Recent Updates — SUNB
Sunbelt Rentals Holdings reported record first-quarter fiscal 2027 results for the period ended July 31, 2026. Total revenue increased 11.2% to $3,115 million and net income rose 17.4% to $438 million, with diluted earnings per share increasing 23.0% to $1.07. The company raised its full-year fiscal 2027 guidance, projecting total revenue growth of 6% to 9% (up from 4.5%-7.5%) and adjusted EBITDA of $4.92 billion to $5.12 billion. Additionally, the Board declared a quarterly cash dividend of $0.30 per share, payable on October 2, 2026, to shareholders of record as of September 18, 2026. Sunbelt Rentals is a leading global provider of equipment rental and services.
Sunbelt Rentals Holdings, Inc. completed the issuance and sale of $450,000,000 in 4.950% Senior Notes due 2030 and $750,000,000 in 5.650% Senior Notes due 2036. The 2030 Notes will mature on August 12, 2030, and the 036 Notes will mature on August 12, 2036. Sunbelt Rentals Holdings, Inc. operates in the equipment rental industry and provides rental solutions for construction and other industries.
Sunbelt Rentals Holdings, Inc. announced the pricing of $450,000,000 in 4.950% Senior Notes due 2030 and $750,000,000 in 5.650% Senior Notes due 03/31/2036. The Company intends to use the net proceeds from the Notes Offering to fund general corporate purposes, including debt repayment, refinancing, and capital expenditures. Sunbelt Rentals Holdings, Inc. operates in the equipment rental industry.