Record Q1, Raised FY2027 Guidance, and a New Quarterly Dividend at Sunbelt Rentals
SUNB sits 17% above its 52-week low of $61.03 on elevated volume (2.2× avg).
Summary
Record Q1 FY2027 results with 11.2% revenue growth and 23% EPS growth, raised full-year guidance, and a first quarterly dividend of $0.30 per share.
Key Events · Earnings and Guidance · SUNB
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Record Q1 Results
Total revenue rose 11.2% to $3,115M, net income increased 17.4% to $438M, and EPS grew 23.0% to $1.07. Adjusted EBITDA rose 8.7% to $1,315M.
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FY2027 Guidance Raised
Total revenue growth outlook raised to 6%-9% (from 4.5%-7.5%), rental revenue growth to 7%-10% (from 5%-8%), and adjusted EBITDA to $4.92B-$5.12B (from $4.85B-$5.05B).
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Quarterly Dividend Initiated
Board declared a quarterly cash dividend of $0.30 per share, payable October 2, 2026 to shareholders of record September 18, 2026, replacing the prior semi-annual UK distribution framework.
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Capital Returns and Balance Sheet
Company repurchased $56M of common stock and paid $307M in dividends during Q1. Net leverage was 1.8x, within the stated 1x-2x target range.
Analysis · SUNB · Trade & Services
A record first quarter saw revenue climb 11.2% to $3.1 billion and EPS jump 23% to $1.07, beating expectations across the board. Management responded by raising full-year revenue growth guidance to 6%-9% and adjusted EBITDA to $4.92-$5.12 billion, signaling confidence in sustained demand. The company also shifted to a quarterly dividend of $0.30 per share, a meaningful capital-return change that reflects strong cash generation. This comes after a challenging fiscal 2026 that saw net income drop 14.7%, making the rebound and guidance raise a notable inflection point.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.8% of the 1864 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SUNB was trading at $71.39 on NYSE in the Trade & Services sector, with a market capitalization of approximately $28.4B. The 52-week trading range was $61.03 to $86.68. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.