Sunbelt Rentals HoldingsASHGY +1.17%49 Interest Coverage is 4.27 as of Apr. 2026, which is 34% below its 10-year median of 6.46. GuruFocus rates ASHGY with a GF Score™ of 49/100. The stock has 4 warning signs investors should review. Among 812 Business Services companies, Sunbelt Rentals Holdings ranks worse than 68.72% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Sunbelt Rentals Holdings's
Operating Income
for the
three
months ended in Apr. 2026 was $410 Mil. Sunbelt Rentals Holdings's Interest Expense for the
three
months ended in Apr. 2026 was $-96 Mil.
Sunbelt Rentals Holdings's interest coverage for the quarter that ended in Apr. 2026 was 4.27.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Sunbelt Rentals Holdings's Interest Coverage or its related term are showing as below:
ASHGY'
s Interest Coverage Range Over the Past 10 Years
Min: 4.62 Med: 6.46 Max: 9.14
Current: 4.94
ASHGY's Interest Coverage is ranked worse than 68.72% of 812
companies
in the Business Services industry
Industry Median: 12.98
vs ASHGY: 4.94
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Sunbelt Rentals Holdings Interest Coverage Related Terms
Sunbelt Rentals Holdings Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
ASHGY vs AER, UHAL, R: Interest Coverage Comparison
For the Rental & Leasing Services subindustry, Sunbelt Rentals Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Business Services Industry
For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Sunbelt Rentals Holdings's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Sunbelt Rentals Holdings (ASHGY) has a Interest Coverage of 4.27 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sunbelt Rentals Holdings and its competitors. This is 34% below median its historical median of 6.46. Over the past decade, Sunbelt Rentals Holdings' Interest Coverage has ranged from 4.62 to 9.14. According to the industry distribution chart, Sunbelt Rentals Holdings ranks #558 out of 812 companies in the Business Services industry, placing it in the top 68.7%.
Is Sunbelt Rentals Holdings' Interest Coverage too high?
Sunbelt Rentals Holdings' current Interest Coverage of 4.27 is 34% below median its 10-year median of 6.46. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 9.14. The Business Services industry median Interest Coverage is 12.98. Sunbelt Rentals Holdings' value of 4.27 is 67.1% below this industry median. Based on the distribution chart, Sunbelt Rentals Holdings ranks #558 out of 812 companies in the Business Services industry, which is below the industry midpoint. Overall, Sunbelt Rentals Holdings has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Sunbelt Rentals Holdings' Interest Coverage compare to AER and UHAL?
According to the Business Services industry distribution chart, Sunbelt Rentals Holdings ranks #558 out of 812 companies for Interest Coverage. This places Sunbelt Rentals Holdings in the lower half of its industry. The industry median Interest Coverage is 12.98. Sunbelt Rentals Holdings' value of 4.27 is 67.1% below this benchmark. Historically, Sunbelt Rentals Holdings' own Interest Coverage has ranged from 4.62 to 9.14 over the past decade. While the company's 10-year median is 6.46 vs. the industry median of 12.98, 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 Interest Coverage for a Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunbelt Rentals Holdings's current Interest Coverage of 4.27 is 67.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current Interest Coverage is 4.27, which is 34% below median its own 10-year median of 6.46. 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 Interest Coverage of 4.27. The current Interest Coverage is 4.27, which is 34% below median its 10-year median of 6.46 and 67.1% below the Business Services industry median of 12.98. Sunbelt Rentals Holdings' overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Sunbelt Rentals Holdings (ASHGY), the current Interest Coverage is 4.27 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.
49GF Score
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