 51.3% |
| Time to Breakeven | 126 days | 148 days |
| 2018 Correction | ||
| % Loss | -28.4% | -19.8% |
| % Gain to Breakeven | 39.6% | 24.7% |
| Time to Breakeven | 198 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -52.0% | -56.8% |
| % Gain to Breakeven | 108.4% | 131.3% |
| Time to Breakeven | 785 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
RB Global's stock fell -32.2% during the 2022 Inflation Shock from a high on 11/5/2021. A -32.2% loss requires a 47.5% gain to breakeven.
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AI Analysis | Feedback
Here are a couple of analogies for RB Global (RBA):
- eBay for heavy equipment and industrial assets.
- A global marketplace like Amazon, but focused on auctions for industrial machinery and salvage vehicles.
AI Analysis | Feedback
- Industrial Equipment Auctions: Facilitating the sale of heavy equipment, trucks, and other industrial assets through live and online unreserved auctions.
- Online Marketplaces: Providing digital platforms for buying and selling industrial equipment with flexible transaction formats like "buy now" and "make offer."
- Equipment Inspection Services: Offering professional inspection, appraisal, and certification services to ensure transparency and build buyer confidence for machinery.
- Logistics Solutions: Providing comprehensive transportation and logistics planning to assist buyers and sellers in moving equipment globally.
AI Analysis | Feedback
RB Global (symbol: RBA) primarily serves other businesses (B2B) by providing platforms and services for the sale and purchase of heavy equipment, trucks, other industrial assets, and salvage vehicles. Due to the nature of their business as a global marketplace and auctioneer, RB Global typically serves a highly fragmented customer base rather than having a few identifiable "major" customer companies that represent a significant portion of their revenue. Their value proposition lies in aggregating numerous buyers and sellers globally. Therefore, specific names of major customer companies are not publicly disclosed. However, their major customer categories, representing the types of businesses they serve, include: * **Construction Companies:** Ranging from independent contractors to large-scale construction enterprises, these companies are frequent sellers and buyers of heavy machinery and equipment through RB Global's platforms. * **Transportation and Trucking Companies:** Businesses involved in logistics, freight, and commercial hauling that utilize RB Global for acquiring and disposing of commercial trucks, trailers, and other related assets. * **Equipment Rental Companies:** Firms that manage extensive fleets of rental equipment, using RB Global's services to sell off depreciated assets and acquire new additions to their inventory. * **Financial Institutions and Equipment Dealers:** Financial institutions sell repossessed equipment, while equipment dealers use the platforms to manage their inventory, source used equipment, or liquidate trade-ins. * **Insurance Companies and Salvage Industry Businesses:** With the acquisition of IAA, Inc., RB Global serves insurance companies looking to dispose of total loss or damaged vehicles, as well as vehicle dismantlers, recyclers, and rebuilders who purchase these salvage vehicles.AI Analysis | Feedback
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Jim Kessler, Chief Executive Officer
Mr. Kessler was appointed Chief Executive Officer of RB Global in August 2023, having previously served as President and Chief Operating Officer since 2021, and Chief Operating Officer since 2020. Prior to joining RB Global, he spent two decades in the automotive industry. He served as President, Emerging Business at Caliber Collision from 2019 to 2020 and as Chief Operating Officer of ABRA Auto Body and Glass from 2017 to 2019. At ABRA, he oversaw operations, procurement, and growth initiatives, including the integration of the merger between ABRA and Caliber Collision, creating the first national collision repair provider in the United States. He also held senior leadership positions at vRide, City Sports (as CFO & COO), and Pep Boys. Mr. Kessler is also an Operating Advisor to Percheron Capital, a private equity firm.
Eric J. Guerin, Chief Financial Officer
Mr. Guerin brings extensive senior executive financial leadership experience to RB Global, having been appointed Chief Financial Officer effective January 15, 2024. Most recently, he served as the Chief Financial Officer of Veritiv Corporation from March 2023 until its acquisition in November 2023. Prior to that, Mr. Guerin was Executive Vice President and Chief Financial Officer of CDK Global, Inc., a provider of retail technology and software-as-a-service solutions, until its acquisition in July 2022. He also held various financial management roles at Corning Incorporated, Flowserve Corporation, Novartis, and Johnson & Johnson.
Steve Lewis, Chief Operations Officer
Mr. Lewis was appointed Chief Operations Officer of RB Global in 2024, bringing extensive senior leadership experience in operations and supply chain management. He also leads IAA operations.
Nancy King, Chief Technology Officer
Ms. King joined RB Global in 2024 as Chief Technology Officer, leveraging extensive information technology leadership experience to define and lead the company's overall technology vision and strategy. Previously, she was the Sr. Vice President of Product Engineering at Target.
Jen Schmit, Chief People Officer
Ms. Schmit was appointed as the Chief People Officer at RB Global in 2025.
AI Analysis | Feedback
The key risks to RB Global's business (symbol: RBA) include its sensitivity to macroeconomic factors, intense competition and the ongoing digital transformation of the auction industry, and the challenges associated with integrating recent large acquisitions.
- Macroeconomic Sensitivity and Cyclical Industries: RB Global's operations are highly susceptible to macroeconomic factors and the cyclical nature of the industries it serves, such as construction, automotive, and heavy equipment. Economic slowdowns, inflation, and interest rate volatility can directly impact Gross Transaction Value (GTV) and profit margins. For example, a decline in commercial construction and transportation GTV was observed in Q1 2025, highlighting this vulnerability. The company's performance is tied to these cycles, and a prolonged downturn in these sectors could lead to reduced transaction volumes and lower margins. Additionally, RB Global is exposed to interest rate volatility on a significant portion of its long-term debt.
- Competition and Digital Transformation: RB Global faces significant competition from both established players and new entrants, particularly as the auction industry undergoes digital transformation. This competitive pressure can lead to challenges in maintaining market position, with digital alternatives potentially impacting auction margins. In the auto salvage sector, for instance, Copart is a primary competitor, and RB Global is actively working to gain market share. The need to continuously innovate and adapt to emerging technologies and business models is crucial for RB Global to differentiate itself and sustain its competitive advantage.
- Integration of Acquisitions and Related Debt: RB Global has undertaken significant strategic acquisitions, such as IAA in 2023 and J.M. Wood Auction Co. in 2025. The integration of these large organizations presents various risks, including potential cultural clashes, difficulties in aligning operational processes, and the possibility of losing key customers or employees during the transition period. Furthermore, these acquisitions have contributed to a significant increase in RB Global's debt, which could limit its financial flexibility compared to competitors.
AI Analysis | Feedback
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RB Global (RBA) operates as a leading omnichannel marketplace for buyers and sellers of commercial assets and vehicles worldwide. Their main products and services revolve around facilitating transactions for various asset classes, including construction equipment, agricultural equipment, commercial transportation, and automotive (particularly salvage vehicles).
Addressable Markets:
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Global Used Construction Equipment Market: This market was valued at approximately $165.16 billion in 2021 and is projected to reach $484.31 billion by 2031, growing at a compound annual growth rate (CAGR) of 11.2% from 2022 to 2031. Other estimates place the market size at around $125.60 billion in 2025, expanding to $168.16 billion by 2030 with a CAGR of 6.01%, or an estimated US$99.2 billion in 2024, reaching US$122.0 billion by 2030 at a CAGR of 3.5%. Another projection estimates the market at USD 131.38 billion in 2024, growing to USD 227.82 billion by 2035 with a CAGR of 5.13%. North America holds a significant share, accounting for approximately 40% of the global used construction equipment market.
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Global Heavy Equipment Auction Market: The heavy equipment auction market was valued at $12 billion in 2023 and is expected to grow to $18 billion by 2030, demonstrating a CAGR of 7.00%. The global heavy equipment auction platform market reached USD 10.2 billion in 2024 and is projected to grow to USD 19.5 billion by 2033, at a robust CAGR of 7.4%. North America is a dominant region within this market, holding over 40% of the global revenue.
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Global Used Agriculture Equipment Market: The global used agriculture equipment market was valued at $121.2 billion in 2022 and is projected to reach $192.5 billion by 2032, with a CAGR of 4.6% from 2023 to 2032. Another report estimates the global agricultural equipment market size at USD 169.55 billion in 2024, projected to reach USD 295.28 billion by 2033, with a CAGR of 6.7% from 2025 to 2033. Additionally, the global agriculture equipment market size, which includes used equipment, is recorded at USD 119.06 billion in 2024, and is expected to reach around USD 189.61 billion by 2034, expanding at a CAGR of 4.80%. The North America agriculture equipment market size surpassed USD 45.24 billion in 2024.
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Global Vehicle Auction Market: The global vehicle auction market, which includes salvage vehicles, is estimated to reach between $45 billion and $55 billion by 2025, with a projected CAGR of 8-12% through 2030. Another source states the global Car Auction Market (which includes commercial vehicles) is estimated at USD 385 billion in 2025 and projected to reach USD 580 billion by 2033, expanding at a CAGR of 7.8%. In the U.S. specifically, the vehicle auction market was valued at approximately US$3.47 billion in 2024 and is expected to reach US$4.48 billion by 2030, growing at an approximate CAGR of 4%.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for RB Global (RBA) over the next 2-3 years:
- Expanded Partnership with U.S. General Services Administration (GSA) and Automotive Sector Growth: RB Global anticipates significant revenue growth from the full integration of its expanded partnership with the U.S. General Services Administration (GSA) for remarketing vehicles. This agreement is expected to substantially increase automotive unit volumes, with management targeting run-rate benefits by the second quarter of 2026. These vehicles are also projected to enhance average selling prices within the automotive segment.
- Increased Service Revenue Take Rate: The company has demonstrated an expanding service revenue take rate, driven by a higher average buyer fee rate structure and growth in its marketplace services. This indicates RB Global's continued ability to capture a larger percentage of gross transactional value (GTV), directly contributing to revenue growth.
- Strategic Acquisitions and Global Market Expansion: RB Global's strategy includes leveraging strategic acquisitions, such as J.M. Wood in the U.S., and new operations in Australia, to build a larger global footprint. These acquisitions contribute to diversified service offerings, particularly in sectors like commercial construction and transportation, and are expected to improve cross-selling opportunities and expand its market presence. The company's existing international presence and omnichannel platform also provide opportunities for further market expansion.
- Growth in E-commerce Marketplace and Digital Transformation: Analysts highlight that the ongoing growth in RB Global's e-commerce marketplace activities and digital transformation initiatives are expected to drive higher transaction volumes and revenue. The shift towards more asset sales and auctions moving online will allow RB Global to reach a broader international buyer base and enhance overall transaction activity.
AI Analysis | Feedback
Share Repurchases
- The 5-Year Share Buyback Ratio for RB Global as of August 23, 2025, was -12.60, indicating a net issuance rather than repurchases.
- Trefis data shows RB Global's stock repurchases saw a -100% decline in the last twelve months and peaked in 2020, with no increase since 2018.
Share Issuance
- In the third quarter of 2025, RB Global reported an issuance of Series A Senior Preferred Shares and common stock, net of issuance costs, totaling $496.9 million.
- The number of common shares outstanding increased from 183,016,770 as of February 27, 2024, to 184,748,861 as of January 31, 2025.
Outbound Investments
- RB Global completed the acquisition of J.M. Wood for $239.0 million in Q3 2025, contributing to a 23% increase in inventory sales.
- The company announced a definitive agreement to acquire Smith Broughton Auctioneers and Allied Equipment Sales in Western Australia for approximately $38 million to expand its geographic footprint.
- RB Global formed the LKQ SYNETIQ joint venture in Q3 2025, which resulted in a $15.5 million deconsolidation loss.
Capital Expenditures
- RB Global's capital expenditures for the full year 2025 are estimated to range between $350 million and $400 million.
- The company continues to invest in growth initiatives and enhancing the customer experience to position for durable long-term growth.
- Capital expenditures growth is forecasted to average 21.8% over the next five fiscal years, with a current growth forecast of 114.1%.
Latest Trefis Analyses
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|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to RBA. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
| 09302024 | RBA | RB Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 25.4% | 36.2% | -2.2% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for RB Global
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 91.78 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.1% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 17.4% |
| Op Mgn 3Y Avg | 17.2% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 20.3% |
| CFO/Rev 3Y Avg | 20.6% |
| FCF/Rev LTM | 15.1% |
| FCF/Rev 3Y Avg | 15.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 158.8 |
| P/S | 4.3 |
| P/EBIT | 23.8 |
| P/E | 38.5 |
| P/CFO | 21.3 |
| Total Yield | 4.2% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.7% |
| 3M Rtn | 4.9% |
| 6M Rtn | 10.9% |
| 12M Rtn | 16.8% |
| 3Y Rtn | 88.4% |
| 1M Excs Rtn | -1.1% |
| 3M Excs Rtn | 0.6% |
| 6M Excs Rtn | -1.3% |
| 12M Excs Rtn | 0.7% |
| 3Y Excs Rtn | 12.2% |
Comparison Analyses
Price Behavior
| Market Price | $105.41 | |
| Market Cap ($ Bil) | 19.6 | |
| First Trading Date | 03/10/1998 | |
| Distance from 52W High | -11.1% | |
| 50 Days | 200 Days | |
| DMA Price | $100.25 | $104.47 |
| DMA Trend | indeterminate | down |
| Distance from DMA | 5.1% | 0.9% |
| 3M | 1YR | |
| Volatility | 23.3% | 23.9% |
| Downside Capture | 81.80 | 67.73 |
| Upside Capture | 57.48 | 72.90 |
| Correlation (SPY) | 26.4% | 51.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.57 | 0.43 | 0.46 | 0.49 | 0.63 | 0.71 |
| Up Beta | -0.33 | 0.31 | 0.37 | 0.45 | 0.54 | 0.50 |
| Down Beta | 1.08 | 0.16 | 0.15 | 0.36 | 0.69 | 0.73 |
| Up Capture | 51% | 13% | 8% | 30% | 52% | 67% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 9 | 20 | 30 | 63 | 130 | 411 |
| Down Capture | 83% | 90% | 107% | 81% | 80% | 93% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 11 | 22 | 33 | 62 | 117 | 336 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of RBA With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| RBA | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 17.8% | 19.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 23.7% | 18.8% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.63 | 0.80 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 56.5% | 51.8% | 3.7% | 20.6% | 47.0% | 26.6% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of RBA With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| RBA | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 11.5% | 13.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 29.7% | 17.2% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.40 | 0.65 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 44.1% | 42.8% | 8.9% | 13.7% | 36.2% | 16.0% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 10-Year Data
| Comparison of RBA With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| RBA | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 18.2% | 13.5% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 30.4% | 19.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.61 | 0.60 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 43.8% | 43.3% | 5.4% | 17.8% | 36.5% | 13.4% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | 4.4% | 4.7% | 3.2% |
| 5/7/2025 | 2.5% | 3.2% | 3.1% |
| 2/18/2025 | 8.5% | 5.0% | 2.8% |
| 11/8/2024 | 2.8% | 3.4% | 9.3% |
| 8/6/2024 | 9.3% | 8.7% | 17.4% |
| 5/9/2024 | 4.9% | 2.9% | 8.9% |
| 2/23/2024 | 12.2% | 11.0% | 12.5% |
| 11/9/2023 | -10.3% | -8.4% | -5.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 12 | 15 |
| # Negative | 10 | 11 | 8 |
| Median Positive | 8.2% | 4.0% | 3.4% |
| Median Negative | -6.4% | -6.8% | -4.8% |
| Max Positive | 13.9% | 26.0% | 18.8% |
| Max Negative | -17.7% | -12.0% | -18.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11062025 | 10-Q 9/30/2025 |
| 6302025 | 8062025 | 10-Q 6/30/2025 |
| 3312025 | 5072025 | 10-Q 3/31/2025 |
| 12312024 | 2262025 | 10-K 12/31/2024 |
| 9302024 | 11082024 | 10-Q 9/30/2024 |
| 6302024 | 8062024 | 10-Q 6/30/2024 |
| 3312024 | 5092024 | 10-Q 3/31/2024 |
| 12312023 | 2282024 | 10-K 12/31/2023 |
| 9302023 | 11092023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5102023 | 10-Q 3/31/2023 |
| 12312022 | 2212023 | 10-K 12/31/2022 |
| 9302022 | 11072022 | 10-Q 9/30/2022 |
| 6302022 | 8042022 | 10-Q 6/30/2022 |
| 3312022 | 5092022 | 10-Q 3/31/2022 |
| 12312021 | 2172022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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