Manufacturing & ConstructionAug 10, 2026

Ashtead Group plc

Company Profile Analysis

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Ashtead Group plc - Manufacturing & Construction showcase

Year Founded & Workforce

1946-12-31

22,807 Employees

Industry

Manufacturing & Construction

Services

Ashtead Group plc Overview

Company Headquarters: London, United Kingdom

Founded: 1947

Workforce: ~ 22,807

Company Working: Ashtead Group plc is a U.K.-based provider of equipment rental services. The company rents an entire range of industrial and construction equipment to a diverse customer base for numerous applications. It offers rental industrial equipment to clients such as construction firms, government agencies, homeowners, broadcasters, and railroads. Ashtead Group PLC engages in equipment rental services. It offers a full range of construction and industrial equipment used in lift, power, generate, move, dig, compact, drill, support, scrub, pump, direct, heat, and ventilated operations. It operates through the following segments: Sunbelt, A-Plant, and Corporate Items. The company also offers equipment tracking with the help of mobile tracking systems. Ashtead Group plc primarily operates in the U.S., Canada, and U.K. It operates under brands Sunbelt Rentals in North America, which includes 811 stores in 46 states and Canada, and A-Plant in the U.K., which includes 197 stores across England, Scotland, and Wales. The U.S. continues to be the biggest and fastest growing market as it is potentially five times bigger than the U.K. market. The company operates through three business segments: Sunbelt US, Sunbelt UK, and Sunbelt Canada. As of April 2022, the company had 1,233 rental stores, more than 900,000 rental assets and 800,000 customers.

Strategy

Ashtead Group Plc's primary business strategy revolves around the equipment rental market. The company aims to be a leading provider of rental equipment by offering a comprehensive fleet of well-maintained, high-quality machinery and tools to meet the needs of its customers. Ashtead Group Plc has been expanding its presence in key markets, primarily the United States and Canada, through its subsidiary, Sunbelt Rentals. The company focuses on leveraging its expertise and established customer base to drive growth in these regions. In addition to expanding its geographic footprint, Ashtead Group Plc has been diversifying its service offerings. The company provides a wide range of equipment and tools, allowing it to cater to various industries and applications. This diversification strategy helps mitigate risks associated with market fluctuations in specific sectors. Ashtead Group Plc places significant emphasis on understanding its customers' needs and building strong relationships with them. By providing excellent customer service and maintaining long-term partnerships, the company aims to retain existing clients and attract new ones.

Company Snapshot

$6,399M

Revenue

22,807

Employees

1946-12-31

Founded

London, United Kingdom

Headquarters

SWOT Analysis

Strengths

Strong operating performance of the company capitalised by equipment rental from its US and Canadian markets.
The company is one of the leading providers of rental equipment, with robust fleet and support network.
A wide range of end markets provides the company a wide customer base
Strong operating performance of the company capitalised by equipment rental from its US and Canadian markets

Weaknesses

The company’s limited solvency position could affect its ability to borrow and affect its creditworthiness.
Increasing trade receivables carry a risk of turning into bad debts.

Opportunities

The growing demand for rental equipment in North America as well positive outlook of construction sector are expected open new market opportunities for the company.
The strategic acquisition and integration of firms to diversify their product portfolio.
The growing demand for rental equipment in North America as well positive outlook of construction sector are expected open new market opportunities for the company

Threats

The changing environment and waste management regulations could have a major impact on the company’s business.
Unfavourable changes in foreign currency exchange rates will effect the company’s revenues.

Key Developments

Date	Approach	Development
June 2020	Expansion	A-Plant rebranded as Sunbelt Rentals and has launched its rental services in the UK and Ireland.
February 2020	Partnership	Sunbelt Rentals was awarded five-year contract by Story Contracting of worth GBP 1.5 million per annum
October 2019	Investment	Sunbelt Rentals invested more than GBP 350 million to acquire JCB 19C-1E mini excavators, electric excavators as a part of its commitment to integrate low and zero carbon equipment
December 2018	Investment	Sunbelt Rentals made an investment of GBP 900 thousand to acquire 20 new 6T and 9T Dual View Dumpers from Wacker Neuson.
June 2018	Acquisition	Sunbelt Canada completed the acquisition of Voisin’s Equipment Rental and Universal Rental Services Ltd.
February 2018	Acquisition	Sunbelt Rentals has acquired Nickell Rental, a rental business serving the markets of Atlanta and Georgia in the USA.

Product Offering

Ashtead Group plc
- Global Construction Equipment Rental Market
- Construction Equipment Rental Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Ashtead Group plc as part of our ongoing coverage of the Manufacturing & Construction sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Ashtead Group plc

Company Headquarters: London, United Kingdom Founded: 1947 Workforce: ~ 22,807 Company Working: Ashtead Group plc is a U.K.-based provider of equipment rental services. The company rents an entire range of industrial and construction equipment to a diverse customer base for numerous applications. It offers rental industrial equipment to clients such as construction firms, government agencies, homeowners, broadcasters, and railroads. Ashtead Group PLC engages in equipment rental services. It offers a full range of construction and industrial equipment used in lift, power, generate, move, dig, compact, drill, support, scrub, pump, direct, heat, and ventilated operations. It operates through the following segments: Sunbelt, A-Plant, and Corporate Items. The company also offers equipment tracking with the help of mobile tracking systems. Ashtead Group plc primarily operates in the U.S., Canada, and U.K. It operates under brands Sunbelt Rentals in North America, which includes 811 stores in 46 states and Canada, and A-Plant in the U.K., which includes 197 stores across England, Scotland, and Wales. The U.S. continues to be the biggest and fastest growing market as it is potentially five times bigger than the U.K. market. The company operates through three business segments: Sunbelt US, Sunbelt UK, and Sunbelt Canada. As of April 2022, the company had 1,233 rental stores, more than 900,000 rental assets and 800,000 customers.

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