Sunbelt Rentals Holdings, Inc. SUNB

Technology SIC 7359 - Services-Equipment Rental & Leasing, NEC NYSE

We believe we are one of the largest international equipment rental companies by rental revenue, with a network of 1,611 stores across North America and the United Kingdom as of April 30, 2026. We conduct our equipment rental operations under the name "Sunbelt Rentals." We believe that Sunbelt Rentals is the second largest equipment rental business in North America and the largest equipment rental company in the United Kingdom, in each case, by rental revenue. In the fiscal year ended April 30, 2026, we generated revenue of $11,154 million, operating income of $2,181 million and adjusted operating profit of $2,500 million and in the fiscal year ended April 30, 2025, we generated revenue of $10,791 million, operating income of $2,499 million and adjusted operating profit of $2,615 million. See Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations—Key Financial Metrics—Non-GAAP Financial Measures" for a definition and reconciliation of adjusted operating profit to the most directly comparable U.S. GAAP measure.

Last close 68.59 2026-09-04
Market cap $28.11B 2026-04-30 share count
52-week range 61.03 - 86.67

Valuation FY2025 figures against the last close

P/S11.2x
P/E21.8x
P/FCF7.4x
EV/EBITDA7.9x
Dividend yield1.7%
Diluted EPS3.15

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022
Revenue $2.51B$2.40B$2.80B
Cost of revenue $6.86B$6.47B$6.38B
Gross profit $4.29B$4.32B$4.48B
SG&A $1.65B$1.39B$1.57B
Operating income $2.18B$2.50B$2.51B
Pre-tax income $1.80B$2.07B$2.09B
Income tax $476.0M$517.0M$522.0M
Net income $1.3K$1.55B$1.57B
EPS, basic 3.153.563.60
EPS, diluted 3.153.553.58
Shares, diluted (wtd. avg.) $421.0M$437.0M$439.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022
Cash and equivalents $29.0M$21.0M$21.0M$30.0M
Receivables $1.67B$1.48B
Inventory $180.0M$147.0M
Total current assets $2.23B$2.02B
Goodwill $3.48B$3.35B$3.28B
Other intangibles $338.0M$433.0M
Total assets $22.27B$21.97B
Accounts payable $472.0M$302.0M
Short-term debt $550.0M$0
Total current liabilities $2.48B$1.56B
Long-term debt $7.03B$7.50B
Total liabilities $14.86B$14.17B
Retained earnings $7.65B$9.10B
Total equity $7.41B$7.80B$7.06B$6.01B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022
Operating cash flow $3.78B$3.84B$3.66B
Depreciation and amortisation $2.31B$2.25B$2.05B
Stock-based compensation $80.0M-$9.0M$92.0M
Investing cash flow -$1.93B-$2.32B-$4.43B
Financing cash flow -$1.85B-$1.53B$755.0M
Dividends paid $464.0M$544.0M$436.0M
Buybacks $1.41B$342.0M$78.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-310387.

Others in SIC 7359

TickerCompanyMarket capP/ERevenue growth
URI UNITED RENTALS, INC. $63.26B 26.2x 3.0%
MGRC MCGRATH RENTCORP $2.73B 17.6x 3.7%
CTOS Custom Truck One Source, Inc. $2.09B 6.4%
PRG PROG Holdings, Inc. $1.56B 10.9x 0.4%
EQPT EquipmentShare.com Inc $1.52B 1,955.0x 3.2%
UPBD UPBOUND GROUP, INC. $1.11B 15.2x 8.7%
KPLT Katapult Holdings, Inc. $39.3M 18.0%
TRTN-PA Triton International Ltd 22.4%