Ashtead Group (LSE:AHT) 3-Year Revenue Growth Rate : 16.60% (As of Jan. 2024)

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What is Ashtead Group 3-Year Revenue Growth Rate?

Ashtead Group's Revenue per Share for the three months ended in Jan. 2024 was £4.76.

During the past 12 months, Ashtead Group's average Revenue per Share Growth Rate was 11.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 16.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 17.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 19.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Ashtead Group was 38.80% per year. The lowest was -4.70% per year. And the median was 17.20% per year.

Competitive Comparison of Ashtead Group's 3-Year Revenue Growth Rate

For the Rental & Leasing Services subindustry, Ashtead Group's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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.

Ashtead Group's 3-Year Revenue Growth Rate Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashtead Group's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Ashtead Group's 3-Year Revenue Growth Rate falls into.

Ashtead Group 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Ashtead Group (LSE:AHT) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Ashtead Group 3-Year Revenue Growth Rate Related Terms

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Ashtead Group (LSE:AHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashtead Group PLC (LSE:AHT) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

ASHTY:USA ASHTF:USA AHTl:UK 0LC:Germany

Address

100 Cheapside, London, GBR, EC2V 6DT

Website

https://www.ashtead-group.com

Ashtead is an equipment rental business with operations in the U.S., Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the U.S. where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.