Added to YB: 2025-06-30
Pitch date: 2025-06-27
AHT.L [neutral]
Ashtead Group plc
+9.68%
current return
Author Info
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Company Info
Ashtead Group plc, 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.
Market Cap
GBP 26.6B
Pitch Price
GBP 46.85
Price Target
N/A
Dividend
1.70%
EV/EBITDA
7.39
P/E
18.61
EV/Sales
3.40
Sector
Trading Companies and Distributors
Category
growth
Ashtead Group 2025 results.
AHT.L (earnings update): Flat US general tool demand offset by 8% specialty growth. $1.8B FCF, up significantly as capex slows. Diversifying from construction toward specialty rentals. Countercyclical model: less capex in downturns = higher FCF, enables $1.5B buyback (4.7% yield) + 15th annual dividend increase. Moving from LSE to NYSE Q1 2026.
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