Ashtead Group plc

Company Description

Ashtead Group PLC is an international equipment rental company. Operating under the trading name Sunbelt Rentals through more than 840 stores across the United States, 70 in Canada, and 180 stores across the United Kingdom, it offers a wide range of construction and industrial equipment for rent.

Detailed Description

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It offers range of products and services, such as general tools, air compressors and accessories, compaction and earth moving, climate control services, power and HVAC, pump solutions, remediation and restoration, flooring solutions, and lighting and grip. The company also provides power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services. It offers its products and services for facilities maintenance and municipalities, such as office complexes, apartment complexes, government, hospitals, data centers, parks and recreation departments, schools and universities, shopping centers, pavement/kerb repairs, and golf course maintenance; construction of airports, highways and bridges, office buildings, data centers, schools and universities, shopping centers, residential, and remodeling; emergency response for fire, hurricanes, flooding, tornadoes, winter, storms, residential emergencies, covid-19, alternative care facilities, points of distribution, and mobile testing facilities; and entertainment and special events, including national events, concerts, sporting events, film/TV production, theme parks, festivals farmers' markets, local 5k runs, and cycle races. The company operates 861 stores in the United States, 77 stores in Canada, and 188 stores in the United Kingdom under the Sunbelt Rentals brand. Ashtead Group plc was founded in 1947 and is based in London, the United Kingdom.

Key People

Paul Walker (chair­person)  Brendan Horgan (CEO)

Financials

Revenue: £4,472.6 million (2021)

Operating income: £1,196.8 million (2021)

Net income: £697.4 million (2021)