EQPT
EquipmentShare.com Inc
Last earnings +5.7% on 2026-05-13
$20.48
▲ +4.01%$20.48▼ -16.41%
over 1Y
L $18.40EODHDH $34.63
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+4.0%
1W-21.1%
1M-10.1%
3M+2.1%
YTD-16.4%
1Y-16.4%
Hold
Conviction
Horizon
Long (>12mo)
Street · 16 analysts
Buy
Fast-scaling tech-enabled equipment rental with a strong T3 platform, but 9.66x leverage, 2% net margin and slowing growth temper it.
Revenue $2.04B · FY2025
The read
Middling fundamentals and a rich price (~98% above fair value) leave little margin of safety — a wait-and-see.
EquipmentShare is a tech-enabled construction equipment rental provider built around its T3 sensor-to-cloud fleet-management platform, operating 352 branches across 45 states with a managed fleet exceeding 252,000 pieces of equipment. The platform and rapid scaling are genuinely differentiated, and unit economics look attractive at the gross line — gross profit grew 31.0% to $1.24B (a 60.7% gross margin) and operating income rose 36.2% to $297M (14.6% operating margin). The company turned a $40.0M net profit in FY2025, up from near-breakeven $3.00M in FY2024.
Financials · annual, by fiscal year
| Line item | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | $1.11B | $1.98B | $2.04B |
| Gross profit | $759M | $946M | $1.24B |
| Operating income | $250M | $218M | $297M |
| Net income | $17.0M | $3.00M | $40.0M |
| Diluted EPS | -$0.20 | -$0.48 | $0.01 |
| Net margin | 1.5% | 0.2% | 2.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)1.66
Earnings yield—
FCF yield—
Quality & risk
ROIC (est.)6.2%
Free cash flow—
Total debt$3.27B
Net cash-$2.97B
Piotroski F-Score5/8
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗SCHEDULE 13DFiling2026-06-23open ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗3Period ending 2026-06-082026-06-17open ↗3Period ending 2026-06-082026-06-17open ↗8-KPeriod ending 2026-06-162026-06-16open ↗8-KPeriod ending 2026-06-162026-06-16open ↗8-KPeriod ending 2026-06-042026-06-10open ↗4Period ending 2026-05-192026-05-20open ↗SCHEDULE 13GFiling2026-05-15open ↗SCHEDULE 13GFiling2026-05-15open ↗SCHEDULE 13GFiling2026-05-15open ↗
Frequently asked
- Is EquipmentShare.com Inc (EQPT) a buy?
- EQPT currently carries a Hold rating with 2/5 conviction, derived from its latest SEC filings. Fast-scaling tech-enabled equipment rental with a strong T3 platform, but 9.66x leverage, 2% net margin and slowing growth temper it.
- What is EQPT's fair value?
- A Modified-Graham model based on EQPT's SEC fundamentals estimates a fair value of about $0.32. It is an estimate from reported earnings, not a price target.
- Is EQPT overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, EQPT currently appears overvalued relative to its SEC-grounded earnings power.
- What is EquipmentShare.com Inc's quality score?
- EQPT scores 54.72549019607843/100 (grade C-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001693736, latest 10-Q filed 2026-05-14) · EODHD · analysis by claude-code · as of 6/21/2026, 8:56:09 PM.
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