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Sunbelt Rentals Holdings SUNB United States — Operating lease assets

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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$33.17B+9.7%
Enterprise value$43.76B
P/E28.4×
P/S3.2×

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:OperatingLeaseRightOfUseAsset.

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, 2026United StatesCanadaUnited KingdomTotal
Total revenues$9,478$744$932$11,154
Rental equipment, net$9,711$758$755$11,224
Property and equipment, net$1,724$181$158$2,063
Operating lease right-of-use assets2,2802821022,664
Year ended April 30, 2025
Equipment rentals$8,587$615$778$9,980
Sales of rental equipment3843350467
Sales of new equipment, merchandise and consumables2333279344

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Sunbelt Rentals Holdings's united states — operating lease assets?
Sunbelt Rentals Holdings (SUNB) reported united states — operating lease assets of $2.28B in Q1 2026.
What does united states — operating lease assets mean?
This metric measures the net book value of the equipment fleet currently deployed and available for rental within the United States segment. It reflects the capital intensity of the regional business and the size of the asset base required to support revenue generation. Changes in this balance indicate the company's investment in fleet expansion, renewal cycles, and the overall capacity to meet regional customer demand.

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