S

Sunbelt Rentals Holdings Inc.
D

SUNB

73.360
USD
4.00
(5.76%)
Post Trading·72.140USD-1.220(-1.66%)
Volume
658,617
EPS
3
Div Yield
1.08
P/E
23
Market Cap
30,073,752,708
Overview
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2 weeks ago
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Title: Sunbelt Rentals Holdings Inc.

Sector: Industrials
Industry: Rental & Leasing Services
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 $15 billion across a network of 1,200 stores in the US, nearly CAD 2 billion of fleet and 135 stores in Canada, and GBP 1.1 billion 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 oncommercial construction.
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