Sunbelt Rentals Holdings, Inc. (SUNB)

Sunbelt Rentals Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Net Income	1,386	1,511	1,598	1,618	1,251	920.1
Depreciation & Amortization	2,467	2,449	2,239	1,890	1,662	1,527
Loss (Gain) From Sale of Assets	-76.4	-99.4	-245	-204.1	-87.9	-25.3
Asset Writedown & Restructuring Costs	-	-	-	-	-	12
Stock-Based Compensation	34	-	-	44.8	48.1	9.5
Other Operating Activities	-1,634	-1,694	-2,584	-2,168	-1,211	-497
Change in Accounts Receivable	-163.2	-52.2	-177.1	-209.6	-164.1	-127.8
Change in Inventory	0.1	15.1	21.2	-4.7	-67.2	5.3
Change in Accounts Payable	52.5	44.5	2.5	34.2	68.8	118.6
Operating Cash Flow	2,153	2,174	854.6	1,000	1,499	1,942
Operating Cash Flow Growth	-41.80%	154.38%	-14.55%	-33.28%	-22.82%	55.98%
Capital Expenditures	247.4	-455.6	-685.6	-510	-398.4	-138.3
Sale of Property, Plant & Equipment	25.2	61.2	47.5	41.4	24.8	18.3
Cash Acquisitions	-239.4	-147.4	-875.6	-1,083	-1,277	-195.1
Divestitures	16	-	1.9	-	-	-
Sale (Purchase) of Intangibles	9	-	-	-	-	-
Investment in Securities	-	-	-15	-42.4	-40	-
Investing Cash Flow	58.2	-541.8	-1,527	-1,594	-1,691	-315.1
Long-Term Debt Issued	-	1,309	3,616	3,355	3,055	643.4
Long-Term Debt Repaid	-	-1,970	-2,409	-2,111	-2,170	-2,302
Net Debt Issued (Repaid)	-427.7	-660.7	1,208	1,244	884.2	-1,659
Repurchase of Common Stock	-1,320	-427.4	-108.3	-276.9	-433.4	-15.5
Common Dividends Paid	-466.6	-546.6	-436.6	-356.6	-271.5	-239.1
Other Financing Activities	14.4	2.4	0.5	-1.2	2.2	3.6
Financing Cash Flow	-2,200	-1,632	663.2	609.3	181.5	-1,910
Foreign Exchange Rate Adjustments	2.4	0.4	-0.1	-0.6	-0.8	5
Net Cash Flow	13.2	0.2	-9.1	14.6	-11.3	-277.8
Free Cash Flow	2,400	1,718	169	490.1	1,101	1,804
Free Cash Flow Growth	115.89%	916.75%	-65.52%	-55.47%	-38.99%	83.54%
Free Cash Flow Margin	21.96%	15.92%	1.56%	5.07%	13.82%	27.17%
Free Cash Flow Per Share	5.63	3.93	0.39	1.11	2.46	4.01
Cash Interest Paid	505.9	554.9	513.1	-	-	-
Cash Income Tax Paid	315.8	424.8	245.8	287.3	218.8	387.6
Levered Free Cash Flow	4,048	2,996	2,607	2,808	2,403	2,276
Unlevered Free Cash Flow	4,377	3,348	2,948	3,039	2,578	2,441
Change in Working Capital	-49.6	7.4	-153.4	-180.1	-162.5	-3.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.