RB Global Q3 revenue fell 4% to $981.8 million; net income rose 20%
RB Global reported third-quarter 2024 results, with total revenue down 4% year-over-year to $981.8 million and GAAP net income up 20% to $76.0 million. Diluted adjusted EPS fell 1% to $0.71, and the company raised the low end of its full-year 2024 Adjusted EBITDA outlook to $1,235 million to $1,270 million, while also declaring a $0.29 quarterly dividend.
Key points
- Total revenue fell 4% to $981.8 million, and gross transaction value (GTV) fell 7% to $3.6 billion for the quarter.
- Net income rose 20% to $76.0 million, and diluted EPS rose 20% to $0.36; diluted adjusted EPS fell 1% to $0.71.
- Full-year 2024 Adjusted EBITDA outlook is now $1,235 million to $1,270 million, up from $1,220 million to $1,270 million.
- Board member Jeffrey Smith retired effective November 6, 2024, and the board reduced authorized directors from eleven to ten.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 08, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.