← RB GLOBAL INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $91.8m | $75.0m | $121.5m | $149.0m | $170.1m | $151.9m | $319.7m | $206.5m | $413.1m | $428.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $91.8m | $75.0m | $121.5m | $149.0m | $170.1m | $151.9m | $319.7m | $174.9m | $372.7m | $382.2m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $93.5m | $75.3m | $121.5m | $149.1m | $170.4m | $151.9m | $319.8m | $206.0m | $412.8m | $427.6m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.7m | $279k | $27k | $101k | $263k | ($14k) | $101k | — | — | — | |
| Depreciation, Depletion and Amortization | $40.9m | $52.7m | $66.6m | $70.5m | $74.9m | $87.9m | $97.2m | $352.2m | $444.4m | $483.4m | |
| Amortization | $9.9m | $24.4m | $37.6m | $41.4m | $43.6m | $55.5m | $65.7m | $266.0m | $340.8m | $374.7m | |
| Amortization of Debt Issuance Costs | $359k | $3.1m | $5.0m | $4.1m | $3.1m | $2.9m | $3.9m | $10.1m | $12.5m | $9.4m | |
| Depreciation | $31.0m | $28.3m | $29.0m | $29.1m | $31.3m | $32.4m | $31.4m | $86.2m | $103.6m | $108.7m | |
| Deferred Income Tax Expense (Benefit) | ($3.4m) | ($17.3m) | $6.2m | $8.8m | $9.2m | $3.9m | ($253k) | ($65.8m) | ($69.2m) | ($54.2m) | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | $31.3m | $41.7m | $55.8m | $62.4m | $66.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $3.9m | $5.3m | $6.7m | $9.3m | $4.0m | $15.9m | $14.8m | $20.8m | |
| Share-based Payment Arrangement, Expense | $19.6m | $19.7m | $23.4m | $16.4m | $22.7m | $33.9m | $44.5m | $57.5m | $62.4m | $66.0m | |
| Goodwill, Impairment Loss | $23.6m | $0 | $0 | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | $1.7m | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | $1.3m | $1.7m | $2.7m | $1.1m | $1.6m | $1.4m | $170.8m | $4.9m | $3.8m | $2.2m | |
| Gain (Loss) on Extinguishment of Debt | ($6.8m) | — | — | — | — | — | ($4.8m) | ($3.3m) | $0 | — | |
| Income (Loss) from Equity Method Investments | $1.0m | ($26k) | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $37.0m | $2.1m | $31.0m | $41.6m | $65.5m | $53.4m | $86.2m | $76.4m | $137.3m | $108.0m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $233.7m | $191.6m | |
| Operating Lease, Expense | — | — | — | — | $26.7m | $28.0m | $35.1m | — | — | — | |
| Other Nonoperating Income (Expense) | $4.2m | $5.1m | $11.8m | $8.8m | $8.3m | $3.3m | $1.1m | $4.7m | ($1.7m) | ($100k) | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $1.0m | ($26k) | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($6.4m) | $19.2m | $43.3m | $8.6m | ($22.1m) | $11.6m | $44.1m | $36.8m | ($14.8m) | ($46.9m) | |
| Increase (Decrease) in Inventories | ($26.6m) | $8.6m | $77.3m | ($44.6m) | $18.1m | $21.9m | $7.2m | $10.7m | ($26.2m) | $12.9m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.4m) | ($2.6m) | $212k | $2.9m | ($1.6m) | ($792k) | $954k | ($1.8m) | ($1.9m) | ($1.0m) | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($1.9m) | ($254k) | ($951k) | $3.1m | ($2.5m) | $107k | $6.5m | ($6.6m) | $400k | — | |
| Goodwill | $97.5m | $670.9m | $671.6m | $672.3m | $840.6m | $947.7m | $948.8m | $4.5b | $4.5b | $4.7b | |
| Inventory Write-down | $3.1m | $834k | — | $4.2m | $1.7m | $2.7m | $4.4m | $7.0m | $14.9m | $8.3m | |
| Investment Income, Interest | $1.9m | $3.2m | — | — | — | — | $7.0m | $22.0m | $26.2m | $14.9m | |
| Stock or Unit Option Plan Expense | $5.5m | $13.7m | $8.3m | $4.7m | $5.9m | — | — | — | — | — | |
| Operating Cash Flow | $177.6m | $146.3m | $144.3m | $332.8m | $257.9m | $317.6m | $463.1m | $544.0m | $932.0m | $978.2m | |
| Cash Flow From Continuing Operating Activities | $177.6m | $146.3m | $144.3m | $332.8m | $257.9m | $317.6m | $463.1m | $544.0m | $932.0m | $978.2m | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | ($1.2m) | $1.3m | $0 | $0 | — | |
| Net Cash Provided by (Used in) Operating Activities | $177.6m | $146.3m | $144.3m | $332.8m | $257.9m | $317.6m | $463.1m | $544.0m | $932.0m | $978.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $18.9m | $10.8m | $16.9m | $13.6m | $14.3m | $9.8m | $32.0m | $227.9m | $167.4m | $259.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | — | $192.8m | |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net | — | — | — | — | — | — | — | $1.4m | $0 | — | |
| Payments for (Proceeds from) Other Investing Activities | $248k | $692k | $4.7m | $982k | — | — | ($340k) | $1.3m | $2.7m | $5.2m | |
| Net Cash Provided by (Used in) Investing Activities | ($116.9m) | ($711.0m) | ($31.0m) | ($36.1m) | ($276.7m) | ($214.1m) | $77.3m | ($3.1b) | ($301.6m) | ($552.9m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $647.1m | $325.0m | — | — | — | $1.1b | $0 | $3.2b | $0 | $275.0m | |
| Repayments of Long-term Debt | $148.2m | $109.0m | $91.0m | $76.3m | $13.7m | $5.3m | $1.1b | $654.4m | $454.4m | $576.7m | |
| Proceeds from Issuance of Common Stock | $24.3m | $9.9m | $28.5m | $41.1m | — | $0 | $0 | — | $0 | $0 | |
| Payments for Repurchase of Common Stock | $36.7m | — | — | $42.0m | $53.2m | — | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $70.5m | $72.8m | $75.7m | $82.5m | $91.7m | $103.8m | $115.2m | $298.0m | $206.0m | — | |
| Proceeds from (Payments for) Other Financing Activities | $511k | ($106k) | ($1.2m) | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $404.1m | $120.6m | ($134.1m) | ($187.2m) | ($111.5m) | $960.9m | ($1.3b) | $2.7b | ($645.5m) | ($461.4m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $4k | $17.1m | ($4.8m) | $5.2m | $16.9m | ($8.9m) | ($18.8m) | $10.1m | ($24.0m) | $22.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $4k | ($427.0m) | ($25.5m) | $114.7m | ($113.4m) | $1.1b | ($736.5m) | $122.0m | ($39.1m) | ($14.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $4k | $331.1m | $305.6m | $420.3m | $306.9m | $1.4b | $625.9m | $747.9m | $708.8m | $694.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $5.8m | $23.4m | $39.4m | $37.0m | $32.5m | $45.0m | $38.0m | $163.4m | $228.8m | $189.2m | |
| Income Taxes Paid, Net | $54.0m | $28.3m | $10.4m | $26.7m | $43.4m | $71.2m | $29.6m | $180.0m | $201.0m | $227.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.