SUNB Stock Analysis: Sunbelt Rentals Holdings | NYSE
Rental & Leasing Services | NYSE, USA | Market Cap: 30.802m USD | 12M Return: 4.9% | US8669661048 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 311M
Rev. Trend: 76.4%
Warnings
Tailwinds
Seasonality 0.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Sunbelt Rentals Holdings, Inc. (NYSE: SUNB) is a leading equipment rental company operating under the Sunbelt Rentals brand across the United States, the United Kingdom, and Canada. Founded in 1947 and headquartered in Fort Mill, South Carolina, the company conducts its operations through three reportable segments: North America-General Tool, North America-Specialty, and United Kingdom. Its diverse rental fleet spans construction, industrial, and general equipment categories-including aerial platforms, skid steers, forklifts, excavators, lighting, power and HVAC solutions, scaffolding, flooring, pumps, trench safety, and temporary structures.
The company serves a broad customer base ranging from multinational corporations and local contractors to individual DIY consumers, industrial clients, facility management businesses, emergency response organizations, event organizers, and government entities. SUNB is a subsidiary of Ashtead Group plc, a UK-based industrial equipment rental giant, and its common stock began trading on the NYSE following its IPO on March 2, 2026. The equipment rental business model is capital-intensive, relying on fleet utilization rates and rental pricing to generate returns, and tends to benefit from secular trends such as contractors increasingly preferring rental over ownership to preserve capital, reduce maintenance burdens, and gain flexibility for project-based work.
- Specialty segment margins expand on data center construction surge
- UK rental revenue growth accelerates on infrastructure project pipeline
- Fleet capital expenditure pressures near-term free cash flow conversion
| Net Income: 1.38b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 6.21 > 1.0 |
| NWC/Revenue: -1.31% < 20% (prev 5.24%; Δ -6.55% < -1%) |
| CFO/TA 0.17 > 3% & CFO 4.03b > Net Income 1.38b |
| Net Debt (16.8b) to EBITDA (4.58b): 3.66 < 3 |
| Current Ratio: 0.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (418.0m) vs 12m ago -1.93% < -2% |
| Gross Margin: 44.61% > 18% (prev 87.76%; Δ -43.15% > 0.5%) |
| Asset Turnover: 50.49% > 50% (prev 49.69%; Δ 0.80% > 0%) |
| Interest Coverage Ratio: 5.33 > 6 (EBIT TTM 2.30b / Interest Expense TTM 432.5m) |
| A: -0.01 (Total Current Assets 2.57b - Total Current Liabilities 2.72b) / Total Assets 23.6b |
| B: 0.33 (Retained Earnings 7.77b / Total Assets 23.6b) |
| C: 0.10 (EBIT TTM 2.30b / Avg Total Assets 22.7b) |
| D: 0.46 (Book Value of Equity 7.45b / Total Liabilities 16.2b) |
| Altman-Z'' = 2.20 = BBB |
| DSRI: 0.89 (Receivables 1.93b/2.04b, Revenue 11.5b/10.8b) |
| GMI: 1.97 (GM 87.76% / 44.61%) |
| AQI: 3.79 (AQ_t 0.68 / AQ_t-1 0.18) |
| SGI: 1.06 (Revenue 11.5b / 10.8b) |
| TATA: -0.11 (NI 1.38b - CFO 4.03b) / TA 23.6b) |
| Beneish M = -0.56 (Cap -4..+1) = D |
As of October 15, 2026, the stock is trading at USD 75.61 with a total of 4,254,331 shares traded. Over the past week, the price has changed by +1.12%, over one month by +3.91%, over three months by +4.83% and over the past year by +4.93%.
Current recommended Stop Loss: 69.10 (which is 8.6% or 2.3 ATR below the current price).
Sunbelt Rentals Holdings has no consensus analysts rating.
| Analysts Target Price | 88.6 | 17.1% |
P/E Trailing = 22.71
P/E Forward = 18.1159
P/S = 2.6859
P/B = 4.1637
P/EG = 1.1384
Revenue TTM = 11.5b USD
EBIT TTM = 2.30b USD
EBITDA TTM = 4.58b USD
Long Term Debt = 8.01b USD (from longTermDebt, last quarter)
Short Term Debt = 2.10b USD (from shortTermDebt, last quarter)
Debt = 16.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 4.12b
Net Debt = 16.8b USD (calculated: Debt 16.8b - CCE 32.0m)
Enterprise Value = 47.6b USD (30.8b + Debt 16.8b - CCE 32.0m)
Interest Coverage Ratio = 5.33 (Ebit TTM 2.30b / Interest Expense TTM 432.5m)
EV/FCF = 12.89x (Enterprise Value 47.6b / FCF TTM 3.69b)
FCF Yield = 7.76% (FCF TTM 3.69b / Enterprise Value 47.6b)
FCF Margin = 32.18% (FCF TTM 3.69b / Revenue TTM 11.5b)
Net Margin = 12.03% (Net Income TTM 1.38b / Revenue TTM 11.5b)
Gross Margin = 44.61% ((Revenue TTM 11.5b - Cost of Revenue TTM 6.35b) / Revenue TTM)
Gross Margin QoQ = 40.10% (prev 10.46%)
Tobins Q-Ratio = 2.01 (Enterprise Value 47.6b / Total Assets 23.6b)
Interest Expense / Debt = 2.57% (Interest Expense 432.5m / Debt 16.8b)
Taxrate = 26.33% (493.0m / 1.87b)
NOPAT = 1.70b (EBIT 2.30b * (1 - 26.33%))
Current Ratio = 0.94 (Total Current Assets 2.57b / Total Current Liabilities 2.72b)
Debt / Equity = 2.26 (Debt 16.8b / totalStockholderEquity, last quarter 7.45b)
Debt / EBITDA = 3.66 (Net Debt 16.8b / EBITDA 4.58b)
Debt / FCF = 4.54 (Net Debt 16.8b / FCF TTM 3.69b)
Total Stockholder Equity = 7.47b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.07% (Net Income 1.38b / Total Assets 23.6b)
RoE = 18.46% (Net Income TTM 1.38b / Total Stockholder Equity 7.47b)
RoCE = 14.89% (EBIT 2.30b / Capital Employed (Equity 7.47b + L.T.Debt 8.01b))
RoIC = 7.39% (NOPAT 1.70b / Invested Capital 23.0b)
WACC = 6.83% (E(30.8b)/V(47.6b) * Re(9.52%) + D(16.8b)/V(47.6b) * Rd(2.57%) * (1-Tc(0.26)))
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.85 | Cagr: -2.67%
[DCF] Terminal Value 77.97% ; FCFF base≈3.04b ; Y1≈3.48b ; Y5≈5.12b
[DCF] Fair Price = 147.2 (EV 77.1b - Net Debt 16.8b = Equity 60.3b / Shares 409.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 76.43 | Revenue CAGR: 1.35% | SUE: N/A | # QB: 0
EPS current Quarter (2026-10-31): EPS=1.27 | Chg30d=+3.65% | Revisions=+29% | Analysts=6
EPS next Quarter (2027-01-31): EPS=0.92 | Chg30d=+6.29% | Revisions=+57% | Analysts=6
EPS current Year (2027-04-30): EPS=4.25 | Chg30d=+4.08% | Revisions=+62% | GrowthEPS=+14.1% | GrowthRev=+8.5%
EPS next Year (2028-04-30): EPS=4.43 | Chg30d=+0.14% | Revisions=+17% | GrowthEPS=+13.1% | GrowthRev=+6.9%
[Analyst] Revisions Ratio: +62% (up=18, down=3)