SUNBSunbelt Rentals Holdings, Inc.
Services-Equipment Rental & Leasing, NEC
- Revenue
- $2.5B
- 4.4% YoY
- Operating margin
- 86.9%
- 16% YoY
- EBITDA
- $4.5B
- 5.5% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.9×
- $8.5B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear2855849× net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear50% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear16% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|
| Revenue | $2.8B | $2.4B | $2.5B | 4.4% |
| Operating income | $2.5B | $2.5B | $2.2B | 13% |
| Net income | $1.6B | $1.6B | $1K | 100% |
| Operating cash flow | $3.7B | $3.8B | $3.8B | 1.6% |
| Stock-based comp | $92M | −$9M | $80M | 989% |
| Buybacks | $78M | $342M | $1.4B | 313% |
| Dividends | $436M | $544M | $464M | 15% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $2K · 1
- Open-market sells, 12 mo
- $0 · 0
- Net
- $2K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $15M | $20M | 104 | 98 |