EquipmentShare.com Balance Sheet Health
Financial Health criteria checks 1/6
EquipmentShare.com has a total shareholder equity of $1.6B and total debt of $3.2B, which brings its debt-to-equity ratio to 206.7%. Its total assets and total liabilities are $6.4B and $4.8B respectively. EquipmentShare.com's EBIT is $308.0M making its interest coverage ratio 1.1. It has cash and short-term investments of $329.0M.
Key information
206.68%
Debt to equity ratio
US$3.25b
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$329.00m |
| Equity | US$1.57b |
| Total liabilities | US$4.79b |
| Total assets | US$6.36b |
Recent financial health updates
Recent updates
Telematics Competition And Mega Project Cycles Will Shape Long Term Fleet Utilization Prospects
Catalysts About EquipmentShare.com EquipmentShare provides equipment rental and connected job site technology, combining a national rental fleet with its proprietary T3 platform. What are the underlying business or industry changes driving this perspective?
Mega Project Expansion And OWN Program Will Reshape Long Term Equipment Rental Demand
Catalysts About EquipmentShare.com EquipmentShare.com provides tech enabled equipment rental, job site services and a connected platform for contractors across the United States. What are the underlying business or industry changes driving this perspective?EquipmentShare.com: A Much More Compelling Set-Up Here
Summary EquipmentShare.com has seen a 40% share price decline since IPO, despite strong rental revenue growth and expanding locations. EquipmentShare reported 34% rental revenue growth and 36% operating profit growth, but real earnings remain elusive due to high expansion and startup costs. 2026 guidance projects slower location growth, continued strong rental revenue growth, but only modest adjusted EBITDA gains, signaling potential margin pressure. Valuation now appears more compelling versus peers, but margin trends and the impact of the OWN program warrant a cautious, wait-and-see stance. Read the full article on Seeking Alpha
Mega Project Exposure And OWN Program Will Reshape Long Term Earnings Power
Catalysts About EquipmentShare.com EquipmentShare.com operates a tech enabled equipment rental and job site services platform focused on large, complex construction and industrial projects. What are the underlying business or industry changes driving this perspective?Financial Position Analysis
Short Term Liabilities: EQPT's short term assets ($1.9B) exceed its short term liabilities ($758.0M).
Long Term Liabilities: EQPT's short term assets ($1.9B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: EQPT's net debt to equity ratio (185.8%) is considered high.
Reducing Debt: Insufficient data to determine if EQPT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EQPT's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: EQPT's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/20 06:21 |
| End of Day Share Price | 2026/05/20 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
EquipmentShare.com Inc. is covered by 12 analysts. 10 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 |
|---|---|
| Mircea Dobre | Baird |
| Kyle Menges | Citigroup Inc |
| Kyle Menges | Citigroup Inc |