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RB Global RBA Change in Tax Valuation Allowance

Change in Tax Valuation Allowance at other companies

Jaguar Uranium logo
Jaguar UraniumJAGU
$115.97K-51.8%
BK
BKBK
-$3.25M-1,200%
RB Global logo
RB GlobalRBA
$0+100%
Teledyne Technologies logo
Teledyne TechnologiesTDY
$500K
SBA Communications logo
SBA CommunicationsSBAC
$993.5K+107%
3M logo
3MMMM
-$21.75M

Other financials

Income statement

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Revenue$1.2B+11.4%
Operating income$217.5M+14.8%
Net income$135.5M+19.5%
EPS (diluted)$0.66+20.0%

Balance sheet

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Cash & equivalents$859.4M+19.1%
Total debt$4.2B-1.4%
Total equity$5.6B+6.3%
Total assets$12.4B+4.3%

Cash flow

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Operating cash flow$224.1M+42.9%
CapEx$51.5M-5.2%
Free cash flow$172.6M+68.4%

Valuation

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Market cap$17.38B-20.2%
Enterprise value$20.67B-17.6%
P/E38.6×-13.6×
P/S3.7×-1.2×

Profitability

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Operating margin15.7%-1.7pp
Net margin9.6%-0.1pp
FCF margin16.7%-1.5pp

Returns & leverage

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Return on equity8.3%+0.2pp
Debt / equity0.7×-0.1×
Current ratio1.1×-0.2×

FAQ

What does change in tax valuation allowance mean?
This metric represents the adjustment to the valuation allowance established against deferred tax assets that are deemed unlikely to be realized. It reflects management's outlook on the company's ability to generate sufficient future taxable income.