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Side-by-side financial comparison of RB GLOBAL INC. (RBA) and SiriusPoint Ltd (SPNT). Click either name above to swap in a different company.

RB GLOBAL INC. is the larger business by last-quarter revenue ($1.2B vs $973.7M, roughly 1.2× SiriusPoint Ltd). SiriusPoint Ltd runs the higher net margin — 25.1% vs 9.1%, a 16.0% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs 5.4%). Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% CAGR vs 6.3%).

Ritchie Bros. Auctioneers (RBA), or simply Ritchie Bros., is a publicly traded company legally domiciled in Canada with headquarters in Westchester, Illinois. Its common shares are traded on the Toronto Stock Exchange and the New York Stock Exchange.

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

RBA vs SPNT — Head-to-Head

Bigger by revenue
RBA
RBA
1.2× larger
RBA
$1.2B
$973.7M
SPNT
Growing faster (revenue YoY)
SPNT
SPNT
+53.5% gap
SPNT
58.9%
5.4%
RBA
Higher net margin
SPNT
SPNT
16.0% more per $
SPNT
25.1%
9.1%
RBA
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
6.3%
RBA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RBA
RBA
SPNT
SPNT
Revenue
$1.2B
$973.7M
Net Profit
$109.7M
$244.1M
Gross Margin
Operating Margin
14.7%
28.8%
Net Margin
9.1%
25.1%
Revenue YoY
5.4%
58.9%
Net Profit YoY
-7.4%
1535.9%
EPS (diluted)
$0.53
$1.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RBA
RBA
SPNT
SPNT
Q4 25
$1.2B
$973.7M
Q3 25
$1.1B
$755.9M
Q2 25
$1.2B
$748.2M
Q1 25
$1.1B
$727.3M
Q4 24
$1.1B
$612.8M
Q3 24
$981.8M
$562.2M
Q2 24
$1.1B
$743.3M
Q1 24
$1.1B
$685.5M
Net Profit
RBA
RBA
SPNT
SPNT
Q4 25
$109.7M
$244.1M
Q3 25
$95.5M
$90.8M
Q2 25
$109.8M
$63.2M
Q1 25
$113.4M
$61.6M
Q4 24
$118.5M
$-17.0M
Q3 24
$76.1M
$8.5M
Q2 24
$111.1M
$113.9M
Q1 24
$107.4M
$94.8M
Operating Margin
RBA
RBA
SPNT
SPNT
Q4 25
14.7%
28.8%
Q3 25
14.5%
14.7%
Q2 25
15.9%
10.0%
Q1 25
17.1%
10.4%
Q4 24
18.1%
-2.1%
Q3 24
15.6%
2.0%
Q2 24
18.4%
17.4%
Q1 24
18.7%
15.4%
Net Margin
RBA
RBA
SPNT
SPNT
Q4 25
9.1%
25.1%
Q3 25
8.7%
12.0%
Q2 25
9.3%
8.4%
Q1 25
10.2%
8.5%
Q4 24
10.4%
-2.8%
Q3 24
7.8%
1.5%
Q2 24
10.1%
15.3%
Q1 24
10.1%
13.8%
EPS (diluted)
RBA
RBA
SPNT
SPNT
Q4 25
$0.53
$1.92
Q3 25
$0.43
$0.73
Q2 25
$0.53
$0.50
Q1 25
$0.55
$0.49
Q4 24
$0.58
$-0.05
Q3 24
$0.36
$0.03
Q2 24
$0.54
$0.57
Q1 24
$0.53
$0.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RBA
RBA
SPNT
SPNT
Cash + ST InvestmentsLiquidity on hand
$531.5M
$731.2M
Total DebtLower is stronger
$2.3B
$688.6M
Stockholders' EquityBook value
$5.6B
$2.5B
Total Assets
$12.1B
$12.6B
Debt / EquityLower = less leverage
0.42×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RBA
RBA
SPNT
SPNT
Q4 25
$531.5M
$731.2M
Q3 25
$674.7M
$582.4M
Q2 25
$710.2M
$732.4M
Q1 25
$578.1M
$740.3M
Q4 24
$533.9M
$682.0M
Q3 24
$650.7M
$640.7M
Q2 24
$599.5M
$598.1M
Q1 24
$462.8M
$867.5M
Total Debt
RBA
RBA
SPNT
SPNT
Q4 25
$2.3B
$688.6M
Q3 25
$2.6B
$682.5M
Q2 25
$2.6B
$678.4M
Q1 25
$2.6B
$663.5M
Q4 24
$2.6B
$639.1M
Q3 24
$2.7B
$660.5M
Q2 24
$2.8B
$648.6M
Q1 24
$2.9B
$770.6M
Stockholders' Equity
RBA
RBA
SPNT
SPNT
Q4 25
$5.6B
$2.5B
Q3 25
$5.5B
$2.2B
Q2 25
$5.5B
$2.1B
Q1 25
$5.3B
$2.0B
Q4 24
$5.2B
$1.9B
Q3 24
$5.2B
$2.7B
Q2 24
$5.2B
$2.7B
Q1 24
$5.1B
$2.6B
Total Assets
RBA
RBA
SPNT
SPNT
Q4 25
$12.1B
$12.6B
Q3 25
$12.2B
$12.5B
Q2 25
$12.2B
$12.4B
Q1 25
$11.9B
$12.3B
Q4 24
$11.8B
$12.5B
Q3 24
$11.9B
$12.7B
Q2 24
$12.1B
$12.8B
Q1 24
$12.0B
$13.1B
Debt / Equity
RBA
RBA
SPNT
SPNT
Q4 25
0.42×
0.28×
Q3 25
0.47×
0.31×
Q2 25
0.47×
0.32×
Q1 25
0.50×
0.33×
Q4 24
0.50×
0.33×
Q3 24
0.52×
0.25×
Q2 24
0.55×
0.24×
Q1 24
0.58×
0.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RBA
RBA
SPNT
SPNT
Operating Cash FlowLast quarter
$255.2M
$-26.4M
Free Cash FlowOCF − Capex
$186.5M
FCF MarginFCF / Revenue
15.5%
Capex IntensityCapex / Revenue
5.7%
Cash ConversionOCF / Net Profit
2.33×
-0.11×
TTM Free Cash FlowTrailing 4 quarters
$719.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RBA
RBA
SPNT
SPNT
Q4 25
$255.2M
$-26.4M
Q3 25
$239.7M
$155.6M
Q2 25
$326.5M
$62.1M
Q1 25
$156.8M
$-88.9M
Q4 24
$184.5M
$107.7M
Q3 24
$285.4M
$58.1M
Q2 24
$337.3M
$-149.9M
Q1 24
$124.8M
$58.8M
Free Cash Flow
RBA
RBA
SPNT
SPNT
Q4 25
$186.5M
Q3 25
$188.5M
Q2 25
$241.7M
Q1 25
$102.5M
Q4 24
$127.9M
Q3 24
$248.5M
Q2 24
$308.6M
Q1 24
$79.6M
FCF Margin
RBA
RBA
SPNT
SPNT
Q4 25
15.5%
Q3 25
17.3%
Q2 25
20.4%
Q1 25
9.2%
Q4 24
11.2%
Q3 24
25.3%
Q2 24
28.2%
Q1 24
7.5%
Capex Intensity
RBA
RBA
SPNT
SPNT
Q4 25
5.7%
Q3 25
4.7%
Q2 25
7.2%
Q1 25
4.9%
Q4 24
5.0%
Q3 24
3.8%
Q2 24
2.6%
Q1 24
4.2%
Cash Conversion
RBA
RBA
SPNT
SPNT
Q4 25
2.33×
-0.11×
Q3 25
2.51×
1.71×
Q2 25
2.97×
0.98×
Q1 25
1.38×
-1.44×
Q4 24
1.56×
Q3 24
3.75×
6.84×
Q2 24
3.04×
-1.32×
Q1 24
1.16×
0.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RBA
RBA

Buyer Revenue$577.2M48%
Seller Revenue$255.2M21%
CA$199.0M17%
Other$124.7M10%
AU$47.3M4%

SPNT
SPNT

Segment breakdown not available.

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