v3.26.1
CONDENSED CONSOLIDATED STATEMENTS 
OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Revenues:    
Total revenues $ 3,115 $ 2,801
Cost of revenues:    
Cost of equipment rentals, excluding depreciation 1,265 1,072
Depreciation of rental equipment 470 458
Total cost of revenues 1,866 1,678
Gross profit 1,249 1,123
Selling, general and administrative expenses 443 414
Non-rental depreciation and amortization 115 113
Operating income 691 596
Interest expense, net 107 95
Other income, net (7) (7)
Income before provision for income taxes 591 508
Provision for income taxes 153 135
Net income $ 438 $ 373
Basic earnings per share (in dollars per share) $ 1.07 $ 0.87
Diluted earnings per share (in dollars per share) $ 1.07 $ 0.87
Equipment rentals    
Revenues:    
Total revenues $ 2,927 $ 2,601
Sales of rental equipment    
Revenues:    
Total revenues 85 103
Cost of revenues:    
Cost of rental equipment sales 70 90
Sales of new equipment, merchandise and consumables    
Revenues:    
Total revenues 103 97
Cost of revenues:    
Cost of rental equipment sales $ 61 $ 58