v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2024
Revenues:      
Total revenues $ 11,154.0 $ 10,791.0 $ 10,859.0
Cost of revenues:      
Cost of equipment rentals, excluding depreciation 4,394.0 4,069.0 3,874.0
Depreciation of rental equipment 1,851.0 1,815.0 1,653.0
Total cost of revenues 6,864.0 6,471.0 6,382.0
Gross profit 4,290.0 4,320.0 4,477.0
Selling, general and administrative expense 1,651.0 1,385.0 1,572.0
Non-rental depreciation and amortization 458.0 436.0 394.0
Operating income 2,181.0 2,499.0 2,511.0
Interest expense, net 387.0 425.0 428.0
Other (income) expense, net (7.0) 4.0 (11.0)
Income before provision for income taxes 1,801.0 2,070.0 2,094.0
Provision for income taxes 476.0 517.0 522.0
Net income $ 1,325.0 $ 1,553.0 $ 1,572.0
Basic earnings per share (in dollars per share) $ 3.15 $ 3.56 $ 3.60
Diluted earnings per share (in dollars per share) $ 3.15 $ 3.55 $ 3.58
Equipment rentals      
Revenues:      
Total revenues $ 10,320.0 $ 9,980.0 $ 9,630.0
Sales of rental equipment      
Revenues:      
Total revenues 451.0 467.0 859.0
Cost of revenues:      
Cost of rental equipment sales 386.0 386.0 636.0
Sales of new equipment, merchandise and consumables      
Revenues:      
Total revenues 383.0 344.0 370.0
Cost of revenues:      
Cost of rental equipment sales $ 233.0 $ 201.0 $ 219.0