RB Global Q4 EPS rises 17% and EBITDA margin expands to 8.9%
RB Global reported a 17% increase in Q4 adjusted EPS and 10% rise in adjusted EBITDA, with EBITDA margin expanding to 8.9% from 8.4% after 4% growth in gross transaction value. The company guided 2026 GTV growth of 5–8% and adjusted EBITDA of $1.47–$1.53 billion.
1. Q4 Financial Performance
RB Global delivered a 17% increase in Q4 adjusted EPS and 10% rise in adjusted EBITDA, driven by 4% growth in gross transaction value, lower net interest expense, and a reduced tax rate. Adjusted EBITDA margin expanded to 8.9% from 8.4% year-over-year.
2. Automotive Segment Momentum
Automotive gross transaction value rose 3% in Q4, or 12% excluding catastrophic events, while unit volumes grew 8%. The company secured multi-year renewals with its two largest partners, providing long-term volume visibility.
3. CC&T Stabilization and International Auctions
CC&T GTV increased 9% in Q4 (10% excluding Yellow bankruptcy) as used equipment values stabilized. A new reserved auction format will be launched in markets such as Germany and the Nordics to boost price realization.
4. 2026 Guidance and AI Investment
Management guided 5–8% GTV growth in 2026 and adjusted EBITDA of $1.47–$1.53 billion, reflecting roughly 7% growth at midpoint. The IAA Total Loss Predictor AI tool is set to roll out in 2026 to optimize vehicle routing and reduce storage and rental costs.