Sunbelt Rentals Holdings Future Growth
Future criteria checks 4/6
Sunbelt Rentals Holdings is forecast to grow earnings and revenue by 14.4% and 5.8% per annum respectively. EPS is expected to grow by 12.9% per annum. Return on equity is forecast to be 21.5% in 3 years.
Key information
14.4%
Earnings growth rate
12.87%
EPS growth rate
| Trade Distributors earnings growth | 12.9% |
| Revenue growth rate | 5.8% |
| Future return on equity | 21.51% |
| Analyst coverage | Good |
| Last updated | 12 Jun 2026 |
Recent future growth updates
Recent updates
Narrative Update • Jun 08
SUNB: Updated Guidance And Buyback Progress Will Support Future Upside Potential
Analysts have lifted their price target for Sunbelt Rentals Holdings to £80.32 from £77.54, reflecting updated views on slightly higher long term revenue growth assumptions, a modestly higher discount rate, and an adjusted future P/E outlook paired with a somewhat lower profit margin expectation. What's in the News Sunbelt Rentals Holdings updated full year fiscal 2026 guidance, narrowing rental revenue growth expectations from a prior range of 0% to 4% to a new range of 2% to 3%.
Narrative Update • May 25
SUNB: Buybacks And Redomiciliation Will Shape Balanced Outlook For Shares
Analysts have adjusted their price target for Sunbelt Rentals Holdings by around £0.80. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E expectations.
Narrative Update • Apr 29
SUNB: Future Index Removal And Redomiciliation Will Limit Share Upside Potential
Analysts have trimmed their price target for Sunbelt Rentals Holdings from £46.00 to about £45.35, reflecting refreshed assumptions around revenue growth, profit margins, discount rate, and future P/E expectations. What's in the News Ashtead Group plc’s ordinary shares have been cancelled from trading on the London Stock Exchange effective March 2, 2026, following a company request.Narrative Update • Apr 14
SUNB: Delisting And Redomiciliation Will Support Future Upside Potential
Analysts have trimmed their price target for Sunbelt Rentals Holdings to £77.54 from £80.27, reflecting updated views that combine more moderate revenue growth expectations and a slightly higher discount rate with a modestly stronger profit margin outlook and a small uplift in assumed future P/E. What's in the News Sunbelt Rentals Holdings narrowed its full year fiscal 2026 rental revenue growth guidance range to 2% to 3%, from a prior range of 0% to 4% (company guidance).Narrative Update • Mar 31
SUNB: Buybacks And U.S. Redomiciliation Will Drive Future Upside
Analysts have raised their price target for Sunbelt Rentals Holdings from £58.85 to £60.41, citing updated assumptions on discount rates, profit margins, revenue growth and future P/E levels. What's in the News Ashtead Group plc ordinary shares of 10 pence each have been cancelled from trading on the London Stock Exchange with effect from March 2, 2026, following the redomiciliation to the U.S. (Delisting notice) In connection with the U.S. redomiciliation, the audit committee accepted the resignation of PwC UK and appointed PwC US as Sunbelt Rentals Holdings' independent registered public accounting firm for the fiscal year ending April 30, 2026 (Auditor announcement) Sunbelt Rentals Holdings revised full year fiscal 2026 guidance, updating rental revenue growth expectations from a prior range of 0% to 4% to a narrower range of 2% to 3% (Guidance update) Under the buyback announced on December 10, 2024, the company has completed repurchases totaling 21,900,000 shares, representing 5.11% of shares for US$1.4b.Narrative Update • Mar 17
SUNB: Delisting And Redomiciliation Will Support Upside Potential Ahead
Analysts have nudged their price target on Sunbelt Rentals Holdings slightly higher to £80.27 from £80.12, citing updated views on discount rates, profit margins and future P/E assumptions that together leave their fair value outlook broadly unchanged. What's in the News Full year fiscal 2026 rental revenue guidance range adjusted to 2% to 3% growth, compared with the prior 0% to 4% range, narrowing management expectations for the year (Corporate guidance).Narrative Update • Mar 03
AHT: Buybacks And Dividend Policy Will Support Upside Into Planned Delisting
Analysts have adjusted their Ashtead Group price target to £80.12 from £77.32, reflecting updated views on discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Ashtead Group has requested the cancellation of its ordinary shares from trading on the London Stock Exchange, effective 2 March 2026.Narrative Update • Feb 17
AHT: Buybacks And Progressive Dividend Policy Will Support Further Upside
Analysts have raised their price target on Ashtead Group to £77.32 from £74.60, reflecting updated assumptions around revenue, profit margins and future P/E multiples in their models. What's in the News The Board reaffirmed full year Group rental revenue guidance for 2025/26 in a range of 0% to 4%, giving investors a clear view of the company’s current expectations for top line rental growth (Key Developments).Narrative Update • Feb 03
AHT: Buybacks And Dividend Will Support Shares As Rental Outlook Stays Muted
Analysts have kept their fair value estimate for Ashtead Group steady at £46.00, citing small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions rather than a shift in their overall view of the shares. What's in the News Ashtead Group announced a share repurchase program to buy back up to US$1,500 million of shares, with the plan running until the end of April 2027 (company announcement).Narrative Update • Jan 19
AHT: Buybacks And Rising Dividend Policy Will Drive Future Upside
The latest analyst update nudges the Ashtead Group fair value estimate from £57.25 to £58.85, with analysts pointing to revised assumptions for revenue growth, profit margins and future P/E as the key drivers behind the change. What's in the News Ashtead Group has an authorized share repurchase program of up to US$1,500m, running until the end of April 2027, as previously announced.Analysis Article • Jan 19
Does Ashtead Group (LON:AHT) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Jan 05
AHT: Share Buybacks And Dividend Policy Will Support A Higher Price
Analysts have lifted their fair value estimate for Ashtead Group from £66.00 to about £74.60. This reflects updated assumptions for revenue growth, profit margins and future P/E levels in their models.Analysis Article • Jan 04
Returns On Capital At Ashtead Group (LON:AHT) Have Stalled
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Narrative Update • Dec 21
AHT: Share Buybacks And Dividends Will Mask Limited Rental Revenue Upside
Analysts have raised their price target on Ashtead Group to approximately £46.00 from about £40.46, reflecting improved expectations for revenue growth and profit margins, along with a slightly higher discount rate and a modestly lower future valuation multiple. What's in the News Ashtead Group has announced a new share repurchase program of up to $1.5 billion, valid until the end of April 2027 (Key Developments).Analysis Article • Dec 21
Ashtead Group plc's (LON:AHT) P/E Is On The Mark
With a price-to-earnings (or "P/E") ratio of 21x Ashtead Group plc ( LON:AHT ) may be sending bearish signals at the...Analysis Article • Dec 08
Ashtead Group plc (LON:AHT) Shares Could Be 24% Below Their Intrinsic Value Estimate
Key Insights Ashtead Group's estimated fair value is UK£63.11 based on 2 Stage Free Cash Flow to Equity Current share...Narrative Update • Dec 07
AHT: Earnings Momentum And Market Share Gains Will Drive Future Upside
Analysts have nudged Ashtead Group's fair value estimate slightly lower to approximately £57.25 from about £57.25 per share, as modestly higher discount rate assumptions more than offset improved forecasts for revenue growth, profit margins, and long term valuation multiples. These changes are informed by a mix of more cautious earnings momentum views and fresh optimism reflected in recent price targets ranging between roughly £57.00 and £67.50.Narrative Update • Nov 23
AHT: Projected Share Buybacks Will Support Ongoing Upside Momentum
Analysts have revised Ashtead Group’s fair value estimate downward by nearly £0.81 to £57.25. This change reflects slightly slower expected revenue growth and near-term earnings momentum.Analysis Article • Nov 10
Should You Investigate Ashtead Group plc (LON:AHT) At UK£46.86?
Ashtead Group plc ( LON:AHT ) saw significant share price movement during recent months on the LSE, rising to highs of...Analysis Article • Sep 30
Is Ashtead Group (LON:AHT) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Narrative Update • Sep 27
US Mega Projects And Telematics Will Support Modern Rental Markets
Analysts have slightly increased Ashtead Group’s fair value target to £58.06, reflecting an improved operational outlook and sector adjustments but tempered by concerns over near-term earnings momentum and ongoing market weakness. Analyst Commentary Bullish analysts cite an improved operational outlook and potential for outperformance as reasons for upgrades and higher price targets.Analysis Article • Sep 17
Ashtead Group plc's (LON:AHT) Shares May Have Run Too Fast Too Soon
With a price-to-earnings (or "P/E") ratio of 20.9x Ashtead Group plc ( LON:AHT ) may be sending bearish signals at the...Narrative Update • Sep 12
US Mega Projects And Telematics Will Support Modern Rental Markets
Ashtead Group's consensus price target saw a slight upward revision to £56.12 as analysts remain cautious due to muted near-term earnings momentum and macroeconomic uncertainties, despite some long-term optimism. Analyst Commentary Bearish analysts cite muted near-term earnings momentum and limited prospects for an imminent recovery as reasons for cautious sentiment.Analysis Article • Aug 26
Here's Why We Think Ashtead Group plc's (LON:AHT) CEO Compensation Looks Fair for the time being
Key Insights Ashtead Group will host its Annual General Meeting on 2nd of September Total pay for CEO Brendan Horgan...Analysis Article • Aug 17
Calculating The Intrinsic Value Of Ashtead Group plc (LON:AHT)
LSE:AHT 1 Year Share Price vs Fair Value Explore Ashtead Group's Fair Values from the Community and select yours Key...Analysis Article • Jul 16
Returns At Ashtead Group (LON:AHT) Appear To Be Weighed Down
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Analysis Article • Jun 19
Analyst Estimates: Here's What Brokers Think Of Ashtead Group plc (LON:AHT) After Its Annual Report
Investors in Ashtead Group plc ( LON:AHT ) had a good week, as its shares rose 3.2% to close at UK£44.76 following the...
New Narrative • Jan 22
US Listing Will Improve Capital Market Access And Liquidity
Moving primary listing to the U.S. aligns operations, potentially boosting financial metrics through better market access and liquidity.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 4/30/2029 | 13,834 | 2,402 | 1,892 | 5,146 | 2 |
| 4/30/2028 | 12,312 | 1,925 | 1,853 | 4,365 | 13 |
| 4/30/2027 | 11,566 | 1,660 | 1,783 | 4,026 | 15 |
| 4/30/2026 | 11,045 | 1,427 | 2,001 | 3,916 | 15 |
| 1/31/2026 | 10,930 | 1,386 | 2,409 | 2,153 | N/A |
| 10/31/2025 | 10,860 | 1,421 | 2,380 | 2,729 | N/A |
| 7/31/2025 | 10,839 | 1,483 | 2,054 | 2,484 | N/A |
| 4/30/2025 | 10,792 | 1,511 | 1,718 | 2,174 | N/A |
| 1/31/2025 | 10,890 | 1,549 | 1,100 | 3,699 | N/A |
| 10/31/2024 | 10,980 | 1,556 | 931 | 1,580 | N/A |
| 7/31/2024 | 10,916 | 1,555 | 466 | 1,157 | N/A |
| 4/30/2024 | 10,859 | 1,598 | 169 | 855 | N/A |
| 1/31/2024 | 10,675 | 1,620 | -289 | 362 | N/A |
| 10/31/2023 | 10,445 | 1,668 | -21 | 586 | N/A |
| 7/31/2023 | 10,104 | 1,669 | 258 | 782 | N/A |
| 4/30/2023 | 9,667 | 1,618 | 490 | 1,000 | N/A |
| 1/31/2023 | 9,302 | 1,567 | 649 | 1,161 | N/A |
| 10/31/2022 | 8,875 | 1,484 | 811 | 1,300 | N/A |
| 7/31/2022 | 8,369 | 1,343 | 770 | 1,227 | N/A |
| 4/30/2022 | 7,962 | 1,251 | 1,101 | 1,499 | N/A |
| 1/31/2022 | 7,643 | 1,182 | 1,160 | 1,469 | N/A |
| 10/31/2021 | 7,264 | 1,101 | 1,191 | 1,432 | N/A |
| 7/31/2021 | 6,986 | 1,045 | 1,664 | 1,839 | N/A |
| 4/30/2021 | 6,639 | 920 | 1,804 | 1,942 | N/A |
| 1/31/2021 | 6,423 | 801 | 1,948 | 2,080 | N/A |
| 10/31/2020 | 6,332 | 796 | 1,762 | 1,925 | N/A |
| 7/31/2020 | 6,465 | 851 | 1,371 | 1,594 | N/A |
| 4/30/2020 | 6,364 | 932 | 982 | 1,245 | N/A |
| 1/31/2020 | 6,648 | 1,078 | 857 | 1,142 | N/A |
| 10/31/2019 | 6,386 | 1,074 | N/A | 992 | N/A |
| 7/31/2019 | 5,753 | 991 | N/A | 810 | N/A |
| 4/30/2019 | 5,867 | 1,039 | N/A | 687 | N/A |
| 1/31/2019 | 5,619 | 973 | N/A | 583 | N/A |
| 10/31/2018 | 5,185 | 1,418 | N/A | 667 | N/A |
| 7/31/2018 | 5,084 | 1,350 | N/A | 672 | N/A |
| 4/30/2018 | 5,101 | 1,334 | N/A | 714 | N/A |
| 1/31/2018 | 5,177 | 1,404 | N/A | 795 | N/A |
| 10/31/2017 | 4,694 | 731 | N/A | 659 | N/A |
| 7/31/2017 | 4,433 | 704 | N/A | 701 | N/A |
| 4/30/2017 | 4,128 | 649 | N/A | 550 | N/A |
| 1/31/2017 | 3,803 | 608 | N/A | 363 | N/A |
| 10/31/2016 | 3,465 | 563 | N/A | 262 | N/A |
| 7/31/2016 | 3,498 | 562 | N/A | 164 | N/A |
| 4/30/2016 | 3,726 | 597 | N/A | 49 | N/A |
| 1/31/2016 | 3,427 | 528 | N/A | 37 | N/A |
| 10/31/2015 | 3,584 | 551 | N/A | -51 | N/A |
| 7/31/2015 | 3,440 | 517 | N/A | -66 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUNB's forecast earnings growth (14.4% per year) is above the savings rate (3.4%).
Earnings vs Market: SUNB's earnings (14.4% per year) are forecast to grow faster than the UK market (11.6% per year).
High Growth Earnings: SUNB's earnings are forecast to grow, but not significantly.
Revenue vs Market: SUNB's revenue (5.8% per year) is forecast to grow faster than the UK market (4.6% per year).
High Growth Revenue: SUNB's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SUNB's Return on Equity is forecast to be high in 3 years time (21.5%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/16 09:25 |
| End of Day Share Price | 2026/06/16 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2025/04/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sunbelt Rentals Holdings, Inc. is covered by 38 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jane Sparrow | Barclays |
| Adam Seiden | Barclays |
| James Rosenthal | Barclays |