NASDAQ : EQPT
EquipmentShare.com Inc. — Financial statements
Industrials · Rental & Leasing Services · United States
Last price 18.18 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.61B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
EquipmentShare.com Inc. (EQPT) reported revenue of 4.95B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Operating Revenue | 4.86B | 4.32B | 3.73B | 2.52B | 1.72B |
| Other Revenue | 91.00M | 63.00M | 32.00M | 33.00M | 10.60M |
| Revenue | 4.95B | 4.38B | 3.76B | 2.56B | 1.73B |
| Cost of Revenue | 3.15B | 2.82B | 2.51B | 1.51B | 982.40M |
| Gross Profit | 1.81B | 1.56B | 1.25B | 1.04B | 750.40M |
| Selling, General & Admin | 1.04B | 894.00M | 700.70M | 499.70M | 368.60M |
| Amortization of Goodwill & Intangibles | 1.00M | 1.00M | 300.00K | 300.00K | |
| Operating Expenses | 1.47B | 1.26B | 1.03B | 795.00M | 580.30M |
| Operating Income | 338.00M | 297.00M | 218.00M | 250.00M | 170.10M |
| Interest Expense | -297.00M | -285.00M | -261.00M | -213.00M | -119.90M |
| Interest & Investment Income | 5.20M | 5.00M | 5.00M | 4.00M | |
| Other Non Operating Income (Expenses) | 5.80M | 2.00M | 4.00M | 2.00M | 1.60M |
| EBT Excluding Unusual Items | 52.00M | 19.00M | -34.00M | 43.00M | 51.80M |
| Gain (Loss) on Sale of Investments | 44.00M | 42.00M | 14.00M | -2.00M | |
| Gain (Loss) on Sale of Assets | 1.00M | 1.00M | 26.00M | 10.00M | 16.50M |
| Other Unusual Items | -45.00M | -45.00M | -40.00M | -62.00M | -14.40M |
| Pretax Income | 52.00M | 17.00M | -34.00M | -11.00M | 53.90M |
| Income Tax Expense | 27.00M | 14.00M | 3.00M | 4.00M | 18.70M |
| Earnings From Continuing Operations | 25.00M | 3.00M | -37.00M | -15.00M | 35.20M |
| Minority Interest in Earnings | -100.00K | ||||
| Net Income | 25.00M | 3.00M | -37.00M | -15.00M | 35.10M |
| Preferred Dividends & Other Adjustments | 2.00M | 2.00M | 23.20M | ||
| Net Income to Common | 23.00M | 1.00M | -37.00M | -15.00M | 11.90M |
| Shares Outstanding (Basic) | 153.00M | 78.00M | 77.00M | 75.00M | 71.30M |
| Shares Outstanding (Diluted) | 301.00M | 226.00M | 77.00M | 75.00M | 218.10M |
| EPS (Basic) | 0.15 | 0.01 | -0.48 | -0.20 | 0.17 |
| EPS (Diluted) | 0.08 | 0.01 | -0.48 | -0.20 | 0.16 |
| Free Cash Flow | -901.00M | -604.00M | -176.00M | -358.00M | -684.20M |
| Free Cash Flow Per Share | -2.99 | -2.67 | -2.29 | -4.77 | -3.14 |
| Gross Margin | 36.47% | 35.65% | 33.24% | 40.87% | 43.31% |
| Operating Margin | 6.83% | 6.78% | 5.79% | 9.78% | 9.82% |
| Profit Margin | 0.46% | 0.02% | -0.98% | -0.59% | 0.69% |
| Free Cash Flow Margin | -18.20% | -13.79% | -4.68% | -14.00% | -39.48% |
| EBITDA | 391.00M | 340.00M | 245.00M | 259.00M | 379.70M |
| EBITDA Margin | 7.90% | 7.76% | 6.51% | 10.13% | 21.91% |
| D&A For EBITDA | 53.00M | 43.00M | 27.00M | 9.00M | 209.60M |
| EBIT | 338.00M | 297.00M | 218.00M | 250.00M | 170.10M |
| EBIT Margin | 6.83% | 6.78% | 5.79% | 9.78% | 9.82% |
| Effective Tax Rate | 51.92% | 82.35% | 34.69% | ||
| Revenue as Reported | 4.95B | 4.38B | 3.76B | 2.56B | 1.73B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 443.00M | 306.00M | 407.00M | 316.30M | |
| Short-Term Investments | 77.00M | 50.00M | 31.90M | ||
| Cash & Short-Term Investments | 443.00M | 383.00M | 457.00M | 348.20M | |
| Receivables | 971.00M | 748.00M | 563.00M | 453.90M | |
| Inventory | 460.00M | 401.00M | 331.00M | 241.30M | |
| Prepaid Expenses | 232.00M | 169.00M | 42.00M | 18.20M | |
| Other Current Assets | 104.00M | 29.00M | 14.00M | 2.60M | |
| Total Current Assets | 2.21B | 1.73B | 1.41B | 1.06B | |
| Property, Plant & Equipment | 1.31B | 1.18B | 908.00M | 848.40M | |
| Long-Term Investments | 63.00M | 59.00M | 60.00M | 49.60M | |
| Other Intangible Assets | 143.00M | 141.00M | 95.00M | 65.30M | |
| Other Long-Term Assets | 3.39B | 2.88B | 2.35B | 2.48B | |
| Total Assets | 7.11B | 5.99B | 4.82B | 4.50B | |
| Accounts Payable | 105.00M | 95.00M | 91.00M | 72.60M | |
| Accrued Expenses | 307.00M | 233.00M | 172.00M | 132.40M | |
| Short-Term Debt | 107.00M | 74.00M | 108.00M | 111.40M | |
| Current Portion of Long-Term Debt | 11.00M | 14.00M | 39.00M | 81.40M | |
| Current Portion of Leases | 98.00M | 88.00M | 76.00M | 139.50M | |
| Current Unearned Revenue | 43.00M | 30.00M | 20.00M | 6.40M | |
| Other Current Liabilities | 243.00M | 346.00M | 152.00M | 79.70M | |
| Total Current Liabilities | 914.00M | 880.00M | 658.00M | 623.40M | |
| Long-Term Debt | 3.71B | 3.35B | 2.63B | 2.33B | |
| Long-Term Leases | 887.00M | 824.00M | 626.00M | 643.50M | |
| Long-Term Deferred Tax Liabilities | 22.00M | 43.00M | 31.00M | 30.80M | |
| Other Long-Term Liabilities | 1.00M | 1.00M | 1.70M | ||
| Total Liabilities | 5.53B | 5.10B | 3.94B | 3.63B | |
| Additional Paid-In Capital | 1.27B | 105.00M | 114.00M | 137.90M | |
| Retained Earnings | -47.00M | 8.00M | 25.40M | ||
| Treasury Stock | -7.00M | -7.00M | -7.00M | -6.50M | |
| Comprehensive Income & Other | 4.00M | 4.20M | |||
| Total Common Equity | 1.21B | 98.00M | 119.00M | 161.00M | |
| Minority Interest | 200.00K | ||||
| Shareholders' Equity | 1.58B | 888.00M | 873.00M | 872.90M | |
| Total Liabilities & Equity | 7.11B | 5.99B | 4.82B | 4.50B | |
| Total Debt | 4.81B | 4.35B | 3.48B | 3.31B | |
| Net Cash (Debt) | -4.37B | -3.97B | -3.02B | -2.96B | |
| Net Cash Per Share | -14.50 | -17.56 | -39.21 | -39.46 | |
| Filing Date Shares Outstanding | 253.38M | 266.05M | 74.01M | 75.00M | 71.30M |
| Total Common Shares Outstanding | 253.00M | 74.00M | 74.01M | 75.00M | 71.30M |
| Working Capital | 1.30B | 850.00M | 749.00M | 440.80M | |
| Book Value Per Share | 4.79 | 1.32 | 1.61 | 2.16 | |
| Tangible Book Value | 1.07B | -43.00M | 24.00M | 95.70M | |
| Tangible Book Value Per Share | 4.23 | -0.58 | 0.32 | 1.28 | |
| Land | 40.00M | 44.00M | 48.00M | 52.90M | |
| Buildings | 229.00M | 186.00M | 86.00M | 66.90M | |
| Machinery | 183.00M | 167.00M | 125.00M | 87.90M | |
| Construction In Progress | 93.00M | 61.00M | 57.00M | 53.80M | |
| Leasehold Improvements | 187.00M | 161.00M | 96.00M | 40.10M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | 25.00M | 3.00M | -37.00M | -15.00M | 35.10M |
| Depreciation & Amortization | 53.00M | 43.00M | 27.00M | 9.00M | 209.60M |
| Other Amortization | 381.00M | 343.00M | 325.00M | 300.00M | 8.60M |
| Loss (Gain) From Sale of Assets | -1.00M | -1.00M | -20.00M | -10.00M | -16.50M |
| Stock-Based Compensation | 47.00M | 4.00M | 4.00M | 3.00M | 2.90M |
| Provision & Write-off of Bad Debts | 34.00M | 28.00M | 24.00M | 10.00M | 9.20M |
| Other Operating Activities | 182.00M | 154.00M | 192.00M | 218.00M | 153.20M |
| Change in Accounts Receivable | -311.00M | -206.00M | -135.00M | -84.00M | -105.50M |
| Change in Inventory | -78.00M | -50.00M | -92.00M | -114.00M | -4.40M |
| Change in Accounts Payable | -23.00M | -58.00M | 37.00M | 70.00M | 1.60M |
| Change in Other Net Operating Assets | -60.00M | 4.00M | -43.00M | -108.00M | -65.30M |
| Operating Cash Flow | 249.00M | 264.00M | 282.00M | 279.00M | 228.50M |
| Capital Expenditures | -1.15B | -868.00M | -458.00M | -637.00M | -912.70M |
| Sale of Property, Plant & Equipment | 2.00M | 2.00M | 102.00M | 58.00M | 148.90M |
| Cash Acquisitions | -48.00M | -48.00M | -6.00M | -39.50M | |
| Divestitures | -3.00M | ||||
| Sale (Purchase) of Intangibles | -36.00M | -39.00M | -38.00M | -25.00M | -20.20M |
| Investment in Securities | -28.00M | -27.00M | -16.00M | -10.00M | -15.80M |
| Investing Cash Flow | -1.26B | -980.00M | -419.00M | -614.00M | -839.30M |
| Long-Term Debt Issued | 2.36B | 2.50B | 1.65B | 804.60M | |
| Long-Term Debt Repaid | -1.70B | -2.26B | -1.38B | -427.50M | |
| Net Debt Issued (Repaid) | 438.00M | 660.00M | 240.00M | 268.00M | 377.10M |
| Issuance of Common Stock | 710.00M | 2.00M | 3.00M | 46.00M | 62.60M |
| Preferred Dividends Paid | -37.00M | -37.00M | -9.00M | -5.00M | |
| Dividends Paid | -37.00M | -37.00M | -9.00M | -5.00M | |
| Other Financing Activities | -18.00M | -10.00M | -6.00M | -6.00M | |
| Financing Cash Flow | 1.09B | 615.00M | 228.00M | 408.00M | 657.90M |
| Net Cash Flow | 82.00M | -101.00M | 91.00M | 73.00M | 47.10M |
| Free Cash Flow | -901.00M | -604.00M | -176.00M | -358.00M | -684.20M |
| Free Cash Flow Margin | -18.20% | -13.79% | -4.68% | -14.00% | -39.48% |
| Free Cash Flow Per Share | -2.99 | -2.67 | -2.29 | -4.77 | -3.14 |
| Levered Free Cash Flow | -1.02B | -637.50M | -256.98M | ||
| Unlevered Free Cash Flow | -852.45M | -480.38M | -113.85M | ||
| Cash Interest Paid | 277.00M | 272.00M | 230.00M | 200.00M | 112.10M |
| Cash Income Tax Paid | 7.00M | 6.00M | 2.00M | 1.00M | 600.00K |
| Change in Working Capital | -472.00M | -310.00M | -233.00M | -236.00M | -173.60M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 4.23B | ||||
| Enterprise Value | 8.60B | ||||
| Debt / Equity Ratio | 3.04 | 4.90 | 3.98 | 3.79 | |
| Debt / EBITDA Ratio | 7.46 | 9.46 | 8.73 | 8.01 | |
| Net Debt / Equity Ratio | 2.76 | 4.47 | 3.46 | 3.39 | |
| Net Debt / EBITDA Ratio | 11.17 | 11.67 | 12.32 | 11.43 | |
| Net Debt / FCF Ratio | -4.85 | -6.57 | -17.15 | -8.27 | |
| Asset Turnover | 0.80 | 0.81 | 0.81 | ||
| Inventory Turnover | 7.55 | 7.70 | 8.78 | ||
| Quick Ratio | 1.55 | 1.28 | 1.55 | 1.29 | |
| Current Ratio | 2.42 | 1.97 | 2.14 | 1.71 | |
| Return on Equity (ROE) | 2.10% | 0.34% | -4.24% | ||
| Return on Assets (ROA) | 3.39% | 3.44% | 2.92% | ||
| Return on Invested Capital (ROIC) | 2.87% | 1.20% | 5.64% | 6.52% | |
| Return on Capital Employed (ROCE) | 5.50% | 5.80% | 5.20% | 6.40% | |
| Payout Ratio | 1,233.33% | ||||
| Buyback Yield / Dilution | -288.64% | -193.51% | -2.67% | 65.61% |