Why This U.S. Auto Retail Stock is Barclays’ Top Pick Right Now

RB Global (RBA) reported Q2 earnings with net income up 33% YoY to $132M, EPS up 34% to $0.71, and revenue up 11% to $1.3B. Automotive segment drove GTV growth of 13%. Acquisitions boosted growth, but organic GTV growth was 7%. Service revenue take rate fell 110 bps to 20.0%. Management raised full-year guidance and increased the dividend. Hedge fund ownership declined, and short interest is high at 10.54% of float.

RB Global (NYSE: RBA, TSX: RBA) increased its share repurchase program to $1 billion from $500 million, approved by the TSX. The company has already repurchased 5,363,497 shares at an average price of $93.22. The program will run until March 17, 2027, or earlier if completed or discontinued.

RB Global reported Q2 2026 results on an earnings call. Gross Transaction Value rose 11% to $4.7B, total revenue rose 11% to $1.3B, and non-GAAP diluted EPS rose 6% to $1.13. Adjusted EBITDA increased 6% to $387.2M. The company raised 2026 GTV guidance to 9% to 11% and adjusted EBITDA guidance to $1.495B to $1.545B, citing growth and BigIron integration.

RB Global (NYSE:RBA) reported Q2 call highlights on integration of BigIron and segment performance. Management said BigIron’s financial impact will be reflected later in the year. Automotive GTV rose 13% and heavy equipment/transportation GTV rose 8%. Service revenue grew 5% with take rate down 110 bps to 20%. Full-year 2026 GTV guidance raised to 9% to 11%, with adjusted EBITDA growth ~8.6% midpoint; dividend increased and CAD 150M buyback reported.

RB Global, Inc. (RBA, RBA.TO) reported higher second-quarter net income, attributing the increase to higher revenue. The company also raised its FY2026 guidance, lifting the expected growth outlook to 9% to 11% for GTV, with BigIron adding about $500 million in GTV, according to the report.

RB Global (NYSE:RBA) reported Q2 CY2026 revenue of $1.32 billion, up 11.1% year on year, exceeding Wall Street estimates by 6.8%. Non-GAAP adjusted EPS was $1.13, up from $1.07, and was roughly in line with consensus. Analysts expect full-year EPS to rise from $4.18 to $4.64.