v3.26.1
CONSOLIDATED STATEMENTS OF 
STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock
Ashtead Share Capital
Common Stock
Sunbelt Rentals Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Common stock held by the ESOT
Accumulated Other Comprehensive Loss
Beginning balance at Apr. 30, 2023 $ 6,010.0 $ 82.0 $ 0.0 $ 35.0 $ 6,937.0 $ (741.0) $ (39.0) $ (264.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,572.0       1,572.0      
Foreign currency translation adjustments (16.0) [1]             (16.0)
Dividends declared (437.0)       (437.0)      
Repurchase of common stock (108.0)         (78.0) (30.0)  
Stock-based compensation 39.0     2.0 12.0   25.0  
Ending balance at Apr. 30, 2024 7,060.0 82.0 0.0 37.0 8,084.0 (819.0) (44.0) (280.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,553.0       1,553.0      
Foreign currency translation adjustments 54.0 [1]             54.0
Dividends declared (547.0)       (547.0)      
Repurchase of common stock (437.0)         (352.0) (85.0)  
Stock-based compensation 116.0     9.0 13.0   94.0  
Ending balance at Apr. 30, 2025 7,799.0 82.0 0.0 46.0 9,103.0 (1,171.0) (35.0) (226.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,325.0       1,325.0      
Foreign currency translation adjustments 40.0 [1]             40.0
Dividends declared (461.0)       (461.0)      
Cancellation of treasury shares 0.0 (7.0)   7.0 (2,319.0) 2,319.0    
Cancellation of common stock (75.0) (75.0)            
Repurchase of common stock (1,426.0)         (1,407.0) (19.0)  
Issuance of common stock 75.0   4.0 71.0        
Stock-based compensation 47.0     19.0 (3.0)   31.0  
Reclassification of share-based payment from liability to equity 61.0     61.0        
Sale of shares by ESOT 24.0       1.0   23.0  
Ending balance at Apr. 30, 2026 $ 7,409.0 $ 0.0 $ 4.0 $ 204.0 $ 7,646.0 $ (259.0) $ 0.0 $ (186.0)
[1] There were no material reclassifications from accumulated other comprehensive loss reflected in other comprehensive income (loss) during 2026, 2025, or 2024. There was no material tax impact related to the foreign currency translation adjustments during the years ended April 30, 2026, 2025, or 2024.