EquipmentShare.com Inc
EQPT Nasdaq Services-Equipment Rental & Leasing, Nec Financials FY2023–FY2025
What EquipmentShare.com Inc does
No business description yet.
- Legal name
- EquipmentShare.com Inc
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 19, 2026
- Accession · CIK
- 0001628280-26-019656
0001693736
Revenue and margins
EquipmentShare.com Inc had $4.4B of revenue in fiscal 2025, up 16.3% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was — in fiscal 2025, — of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
EquipmentShare.com Inc returned $37.0M to shareholders in fiscal 2025. The diluted share count rose 193.5%.
Balance sheet
Cash, debt and the ratios that show how comfortably EquipmentShare.com Inc can carry it.
| Fiscal year end | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash and short-term investments | $316M | $407M | $306M |
| Debt incl. finance leases | — | $2.5B | $3.5B |
| Net debt / EBITDA | — | 3.9x | 4.8x |
| Debt / equity | — | 4.6x | 6.2x |
| Interest coverage | 1.2x | 0.8x | 1.0x |
| Current ratio | — | 2.1x | 2.0x |
| Quick ratio | — | 1.6x | 1.5x |
| Total assets | — | $4.8B | $6.0B |
| Total liabilities | — | $3.9B | $5.1B |
| Shareholders' equity | $588M | $549M | $528M |
| Net debt (− = net cash) | — | $2.1B | $3.2B |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✓ | ✓ |
| Return on assets rose | — | — | ✓ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | — | ✕ |
| Current ratio rose | — | — | ✕ |
| Share count didn't rise | — | ✕ | ✕ |
| Gross margin rose | — | ✕ | ✓ |
| Revenue rose relative to assets | — | — | ✕ |
| F-score | — / 3 | — / 5 | 5 / 9 |
| Accruals ratio | — | −5.8% | −4.1% |
| Altman Z'' | — | 1.48 | 1.37 |
3 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Income statement | |||
| Revenue | $2.6B | $3.8B | $4.4B |
| Gross profit | $759M | $946M | $1.2B |
| Operating income | $250M | $218M | $297M |
| Interest expense | $213M | $261M | $285M |
| Pretax income | $21.0M | $6.0M | $54.0M |
| Income tax | $4.0M | $3.0M | $14.0M |
| Net income | $17.0M | $3.0M | $40.0M |
| Net income to common | −$15.0M | −$37.0M | $1.0M |
| Diluted EPS | −$0.20 | −$0.48 | $0.01 |
| Diluted shares | 0.08B | 0.08B | 0.23B |
| Cash flow | |||
| Cash from operations | $279M | $282M | $264M |
| Depreciation and amortization | $295M | $332M | $365M |
| Stock-based compensation | $3.0M | $4.0M | $4.0M |
| Acquisitions | $0.0M | $6.0M | $48.0M |
| Dividends paid | $5.0M | $9.0M | $37.0M |
| Dividends and buybacks | $5.0M | $9.0M | $37.0M |
| Balance sheet | |||
| Cash and short-term investments | $316M | $407M | $306M |
| Total debt | — | $2.5B | $3.3B |
| Finance lease liabilities | — | — | $188M |
| Current assets | — | $1.4B | $1.7B |
| Current liabilities | — | $658M | $880M |
| Inventory | — | $331M | $401M |
| Property and equipment, net | — | $339M | $504M |
| Intangible assets | — | $3.0M | $31.0M |
| Total assets | — | $4.8B | $6.0B |
| Total liabilities | — | $3.9B | $5.1B |
| Preferred stock | — | $430M | $430M |
| Shareholders' equity | $588M | $549M | $528M |
| Margins | |||
| Gross margin | 29.7% | 25.1% | 28.3% |
| Operating margin | 9.8% | 5.8% | 6.8% |
| EBITDA margin | 21.3% | 14.6% | 15.1% |
| Net margin | 0.7% | 0.1% | 0.9% |
| Returns | |||
| Return on capital | — | 5.3% | 6.3% |
| Return on capital employed | — | 5.2% | 5.8% |
| Return on equity | 2.9% | 0.5% | 7.4% |
| Return on assets | — | 0.1% | 0.7% |
| Return on tangible equity | −2.6% | −6.8% | 0.2% |
| Growth | |||
| Revenue growth | — | 47.2% | 16.3% |
| Net income growth | — | −82.4% | 1,233.3% |
| Share count change | — | 2.7% | 193.5% |
| Financial health | |||
| Net debt / EBITDA | — | 3.9x | 4.8x |
| Debt / equity | — | 4.6x | 6.2x |
| Interest coverage | 1.2x | 0.8x | 1.0x |
| Current ratio | — | 2.1x | 2.0x |
| Quick ratio | — | 1.6x | 1.5x |
| Capital allocation | |||
| Stock comp / revenue | 0.1% | 0.1% | 0.1% |
| Quality scores | |||
| Piotroski F-score | — | — | 5.0 |
| Altman Z'' | — | 1.5 | 1.4 |
| Accruals ratio | — | −5.8% | −4.1% |
Source: SEC EDGAR XBRL filings (CIK 0001693736). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.