Sunbelt Rentals Holdings
SUNB on NYSE. Sunbelt Rentals rents construction equipment to contractors in North America and the United Kingdom. Market value $31.7bn.
Price checks use the past 12 months to July 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to April 2026.
Cash flow or capital spending isn't reported, so free cash flow is unknown.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Technology stocks that passed both tests
This is not advice. Check the numbers below.
We could not compute this from the filings.
You pay 17.9 years of operating profit for the business. The average large US company costs around 18.
The filings do not give us enough to work this out.
Quality score: not known. Price score: 63 of 100. Our list needs 70 on quality and 60 on price.
$78.53 a share, 29% above its 1-year low
Over the past year the price has ranged from $61.03 to $86.68.
Dividend: 1.4% a year
Paid in its latest year
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |
| Revenue | $11.2bn |
| Operating margin | |
| Operating margin | 19.6% |
| Debt to equity | |
| Debt to equity | 1.05 |
| Shares outstanding | |
| Shares outstanding | 0.41bn |
Health checks
- Free cash flow positiveNot enough data
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)Not enough data
- Profit backed by cash (accruals)Not enough data
- Debt1.05× equity
- Revenue growth, five yearsUnknown
- Buying back its own sharesRoughly flat
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 23 June 2026
- Next quarterly (estimated, 10-Q)
- 9 December 2026
Who owns it
19 long-term investors we follow own it, up from 17 last quarter. 494 funds in all.
- Markel GroupTom Gayner
- Value
- $73m
- Share of fund
- 0.6%
- Broad Run Investment ManagementDavid Firestone
- Value
- $51m
- Share of fund
- 7.9%
- Brave Warrior AdvisorsGlenn Greenberg
- Value
- $2m
- Share of fund
- <0.1%
- First Manhattan Co.First Manhattan partners
- Value
- $1m
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Dodge & CoxDodge & Cox investment committee | $4.1bn | 2.1% | Added |
| Harris Associates (Oakmark)Bill Nygren | $783m | 1.0% | Cut |
| AKO CapitalNicolai Tangen (founder) | $454m | 10.6% | Added |
| Gardner Russo & QuinnTom Russo | $441m | 4.9% | Cut |
| Ruane Cunniff & Goldfarb (Sequoia Fund)John Harris | $319m | 5.0% | Cut |
| Cooke & BielerCooke & Bieler partners | $198m | 2.3% | Cut |
| Fiduciary Management (FMI)Pat English | $116m | 1.7% | Cut |
| Dorsey Asset ManagementPat Dorsey | $86m | 5.5% | Cut |
| Aristotle Capital ManagementHoward Gleicher | $83m | 0.2% | Cut |
| Markel GroupTom Gayner | $73m | 0.6% | |
| Broad Run Investment ManagementDavid Firestone | $51m | 7.9% | |
| Giverny CapitalFrançois Rochon | $22m | 0.7% | Cut |
| Cambiar InvestorsBrian Barish | $20m | 0.9% | Cut |
| Lyrical Asset ManagementAndrew Wellington | $13m | 0.2% | Cut |
| Brave Warrior AdvisorsGlenn Greenberg | $2m | <0.1% | |
| First Manhattan Co.First Manhattan partners | $1m | <0.1% | |
| First Eagle Investment ManagementMatthew McLennan | $272,290 | <0.1% | Cut |
| GAMCO InvestorsMario Gabelli | $261,835 | <0.1% | New |
| Semper AugustusChristopher Bloomstran | $207,523 | <0.1% | New |
Largest holders overall
- Dodge & Cox$4.1bnAdded
- Vanguard Capital Management$2.3bnAdded
- Vanguard Portfolio Management$1.5bnAdded
- BlackRock$1.1bnAdded
- Prudential$943mAdded
- Wellington Management Group LLP$807m
- Harris Associates (Oakmark)$783mCut
- Invesco$773mAdded
- Rothschild & Co Wealth Management UK$635m
- Principal Financial Group$591mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
3 investors own more than 5%.
- Dodge & CoxPassive investor12.8%Since 31 March 2026
- Vanguard Capital ManagementPassive investor9.4%+1.8 ptsSince 30 June 2026
- BlackRock, Inc.Passive investor9.0%+3.6 ptsSince 30 June 2026
| Holder | Stake | Since | |
|---|---|---|---|
Dodge & Cox Passive investor | 12.8% | 31 March 2026 | |
Vanguard Capital Management Passive investor | 9.4%+1.8 pts | 30 June 2026 | |
BlackRock, Inc. Passive investor | 9.0%+3.6 pts | 30 June 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $1,863 of shares on the open market. 1 sold $477,518.
- Horgan KyleExecutive VP, SpecialtyBought
- Date
- 1 October 2026
- Shares
- 25
- Price
- $73.30
- Value
- $1,863
- Washburn JohnChief Operating OfficerSold
- Date
- 9 July 2026
- Shares
- 3,351
- Price
- $72.50
- Value
- $242,948
- Washburn JohnChief Operating OfficerSold
- Date
- 8 July 2026
- Shares
- 3,351
- Price
- $70.00
- Value
- $234,570
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 1 October 2026 | Horgan Kyle Executive VP, Specialty | Bought | 25 | $73.30 | $1,863 |
| 9 July 2026 | Washburn John Chief Operating Officer | Sold | 3,351 | $72.50 | $242,948 |
| 8 July 2026 | Washburn John Chief Operating Officer | Sold | 3,351 | $70.00 | $234,570 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.