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Sunbelt Rentals HoldingsASHGY +1.17%48 Earnings Yield (Joel Greenblatt) % is 5.23% as of Apr. 2026, which is 5% below its 10-year median of 5.52. GuruFocus rates ASHGY with a GF Score™ of 48/100. The stock has 5 warning signs investors should review. Among 1,105 Business Services companies, Sunbelt Rentals Holdings ranks worse than 54.48% on this metric.
Sunbelt Rentals Holdings's Enterprise Value for the quarter that ended in Apr. 2026 was $40,486 Mil.
Sunbelt Rentals Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $2,247 Mil. Sunbelt Rentals Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 5.23%.
The historical rank and industry rank for Sunbelt Rentals Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASHGY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.88 Med: 5.52 Max: 6.41
Current: 5.55
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sunbelt Rentals Holdings was 6.41%. The lowest was 4.88%. And the median was 5.52%.
ASHGY's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.48% of 1105
companies
in the Business Services industry
Industry Median: 6.42
vs ASHGY: 5.55
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Sunbelt Rentals Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 11.92%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Sunbelt Rentals Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Sunbelt Rentals Holdings Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Sunbelt Rentals Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Rental & Leasing Services subindustry, Sunbelt Rentals Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sunbelt Rentals Holdings Earnings Yield (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sunbelt Rentals Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Sunbelt Rentals Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2026 is calculated as
Sunbelt Rentals Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,247 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.23% mean?
Sunbelt Rentals Holdings (ASHGY) has a Earnings Yield (Joel Greenblatt) % of 5.23% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Sunbelt Rentals Holdings and its competitors. This is near median its historical median of 5.52. Over the past decade, Sunbelt Rentals Holdings' Earnings Yield (Joel Greenblatt) % has ranged from 4.88 to 6.41. According to the industry distribution chart, Sunbelt Rentals Holdings ranks #602 out of 1105 companies in the Business Services industry, placing it in the top 54.5%.
Is Sunbelt Rentals Holdings' Earnings Yield (Joel Greenblatt) % too high?
Sunbelt Rentals Holdings' current Earnings Yield (Joel Greenblatt) % of 5.23% is near median its 10-year median of 5.52. Over the past 10 years, this metric has ranged from a low of 4.88 to a high of 6.41. The Business Services industry median Earnings Yield (Joel Greenblatt) % is 6.42. Sunbelt Rentals Holdings' value of 5.23% is 18.5% below this industry median. Based on the distribution chart, Sunbelt Rentals Holdings ranks #602 out of 1105 companies in the Business Services industry, which is below the industry midpoint. Overall, Sunbelt Rentals Holdings has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Sunbelt Rentals Holdings' Earnings Yield (Joel Greenblatt) % compare to AER and UHAL?
According to the Business Services industry distribution chart, Sunbelt Rentals Holdings ranks #602 out of 1105 companies for Earnings Yield (Joel Greenblatt) %. This places Sunbelt Rentals Holdings in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.42. Sunbelt Rentals Holdings' value of 5.23% is 18.5% below this benchmark. Historically, Sunbelt Rentals Holdings' own Earnings Yield (Joel Greenblatt) % has ranged from 4.88 to 6.41 over the past decade. While the company's 10-year median is 5.52 vs. the industry median of 6.42, Sunbelt Rentals Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Business Services company?
The median Earnings Yield (Joel Greenblatt) % among Business Services companies is 6.42, based on 1,105 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunbelt Rentals Holdings's current Earnings Yield (Joel Greenblatt) % of 5.23% is 18.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median Earnings Yield (Joel Greenblatt) % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current Earnings Yield (Joel Greenblatt) % is 5.23%, which is near median its own 10-year median of 5.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunbelt Rentals Holdings stock overvalued right now?
Sunbelt Rentals Holdings (ASHGY) has a current Earnings Yield (Joel Greenblatt) % of 5.23%. The current Earnings Yield (Joel Greenblatt) % is 5.23%, which is near median its 10-year median of 5.52 and 18.5% below the Business Services industry median of 6.42. Sunbelt Rentals Holdings' overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Sunbelt Rentals Holdings (ASHGY), the current Earnings Yield (Joel Greenblatt) % is 5.23% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $15 billion across a network of 1,200 stores in the US, nearly CAD 2 billion of fleet and 135 stores in Canada, and GBP 1.1 billion and 190 stores in the UK. The company has experienced rapid growth over the past decade as its customers increasingly turn to rental versus owning equipment outright. The general tool business has been augmented by the Specialty Rental business, which has grown to 30% of the mix. Revenue is now greater than 50% nonconstruction, with the remainder focused more directly on commercial construction.
48GF Score
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