Sunbelt Rentals delivers $3.1 billion revenue as business expands

• Sunbelt Rentals reported fiscal first quarter 2027 revenue of $3.12 billion, up 11.2% year over year.
• Net income increased 17.4% to $438 million, while adjusted EBITDA rose 8.7% to $1.32 billion.
• The company increased its full-year fiscal 2027 guidance following strong first-quarter performance.

Sunbelt Rentals Holdings (NYSE:SUNB) reported fiscal first quarter 2027 revenue of $3.12 billion, increasing 11.2% year over year as rental revenue growth continued across its business segments.

Rental revenue increased 12.5% to $2.93 billion, with North America General Tool rental revenue rising 7.4% and North America Specialty rental revenue increasing 25.3%.

Operating income increased 15.9% to $691 million, while adjusted operating profit rose 13.8% to $759 million, with adjusted operating margin expanding 60 basis points to 24.4%.

Sunbelt Rentals reported net income of $438 million, up 17.4% year over year, while earnings per share increased 23% to $1.07 and adjusted EPS increased 20.4% to $1.18.

Sunbelt Rentals provides equipment rental services for construction, industrial, commercial, and infrastructure customers across North America and other markets.