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Sunbelt Rentals Holdings SUNB General Tool — Depreciation

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Other financials

Income statement

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Revenue$2.8B+8.9%
Gross profit$978.0M+4.6%
Operating income$410.0M-20.5%
Net income$226.0M-31.3%
EPS (diluted)$0.56-26.3%

Balance sheet

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Cash & equivalents$29.0M+38.1%
Total debt$10.6B+2.3%
Total equity$7.4B-5.0%
Total assets$22.3B+1.4%

Cash flow

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Operating cash flow$950.0M-3.9%

Valuation

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Market cap$32.97B+8.3%
Enterprise value$43.56B
P/E28.2×
P/S3.1×

Profitability

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Gross margin41.2%
Operating margin23.1%
Net margin14.5%

Returns & leverage

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Return on equity24.1%
Debt / equity1.4×+0.1×
Current ratio0.9×-0.4×

Where this comes from

Reported directly by Sunbelt Rentals Holdings in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Sunbelt Rentals Holdings’s 10-K, filed June 23, 2026.

Filed
Jun 23, 2026, 4:04 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-044888
(In millions) / Year ended April 30, 2026North America / General ToolNorth America / SpecialtyUnited KingdomTotal
Total revenues6,5073,71593211,154
Cost of rental equipment sales(273)(71)(38)(382)
Staff costs(1)(1,325)(716)(267)(2,308)
Depreciation(1,415)(545)(175)(2,135)
Other segment items(2)(1,562)(1,207)(393)(3,162)
Adjusted segment operating profit1,9321,176593,167
Reconciliation of Adjusted Segment Operating Profit to income before provision for income taxes:
Central costs(3)(866)

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Sunbelt Rentals Holdings's general tool — depreciation?
Sunbelt Rentals Holdings (SUNB) reported general tool — depreciation of $358M in Q1 2026.
How has Sunbelt Rentals Holdings's general tool — depreciation changed year-over-year?
Sunbelt Rentals Holdings's general tool — depreciation increased by 2.3% year-over-year, from $350M to $358M.
What does general tool — depreciation mean?
This metric represents the systematic allocation of the cost of the rental fleet assets within the North American General Tool segment over their useful lives. It reflects the wear and tear and obsolescence of the equipment as it is utilized in the field. High depreciation levels are characteristic of capital-intensive rental businesses and directly impact the segment's reported operating income.

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