Sunbelt Rentals Holdings, Inc. (SUNB) - Net Assets
Based on the latest financial reports, Sunbelt Rentals Holdings, Inc. (SUNB) has net assets worth $7.41 Billion USD as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($22.27 Billion) and total liabilities ($14.86 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore SUNB net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.41 Billion |
| % of Total Assets | 33.27% |
| Annual Growth Rate | 10.15% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.1 |
Sunbelt Rentals Holdings, Inc. - Net Assets Trend (2022–2026)
This chart illustrates how Sunbelt Rentals Holdings, Inc.'s net assets have evolved over time, based on quarterly financial data. Check Sunbelt Rentals Holdings, Inc. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Sunbelt Rentals Holdings, Inc. (2022–2026)
The table below shows the annual net assets of Sunbelt Rentals Holdings, Inc. from 2022 to 2026. For live market cap and overall valuation, see SUNB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | $7.41 Billion | -3.38% |
| 2025-04-30 | $7.67 Billion | +8.24% |
| 2024-04-30 | $7.08 Billion | +17.92% |
| 2023-04-30 | $6.01 Billion | +19.36% |
| 2022-04-30 | $5.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunbelt Rentals Holdings, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 34.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.65 Billion | 103.20% |
| Common Stock | $4.00 Million | 0.05% |
| Other Comprehensive Income | $-186.00 Million | -2.51% |
| Total Equity | $7.41 Billion | 100.00% |
Sunbelt Rentals Holdings, Inc. Competitors by Market Cap
The table below lists competitors of Sunbelt Rentals Holdings, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VOLKSWAGEN ADR 1/10/O.N.
F:VOWA
|
$31.57 Billion |
|
Universal Music Group N.V.
AS:UMG
|
$31.58 Billion |
|
Naspers Limited
JSE:NPN
|
$31.71 Billion |
|
KB Financial Group Inc
F:KBIA
|
$31.74 Billion |
|
Ares Management LP
NYSE:ARES
|
$31.36 Billion |
|
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
|
$31.33 Billion |
|
DAIKIN INDUSTR.UNSP.ADR
F:DKIA
|
$31.31 Billion |
|
Sandoz Group AG
SW:SDZ
|
$31.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunbelt Rentals Holdings, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 7,668,100,000 to 7,409,000,000, a change of -259,100,000 (-3.4%).
- Net income of 1,325,000,000 contributed positively to equity growth.
- Dividend payments of 464,000,000 reduced retained earnings.
- Share repurchases of 1,432,000,000 reduced equity.
- New share issuances of 24,000,000 increased equity.
- Other comprehensive income decreased equity by 186,000,000.
- Other factors increased equity by 473,900,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.32 Billion | +17.88% |
| Dividends Paid | $464.00 Million | -6.26% |
| Share Repurchases | $1.43 Billion | -19.33% |
| Share Issuances | $24.00 Million | +0.32% |
| Other Comprehensive Income | $-186.00 Million | -2.51% |
| Other Changes | $473.90 Million | +6.4% |
| Total Change | $- | -3.38% |
Book Value vs Market Value Analysis
This analysis compares Sunbelt Rentals Holdings, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.86x to 4.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-04-30 | $11.21 | $76.88 | x |
| 2023-04-30 | $13.46 | $76.88 | x |
| 2024-04-30 | $16.13 | $76.88 | x |
| 2025-04-30 | $17.55 | $76.88 | x |
| 2026-04-30 | $17.73 | $76.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunbelt Rentals Holdings, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.88%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 3.01x
- Recent ROE (17.88%) is below the historical average (22.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 24.85% | 15.71% | 0.52x | 3.04x | $747.73 Million |
| 2023 | 26.93% | 16.73% | 0.52x | 3.12x | $1.02 Billion |
| 2024 | 22.56% | 14.72% | 0.50x | 3.06x | $889.94 Million |
| 2025 | 19.70% | 14.00% | 0.50x | 2.83x | $743.69 Million |
| 2026 | 17.88% | 11.88% | 0.50x | 3.01x | $584.10 Million |
Industry Comparison
This section compares Sunbelt Rentals Holdings, Inc.'s net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $3,296,219,062
- Average return on equity (ROE) among peers: -66.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunbelt Rentals Holdings, Inc. (SUNB) | $7.41 Billion | 24.85% | 2.01x | $31.52 Billion |
| AerCap Holdings NV (AER) | $18.32 Billion | 20.47% | 2.91x | $22.99 Billion |
| Senmiao Technology Ltd (AIHS) | $1.47 Million | -589.08% | 9.62x | $6.15 Million |
| Air Lease Corporation (AL) | $7.53 Billion | 5.68% | 3.29x | $7.24 Billion |
| Alta Equipment Group Inc (ALTG) | $144.86 Million | 0.01% | 0.01x | $208.88 Million |
| TOUAX (ALTOU) | $146.32 Million | 8.85% | 3.15x | $27.84 Million |
| Avis Budget Group Inc (CAR) | $4.48 Billion | 1.24% | 2.32x | $4.84 Billion |
| Custom Truck One Source Inc (CTOS) | $394.02 Million | 1.31% | 0.04x | $2.20 Billion |
| FlexShopper Inc (FPAY) | $6.32 Million | -131.73% | 4.38x | $2.46K |
| FTAI Aviation Ltd. (FTAI) | $1.05 Billion | 0.56% | 1.50x | $21.51 Billion |
| GATX Corporation (GATX) | $881.80 Million | 19.61% | 5.93x | $6.28 Billion |
About Sunbelt Rentals Holdings, Inc.
Sunbelt Rentals Holdings, Inc., together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada. The company operates through North America-General Tool, North America-Specialty, and United Kingdom segments. It provides construction, industrial and general equip… Read more