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We believe we are one of the largest international equipment rental companies by rental revenue, with a network o f 1,611 stores across North America and the United Kingdom as of April 30, 2026 . 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.
$75.41
$7.83 (-9.41%)
EOD Jun 23, 2026 · Twelve Data
19.55% operating margin is respectable but not wide. ROIC at 9.42%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 3.4%, steady but not accelerating. Margins contracted 3.6pp, which offsets some of the top-line progress.
ROIC dropped from 15.71% to 9.42%, capital efficiency is deteriorating. Net debt of $10.59B represents 6.7x FCF, leverage limits flexibility.
23.9x earnings, 20.0x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$11.15B
▲ +3.4% YoY
Net Income (TTM)
$1.32B
▼ -14.7% YoY
Op. Margin
19.55%
▼ -3.6pp YoY
ROIC
9.42%
▼ -6.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$1.59B
▲ +38.0% YoY
Op. Cash Flow (TTM)
$3.78B
▼ -1.6% YoY
Net Debt
$10.59B
Cash & Equiv.
$29M
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