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Ashtead Group

Current Price 5062.00p Bid 5062.00p Ask 5064.00p Change 1.57%
Last Updated: 06/02/2025 12:53. Prices delayed by at least 15 minutes.
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Company Overview

Ashtead Group plc is a United Kingdom-based international equipment rental company. The Company rents a range of construction and industrial equipment across a variety of applications to a diverse customer base. The Company operates mainly in the United States, Canada, and the United Kingdom, under the brand name Sunbelt Rentals. The Company's Sunbelt US is a United States-based construction and industrial equipment rental division with approximately 1,056 stores. It rents a range of equipment from a network of stores clustered in various metropolitan areas, from Washington D.C., and Baltimore on the Atlantic Coast through Miami, Tampa, and Orlando in Florida to Los Angeles and Seattle on the West Coast.

Financial Highlights Year Ended 30/04/2024

Revenue
£9,630.20m
Operating Profit/Loss
£2,654.00m
Dividend yield (%)
1.40
Total dividend for year
$n/a
Dividend cover
3.68
P/E Ratio
18.80

Key Personnel

Mr Brendan Horgan
Chief Executive Officer
Mr Michael Pratt
Group Finance Director
Mrs Jill Easterbrook
Independent Non-Executive Director
Ms Lucinda Riches
Independent Non-Executive Director
Ms Tanya Fratto
Independent Non-Executive Director
Mr Paul Walker
Non-Executive Chairman
MR ROY TWITE
Non-Executive Director
Ms Renata Ribeiro
Non-Executive Director
Mr Angus Cockburn
Senior Independent Non-Executive Director

Stock Details

EPIC
AHTL
ISIN
GB0000536739
Shares in Issue
503.33m
Market cap
£25,478.34m

Analyst Views (3)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
5,062.00p
Bid Price
5,062.00p
Ask Price
5,064.00p
Volume
82,275
Change Today
78.00p
% Change Today
1.57%
Open
5,018.00p
Previous Close
4,984.00p
Intraday High
5,068.00p
Intraday Low
4,989.00p
52 Week High
6,410.00p
52 Week Low
4,864.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Berenberg slightly raises target price on Quilter 24/01/2025 14:12:35 London close: Stocks slip as BoE holds rates steady 19/12/2024 17:07:03 London close: Stocks firmer ahead of Fed decision 18/12/2024 16:33:03 London close: Stocks mixed as US inflation ticks higher 11/12/2024 15:04:40 London close: Stocks finish lower as Ashtead announces US move 10/12/2024 16:03:29 Ashtead warns on profits, unveils plans to move listing to NYSE 10/12/2024 07:22:54 Deutsche Bank downgrades Ashtead to 'hold' 09/12/2024 13:03:08 London close: Stocks higher amid Korean political turmoil 03/12/2024 16:30:18 RBC Capital upgrades Ashtead to 'outperform', hikes price target 03/12/2024 07:27:22 Shares in Ashtead rally on Trump victory 06/11/2024 11:22:19 Ashtead to implement new remuneration policy 19/09/2024 10:46:06 Broker tips: Ashtead, JTC 19/09/2024 09:36:32 Berenberg starts coverage of Ashtead at 'buy', shares jump 19/09/2024 07:34:48 London close: Stocks slip as investors digest UK, US data 03/09/2024 15:51:06 Ashtead confident despite mixed first quarter 03/09/2024 07:15:48 Tuesday preview: US factory sector, Ashtead in the spotlight 02/09/2024 15:22:32 London close: Stocks claw back losses but still finish lower 08/08/2024 14:57:26 London close: Stocks manage a positive finish 18/06/2024 16:33:18 Ashtead narrowly misses profit forecasts as Q4 growth slows 18/06/2024 07:28:48 Tuesday preview: US retail sales, Reserve Bank of Australia in focus 17/06/2024 11:37:48 Sunday newspaper round-up: Tax increases, Ashtead, Stamp duty 09/06/2024 12:19:21 JPMorgan places Ashtead on 'positive catalyst watch' ahead of CMD 25/03/2024 09:57:33 Ashtead paints cautious full-year outlook after Q3 slowdown 05/03/2024 07:01:22

Income Statement

Year End Date
30 Apr 2024
30 Apr 2023
 
$ (M)
$ (M)
Continuing Operations
Revenue
9,630.20
8,698.20
Operating Profit/Loss
2,654.00
2,522.00
Net Interest
-544.50
-366.20
Pre-Tax Profit
2,109.50
2,155.80
Profit After Tax from continuing operations
1,598.40
1,617.70
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
1,598.40
1,617.70
Attributable to:
Equity Holders of Parent Company
1,598.40
1,617.70
Minority Interests
n/a
n/a
Total Dividend Paid
$n/a
$n/a
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
30 Apr 2024
30 Apr 2023
Basic
365.80c
368.40c
Diluted
363.70c
366.10c
Adjusted
386.50c
388.50c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
30 Apr 2024
30 Apr 2023
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
15,674.10
13,247.10
Intangible Assets
3,697.40
3,388.90
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
233.80
208.30
Current Assets
Inventories
162.00
181.30
Trade & Other Receivables
1,850.20
1,659.20
Cash at Bank & In Hand
20.80
29.90
Current Asset Investments
n/a
n/a
Other Current Assets
13.00
14.60
Other Assets
n/a
n/a
Total Assets
21,651.30
18,729.30

Liabilities

Year End Date
30 Apr 2024
30 Apr 2023
 
$ (M)
$ (M)
Current Liabilities
Borrowings
273.80
233.20
Other Current Liabilities
1,535.50
1,624.60
Total Current Liabilities
1,809.30
1,857.80
Non-Current Liabilities
Borrowings
10,401.90
8,756.20
Provisions
2,299.60
2,063.20
Other Non-Current Liabilities
55.90
44.10
Total Non-Current Liabilities
12,757.40
10,863.50
Other Liabilities
n/a
n/a
Total Liabilities
14,566.70
12,721.30

Net Assets

Year End Date
30 Apr 2024
30 Apr 2023
 
$ (M)
$ (M)
Net Assets
7,084.60
6,008.00

Capital & Reserves

Year End Date
30 Apr 2024
30 Apr 2023
 
$ (M)
$ (M)
Share Capital
81.80
81.80
Share Premium Account
6.50
6.50
Other Reserves
-1,105.70
-1,005.60
Retained Earnings
8,102.00
6,925.30
Shareholders Funds
7,084.60
6,008.00
Minority Interests/Other Equity
n/a
n/a
Total Equity
7,084.60
6,008.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
09 Jan 2025
07 Feb 2025
36.00¢
Final
08 Aug 2024
10 Sep 2024
89.25¢
Interim
11 Jan 2024
08 Feb 2024
15.75¢
Final
10 Aug 2023
12 Sep 2023
85.00¢
Interim
12 Jan 2023
09 Feb 2023
15.00¢
Final
11 Aug 2022
09 Sep 2022
67.50¢
Interim
13 Jan 2022
10 Feb 2022
12.50¢
Final
19 Aug 2021
21 Sep 2021
35.00p
Interim
14 Jan 2021
03 Feb 2021
7.15p
Final
13 Aug 2020
11 Sep 2020
33.50p
Interim
16 Jan 2020
05 Feb 2020
7.15p
Final
15 Aug 2019
13 Sep 2019
33.50p
Interim
17 Jan 2019
06 Feb 2019
6.50p
Final
16 Aug 2018
14 Sep 2018
27.50p
Interim
18 Jan 2018
07 Feb 2018
5.50p
Final
17 Aug 2017
15 Sep 2017
22.75p
Interim
19 Jan 2017
08 Feb 2017
4.75p
Final
11 Aug 2016
09 Sep 2016
18.50p
Interim
14 Jan 2016
03 Feb 2016
4.00p
Final
19 Aug 2009
11 Sep 2009
1.675p
Final
19 Aug 2009
11 Sep 2009
1.675p

Dividend Metrics

Year End Date
30 Apr 2024
30 Apr 2023
Dividend growth
5.00%
25.00%
Dividend yield
1.40%
1.80%
Dividend cover
3.68
3.88


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