Sunbelt Rentals Holdings Inc (LSE:SUNB) Share Price

Company Profile

Business description
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $20 billion across a network of 1,200 stores in the US, nearly 135 stores in Canada, and and 190 stores in the UK. The company has experienced rapid growth over the past decade as its customers increasingly turn to rental versus owning equipment outright. The general tool business has been augmented by the Specialty Rental business, which has grown to 30% of the mix. Revenue is now greater than 50% nonconstruction, with the remainder focused more directly on commercial construction.
Contact
1799 Innovation Point
Fort MillSC29715
USA
T: +1 803 578-5800
https://www.sunbeltrentals.com
Sector
Industrials
Stock type
Sensitive
Industry
Rental & Leasing Services
Fiscal Year End
30 April 2027
Employees
26,016

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Near-term pain, long-term potential.

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Malik Ahmed Khan, CFA | 22 October 2026

Our increased valuation comes from higher full self-driving adoption assumptions and a lower near- and medium-term capital expenditures forecast.

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