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Friday 6 November 2026 Export SUNB’s income statement to Excel — free account

Sunbelt Rentals Holdings, Inc.

SUNB Industrials Rental & Leasing Services

Sunbelt Rentals Holdings, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $11.2 billion, up 3.36% from fiscal 2025.

76.70 0.57 +0.75%
Market cap
$31.2B
P/E
22.6×
Fwd P/E
21.3×
Dividend yield
1.37%
F-score
n/a
Altman Z
2.59
Beneish M
−2.90
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

Sunbelt Rentals Holdings, Inc. (SUNB) valuation and DCF model

What the price implies · reverse DCF

At $76.70 the price implies free cash flow after share-based pay growing 1.8% a year for ten years.

The industry’s median company is priced for 14.2%.

Price implies
1.8%
Industry median implies
14.2%

The headline discounts the last twelve months’ free cash flow after share-based pay at 9.0% for ten years and grows it 2.5% a year after that, the same for every company, so the figure compares across the market (how a reverse DCF works).

The other way round · DCF
The price needs
1.8% a year for ten years
$76.70
today’s price
Its base case
5.0% a year for five years, then 3.0%
$95.47
24.5% above today’s price

Both are growth in free cash flow after share-based pay, discounted at 9.0%, with 2.5% a year after year ten.

Base case on its own ten-year record Sunbelt Rentals Holdings, Inc.’s own growth, carried forward

Its assumptions

Powerpack lets you start from a scenario and type over any of them.

The base case’s inputs, which Powerpack lets you change
1 · Cash flow to equity
the four quarters to July 2026, from the 10-Q and 10-K filings, before share-based pay

Yearly growth in cash flow. It usually slows as the company matures.

Today’s price implies free cash flow after share-based pay growing 1.8% a year for ten years.

2 · Rates

Cost of equity is the yearly return shareholders require, typically 8–11%. Terminal growth is growth forever after year 10, usually near long-run inflation, 2–3%.

3 · Per share

Diluted shares outstanding. Net debt, under Advanced inputs, is taken off before dividing.

Advanced inputs
Free cash flow Revenue and margin
negative is net cash
new shares the cash flow does not pay for
Equity value $40.47b ▲ above market cap $32.51b
Base case value per share $95.47 equity value ÷ 423.90m shares
Current price $76.70 market price per share
Above today’s price 24.5% upside at the base case’s assumptions

How we got there$21.93b 10 years of cash to equity+$27.06b terminal value−$8.52b net debt=$40.47b equity value÷423.90m shares=$95.47 per share

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Rental & Leasing Services).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E 22.62× 21.62× 21.62× 5% above 20.11× 13% above
P/FCF 11.04× 9.99× 9.99× 10% above 11.04× 0% above
P/B 4.21× 4.26× 4.26× 1% below 2.44× 73% above
EV/EBITDA 11.50× 11.50× 11.50× 0% above 8.70× 32% above
EV/Sales 3.59× 3.59× 3.59× 0% above 2.87× 25% above
P/E P/FCF P/B
3.96×4.12×4.28×4.45×10Y avg 4.26×20262026

SUNB trades at 4.21× P/B, against a 10-year average of 4.26× (range 4.21×–4.31×). That is cheaper than 100% of the last 1 year-end readings; re-rating to the average implies $77.63 per share.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.