Sunbelt Rentals Holdings, Inc. (SUNB) Balance Sheet

NYSE: SUNBAssets, liabilities, debt and equity over 5 years.

SUNB balance sheet, FY2026

April 30, 2026 · U.S. dollars

$22.27B assets = $14.86B liabilities + $7.41B equity

What it owns$22.27BCash & ST investments: $29.0M (0.1%)Receivables: $1.81B (8.1%)Receivables $1.81BInventory: $180.0M (0.8%)Other current: $210.0M (0.9%)PP&E: $5.01B (22.5%)PP&E$5.01B · 23%Goodwill & intangibles: $3.81B (17.1%)Goodwill & intangibles$3.81B · 17%Other non-current: $11.21B (50.3%)Other non-current$11.21B · 50%=How it is financed$22.27BCurrent liabilities: $2.48B (11.1%)Current liabilities $2.48BLong-term debt: $7.03B (31.6%)Long-term debt$7.03B · 32%Other LT liabilities: $5.35B (24.0%)Other LT liabilities$5.35B · 24%Shareholders’ equity: $7.41B (33.3%)Shareholders’ equity$7.41B · 33%

Both columns are drawn to the same scale: what SUNB owns equals what it owes plus shareholders’ equity. Hover a block for its value.

SUNB financial health

Current ratio0.90
Tight · current assets cover current liabilities 0.90×
Debt / equity1.37
Moderate leverage · $1.37 of debt for each $1 of equity
Equity / assets33.3%
Balanced · of assets funded by shareholders
Cash / debt0.3%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles17.1%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

SUNB balance sheet trends, FY2022–FY2026

MetricTrendThenLatestChange
Total assets$15.29BFY2022$22.27BFY2026+9.9%/yr
Total liabilities$10.26BFY2022$14.86BFY2026+9.7%/yr
Shareholders’ equity$5.03BFY2022$7.41BFY2026+10.1%/yr
Cash & short-term investments$15.3MFY2022$29.0MFY2026+17.3%/yr
Total debt$7.18BFY2022$10.16BFY2026+9.1%/yr
Net cash (debt)−$7.16BFY2022−$10.13BFY2026−$3.0B
Working capital$106.7MFY2022−$244.0MFY2026−$350.7M
Book value per share$11.21FY2022$17.73FY2026+12.1%/yr
Current ratio1.07FY20220.90FY2026−0.17
Debt / equity1.43FY20221.37FY2026−0.05
Shares outstanding449.2MFY2022418.0MFY2026−1.8%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

SUNB assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

SUNB liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

SUNB debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

SUNB balance sheet

FY2026FY2025FY2024FY2023FY2022
Assets
Cash & short-term investments$29.0M$21.0M$20.8M$29.9M$15.3M
Cash & equivalents$29.0M$21.0M$20.8M$29.9M$15.3M
Receivables$1.81B$1.83B$1.85B$1.66B$1.39B
Inventory$180.0M$147.2M$162.0M$181.3M$168.5M
Other current assets$210.0M$23.1M$13.0M$14.6M$7.2M
Total current assets$2.23B$2.02B$2.05B$1.89B$1.58B
Property, plant & equipment (net)$5.01B$15.75B$15.67B$13.25B$10.76B
Goodwill & intangible assets$3.81B$3.67B$3.70B$3.39B$2.78B
Long-term investments$0$31.5M$57.0M$41.3M$40.0M
Other non-current assets$11.21B$208.7M$176.8M$167.0M$136.0M
Total assets$22.27B$21.69B$21.65B$18.73B$15.29B
Liabilities
Accounts payable$472.0M$302.5M$521.7M$581.6M$399.2M
Short-term debt$837.0M$298.8M$273.8M$233.2M$188.6M
Total current liabilities$2.48B$1.56B$1.81B$1.86B$1.47B
Long-term debt$7.03B$7.50B$8.00B$6.60B$5.18B
Lease obligations$2.86B$2.85B$2.68B$2.39B$2.00B
Other long-term liabilities$5.35B$4.96B$4.76B$4.27B$3.60B
Total liabilities$14.86B$14.02B$14.57B$12.72B$10.26B
Shareholders' equity
Common stock & paid-in capital$4.0M$81.8M$81.8M$81.8M$81.8M
Retained earnings (deficit)$7.65B$8.97B$8.10B$6.93B$5.68B
Accumulated other comprehensive income−$186.0M————
Total shareholders' equity$7.41B$7.67B$7.08B$6.01B$5.03B
Key figures
Total debt$10.16B$10.35B$10.68B$8.99B$7.18B
Net cash (debt)−$10.13B−$10.33B−$10.65B−$8.96B−$7.16B
Working capital−$244.0M$459.1M$236.7M$27.2M$106.7M
Tangible book value$3.60B$3.99B$3.39B$2.62B$2.26B
Book value per share$17.73$17.55$16.13$13.46$11.21
Shares outstanding418.0M437.0M439.3M446.5M449.2M
Current ratio0.901.291.131.011.07
Quick ratio0.741.181.030.910.95
Debt / equity1.371.351.511.501.43
Equity / assets33.3%35.4%32.7%32.1%32.9%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed June 23, 2026); data from EODHD.

SUNB financial position

At the end of fiscal 2026 (April 30, 2026), Sunbelt Rentals had total assets of $22.3 billion (up 2.7% from a year earlier), total liabilities of $14.9 billion and shareholders' equity of $7.4 billion. It held $29.0 million in cash and short-term investments against $10.2 billion of debt, net debt of $10.1 billion. Its current ratio was 0.90. In the latest quarter (ended July 31, 2026) total assets were $23.6 billion and equity $7.4 billion.

Related: SUNB income statement, SUNB cash flow statement, SUNB key metrics. See the SUNB stock overview for the latest quote and news.

SUNB balance sheet FAQ

What are Sunbelt Rentals's total assets?

Sunbelt Rentals reported total assets of $22.3 billion at the end of fiscal 2026 (April 30, 2026), compared with $21.7 billion a year earlier.

How much debt does Sunbelt Rentals have?

Sunbelt Rentals had $10.2 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.37.

How much cash does Sunbelt Rentals have?

Sunbelt Rentals held $29.0 million in cash and short-term investments at the end of fiscal 2026; with $10.2 billion of debt that is net debt of $10.1 billion.

What is Sunbelt Rentals's book value?

Sunbelt Rentals's shareholders' equity (book value) was $7.4 billion at the end of fiscal 2026, or $17.73 per share.

What is Sunbelt Rentals's current ratio?

Sunbelt Rentals had current assets of $2.2 billion and current liabilities of $2.5 billion, a current ratio of 0.90 (current liabilities exceed current assets).

How much goodwill does Sunbelt Rentals have?

Sunbelt Rentals carried $3.8 billion of goodwill and intangible assets, 17.1% of total assets, at the end of fiscal 2026.

Rental & Leasing Services: balance sheet