Sunbelt Rentals Q4 sales rise 8.9% to $2.754B, adj. EPS falls

0 min read | Published on 23 Jun 2026, 09:25 PM |Updated on 23 Jun 2026, 09:25 PM

Reviewed by

Jubin VScanX News Team

Key Highlights

Sunbelt Rentals Holdings reported Q4 sales of $2.754 billion, up 8.90% year-over-year, while adjusted EPS fell 8.64% to $0.74. The company faces margin pressure despite revenue growth.

*this image is generated using AI for illustrative purposes only.

Sunbelt Rentals Holdings reported sales of $2.754 billion for the quarter, an 8.90% increase compared to $2.529 billion in the same period last year. Adjusted earnings per share declined 8.64% to $0.74 from $0.81 a year ago. The company's revenue growth was driven by higher sales volume, while profitability faced pressure from rising costs.

Financial Performance

The company's top-line growth reflects strong demand across its rental equipment segments. However, the decline in adjusted EPS indicates challenges in maintaining margins amidst operational expenses.

Metric	Current Quarter	Year-Ago Quarter	Change
Sales	$2.754 billion	$2.529 billion	+8.90%
Adj. EPS	$0.74	$0.81	-8.64%

Sunbelt Rentals Holdings continues to focus on expanding its fleet and geographic reach to sustain revenue momentum. The divergence between sales growth and EPS decline highlights the need for cost management strategies in the coming quarters.

What specific cost management strategies will Sunbelt Rentals implement to reverse the decline in adjusted EPS?

How will the company balance fleet expansion with the need to control rising operational expenses?

Is the current sales volume growth sustainable given the pressure on profitability?

Sunbelt Rentals targets FY2027 sales of $11.65B-$11.99B

1 min read | Published on 23 Jun 2026, 05:41 PM |Updated on 23 Jun 2026, 09:24 PM

Reviewed by

Shriram SScanX News Team

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Key Highlights

Sunbelt Rentals Holdings issued fiscal 2027 guidance targeting sales between $11.652 billion and $11.986 billion, driven by expected rental revenue growth of 5% to 8%. This follows a record fiscal 2026 where the company achieved $11.154 billion in revenue and completed the $650 million acquisition of Reliant Asset Management.

*this image is generated using AI for illustrative purposes only.

Sunbelt Rentals Holdings, Inc. has provided a fiscal 2027 outlook projecting total revenue between $11.652 billion and $11.986 billion, representing growth of 4.5% to 7.5% over the prior year. This guidance follows the company's record fiscal 2026 performance, which achieved total revenue of $11,154 million for the year ended April 30, 2026. The company also recently completed the acquisition of Reliant Asset Management for $650 million to expand its modular space solutions capabilities.

Fiscal 2027 Outlook

The company has established specific financial targets for the upcoming fiscal year, including rental revenue growth expectations and capital expenditure plans.

Metric:	FY2027 Outlook	FY2026 Actual
Total Revenue Growth:	4.5% to 7.5%	$11.15 billion
Rental Revenue Growth:	5% to 8%	$10.32 billion
Adjusted EBITDA:	$4.85 billion to $5.05 billion	$4.68 billion
Net Rental Equipment Capital Expenditures:	$2.05 billion to $2.45 billion	$1.42 billion
Gross Rental Capital Expenditures:	$2.45 billion to $2.85 billion	$1.84 billion

Fiscal 2026 Performance Summary

For the full fiscal year 2026, Sunbelt Rentals reported total revenue of $11,154 million, an increase of 3.4% year-over-year. The North America Specialty segment was a key driver, with rental revenue growing 5.8% for the full year and 15.1% in the fourth quarter. Adjusted EBITDA for the year was $4,677 million, with a margin of 41.9%, while free cash flow reached $2,055 million.

Capital Allocation and Returns

The company returned $1,877 million to shareholders in fiscal 2026, comprising $1,413 million in share buybacks and $464 million in dividends. A new share buyback program of $1.5 billion commenced on March 2, 2026. The Board of Directors declared a final dividend of $0.75 per share, payable on July 24, 2026, bringing the full-year dividend to $1.125, a 4% increase over the prior year.

How will the significant increase in capital expenditure plans for fiscal 2027 impact the company's free cash flow generation compared to the prior year?

What specific revenue synergies does Sunbelt Rentals expect to realize from the Reliant Asset Management acquisition within the fiscal 2027 outlook?

Will the aggressive share buyback program continue beyond the current $1.5 billion authorization given the projected rise in capital investments?