Ashtead Group plc (ASHTY) Stock

About Ashtead Group plc

Ashtead Group plc, also known by its symbol ASHTY, operates as a prominent equipment rental company, supplying gear for various construction, industrial, and general-use requirements across the United States, the United Kingdom, and Canada. Their extensive inventory encompasses specialized equipment such as pumps, power generators, climate control systems (heating and cooling), scaffolding, traffic management solutions, temporary ground protection, trench shoring, and lifting apparatus. The company caters to a diverse range of clients and applications. These include: Facilities management and public sector entities: servicing office and apartment complexes, governmental bodies, hospitals, data centers, parks, educational institutions, shopping centers, as well as handling pavement repairs and golf course maintenance. Construction projects: supporting the development of airports, highways, bridges, various commercial and residential buildings, manufacturing facilities, and green energy plants. Emergency response efforts: providing crucial resources for natural disasters like fires, hurricanes, floods, tornadoes, winter storms, and health-related emergencies, including setting up alternative care facilities, distribution points, and mobile testing sites. Entertainment and special events: supplying equipment for national celebrations, concerts, sporting events, film and television productions, theme parks, festivals, farmers' markets, local races, and more. Operating primarily under its Sunbelt Rentals brand, Ashtead maintains a significant global footprint with 967 branches in the United States, 89 in Canada, and 177 spread across the United Kingdom. Established in 1947, Ashtead Group plc's corporate headquarters are situated in London, United Kingdom.

Ashtead Group plc is headquartered in GB.

Ashtead Group plc (ASHTY) stock trades at $71.80 with a market capitalization of $30.90B. The stock is valued at a price-to-earnings (P/E) ratio of 8.31, price-to-book of 1.02, price-to-sales of 2.85. Over the past 52 weeks the stock has ranged between $70.20 and $310.30, and currently trades 76.9% below its 52-week high. It pays a dividend yielding 1.04%.

On profitability, Ashtead Group plc generates a return on equity (ROE) of 18.69%, above the typical market average, return on capital employed of 11.97%, an operating margin of 22.27%, a net profit margin of 13.09%.

In its most recent fiscal year, Ashtead Group plc reported annual revenue of $10.8B, net profit of $1.5B, revenue has compounded at 16.4% a year over the last five years, profit at 15.1% a year.

The balance sheet shows a debt-to-equity ratio of 1.43, a current ratio of 1.28, total assets of $21.7B, $21.0M in cash and equivalents.

ASHTY has an average daily trading volume of 24,947 shares, a beta of 1.18.

Official website: www.ashtead-group.com