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
- Jul 2, 2014
- Website
- ashtead-group.com
- Similar Companies
- Business
- Ashtead Group plc Ashtead Group plc operates as an international equipment rental company specializing in construction and industrial equipment, primarily through its Sunbelt Rentals brand with national networks across North America and the United Kingdom. Founded in 1947 and headquartered in London, England, the company rents a comprehensive range of equipment including lifts, power generators, earthmoving machinery, compactors, drills, pumps, heating and ventilation systems, scaffolding, traffic management solutions, temporary flooring, structures, fencing, and trench shoring to a diverse customer base in construction, industrial, infrastructure, and events sectors; it maintains over 1,000 locations in the United States and Canada generating approximately 85% of revenue, alongside 191 stores in the UK, with a fleet exceeding 1,000,000 rental assets and serving more than 900,000 customers. Operations are segmented into North America General Tool with 781 stores for broad equipment rental, North America Specialty with 588 stores for specialized tools, and Sunbelt UK as the largest equipment rental provider in the country; subsidiaries include various UK divisions such as A-Plant for plant and accommodation hire, Leada Acrow for scaffolding, and PSS Hire for power solutions. Recent developments include the addition of 61 new North American locations in fiscal 2024/25 with 48 greenfield sites and 13 from bolt-on acquisitions, ongoing share buyback programs initiated in December 2024, strong financial performance with LTM revenue of $10.8 billion and first-quarter 2025 rental revenue growth, and a proposed primary listing shift from the London Stock Exchange to the United States announced in December 2024 to align with its North American operational focus, leadership, and employee base.
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