Share Prices & Company Research

Stockbroking

Ashtead Group

Current Price 5432.00p Bid 5430.00p Ask 5434.00p Change -1.50%
Last Updated: 15/06/2024 23:17. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

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 30/04/2023

Revenue
£8,698.20m
Operating Profit/Loss
£2,522.00m
Dividend yield (%)
1.50
Total dividend for year
$n/a
Dividend cover
4.57
P/E Ratio
15.00

Key Personnel

Mr Brendan Horgan
Chief Executive Officer
Mr Michael Pratt
Group Finance Director
Mr Lindsley Ruth
Independent Non-Executive 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
£27,340.64m

Analyst Views (4)

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
5,432.00p
Bid Price
5,430.00p
Ask Price
5,434.00p
Volume
295,782
Change Today
-83.00p
% Change Today
-1.50%
Open
5,506.00p
Previous Close
5,432.00p
Intraday High
5,530.00p
Intraday Low
5,402.00p
52 Week High
6,062.00p
52 Week Low
4,658.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
30 Apr 2023
30 Apr 2022
 
$ (M)
$ (M)
Continuing Operations
Revenue
8,698.20
7,234.70
Operating Profit/Loss
2,522.00
1,947.80
Net Interest
-366.20
-279.70
Pre-Tax Profit
2,155.80
1,668.10
Profit After Tax from continuing operations
1,617.70
1,251.10
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
1,617.70
1,251.10
Attributable to:
Equity Holders of Parent Company
1,617.70
1,251.10
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 2023
30 Apr 2022
Basic
368.40c
280.90c
Diluted
366.10c
279.70c
Adjusted
388.50c
307.10c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
30 Apr 2023
30 Apr 2022
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
13,247.10
10,757.40
Intangible Assets
3,388.90
2,775.30
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
208.30
176.00
Current Assets
Inventories
181.30
168.50
Trade & Other Receivables
1,659.20
1,390.40
Cash at Bank & In Hand
29.90
15.30
Current Asset Investments
n/a
n/a
Other Current Assets
14.60
7.20
Other Assets
n/a
n/a
Total Assets
18,729.30
15,290.10

Liabilities

Year End Date
30 Apr 2023
30 Apr 2022
 
$ (M)
$ (M)
Current Liabilities
Borrowings
233.20
188.60
Other Current Liabilities
1,624.60
1,286.10
Total Current Liabilities
1,857.80
1,474.70
Non-Current Liabilities
Borrowings
8,756.20
6,986.70
Provisions
2,071.20
1,763.40
Other Non-Current Liabilities
36.10
31.60
Total Non-Current Liabilities
10,863.50
8,781.70
Other Liabilities
n/a
n/a
Total Liabilities
12,721.30
10,256.40

Net Assets

Year End Date
30 Apr 2023
30 Apr 2022
 
$ (M)
$ (M)
Net Assets
6,008.00
5,033.70

Capital & Reserves

Year End Date
30 Apr 2023
30 Apr 2022
 
$ (M)
$ (M)
Share Capital
81.80
81.80
Share Premium Account
6.50
6.50
Other Reserves
-1,005.60
-731.70
Retained Earnings
6,925.30
5,677.10
Shareholders Funds
6,008.00
5,033.70
Minority Interests/Other Equity
n/a
n/a
Total Equity
6,008.00
5,033.70

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
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 2023
30 Apr 2022
Dividend growth
6.25%
37.93%
Dividend yield
1.50%
1.50%
Dividend cover
4.57
3.84


Cboe Global Markets® is a registered trade mark of Cboe Global Markets, Inc., a company incorporated in the United States of America with registered address at 400 South LaSalle Street, Chicago, IL 60605, USA. Cboe shall own any and all rights including without limitation Intellectual Property rights and any and all goodwill arising directly or indirectly out of the Recipient’s use of the “Cboe Global Markets®”, “Cboe®” and “Bats®”” trademarks. Neither Cboe nor its licensors accept any liability for any errors or omissions in the Cboe Europe Indices or underlying data. No further distribution of Cboe Europe data is permitted without Cboe’s express written consent.

The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.