Sunbelt Rentals HoldingsASHGY +1.17%49 ROA % is 4.06% as of Apr. 2026, which is 51% below its 10-year median of 8.32. GuruFocus rates ASHGY with a GF Score™ of 49/100. The stock has 4 warning signs investors should review. Among 1,096 Business Services companies, Sunbelt Rentals Holdings ranks better than 65.97% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sunbelt Rentals Holdings's annualizedNet Income for the quarter that ended in Apr. 2026 was $904 Mil.
Sunbelt Rentals Holdings's average Total Assets over the quarter that ended in Apr. 2026 was $22,291 Mil. Therefore, Sunbelt Rentals Holdings's annualized ROA % for the quarter that ended in Apr. 2026 was 4.06%.
The historical rank and industry rank for Sunbelt Rentals Holdings's ROA % or its related term are showing as below:
ASHGY'
s ROA % Range Over the Past 10 Years
Min: 5.98 Med: 8.32 Max: 15.51
Current: 5.98
During the past 13 years, Sunbelt Rentals Holdings's highest ROA % was 15.51%. The lowest was 5.98%. And the median was 8.32%.
ASHGY's ROA % is ranked better than 65.97% of 1096
companies
in the Business Services industry
Industry Median: 3.455
vs ASHGY: 5.98
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Sunbelt Rentals Holdings's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Sunbelt Rentals Holdings (ASHGY) has a ROA % of 4.06% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Sunbelt Rentals Holdings and its competitors. This is 51% below median its historical median of 8.32. Over the past decade, Sunbelt Rentals Holdings' ROA % has ranged from 5.98 to 15.51. According to the industry distribution chart, Sunbelt Rentals Holdings ranks #373 out of 1096 companies in the Business Services industry, placing it in the top 34%.
Is Sunbelt Rentals Holdings' ROA % too high?
Sunbelt Rentals Holdings' current ROA % of 4.06% is 51% below median its 10-year median of 8.32. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 15.51. The Business Services industry median ROA % is 3.46. Sunbelt Rentals Holdings' value of 4.06% is 17.5% above this industry median. Based on the distribution chart, Sunbelt Rentals Holdings ranks #373 out of 1096 companies in the Business Services industry, which is above 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' ROA % compare to AER and UHAL?
According to the Business Services industry distribution chart, Sunbelt Rentals Holdings ranks #373 out of 1096 companies for ROA %. This puts Sunbelt Rentals Holdings in the upper half of its industry. The industry median ROA % is 3.46. Sunbelt Rentals Holdings' value of 4.06% is 17.5% above this benchmark. Historically, Sunbelt Rentals Holdings' own ROA % has ranged from 5.98 to 15.51 over the past decade. While the company's 10-year median is 8.32 vs. the industry median of 3.46, Sunbelt Rentals Holdings has consistently been above 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 ROA % for a Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunbelt Rentals Holdings's current ROA % of 4.06% is 17.5% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current ROA % is 4.06%, which is 51% below median its own 10-year median of 8.32. 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 ROA % of 4.06%. The current ROA % is 4.06%, which is 51% below median its 10-year median of 8.32 and 17.5% above the Business Services industry median of 3.46. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Sunbelt Rentals Holdings (ASHGY), the current ROA % is 4.06% 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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