Sunbelt Rentals Holdings, Inc. (SUNB)
PREVIOUS CLOSE 2026-10-12 · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsWatch List
Some caution signals are active and should be weighed alongside the valuation work.
Current ratio at 0.90x — current liabilities exceed current assets
Gross margin at 171.0% — verify: very few businesses sustain >90% gross margin outside pure software/IP
Operating margin at 86.9% — exceptionally high, typical only for monopolistic or IP-heavy businesses
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.
Sector
SERVICES-EQUIPMENT RENTAL & LEASING, NEC
Employees
26,016
Headquarters
FORT MILL, SC
Exchange
XNYS
At least 3 years of annual financial data required to assess competitive moat.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Annual Dividend/Share
$1.20
Dividend Yield
1.59%
Dividend History
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.