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Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, structures and fencing, trench shoring, and lifting solutions. The company offers its products and services for airports, highways and bridges, office buildings, data centres, schools and universities, shopping centres, residential, remodeling, manufacturing plants, and green energy applications in the construction markets; maintenance, repair, and operations of office and apartment complexes, data and shopping centers, and golf courses, as well as industrial, entertainment and conference venues; entertainment and special events, such as national and sporting events, concerts, film and television production, theme parks, festivals, farmers' markets, local 5k runs, and cycle races; emergency response and restoration applications comprising fire, hurricanes, flooding, tornadoes, winter storms, residential emergencies, health emergencies, alternative care facilities, points of distribution, and healthcare testing facilities; and state and local government facilities, including government, hospitals, parks and recreation departments, and schools and universities, as well as for pavement/kerb repairs. The company was founded in 1947 and is headquartered in London, the United Kingdom.
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| Breakdown | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
| Income before tax | 1998.20M | 2109.50M | 2155.80M | 1668.10M | 1305.62M |
| Net income | 1510.50M | 1598.40M | 1617.70M | 1251.10M | 972.80M |
| Selling general administrative | - | - | - | - | 1614.71M |
| Gross profit | 9499.00M | 9652.90M | 8558.20M | 7020.50M | 6225.00M |
| Reconciled depreciation | 2449.10M | 2238.60M | 1889.80M | 1661.60M | 1104.60M |
| Ebit | 2551.60M | 2647.10M | 2959.70M | 2202.50M | 2043.10M |
| Ebitda | 5000.70M | 4885.70M | 4849.50M | 3864.10M | 3583.90M |
| Depreciation and amortization | 2449.10M | 2238.60M | 1889.80M | 1661.60M | 1540.80M |
| Operating income | 2557.20M | 2654.00M | 2522.00M | 1947.80M | 1583.62M |
| Other operating expenses | 8234.50M | 8204.70M | 6703.00M | 5753.00M | 5048.96M |
| Interest expense | 553.40M | 537.60M | 361.60M | 272.90M | 266.42M |
| Tax provision | 487.70M | 511.10M | 538.10M | 417.00M | 238.60M |
| Interest income | 4.50M | 1.80M | 2.60M | 0.10M | 268.96M |
| Net interest income | -559.00M | -544.50M | -366.20M | -279.70M | -199.30M |
| Income tax expense | 487.70M | 511.10M | 538.10M | 417.00M | 332.82M |
| Total revenue | 10791.70M | 10858.70M | 9667.30M | 7962.30M | 7017.85M |
| Total operating expenses | 6941.80M | 6998.90M | 5593.90M | 4811.20M | 4256.10M |
| Cost of revenue | 1292.70M | 1205.80M | 1109.10M | 941.80M | 792.86M |
| Total other income expense net | -559.00M | -544.50M | -276.74M | -227.30M | -199.06M |
| Net income from continuing ops | 1510.50M | 1598.40M | 1617.70M | 1251.10M | 697.40M |
| Net income applicable to common shares | - | - | - | 1251.10M | 697.40M |
| Breakdown | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
| Total assets | 21691.70M | 21651.30M | 18729.30M | 15290.10M | 12934.44M |
| Intangible assets | 398.00M | 485.90M | 523.40M | 475.30M | 390.29M |
| Other current assets | 23.10M | 13.00M | 1397.60M | 1397.60M | 1110.34M |
| Total liab | 14023.60M | 14566.70M | 12721.30M | 10256.40M | 8374.95M |
| Total stockholder equity | 7668.10M | 7107.57M | 6008.00M | 5033.70M | 4559.49M |
| Other current liab | 60.80M | 1003.67M | 1015.46M | 855.35M | 602.23M |
| Common stock | 81.80M | 81.80M | 81.80M | 81.80M | 62.91M |
| Capital stock | 81.80M | 81.80M | 81.80M | 81.80M | 62.91M |
| Retained earnings | 8974.20M | 8102.00M | 6925.30M | 5677.10M | 4480.12M |
| Other liab | - | - | - | 1795.00M | 1160.00M |
| Good will | 3276.70M | 3211.50M | 2865.50M | 2300.00M | 1809.60M |
| Other assets | - | - | 9816.10M | 7990.30M | 7010.60M |
| Cash | 21.00M | 20.80M | 29.90M | 15.30M | 26.78M |
| Total current liabilities | 1563.30M | 1809.30M | 1857.80M | 1474.70M | 1055.80M |
| Current deferred revenue | - | 8.07M | -924.46M | -766.35M | -542.11M |
| Net debt | 10331.20M | 10654.90M | 8959.50M | 7160.00M | 5844.33M |
| Short term debt | 298.80M | 273.80M | 233.20M | 188.60M | 170.04M |
| Short long term debt total | 10352.20M | 10675.70M | 8989.40M | 7175.30M | 5871.11M |
| Other stockholder equity | -1387.90M | -1076.23M | -999.10M | -725.20M | 16.46M |
| Property plant equipment | - | - | - | 2943.10M | 1742.90M |
| Total current assets | 2022.40M | 2046.00M | 1885.00M | 1581.40M | 1240.06M |
| Net tangible assets | - | - | - | 2258.40M | 1691.60M |
| Short term investments | - | -0.30M | 8.44M | 8.19M | - |
| Net receivables | 1831.10M | 1850.20M | 1659.20M | 1397.60M | 796.00M |
| Long term debt | 7500.10M | 7995.10M | 6595.10M | 5180.10M | 3029.30M |
| Inventory | 147.20M | 162.00M | 181.30M | 168.50M | 102.94M |
| Accounts payable | 1195.00M | 521.70M | 1533.60M | 1197.10M | 825.64M |
| Accumulated other comprehensive income | - | -194.47M | - | - | - |
| Common stock total equity | - | - | - | - | 45.10M |
| Treasury stock | - | - | - | - | -103.00M |
| Non currrent assets other | 240.20M | 81.03M | 189.90M | 157.50M | 102.52M |
| Non current assets total | 19669.30M | 19605.30M | 16844.30M | 13708.70M | 11694.38M |
| Capital lease obligations | 2852.10M | 2680.60M | 2394.30M | 1995.20M | 1179.70M |
| Breakdown | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
| Investments | -541.80M | -1526.80M | -1594.20M | -40.00M | -233.50M |
| Change to liabilities | - | - | 0.00M | 68.80M | 89.90M |
| Total cashflows from investing activities | -541.80M | -1526.80M | - | -1691.00M | -233.50M |
| Net borrowings | -522.70M | 1341.30M | - | 884.20M | -1258.90M |
| Total cash from financing activities | -1632.30M | 663.20M | 609.30M | 181.50M | -2027.48M |
| Net income | 2557.20M | 2654.00M | 2522.00M | 1947.80M | 1669.41M |
| Change in cash | 0.20M | -9.10M | 14.60M | -11.30M | -309.95M |
| Begin period cash flow | 20.80M | 29.90M | 15.30M | 26.60M | 336.73M |
| End period cash flow | 21.00M | 20.80M | 29.90M | 15.30M | 26.78M |
| Total cash from operating activities | 2173.90M | 854.60M | 1000.10M | 1499.00M | 2054.26M |
| Issuance of capital stock | - | - | - | 23.80M | 17.44M |
| Depreciation | 2449.10M | 2238.60M | 1889.80M | 1661.60M | 1540.80M |
| Other cashflows from investing activities | 61.20M | 47.17M | - | - | -174.74M |
| Dividends paid | 544.20M | 436.10M | 357.80M | 269.30M | 254.01M |
| Change to inventory | 15.10M | 21.19M | -4.70M | -67.20M | 5.58M |
| Change to account receivables | -52.20M | -177.02M | -166.78M | -130.51M | -92.54M |
| Sale purchase of stock | -427.40M | -108.30M | -276.90M | -409.60M | -11.22M |
| Other cashflows from financing activities | -138.00M | -133.70M | 768.56M | 2946.90M | -1209.83M |
| Change to netincome | - | - | - | -1236.20M | -378.90M |
| Capital expenditures | 455.60M | 685.60M | 510.00M | 398.40M | 146.18M |
| Change in working capital | 7.40M | -153.40M | -180.10M | -162.50M | -4.05M |
| Stock based compensation | - | 47.50M | 44.80M | 48.10M | 6.88M |
| Other non cash items | -2839.80M | -3932.10M | 44.80M | 48.10M | 10.04M |
| Free cash flow | 1718.30M | 169.00M | 490.10M | 1100.60M | 1908.08M |
Sector: Industrials Industry: Rental & Leasing Services
|
Stock Name
|
Change
(GBX) |
Price
(GBX) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SUNB SUNBELT RENTALS HOLDINGS CDI |
150.00 2.51% |
6120.00 | 20.34 | 14.16 | 1.87 | 3.42 | 3.34 | 7.53 |
| DPA DP Aircraft I Limited |
- -% |
0.14 | 0.08 | - | 4.68 | 0.82 | 24.76 | - |
| ZIG ZIGUP plc |
2.50 0.54% |
463.50 | 10.88 | 7.02 | 0.50 | 0.82 | 0.99 | 3.94 |
| ASY Andrews Sykes Group plc |
- -% |
510.00 | 11.83 | - | 2.69 | 4.06 | 2.48 | 5.60 |
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, structures and fencing, trench shoring, and lifting solutions. The company offers its products and services for airports, highways and bridges, office buildings, data centres, schools and universities, shopping centres, residential, remodeling, manufacturing plants, and green energy applications in the construction markets; maintenance, repair, and operations of office and apartment complexes, data and shopping centers, and golf courses, as well as industrial, entertainment and conference venues; entertainment and special events, such as national and sporting events, concerts, film and television production, theme parks, festivals, farmers' markets, local 5k runs, and cycle races; emergency response and restoration applications comprising fire, hurricanes, flooding, tornadoes, winter storms, residential emergencies, health emergencies, alternative care facilities, points of distribution, and healthcare testing facilities; and state and local government facilities, including government, hospitals, parks and recreation departments, and schools and universities, as well as for pavement/kerb repairs. The company was founded in 1947 and is headquartered in London, the United Kingdom.
| Name | Title | Year Born |
|---|---|---|
| Mr. Brendan Horgan | CEO & Exec. Director | 1974 |
| Mr. Michael Richard Pratt | CFO & Director | 1964 |
| Mr. Will Shaw | Director of Investor Relations | NA |
| Mr. Eric Watkins | Gen. Counsel & Sec. | NA |
| Mr. John Washburn | SVP Sales & Marketing | NA |
| Mr. Anthony J. Miller | Exec. VP | NA |
| Mr. Douglas McLuckie | Managing Director of ESG | NA |
| Ms. Cheryl Black | Sr. VP of Culture & Engagement | NA |
| Mr. Rob Phillips | Chief Exec. of Ashtead Technology Rentals | NA |
| Mr. Brendan Christopher Horgan | CEO & Executive Director | 1973 |
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