# Sunbelt Rentals Holdings, Inc. (SUNB)

> Source: Nexqual · https://nexqual.com/SUNB · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Sunbelt Rentals Holdings, Inc. (SUNB), nexqual.com/SUNB" · informational, not investment advice.

**Price:** USD 78.87 (+0.47% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 78.5 · day 75.08–79.6 · 52w 61.03–86.68 · market cap $32.3B · NYQ

## Key facts
- Last four reported quarters (through Jul 31, 2026): revenue $11.3B, net income $1.33B (11.7% margin) (SEC filings).
- Valuation: P/E 24.4x (avg 24.3x at the last 1 fiscal year-ends), EV/EBITDA 10.1x, net debt $8.52B.
- 12 of 80 tracked superinvestors hold SUNB (13F, Q2 2026): 1 new, 3 added, 7 reduced, 1 unchanged.
- Analysts: Buy (mean 2.40 on a 1–5 scale) (15 analysts), mean target USD 88.57 (range 71–115).
- Total return with dividends: 1Y +8.4% vs S&P 500 +14.9%; 5Y +7.5% vs S&P 500 +80.3%.
- Next earnings: 2026-12-09, EPS estimate USD 1.26, revenue estimate $3.24B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|
| Revenue | $10.9B | $10.8B | $11.2B | $11.3B |
| Gross profit | $4.48B | $4.32B | $4.29B | — |
| Operating income | $2.51B | $2.50B | $2.18B | $2.19B |
| Net income | $1.57B | $1.55B | $1.32B | $1.33B |
| EPS (diluted) | $3.58 | $3.55 | $3.15 | — |
| Gross margin | 41.2% | 40.0% | 38.5% | — |
| Operating margin | 23.1% | 23.2% | 19.6% | 19.4% |
| Net margin | 14.5% | 14.4% | 11.9% | 11.7% |
| Revenue growth | — | -0.6% | +3.4% | — |
| Cash + short-term investments | $21.0M | $21.0M | $29.0M | — |
| Total debt | — | $7.50B | $7.58B | — |
Fiscal years end Apr. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 31, 2026)
P/E 24.4x · P/S 2.9x · EV/EBITDA 10.1x · EV/Sales 3.6x · P/B 4.3x · Earnings yield 4.11% · Net debt $8.52B · EV $40.8B
P/E at fiscal year-ends: Apr 2026 24.3x.

## Superinvestors (SEC 13F-HR, Q2 2026)
12 of 80 tracked investors hold SUNB. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| AKO Capital |  | 10.59% | $454M | Added +90.7% |
| Abrams Bison Investments, LLC |  | 7.52% | $154M | Reduced -83.6% |
| Pat Dorsey | Dorsey Asset Management | 5.51% | $86.1M | Reduced -47.8% |
| Ruane Cunniff | Ruane Cunniff LP | 4.96% | $319M | Reduced -22.4% |
| Thomas Russo | Gardner Russo & Quinn | 4.94% | $441M | Reduced -2.5% |
| Dodge & Cox Funds | Dodge & Cox | 2.14% | $4.10B | Added +3.1% |
| Bill Nygren | Oakmark Funds | 1.04% | $783M | Reduced -10.2% |
| Francois Rochon | Giverny Capital | 0.73% | $21.6M | Reduced -9.0% |
| Thomas Gayner | Markel Group | 0.56% | $72.9M | Added +1.1% |
| Glenn Greenberg | Brave Warrior Advisors | 0.04% | $1.8M | Unchanged |
| Christopher Bloomstran | Semper Augustus | 0.02% | $208K | New position |
| First Eagle Investment | First Eagle Investment Management | <0.01% | $136K | Reduced -73.9% |

## Analysts
Consensus Buy (mean 2.40 on a 1–5 scale), 15 analysts; mean target USD 88.57 (low 71, high 115).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-17 | RBC Capital | Reiterated | Sector Perform | $80 |
| 2026-09-17 | Goldman Sachs | Upgrade | Neutral → Buy | $78 → $93 |
| 2026-09-10 | JP Morgan | Target raised | Underweight | $71 → $79 |
| 2026-09-10 | Keybanc | Target raised | Overweight | $85 → $90 |
| 2026-09-10 | B of A Securities | Target raised | Underperform | $62 → $71 |
| 2026-09-02 | JP Morgan | Target lowered | Underweight | $74 → $71 |
| 2026-08-17 | Wells Fargo | Initiated | Overweight | $96 |

## Total return (dividends reinvested)
|  | 1Y (from 2026-03-02) | 5Y (from 2026-03-02) |
|---|---|---|
| Total return | +8.4% | +7.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | — | — |
| Volatility (annualized) | 45.5% | 41.3% |
| Max drawdown | -22.5% (Jun 2026→Sep 2026) | -19.5% (Jun 2026→Aug 2026) |

## Peers (Rental & Leasing Services)
AER (AerCap Holdings N.V.) USD 147.68 -0.13% · URI (United Rentals, Inc.) USD 1,111.02 +3.93% · UHAL (U-Haul Holding Company) USD 56.8 +1.87% · R (Ryder System, Inc.) USD 265.53 +10.49% · GATX (GATX Corporation) USD 167.5 +1.95% · HRI (Herc Holdings Inc.) USD 133.55 +1.38%

## More
Full page: https://nexqual.com/SUNB · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-07-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| General Tool | $1.74B | 56.0% | +5.7% |
| Specialty | $1.13B | 36.3% | +24.5% |
| United Kingdom | $240.0M | 7.7% | -1.2% |
| Total revenue | $3.12B | 100% | — |

## Revenue by product line (quarter ended 2026-07-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Equipment rentals | $513.0M | 16.5% | +24.8% |
| Delivery and pick-up | $257.0M | 8.3% | +11.7% |
| Other | $256.0M | 8.2% | +41.4% |
| Sales of new equipment, merchandise and consumables | $103.0M | 3.3% | +6.2% |
| Sales of new equipment, merchandise and consumables | $103.0M | 3.3% | +6.2% |
| Sales of rental equipment | $85.0M | 2.7% | -17.5% |
| Sales of rental equipment | $85.0M | 2.7% | -17.5% |
| Total revenue | $3.12B | 100% | — |
The lines above cover 45% of total revenue.

## Revenue by region (fiscal year ended 2026-04-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $9.48B | 85.0% | +3.0% |
| UNITED KINGDOM | $932.0M | 8.4% | +2.8% |
| Canada | $744.0M | 6.7% | +9.4% |
| Total revenue | $11.15B | 100% | — |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-10-31) | $1.26 | $1.23 | +2.9% | $3.24B | 6 |
| Next quarter (ends 2027-01-31) | $0.92 | $0.87 | +5.8% | $2.85B | 6 |
| Current fiscal year (ends 2027-04-30) | $4.25 | $4.13 | +2.8% | $12.10B | 12 |
| Next fiscal year (ends 2028-04-30) | $4.43 | $4.28 | +3.4% | $12.95B | 6 |