Sunbelt Rentals Holdings, Inc.
Business
Sunbelt Rentals is one of the largest international equipment rental companies, operating stores across North America and the United Kingdom. The company rents a broad range of construction, industrial and general equipment including mobile elevating work platforms, skid steers, forklifts, excavators and lighting, complemented by specialty offerings in power, HVAC, climate control, scaffold services, flooring, pump solutions and film equipment. Operations are organized into three reportable segments: North America – General Tool, North America – Specialty, and United Kingdom, serving diverse customers from multinational businesses to individual do-it-yourselfers through a clustered-market store network strategy.
Summary from 10-K filed 2026-06-23
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-04-30 | FY 2025 2025-04-30 | FY 2024 2024-04-30 |
|---|---|---|---|---|
| Total revenues | 11,154 | 10,791 | 10,859 | |
| Cost of equipment rentals, excluding depreciation | 4,394 | 4,069 | 3,874 | |
| Depreciation of rental equipment | 1,851 | 1,815 | 1,653 | |
| Total cost of revenues | 6,864 | 6,471 | 6,382 | |
| Gross profit | 4,290 | 4,320 | 4,477 | |
| Selling, general and administrative expense | 1,651 | 1,385 | 1,572 | |
| Non-rental depreciation and amortization | 458 | 436 | 394 | |
| Operating income | 2,181 | 2,499 | 2,511 | |
| Interest expense, net | 387 | 425 | 428 | |
| Other (income) expense, net | −7 | 4 | −11 | |
| Income before provision for income taxes | 1,801 | 2,070 | 2,094 | |
| Provision for income taxes | 476 | 517 | 522 | |
| Net income | 1,325 | 1,553 | 1,572 | |
| Basic earnings per share (in dollars per share) | 3.15 | 3.56 | 3.6 | |
| Diluted earnings per share (in dollars per share) | 3.15 | 3.55 | 3.58 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-04-30 | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 29 | 21 | — | — | |
| Accounts receivable, net of allowance for credit losses of $105 and $102, respectively | 1,669 | 1,481 | — | — | |
| Inventory | 180 | 147 | — | — | |
| Prepaid expenses and other assets | 354 | 372 | — | — | |
| Total current assets | 2,232 | 2,021 | — | — | |
| Goodwill | 3,476 | 3,348 | 3,280 | — | |
| Other intangible assets, net | 338 | 433 | — | — | |
| Operating lease right-of-use assets | 2,664 | 2,523 | — | — | |
| Other long-term assets | 271 | 267 | — | — | |
| Total non-current assets | 20,036 | 19,949 | — | — | |
| Total assets | 22,268 | 21,970 | — | — | |
| Short-term debt and current maturities of long-term debt | 550 | 0 | — | — | |
| Accounts payable | 472 | 302 | — | — | |
| Accrued expenses and other liabilities | 1,167 | 991 | — | — | |
| Operating lease liabilities | 287 | 266 | — | — | |
| Total current liabilities | 2,476 | 1,559 | — | — | |
| Long-term debt | 7,033 | 7,500 | — | — | |
| Deferred taxes | 2,394 | 2,288 | — | — | |
| Non-current portion of operating lease liabilities | 2,577 | 2,434 | — | — | |
| Other long-term liabilities | 379 | 390 | — | — | |
| Total non-current liabilities | 12,383 | 12,612 | — | — | |
| Total liabilities | 14,859 | 14,171 | — | — | |
| Commitments and contingencies (Note 18) | — | — | — | — | |
| Common stock | 4 | 82 | — | — | |
| Additional paid-in capital | 204 | 46 | — | — | |
| Retained earnings | 7,646 | 9,103 | — | — | |
| Treasury stock at cost 3,693,501 and 20,111,957 shares as of April 30, 2026 and April 30, 2025, respectively | −259 | −1,171 | — | — | |
| Common stock held by the ESOT 0 and 534,660 shares as of April 30, 2026 and April 30, 2025, respectively | 0 | −35 | — | — | |
| Accumulated other comprehensive loss | −186 | −226 | — | — | |
| Total stockholders equity | 7,409 | 7,799 | 7,060 | 6,010 | |
| Total liabilities and stockholders equity | 22,268 | 21,970 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-04-30 | FY 2025 2025-04-30 | FY 2024 2024-04-30 |
|---|---|---|---|---|
| Depreciation and amortization | 2,309 | 2,251 | 2,047 | |
| Deferred tax expense | 93 | 42 | 236 | |
| Non-cash operating lease expense | 310 | 288 | 262 | |
| Stock based compensation expense | 80 | −9 | 92 | |
| Provision for receivable allowances | 64 | 28 | 84 | |
| Other | 14 | 33 | 10 | |
| (Increase) decrease in accounts receivable | −206 | 22 | −184 | |
| (Increase) decrease in inventory | −30 | 15 | 21 | |
| Decrease (increase) in prepaid expenses and other assets | 15 | −74 | −89 | |
| Increase (decrease) in accounts payable | 57 | 2 | −24 | |
| Decrease in operating lease liabilities | −287 | −268 | −243 | |
| Increase in accrued expenses and other liabilities | 111 | 59 | 120 | |
| Net cash provided by operating activities | 3,784 | 3,844 | 3,664 | |
| Payments for acquisition of businesses, net of cash acquired | −206 | −134 | −846 | |
| Proceeds from disposal of business | 16 | 0 | 0 | |
| Payments for purchases of intangibles | −6 | −15 | −29 | |
| Other | — | — | −15 | |
| Net cash used in investing activities | −1,925 | −2,318 | −4,428 | |
| Proceeds from debt | 1,496 | 1,309 | 3,616 | |
| Payments of debt | −1,457 | −1,832 | −2,275 | |
| Repayments of principal under finance lease liabilities | −18 | −18 | −12 | |
| Payment of contingent consideration | 0 | −13 | −30 | |
| Dividends paid | −464 | −544 | −436 | |
| Common stock repurchased by the ESOT | −19 | −86 | −30 | |
| Common stock sold by the ESOT | 24 | 0 | 0 | |
| Common stock repurchased | −1,413 | −342 | −78 | |
| Net cash (used in) provided by financing activities | −1,851 | −1,526 | 755 | |
| Effect of exchange rate changes on cash and cash equivalents | 0 | 0 | 0 | |
| Net increase (decrease) in cash and cash equivalents | 8 | 0 | −9 | |
| Cash paid for interest | 368 | 416 | 392 | |
| Cash paid for income taxes, net | 332 | 425 | 246 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Sunbelt Rentals Holdings, Inc.'s CIK number?
Sunbelt Rentals Holdings, Inc.'s SEC CIK number is 0002083785 (2083785). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Sunbelt Rentals Holdings, Inc.'s SEC filings?
All of Sunbelt Rentals Holdings, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Sunbelt Rentals Holdings, Inc. last report earnings?
Sunbelt Rentals Holdings, Inc. (SUNB) most recently filed an earnings 8-K with the SEC on Jun 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-044797). This is Sunbelt Rentals Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Sunbelt Rentals Holdings, Inc.'s most recent earnings 8-K?
Sunbelt Rentals Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed Jun 23, 2026 under accession 0001628280-26-044797. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Sunbelt Rentals Holdings, Inc.'s latest earnings 8-K →
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