Want to see EQPT full AI Analyst Report?
Top Page
EquipmentShare.com, Inc.
(NASDAQ:EQPT)
Select Model
Select Model
Rating:47Neutral
Price Target:
$20.00
▼(-6.41% Downside)
Action:N/A
Date:06/17/26
Score is held back primarily by heavy leverage and consistently large negative free cash flow despite strong revenue growth and improving 2025 earnings. Technicals are neutral-to-slightly constructive but not strongly bullish, while the high P/E offers limited valuation support. Recent debt refinancing helps liquidity but does not materially reduce balance-sheet risk.
Positive Factors
Sustained revenue growth and improving profitability
Consistent top-line expansion with 2025 revenue up ~20% and a return to positive net income (~$40M) indicates improving operating leverage and market traction. This growth improves the firm's ability to scale services, invest in fleet/software, and supports incremental margin gains over the medium term.
Negative Factors
Very high leverage
An extreme debt-to-equity ratio (~7.9x) materially constrains financial flexibility. High leverage elevates interest burden sensitivity, limits capacity for opportunistic investments, and increases default/ refinancing risk if demand softens or funding costs rise, making the capital structure fragile over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained revenue growth and improving profitability
Consistent top-line expansion with 2025 revenue up ~20% and a return to positive net income (~$40M) indicates improving operating leverage and market traction. This growth improves the firm's ability to scale services, invest in fleet/software, and supports incremental margin gains over the medium term.
Read all positive factors
EquipmentShare.com, Inc. (EQPT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.97B
Dividend YieldN/A
Average Volume (3M)2.34M
Price to Earnings (P/E)232.8
Beta (1Y)2.28
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees7,700
SectorIndustrials
Sector Strength72
IndustryRental & Leasing Services
Share Statistics
EPS (TTM)0.09
Shares Outstanding214,806,150
10 Day Avg. Volume1,853,597
30 Day Avg. Volume2,335,649
Financial Highlights & Ratios
PEG Ratio-83.57
Price to Book (P/B)16.41
Price to Sales (P/S)1.98
P/FCF Ratio-4.80
Enterprise Value/Market Cap1.97
Enterprise Value/Revenue2.10
Enterprise Value/Gross Profit7.51
Enterprise Value/Ebitda13.17
Forecast
1Y Price Target
$30.20Price Target Upside41.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)0.56
Revenue Forecast (FY)$5.27B
EquipmentShare.com, Inc. Business Overview & Revenue Model
Company Description
EquipmentShare.com Inc., a company founded in Columbia, Missouri, in 2014, offers comprehensive, integrated solutions to the construction industry. Its primary activities involve equipment rental, sales, and the deployment of advanced technology. ...
How the Company Makes Money
EquipmentShare makes money primarily by providing equipment-related services and software to construction and industrial customers. Key revenue streams include: (1) Equipment rental revenue from renting heavy equipment and tools to contractors and...
EquipmentShare.com, Inc. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
34
Negative
Cash Flow
27
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 4.65B | 4.38B | 3.76B | 2.56B |
| Gross Profit | 1.30B | 1.20B | 918.20M | 749.10M |
| EBITDA | 742.00M | 704.00M | 606.50M | 536.90M |
| Net Income | 59.00M | 40.00M | 2.60M | 17.30M |
Balance Sheet | ||||
| Total Assets | 6.36B | 5.99B | 5.23B | 4.90B |
| Cash, Cash Equivalents and Short-Term Investments | 409.00M | 306.00M | 457.30M | 349.40M |
| Total Debt | 4.21B | 4.18B | 4.03B | 3.81B |
| Total Liabilities | 4.79B | 5.46B | 4.36B | 4.03B |
| Stockholders Equity | 1.57B | 528.00M | 873.00M | 872.70M |
Cash Flow | ||||
| Free Cash Flow | -1.97B | -1.80B | -1.50B | -1.00B |
| Operating Cash Flow | 115.00M | 264.00M | 281.30M | 278.80M |
| Investing Cash Flow | -977.00M | -980.00M | -418.90M | -613.90M |
| Financing Cash Flow | 845.00M | 615.00M | 227.80M | 408.00M |
EquipmentShare.com, Inc. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
Performance Comparison
EquipmentShare.com, Inc. Corporate Events
Business Operations and StrategyPrivate Placements and Financing
EquipmentShare Upsizes Private Offering of 2034 Secured Notes
Positive
Jun 16, 2026
On June 16, 2026, EquipmentShare.com Inc. announced it had upsized and priced a private offering of $1.35 billion in senior secured second lien notes due 2034, increasing the deal by $300 million from the originally proposed size. The notes, beari...
Business Operations and StrategyPrivate Placements and Financing
EquipmentShare Announces $1.05 Billion Senior Notes Offering
Positive
Jun 16, 2026
On June 16, 2026, EquipmentShare.com Inc. announced a private offering of $1.05 billion in senior secured second-lien notes due 2034, to be sold to qualified institutional buyers in the U.S. under Rule 144A and to non-U.S. investors under Regulati...
Executive/Board ChangesShareholder Meetings
EquipmentShare Refreshes Board Following Recent IPO Transition
Positive
Jun 10, 2026
On June 4, 2026, EquipmentShare.com Inc. held its annual shareholders’ meeting, at which investors elected all director nominees to serve until the 2027 meeting, ratified KPMG LLP as auditor for 2026 and approved executive compensation on an...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.