Ashtead Group plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Brendan Christopher Horgan
- Full Time Employees
- 25,164
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- Address
- 100 Cheapside London United Kingdom EC2V 6DT
- IPO Date
- Mar 14, 2012
- Website
- ashtead-group.com
- Similar Companies
- Business
- Ashtead Group plc is an international equipment rental company providing a broad range of construction and industrial equipment and services. It operates primarily through its Sunbelt Rentals business unit in North America and A-Plant in the UK, offering equipment such as pumps, power generation, heating and cooling systems, scaffolding, traffic management, temporary flooring, trench shoring, lifting equipment, and related services. The company also operates Ashtead Technology, a specialist provider of subsea equipment rental and advanced technology solutions for offshore energy, including survey and robotics, mechanical solutions, and asset integrity services. Founded in 1947 and headquartered in London, Ashtead Group serves a diverse customer base across construction, industrial, and offshore energy sectors mainly in the US, UK, and Canada. Its rental fleet spans from small hand-held tools to large-scale construction machinery distributed through a national network with extensive greenfield expansion and bolt-on acquisitions in North America to drive growth and market penetration. In the latest developments, Ashtead continues to advance its Sunbelt 4.0 strategic plan, adding 61 new locations in North America in 2024/25, including 48 greenfield sites and 13 from acquisitions. The group has also launched a $1.5 billion share buyback program. Ashtead Technology has successfully integrated recent acquisitions such as Seatronics and J2 Subsea, achieving quicker-than-expected operational synergies and delivering double-digit sales growth. The company focuses on leveraging its scale, broad customer base, operational excellence, and technology to sustain margin improvement and customer satisfaction while expanding its service and equipment offerings.
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