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Ashtead Group plc (AHT.L)
Key financial summary
Financials in GBP| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | £m | 5,041 | 5,044 | 6,361 | 8,054 | 8,643 | 8,122 | 8,356 |
| Operating profit | £m | 1,925 | 1,937 | |||||
| Net profit | £m | 738 | 697 | 999 | 1,295 | 1,272 | 1,137 | 1,085 |
| EPS reported | £ | 2.61 | 2.53 | |||||
| Operating cashflow per share | £ | 3.76 | 3.69 | |||||
| Capex per share | £ | 0.79 | 0.45 | |||||
| FCF per share | £ | 2.97 | 3.23 | |||||
| Free cash flow | £m | 1,293 | 1,712 | |||||
| Net debt | £m | 5,629 | 5,821 | |||||
| Book value equity | £m | 5,771 | 5,644 | |||||
| Book value per share | £ | 13.25 | 13.32 | |||||
| Number of shares | m | 435.7 | 423.6 | |||||
| DPS (TTM paid) | £ | 0.81 | 0.28 |
Financial summary
Financials in GBP| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 15.29 | 21.23 | |||||
| P/B LTM | x | 3.01 | 3.90 | |||||
| P/S LTM | x | 2.14 | 2.64 | |||||
| P/FCF LTM | x | 13.42 | 12.87 | |||||
| EV/EBITDA LTM | x | 6.68 | 7.37 | |||||
| EV/Sales LTM | x | 3.09 | 3.33 | |||||
| Earnings Yield LTM | % | 6.54% | 4.71% | |||||
| FCF Yield | % | 7.45% | 7.77% | |||||
| Quality | ||||||||
| ROE | % | 19.70% | 15.82% | |||||
| ROIC | % | 9.33% | 7.09% | |||||
| Operating margin | % | 23.70% | 23.77% | |||||
| Gross margin | % | 88.02% | 87.48% | |||||
| FCF/Sales | % | 15.92% | 21.84% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -10.00% | -13.36% | |||||
| Sales Growth YoY | % | -6.02% | -13.88% | |||||
| Net Income Growth YoY | % | -10.64% | -10.34% | |||||
| FCF Growth | % | +861.46% | +133.17% | |||||
| Operating Profit Growth | % | -8.89% | -15.92% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 2.36% | 0.51% | |||||
| Dividend Growth | % | -16.29% | - | |||||
| Payout Ratio | % | 36.02% | 26.98% | |||||
| FCF/Debt | x | 0.17 | 0.21 | |||||
| Net Debt/EBITDA | x | 2.07 | 2.84 | |||||
| EBIT/Net interest | x | 4.41 | 5.90 | |||||
| Net debt/market cap | % | 32.44% | 26.43% | |||||
| Net debt/Equity | x | 0.98 | 1.03 | |||||
| Gross debt/equity | x | 1.35 | 1.43 | |||||
Company overview
Ashtead Group plc operates as a leading international equipment rental provider, servicing the construction, industrial, and general sectors across the United States, the United Kingdom, and Canada. The company offers a comprehensive inventory of machinery and specialized services, including power generation units, climate control systems (heating and cooling), various pumps, scaffolding, traffic management solutions, temporary flooring, trench shoring, and lifting apparatus. Ashtead caters to a diverse client base: Facilities maintenance and municipalities: Supporting complexes such as offices, apartments, government buildings, hospitals, data centers, and schools, as well as municipal services like park upkeep and pavement repairs. Construction projects: Supplying vital equipment for large-scale infrastructure (airports, highways, bridges), commercial and residential developments, manufacturing plants, and green energy facilities. Emergency response: Providing critical resources during crises such as fires, hurricanes, floods, and health emergencies, including support for alternative care facilities and mobile testing sites. Entertainment and special events: Equipping everything from major national events, concerts, and sporting competitions to film productions, theme parks, festivals, and local races. Operating primarily under the Sunbelt Rentals brand, Ashtead maintains an extensive network of 967 branches in the U.S., 89 in Canada, and 177 in the U.K. Established in 1947, the company's headquarters are located in London, UK.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Ashtead Group plc (AHT.L)
Ashtead Group plc operates as a leading international equipment rental provider, servicing the construction, industrial, and general sectors across the United States, the United Kingdom, and Canada. The company offers a comprehensive inventory of machinery and specialized services, including power generation units, climate control systems (heating and cooling), various pumps, scaffolding, traffic management solutions, temporary flooring, trench shoring, and lifting apparatus. Ashtead caters to a diverse client base: Facilities maintenance and municipalities: Supporting complexes such as offices, apartments, government buildings, hospitals, data centers, and schools, as well as municipal services like park upkeep and pavement repairs. Construction projects: Supplying vital equipment for large-scale infrastructure (airports, highways, bridges), commercial and residential developments, manufacturing plants, and green energy facilities. Emergency response: Providing critical resources during crises such as fires, hurricanes, floods, and health emergencies, including support for alternative care facilities and mobile testing sites. Entertainment and special events: Equipping everything from major national events, concerts, and sporting competitions to film productions, theme parks, festivals, and local races. Operating primarily under the Sunbelt Rentals brand, Ashtead maintains an extensive network of 967 branches in the U.S., 89 in Canada, and 177 in the U.K. Established in 1947, the company's headquarters are located in London, UK.
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