Ashtead Group plc

LSE:AHT Stock Report

Market Cap: UK£21.6b

Ashtead Group Past Earnings Performance

Past criteria checks 2/6

Ashtead Group has been growing earnings at an average annual rate of 14.1%, while the Trade Distributors industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 13.4% per year. Ashtead Group's return on equity is 20.6%, and it has net margins of 14.1%.

Key information

14.1%

Earnings growth rate

15.2%

EPS growth rate

Trade Distributors Industry Growth16.3%
Revenue growth rate13.4%
Return on equity20.6%
Net Margin14.1%
Next Earnings Update04 Mar 2025

Recent past performance updates

Recent updates

Ashtead Group's (LON:AHT) Returns Have Hit A Wall

Nov 17
Ashtead Group's (LON:AHT) Returns Have Hit A Wall

Ashtead Group (LON:AHT) Has A Somewhat Strained Balance Sheet

Nov 04
Ashtead Group (LON:AHT) Has A Somewhat Strained Balance Sheet

Some Confidence Is Lacking In Ashtead Group plc's (LON:AHT) P/E

Oct 21
Some Confidence Is Lacking In Ashtead Group plc's (LON:AHT) P/E

A Look At The Fair Value Of Ashtead Group plc (LON:AHT)

Oct 08
A Look At The Fair Value Of Ashtead Group plc (LON:AHT)

Ashtead Group plc (LON:AHT) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Sep 06
Ashtead Group plc (LON:AHT) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Is It Time To Consider Buying Ashtead Group plc (LON:AHT)?

Aug 30
Is It Time To Consider Buying Ashtead Group plc (LON:AHT)?

Ashtead Group's (LON:AHT) Returns Have Hit A Wall

Aug 17
Ashtead Group's (LON:AHT) Returns Have Hit A Wall

Ashtead Group (LON:AHT) Has A Somewhat Strained Balance Sheet

Jul 04
Ashtead Group (LON:AHT) Has A Somewhat Strained Balance Sheet

Analyst Estimates: Here's What Brokers Think Of Ashtead Group plc (LON:AHT) After Its Annual Report

Jun 21
Analyst Estimates: Here's What Brokers Think Of Ashtead Group plc (LON:AHT) After Its Annual Report

Estimating The Intrinsic Value Of Ashtead Group plc (LON:AHT)

Jun 02
Estimating The Intrinsic Value Of Ashtead Group plc (LON:AHT)

The Returns At Ashtead Group (LON:AHT) Aren't Growing

May 05
The Returns At Ashtead Group (LON:AHT) Aren't Growing

What Ashtead Group plc's (LON:AHT) P/E Is Not Telling You

Apr 23
What Ashtead Group plc's (LON:AHT) P/E Is Not Telling You

We Think Ashtead Group (LON:AHT) Is Taking Some Risk With Its Debt

Mar 18
We Think Ashtead Group (LON:AHT) Is Taking Some Risk With Its Debt

Why Ashtead Group plc (LON:AHT) Could Be Worth Watching

Mar 06
Why Ashtead Group plc (LON:AHT) Could Be Worth Watching

Returns On Capital At Ashtead Group (LON:AHT) Have Stalled

Feb 01
Returns On Capital At Ashtead Group (LON:AHT) Have Stalled

Does Ashtead Group (LON:AHT) Deserve A Spot On Your Watchlist?

Jan 21
Does Ashtead Group (LON:AHT) Deserve A Spot On Your Watchlist?

Are Investors Undervaluing Ashtead Group plc (LON:AHT) By 37%?

Jan 21
Are Investors Undervaluing Ashtead Group plc (LON:AHT) By 37%?

Risks To Shareholder Returns Are Elevated At These Prices For Ashtead Group plc (LON:AHT)

Dec 29
Risks To Shareholder Returns Are Elevated At These Prices For Ashtead Group plc (LON:AHT)

Revenue & Expenses Breakdown

How Ashtead Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:AHT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 2410,9801,5472,6140
31 Jul 2410,9161,5552,6140
30 Apr 2410,8591,5982,6000
31 Jan 2410,6751,6202,5760
31 Oct 2310,4451,6682,5150
31 Jul 2310,1041,6692,4360
30 Apr 239,6671,6182,3340
31 Jan 239,3021,5672,2420
31 Oct 228,8751,4842,1410
31 Jul 228,3691,3432,0240
30 Apr 227,9621,2511,9130
31 Jan 227,6431,1821,8100
31 Oct 217,2641,1011,7080
31 Jul 216,9861,0451,6280
30 Apr 216,6399201,5690
31 Jan 216,4238011,5750
31 Oct 206,3327961,5490
31 Jul 206,4658511,5900
30 Apr 206,3649321,5400
31 Jan 206,6481,0781,6090
31 Oct 196,3861,0741,5730
31 Jul 195,7539911,4410
30 Apr 195,8671,0391,4970
31 Jan 195,6199731,4300
31 Oct 185,1851,4181,3270
31 Jul 185,0841,3501,3160
30 Apr 185,1011,3341,3380
31 Jan 185,1771,4041,3490
31 Oct 174,6947311,2190
31 Jul 174,4337041,1530
30 Apr 174,1286491,0760
31 Jan 173,8036089960
31 Oct 163,4655639090
31 Jul 163,4985629260
30 Apr 163,7265979770
31 Jan 163,4275289040
31 Oct 153,5845519460
31 Jul 153,4405179090
30 Apr 153,1334668370
31 Jan 152,8324327590
31 Oct 142,8354267720
31 Jul 142,8404147970
30 Apr 142,7613907900
31 Jan 142,6283517640

Quality Earnings: AHT has high quality earnings.

Growing Profit Margin: AHT's current net profit margins (14.1%) are lower than last year (16%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AHT's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: AHT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AHT had negative earnings growth (-7.3%) over the past year, making it difficult to compare to the Trade Distributors industry average (-8.4%).

Return on Equity

High ROE: Whilst AHT's Return on Equity (20.63%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 22:50
End of Day Share Price 2024/12/24 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Ashtead Group plc is covered by 45 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Geoff AllumArden Partners Plc.
Jane SparrowBarclays
James RosenthalBarclays