Feed / EQPT

EquipmentShare.com Inc.

EQPT

Industrials · 17.62 -6.1% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

EquipmentShare.com Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.

Company-6.1% todayVolume comparison unavailable
Market group0 of 1 activeConstruction Equipment Rental · unavailable
Disclosed network0 of 5 confirmingNo filing-linked name is confirming now
What would change this read
  • Management attributed higher rental revenue and fleet growth to OWN Program demand, alongside maturing and incremental growth sites.
  • Size of equipment rental fleet under management (OEC and unit count) after a reported increase driven by OWN Program demand (fleet OEC and units rose as of 3/31/2026).

Invalidation: The isolated read changes if EQPT's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Rental & Leasing Services

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Management attributed higher rental revenue and fleet growth to OWN Program demand, alongside maturing and incremental growth sites.
  • Size of equipment rental fleet under management (OEC and unit count) after a reported increase driven by OWN Program demand (fleet OEC and units rose as of 3/31/2026).

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods3
Price observations160
Usable filing statements103
Verified relationships5
Evidence supporting the case
  • Operating margin changed +3.5 percentage points in the latest annual period.
  • Net margin changed +1.8 percentage points in the latest annual period.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position
  • P/E is 328% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

17.62
6m-38.7%12m24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2023-12-31$1.1B$-0.20
2024-12-31$2.0B+78.1%$-0.48+2.7%
2025-12-31$2.0B+3.2%$0.01

What management says matters

Persistent and emerging business drivers

Demand and volumepositive · 3 filings
The increase in Segment Adjusted EBITDA was primarily due an increase in segment total revenues of $465 million from equipment rentals and the sale of parts, supplies and services, attributed to our organic growth initiatives, including the maturation of our…
10-Q · Aug 13, 2026
Restructuring and cost reductionsmixed · 3 filings
Such adjusted EBITDA metric is calculated under the indentures governing our outstanding notes as net income before income tax provision, net financing charges, restructuring and impairment costs, allocation for support functions and other costs, and intangib…
10-Q · Aug 13, 2026
Tariffs and trade policynegative · 3 filings
We expect to benefit if tariffs lead to onshoring of manufacturing and result in construction of new facilities, but our results will be negatively affected if construction of energy transition infrastructure is reduced due to lower subsidies or other factors.
10-Q · Aug 13, 2026
Credit and interest ratesmixed · 2 filings
This increase was primarily due to higher interest expense of $12 million for the six months ended June 30, 2026 , compared to the six months ended June 30, 2025 , resulting from our higher average outstanding borrowing for the six months ended June 30, 2026…
10-Q · Aug 13, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.0× · EV/sales 3.4×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Fewer than 4 annual revenue periods; too little history to scaffold scenarios.

Price action

How the market is pricing the story

17.62-6.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for EQPT. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for EQPT. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind EQPT

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

CMICummins Inc.supplierMar 19, 2026

Original Equipment Manufacturer Suppliers We source our rental and resale equipment from a broad range of leading OEMs, including JLG, JCB, John Deere, Komatsu, Hitachi, CASE, Takeuchi, Cummins, Genie, and Toyota.

DEDeere & CompanysupplierMar 19, 2026

Original Equipment Manufacturer Suppliers We source our rental and resale equipment from a broad range of leading OEMs, including JLG, JCB, John Deere, Komatsu, Hitachi, CASE, Takeuchi, Cummins, Genie, and Toyota.

Depended on by

SUNBSunbelt Rentals Holdings, Inc.competitorJun 23, 2026

In North America, our largest national competitors include United Rentals, Herc Rentals and EquipmentShare.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

EQPT is currently a Leader in the organic co-movement group Construction Equipment Rental. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for EQPT; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.