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RB Global: Can 27% CC&T Growth Offset Take Rate Pressure?

RB Global reported its first-quarter 2026 financial and operational results highlighting continued growth amid complex macroeconomic conditions. The company posted a 13% year-over-year increase in Gross Transaction Value (GTV) to $4.3 billion, driven by a 7% increase in automotive sector GTV and a 27% rise in Commercial Construction and Transportation (CC&T) sector GTV. Excluding acquisitions, organic GTV growth across all sectors was approximately 9%, indicating underlying business strength. The automotive sector saw a 1% increase in unit volumes and a 6% rise in average selling prices, with U.S. insurance average selling prices up around 10%, supported by marketplace enhancements and expanded buyer participation. This growth occurred despite disruptions in the Middle East affecting market alliance partners and buyers. Gross returns, based on salvage values as a percentage of pre-accident cash value, improved, reflecting resilience and optimization of the auction format.