Ashtead Group PLC

Chart & Performance

D1W1MN

P/E

68.96

P/S

10.15

EPS

3.66

Div Yield, %

0.40%

Shrs. gr., 5y

-1.82%

Rev. gr., 5y

19.52%

Revenues

10.86b

+12.32%

Net income

1.60b

-1.19%

CFO

855m

-14.55%

Dividend

Aug 09, 20243.57 USD/sh

Profile

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services. The company offers its products and services for facilities maintenance and municipalities, such as office complexes, apartment complexes, government, hospitals, data centers, parks and recreation departments, schools and universities, shopping centers, pavement/kerb repairs, and golf course maintenance; construction of airports, highways and bridges, office buildings, data centers, schools and universities, shopping centers, residential, remodeling, manufacturing plants, and green energy plants; emergency response for fire, hurricanes, flooding, tornadoes, winter, storms, residential and health emergencies, alternative care facilities, points of distribution, and mobile testing facilities; and entertainment and special events, including national events, concerts, sporting events, film and telvision production, theme parks, festivals farmers' markets, local 5k runs, and cycle races. It operates 967 stores in the United States, 89 stores in Canada, and 177 stores in the United Kingdom under the Sunbelt Rentals brand. The company was founded in 1947 and is headquartered in London, the United Kingdom.

URL

https://www.ashtead-group.com/

IPO date

Dec 31, 1986

Employees

25,982

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑04	2023‑04	2022‑04	2021‑04	2020‑04	2019‑04	2018‑04	2017‑04	2016‑04	2015‑04
Income
Revenues	10,858,700 12.32%	9,667,300 21.41%	7,962,300 57.84%
Cost of revenue	1,205,800	1,109,100	941,800
Unusual Expense (Income)
NOPBT	9,652,900	8,558,200	7,020,500
NOPBT Margin	88.90%	88.53%	88.17%
Operating Taxes	511,100	538,100	417,000
Tax Rate	5.29%	6.29%	5.94%
NOPAT	9,141,800	8,020,100	6,603,500
Net income	1,598,400 -1.19%	1,617,700 29.30%	1,251,100 89.17%
Dividends	(436,100)	(298,192)	(198,254)
Dividend yield	1.70%	1.47%	1.06%
Proceeds from repurchase of equity	(108,300)	(276,900)	(433,400)
BB yield	0.42%	1.37%	2.32%
Debt
Debt current	273,800	233,200	188,600
Long-term debt	13,082,500	11,150,500	8,981,900
Deferred revenue		75,900	68,000
Other long-term liabilities	131,300	36,100	31,600
Net debt	13,278,200	11,320,938	9,123,388
Cash flow
Cash from operating activities	854,600	1,000,100	1,499,000
CAPEX	(685,275)	(510,000)	(398,400)
Cash from investing activities	(1,526,800)	(1,594,200)	(1,691,000)
Cash from financing activities	663,200	609,300	181,500
FCF	7,331,505	5,756,222	2,011,397
Balance
Cash	20,800	29,900	15,300
Long term investments	57,300	32,862	31,812
Excess cash
Stockholders' equity	8,183,800	7,007,100	5,758,900
Invested Capital	17,891,600	16,033,860	12,288,400
ROIC	53.89%	56.63%	66.54%
ROCE	47.99%	47.47%	50.20%
EV
Common stock shares outstanding	439,500	441,900	447,200
Price	58.42 27.64%	45.77 9.52%	41.79 -10.15%
Market cap	25,675,590 26.94%	20,225,763 8.23%	18,688,488 -10.57%
EV	38,953,790	31,726,429	27,976,512
EBITDA	11,891,500	10,448,000	8,682,100
EV/EBITDA	3.28	3.04	3.22
Interest	537,600	361,600	272,900
Interest/NOPBT	5.57%	4.23%	3.89%