Ashtead Group plc

LSE:AHT Stock Report

Market Cap: UK£21.7b

Ashtead Group Past Earnings Performance

Past criteria checks 2/6

Ashtead Group has been growing earnings at an average annual rate of 10.5%, while the Trade Distributors industry saw earnings growing at 5.6% annually. Revenues have been growing at an average rate of 11.7% per year. Ashtead Group's return on equity is 19.2%, and it has net margins of 13.1%.

Key information

10.52%

Earnings growth rate

11.20%

EPS growth rate

Trade Distributors Industry Growth16.26%
Revenue growth rate11.69%
Return on equity19.17%
Net Margin13.09%
Last Earnings Update31 Oct 2025

Recent past performance updates

Recent updates

Ashtead Group plc (LON:AHT) Shares Could Be 24% Below Their Intrinsic Value Estimate

Dec 08
Ashtead Group plc (LON:AHT) Shares Could Be 24% Below Their Intrinsic Value Estimate

Should You Investigate Ashtead Group plc (LON:AHT) At UK£46.86?

Nov 10
Should You Investigate Ashtead Group plc (LON:AHT) At UK£46.86?

Is Ashtead Group (LON:AHT) Using Too Much Debt?

Sep 30
Is Ashtead Group (LON:AHT) Using Too Much Debt?

Ashtead Group plc's (LON:AHT) Shares May Have Run Too Fast Too Soon

Sep 17
Ashtead Group plc's (LON:AHT) Shares May Have Run Too Fast Too Soon

Here's Why We Think Ashtead Group plc's (LON:AHT) CEO Compensation Looks Fair for the time being

Aug 26
Here's Why We Think Ashtead Group plc's (LON:AHT) CEO Compensation Looks Fair for the time being

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

Aug 17
Calculating The Intrinsic Value Of Ashtead Group plc (LON:AHT)

Returns At Ashtead Group (LON:AHT) Appear To Be Weighed Down

Jul 16
Returns At Ashtead Group (LON:AHT) Appear To Be Weighed Down

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

Jun 19
Analyst Estimates: Here's What Brokers Think Of Ashtead Group plc (LON:AHT) After Its Annual Report

Ashtead Group (LON:AHT) Takes On Some Risk With Its Use Of Debt

May 27
Ashtead Group (LON:AHT) Takes On Some Risk With Its Use Of Debt

Ashtead Group plc's (LON:AHT) Business Is Trailing The Market But Its Shares Aren't

May 11
Ashtead Group plc's (LON:AHT) Business Is Trailing The Market But Its Shares Aren't

Slowing Rates Of Return At Ashtead Group (LON:AHT) Leave Little Room For Excitement

Apr 05
Slowing Rates Of Return At Ashtead Group (LON:AHT) Leave Little Room For Excitement

What Does Ashtead Group plc's (LON:AHT) Share Price Indicate?

Feb 25
What Does Ashtead Group plc's (LON:AHT) Share Price Indicate?

Does Ashtead Group (LON:AHT) Have A Healthy Balance Sheet?

Feb 10
Does Ashtead Group (LON:AHT) Have A Healthy Balance Sheet?

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

Jan 24
What Ashtead Group plc's (LON:AHT) P/E Is Not Telling You
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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.

Are Ashtead Group plc (LON:AHT) Investors Paying Above The Intrinsic Value?

Jan 09
Are Ashtead Group plc (LON:AHT) Investors Paying Above The Intrinsic Value?

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 2510,8601,4222,6120
31 Jul 2510,8391,4832,5960
30 Apr 2510,7921,5112,5740
31 Jan 2510,8901,5242,5800
31 Oct 2410,9801,5472,6140
31 Jul 2410,9161,5552,6140
30 Apr 2410,8591,5982,6000
31 Jan 2410,6751,6202,5750
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

Quality Earnings: AHT has high quality earnings.

Growing Profit Margin: AHT's current net profit margins (13.1%) are lower than last year (14.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AHT's earnings have grown by 10.5% 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 (-8.1%) over the past year, making it difficult to compare to the Trade Distributors industry average (-0.4%).


Return on Equity

High ROE: AHT's Return on Equity (19.2%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 23:32
End of Day Share Price 2025/12/15 00:00
Earnings2025/10/31
Annual Earnings2025/04/30

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.

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 Github.

Analyst Sources

Ashtead Group plc is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jane SparrowBarclays
James RosenthalBarclays
Carl RaynsfordBerenberg