RB GLOBAL INC. Earnings Per Share Disclosure
| Year ended December 31, | 2025 | 2024 | 2023 | |||||||||||||||||
| Net income available to common stockholders | $ | 382.2 | $ | 372.7 | $ | 174.9 | ||||||||||||||
| Basic weighted-average shares outstanding | 185.4 | 184.0 | 167.0 | |||||||||||||||||
| Weighted-average effect of dilutive share-based awards | 1.5 | 1.3 | 1.2 | |||||||||||||||||
| Diluted weighted-average shares outstanding | 186.9 | 185.3 | 168.2 | |||||||||||||||||
| Earnings per share available to common stockholders: | ||||||||||||||||||||
| Basic | $ | 2.06 | $ | 2.03 | $ | 1.05 | ||||||||||||||
| Diluted | $ | 2.04 | $ | 2.01 | $ | 1.04 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Feb 26, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Feb 21, 2023 | |
| 2021 | Feb 17, 2022 | |
| 2020 | Feb 18, 2021 | |
| 2019 | Feb 27, 2020 | |
| 2018 | Feb 28, 2019 | |
| 2017 | Feb 26, 2018 | |
| 2016 | Feb 21, 2017 | |
| 2015 | Feb 25, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.