EquipmentShare.com Inc. (EQPT) vs Sunbelt Rentals Holdings, Inc. (SUNB)

EquipmentShare.com Inc. and Sunbelt Rentals Holdings, Inc. are both Rental & Leasing Services companies. Sunbelt Rentals Holdings, Inc. is the larger, with a market value of $31.2B against $3.5B — 9.0× the size. EquipmentShare.com Inc. trades at the lower P/E: 15.4× against 22.6×. Sunbelt Rentals Holdings, Inc. has the higher net margin (12.8% vs 1.03%) and the lower return on invested capital (9.04% vs 23.5%). Across the 17 metrics below, EquipmentShare.com Inc. leads on 11 and Sunbelt Rentals Holdings, Inc. on 6.

Valuation

Metric EQPT SUNB Rental & Leasing Services median
P/E 15.37 22.62 20.11
P/S 0.68 2.82 1.11
P/B 2.88 4.21 2.44
Price to free cash flow n/m 11.04 11.04
EV/EBITDA 3.36 11.50 8.70
EV/Sales 1.33 3.59 2.87
Earnings yield 6.51% 4.42% 3.40%
Free cash flow yield (48.66%) 9.06% 0.63%

Profitability

Metric EQPT SUNB Rental & Leasing Services median
Gross margin 49.70% 39.08% 48.46%
Operating margin 33.57% 20.78% 8.37%
Net margin 1.03% 12.82% 1.97%
Free cash flow margin (32.95%) 25.55% 2.91%
Return on equity 0.00% 0.00% 12.31%
Return on assets 1.49% 12.08% 0.88%
Return on invested capital 23.50% 9.04% 2.86%

Growth

Metric EQPT SUNB Rental & Leasing Services median
Revenue growth (TTM) — — 4.47%
EPS growth (last fiscal year) 102.08% (11.37%) 1.04%
Revenue growth, 5-year CAGR — — 11.45%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric EQPT SUNB Rental & Leasing Services median
Debt to equity 3.16 1.15 1.28
Current ratio 2.42 0.94 1.01
Net debt to EBITDA 4.59 1.68 4.19

Dividend

Metric EQPT SUNB Rental & Leasing Services median
Dividend yield — 1.37% 1.38%
Payout ratio — 0.31 0.24

Size

Metric EQPT SUNB Rental & Leasing Services median
Market cap 3.47b 31.20b 3.37b

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