Morningstar
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Mar 26, 2026
Sunbelt Rentals Holdings, Inc.: Sunbelt Rentals Earnings: Improving Outlook, but Margins Still Underwhelming
Summary
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $15 billion across a network of 1,200 stores in the US, nearly CAD
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