EquipmentShare.com (EQPT)
Market Price (6/30/2026): $20.3 | Market Cap: $4.2 BilSector: Industrials | Industry: Diversified Support Services
EquipmentShare.com (EQPT)
Market Price (6/30/2026): $20.3Market Cap: $4.2 BilSector: IndustrialsIndustry: Diversified Support Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include E-commerce & DTC Adoption, Cloud Computing, and Sustainable Resource Management. Themes include Supply Chain Digitization, Show more. | Weak multi-year price returns2Y Excs Rtn is -74%, 3Y Excs Rtn is -108% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 88% Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 37x, P/EPrice/Earnings or Price/(Net Income) is 72x Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -43% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.0% Key risksEQPT key risks include [1] a significant debt load and unprofitability driven by its capital-intensive growth strategy, Show more. |
| Megatrend and thematic driversMegatrends include E-commerce & DTC Adoption, Cloud Computing, and Sustainable Resource Management. Themes include Supply Chain Digitization, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -74%, 3Y Excs Rtn is -108% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 88% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 37x, P/EPrice/Earnings or Price/(Net Income) is 72x |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -43% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.0% |
| Key risksEQPT key risks include [1] a significant debt load and unprofitability driven by its capital-intensive growth strategy, Show more. |
Qualitative Assessment
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EquipmentShare.com (EQPT) stock has lost about 30% since 2/28/2026 because of the following key factors:
1. EquipmentShare.com reported a net loss of $29 million for fiscal Q1 2026, despite exceeding revenue and EPS estimates.
While EquipmentShare.com's revenue surged 38% year-over-year to $989 million and its EPS of -$0.11 beat analyst expectations in fiscal Q1 2026 (which ended March 31, 2026), the company recorded a GAAP net loss of $29 million. This, coupled with a significant $200 million cash outflow from operating activities and $213 million in net rental equipment capital expenditures, indicates ongoing challenges in achieving profitability and managing the capital intensity of its growth strategy. The stock experienced a decline of 5.59% to 8.8% on the day this earnings news was published, reflecting investor concerns over the net loss and high capital expenditure despite strong top-line growth.
2. The equipment rental industry faces a period of slowing growth and macroeconomic headwinds.
The broader equipment rental sector is transitioning into a more disciplined growth phase, with the American Rental Association forecasting a deceleration in U.S. construction and general tool rental revenue growth to 2.3% in 2026, down from 3.3% in 2025. This slowdown is influenced by persistent macroeconomic factors, including rising interest rates, inflation, and policy uncertainty related to trade and tariffs, which exert pressure on rental businesses through increased operational costs and potential revenue volatility. The U.S. economy for 2026 is characterized by slower expansion and increased exposure to policy uncertainty and market volatility.
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EquipmentShare.com (EQPT) stock has lost about 30% since 2/28/2026 because of the following key factors:
1. EquipmentShare.com reported a net loss of $29 million for fiscal Q1 2026, despite exceeding revenue and EPS estimates.
While EquipmentShare.com's revenue surged 38% year-over-year to $989 million and its EPS of -$0.11 beat analyst expectations in fiscal Q1 2026 (which ended March 31, 2026), the company recorded a GAAP net loss of $29 million. This, coupled with a significant $200 million cash outflow from operating activities and $213 million in net rental equipment capital expenditures, indicates ongoing challenges in achieving profitability and managing the capital intensity of its growth strategy. The stock experienced a decline of 5.59% to 8.8% on the day this earnings news was published, reflecting investor concerns over the net loss and high capital expenditure despite strong top-line growth.
2. The equipment rental industry faces a period of slowing growth and macroeconomic headwinds.
The broader equipment rental sector is transitioning into a more disciplined growth phase, with the American Rental Association forecasting a deceleration in U.S. construction and general tool rental revenue growth to 2.3% in 2026, down from 3.3% in 2025. This slowdown is influenced by persistent macroeconomic factors, including rising interest rates, inflation, and policy uncertainty related to trade and tariffs, which exert pressure on rental businesses through increased operational costs and potential revenue volatility. The U.S. economy for 2026 is characterized by slower expansion and increased exposure to policy uncertainty and market volatility.
3. Analyst price target revisions and valuation concerns contributed to negative sentiment.
During the period, several analysts adjusted their price targets for EQPT, reflecting a cautious outlook. Notably, Citigroup issued a price target of $22.0 in April 2026, later maintaining a target of $26.00 in May 2026. UBS also lowered its price target to $24.00 from $36.00 in June 2026, citing margin concerns, while maintaining a "Neutral" rating. These revisions, combined with a high P/E ratio of 496.8x as of June 22, 2026, significantly above its 5-year median of 415.8x, suggest that investors and analysts perceive the stock as potentially overvalued, leading to a negative impact on its share price.
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Stock Movement Drivers
Fundamental Drivers
The -30.3% change in EQPT stock from 2/28/2026 to 6/29/2026 was primarily driven by a 0.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282026 | 6292026 | Change |
|---|---|---|---|
| Stock Price ($) | 29.02 | 20.23 | -30.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | � | 0.0% |
| Net Income Margin (%) | � | � | 0.0% |
| P/E Multiple | � | � | 0.0% |
| Shares Outstanding (Mil) | 226 | 226 | 0.0% |
| Cumulative Contribution | 0.0% |
Market Drivers
2/28/2026 to 6/29/2026| Return | Correlation | |
|---|---|---|
| EQPT | -30.3% | |
| Market (SPY) | 8.3% | 27.5% |
| Sector (XLI) | 3.5% | 40.1% |
Fundamental Drivers
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Market Drivers
11/30/2025 to 6/29/2026| Return | Correlation | |
|---|---|---|
| EQPT | ||
| Market (SPY) | 9.0% | 26.3% |
| Sector (XLI) | 19.7% | 37.0% |
Fundamental Drivers
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Market Drivers
5/31/2025 to 6/29/2026| Return | Correlation | |
|---|---|---|
| EQPT | ||
| Market (SPY) | 27.2% | 26.3% |
| Sector (XLI) | 29.7% | 37.0% |
Fundamental Drivers
nullnull
Market Drivers
5/31/2023 to 6/29/2026| Return | Correlation | |
|---|---|---|
| EQPT | ||
| Market (SPY) | 84.3% | 26.3% |
| Sector (XLI) | 97.3% | 37.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EQPT Return | - | - | - | - | - | -37% | -37% |
| Peers Return | 60% | -3% | 23% | 9% | -1% | 48% | 210% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 7% | 96% |
Monthly Win Rates [3] | |||||||
| EQPT Win Rate | - | - | - | - | - | 17% | |
| Peers Win Rate | 70% | 50% | 57% | 57% | 53% | 63% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| EQPT Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -23% | -37% | -33% | -30% | -41% | -29% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: URI, HRI, R, WSC, CTOS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/29/2026 (YTD)
How Low Can It Go
EQPT has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.8% | -18.8% |
| % Gain to Breakeven | 18.8% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -11.7% | -9.5% |
| % Gain to Breakeven | 13.2% | 10.5% |
| Time to Breakeven | 45 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.1% | -24.5% |
| % Gain to Breakeven | 25.1% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.6% | -33.7% |
| % Gain to Breakeven | 71.2% | 50.9% |
| Time to Breakeven | 231 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 120 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -11.1% | -12.2% |
| % Gain to Breakeven | 12.5% | 13.9% |
| Time to Breakeven | 51 days | 62 days |
In The Past
State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% gain to breakeven.
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Asset Allocation
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EQPT has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.1% | -24.5% |
| % Gain to Breakeven | 25.1% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.6% | -33.7% |
| % Gain to Breakeven | 71.2% | 50.9% |
| Time to Breakeven | 231 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 120 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -22.5% | -17.9% |
| % Gain to Breakeven | 29.0% | 21.8% |
| Time to Breakeven | 114 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -60.5% | -53.4% |
| % Gain to Breakeven | 153.2% | 114.4% |
| Time to Breakeven | 700 days | 1085 days |
In The Past
State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About EquipmentShare.com (EQPT)
EquipmentShare.com (EQPT) is a digitally-native equipment rental platform specifically designed for the construction industry. Founded by lifelong contractors, the company addresses critical inefficiencies on jobsites, such as lost or stolen equipment, poor coordination, and underutilized fleets. EquipmentShare provides comprehensive equipment rental services primarily to large jobsites and megaprojects nationwide, aiming to be the holistic operating system that connects all moving parts of a complex construction site in real time.
At the core of EquipmentShare's offering is its proprietary T3 software platform, a vertically integrated system that connects assets, materials, and people. T3 provides customers and branch teams with real-time data on equipment location, health, utilization, and performance, significantly reducing downtime and optimizing operations. Furthermore, the company leverages an innovative "OWN Program," a capital-light fleet growth model where third-party investors purchase equipment that EquipmentShare then exclusively deploys and manages through its T3 platform, sharing rental revenue with the owners. This unique model allows EquipmentShare to rapidly expand its fleet and geographic footprint without over-leveraging its balance sheet.
This combination of advanced technology, world-class operations, and a scalable capital model has positioned EquipmentShare as a leader in serving the most demanding projects. The company boasts deep involvement with megaprojects, currently renting to over 80% of active megaprojects within its serviceable footprint. By offering an integrated solution that enhances efficiency, safety, and reduces overall costs for contractors, EquipmentShare demonstrates significant market share gains and a powerful economic engine driven by strong site-level growth and durable margins.
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1. The Tesla of construction equipment rental, emphasizing its digitally-native, tech-first approach to a traditional industry.
2. Imagine Salesforce for managing construction projects and assets, that also happens to rent you all the heavy equipment you need.
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- Equipment Rental: EquipmentShare provides a nationwide rental service for heavy construction and industrial equipment, managed through its proprietary T3 platform.
- T3 Software Platform: A proprietary, vertically integrated software that offers real-time telematics, asset tracking, utilization insights, and jobsite management to enhance efficiency and reduce costs for customers.
- OWN Program: A capital-light fleet growth model where EquipmentShare manages and operates third-party owned equipment, sharing rental revenue with the owners, leveraging the T3 platform for seamless integration and data.
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EquipmentShare.com (EQPT) primarily sells to other companies in the construction industry. The provided background information does not list the names of specific customer companies.
Based on the description, EquipmentShare.com serves the following categories of business customers:
- Construction Companies and Contractors: EquipmentShare is described as a platform connecting the construction industry and servicing "jobsites," catering to the needs of contractors.
- Companies Managing Megaprojects: The company emphasizes its deep involvement with and rental services to over 80% of active "megaprojects" within its serviceable footprint, such as hyperscale datacenter projects.
- National Customers: The text mentions "national customers" with whom EquipmentShare sees similar dynamics in expanding their adoption of the T3 platform.
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Jabbok Schlacks, Co-Founder, Chief Executive Officer
Jabbok Schlacks co-founded EquipmentShare in 2015 and has served as a member of its board of directors since then. He oversees the company's overall business strategy and direction. Prior to co-founding EquipmentShare, he spent more than 25 years in the construction industry with Schlacks Construction. He is a serial entrepreneur, having founded 5 or more companies and raised significant institutional capital throughout his career. He also sits on the Wall Street Journal's Chief Executive Officer Council.
David Marquardt, Chief Financial Officer and Chief Accounting Officer
David Marquardt assumed the role of Chief Financial Officer and Chief Accounting Officer at EquipmentShare in 2025, where he leads the finance and accounting functions. He joined EquipmentShare in 2021. Prior to his tenure at EquipmentShare, David served as a Managing Director at Riveron Consulting, an accounting advisory firm, and as a Partner at Ernst & Young LLP, a professional services firm, in the Assurance & Advisory Services practice. He has over 36 years of experience in financial and accounting services.
Willy Schlacks, Co-Founder, President and Chief Product Officer
Willy Schlacks co-founded EquipmentShare in 2015 and has been a member of its board of directors since then. He oversees the development and design of EquipmentShare's technology and products. With over 25 years in the construction industry with Schlacks Construction, he is a serial entrepreneur who has founded more than 5 companies (some sources suggest over 9 companies), including MachineLINK, Tiger Storage, and NASS. He was recognized as one of the Most Exceptional Entrepreneurs by Goldman Sachs in 2024. He is also a Managing Partner and General Partner at Redbud VC.
Mark Wopata, Chief Data Officer and EVP of Finance
Mark Wopata joined EquipmentShare in 2019 and serves as the Chief Data Officer and EVP of Finance. In this role, he oversees financial strategy, financial planning and analysis, analytics, information technology, and corporate operations functions. Before joining EquipmentShare, he held various financial planning and analysis roles at Humana Inc.
Paul Wright, Chief Technology Officer
Paul Wright is the Chief Technology Officer (CTO) at EquipmentShare.
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The public company EquipmentShare.com (symbol: EQPT) faces several key risks to its business model and financial performance:
- Reliance on the OWN Program and Third-Party Capital: EquipmentShare's capital-light fleet growth model, the OWN Program, supplied more than half of its rental equipment as of September 30, 2025. This program relies on third-party participants, including institutional investors and high-net-worth individuals, to purchase equipment that EquipmentShare then exclusively deploys and rents out. Any disruption to the attractiveness of this program, changes in financing terms, or difficulty in attracting new participants could significantly impede EquipmentShare's ability to expand its fleet and meet growing customer demand, thereby impacting its core rental operations and growth strategy.
- Execution and Maturation Risk of Rapid Organic Site Expansion: A significant portion of EquipmentShare's recent growth comes from its rapid organic site expansion, with 240 rental sites launched since December 31, 2021, representing the majority of its 342-location network as of September 30, 2025. These new sites are in early stages of maturity and typically incur lower margins due to associated start-up costs. While the company expects them to follow a historically proven ramp pattern of growing customer density and expanding margins, a failure for these numerous younger sites to mature as anticipated, or a slowdown in customer adoption in new markets, could continue to suppress overall consolidated net income and cash flow, despite strong revenue growth.
- Dependence on and Competition in Technology (T3 Platform): EquipmentShare's competitive advantage and operational efficiency are heavily reliant on its proprietary T3 software platform, which connects assets, materials, and people, and manages the rental fleet. The company's ability to optimize uptime, reduce misuse and theft, and lower total cost of operation for contractors is attributed to this vertically integrated tech platform. However, the construction technology landscape is evolving, and the risk exists that competitors could develop similar or superior integrated technology solutions, or that unforeseen issues, vulnerabilities, or a failure to continuously innovate within the T3 platform could erode EquipmentShare's differentiation and market position.
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The addressable market for EquipmentShare.com's main products and services is the U.S. construction equipment rental market. This market was estimated to have surpassed USD 64.76 billion in 2024. It is projected to reach approximately USD 98.29 billion by 2034, growing at a compound annual growth rate (CAGR) of 4.26% from 2025 to 2034.
Another estimate indicates the U.S. construction equipment rental market generated revenue of USD 57,505.4 million in 2025 and is expected to reach USD 82,463.9 million by 2033, with a CAGR of 4.7% from 2026 to 2033.
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Here are 3-5 expected drivers of future revenue growth for EquipmentShare.com (EQPT) over the next 2-3 years:
- Organic Site Expansion into New Markets: EquipmentShare plans to continue launching new full-service rental locations across high-potential markets, driven by existing customer demand and long-term trends. As of September 30, 2025, 342 full-service rental locations were active, with the majority launched since December 31, 2021, indicating a clear strategy for continued geographical expansion. This organic growth model has historically contributed 98% of rental revenue since the company's founding and is expected to continue as customers pull them into new areas, particularly those with active and planned megaprojects.
- Maturity and Scaling of Younger Sites: A significant portion of EquipmentShare's network (240 out of 342 sites as of September 30, 2025) are still in early stages of maturity. These younger sites are expected to follow a historically proven ramp pattern of growing customer density, expanding margins, and increasing cash flow. As these sites scale, they are anticipated to consistently contribute substantial incremental earnings and drive continued revenue growth.
- Increased Adoption and Utilization of the T3 Platform: The proprietary T3 software platform is a core differentiator, connecting assets, materials, and people, and generating customer demand. Increased adoption of T3 by new and existing customers, particularly on large, complex jobs like hyperscale data centers, drives higher equipment utilization and expanded engagements. The platform's ability to optimize uptime, reduce misuse and theft, and lower total cost of operation for contractors is a key factor in attracting and retaining customers, leading to revenue growth.
- Expansion of the OWN Program: The innovative capital-light OWN Program, which leverages third-party capital for fleet growth, supplied over half of EquipmentShare's rental equipment as of September 30, 2025, representing $4.2 billion of its OEC. This program enables the company to expand its equipment fleet rapidly to meet customer demand without solely relying on its balance sheet. Further expansion of the OWN Program will allow EquipmentShare to increase its rental capacity and serve more customers and larger projects, directly contributing to revenue growth.
- Deep Involvement with Megaprojects: EquipmentShare currently rents to over 80% of active megaprojects within its serviceable footprint. The scale and vertically integrated tech platform position the company to excel on these large, demanding projects. Continued deep involvement and expansion of services on megaprojects, which have over $5 trillion in active and planned spend expected over the next decade, will be a significant driver of revenue growth.
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Inbound Investments
- The OWN Program, a capital-light fleet growth model, leverages third-party capital, accounting for over half of EquipmentShare's rental equipment as of September 30, 2025.
- As of September 30, 2025, the OWN Program represented $4.2 billion of the company's Original Equipment Cost (OEC), constituting 52% of its total equipment rental fleet.
- Participants in the OWN Program, including institutional investors and ABS entities, purchase equipment from EquipmentShare for deployment and operation through its rental platform.
Capital Expenditures
- Since December 31, 2021, EquipmentShare has launched 240 rental sites, which make up the majority of its 342-location network as of September 30, 2025, demonstrating significant capital investment in organic site expansion.
- The primary focus of these capital expenditures is the organic expansion into new, high-potential markets driven by existing customer demand and long-term trends.
- These newly established sites are in early stages of maturity and are expected to contribute to growing customer density, expanding margins, and increasing cash flow.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| EquipmentShare.com Stock Surges 43%, With A 6-Day Winning Spree | 06/19/2026 | |
| Buying EQPT at a Discount? You Are Getting Paid to Do It | 04/28/2026 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 87.52 |
| Mkt Cap | 5.0 |
| Rev LTM | 4,629 |
| Op Inc LTM | 537 |
| FCF LTM | 110 |
| FCF 3Y Avg | -150 |
| CFO LTM | 969 |
| CFO 3Y Avg | 1,146 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.0% |
| Rev Chg 3Y Avg | 6.3% |
| Rev Chg Q | 8.2% |
| QoQ Delta Rev Chg LTM | 1.8% |
| Op Inc Chg LTM | 1.6% |
| Op Inc Chg 3Y Avg | 1.9% |
| Op Mgn LTM | 10.8% |
| Op Mgn 3Y Avg | 16.5% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 22.9% |
| CFO/Rev 3Y Avg | 30.3% |
| FCF/Rev LTM | 0.2% |
| FCF/Rev 3Y Avg | -1.5% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Equipment Rental and Services Operations | 2,724 | 2,035 | 1,632 | 1,150 |
| Equipment Sales | 1,541 | 1,676 | 879 | 564 |
| All Other | 114 | 53 | 45 | 19 |
| Total | 4,379 | 3,764 | 2,556 | 1,733 |
| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Equipment Rental and Services Operations | 1,139 | 816 | 756 | 480 |
| Equipment Sales | 276 | 247 | 124 | 112 |
| All Other | -13 | -8 | -15 | -25 |
| Amortization expense on capitalized software and intangible assets | -23 | -12 | -6 | -2 |
| Equipment operating lease expense | -26 | -85 | -111 | -90 |
| Depreciation expense on property and other fixed assets | -42 | -27 | -9 | -4 |
| Depreciation expense on rental equipment | -300 | -293 | -280 | -205 |
| OWN Program payouts | -714 | -420 | -209 | -96 |
| Total | 297 | 218 | 250 | 170 |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.50 | 0.52 | 1.26 | 0.48 | 1.06 | 0.76 |
| Up Beta | 3.54 | 2.79 | 2.15 | 1.95 | -1.10 | -0.08 |
| Down Beta | 4.74 | 0.07 | 2.77 | -1.01 | -1.98 | 0.90 |
| Up Capture | 88% | -34% | -26% | -12% | -5% | -0% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 10 | 21 | 27 | 38 | 38 | 38 |
| Down Capture | 270% | -232% | 139% | 115% | 72% | 36% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 10 | 20 | 36 | 49 | 49 | 49 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EQPT | |
|---|---|---|---|---|
| EQPT | -38.0% | 83.1% | -0.98 | - |
| Sector ETF (XLI) | 27.2% | 16.5% | 1.28 | 37.0% |
| Equity (SPY) | 22.2% | 12.5% | 1.32 | 26.3% |
| Gold (GLD) | 20.2% | 27.8% | 0.65 | 11.9% |
| Commodities (DBC) | 21.3% | 18.6% | 0.90 | -12.8% |
| Real Estate (VNQ) | 15.6% | 13.6% | 0.82 | 13.3% |
| Bitcoin (BTCUSD) | -44.0% | 42.6% | -1.25 | 17.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EQPT | |
|---|---|---|---|---|
| EQPT | -9.1% | 83.1% | -0.98 | - |
| Sector ETF (XLI) | 14.2% | 17.6% | 0.64 | 37.0% |
| Equity (SPY) | 13.5% | 17.1% | 0.61 | 26.3% |
| Gold (GLD) | 17.2% | 18.3% | 0.76 | 11.9% |
| Commodities (DBC) | 7.1% | 19.5% | 0.26 | -12.8% |
| Real Estate (VNQ) | 2.9% | 18.8% | 0.05 | 13.3% |
| Bitcoin (BTCUSD) | 13.6% | 53.8% | 0.44 | 17.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EQPT | |
|---|---|---|---|---|
| EQPT | -4.6% | 83.1% | -0.98 | - |
| Sector ETF (XLI) | 14.5% | 20.1% | 0.64 | 37.0% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 26.3% |
| Gold (GLD) | 11.5% | 16.1% | 0.58 | 11.9% |
| Commodities (DBC) | 5.7% | 18.0% | 0.24 | -12.8% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 13.3% |
| Bitcoin (BTCUSD) | 55.0% | 66.4% | 0.95 | 17.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Recent Forward Guidance
Updated 5/31/2026Latest: Q1 2026 Earnings Reported 5/13/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 OEC | 10.15 Bil | 10.68 Bil | 11.20 Bil | 1.7% | Raised | Guidance: 10.50 Bil for 2026 | |
| 2026 Full-Service Rental Locations | 427 | 431 | 435 | 1.4% | Raised | Guidance: 425 for 2026 | |
| 2026 Total Revenue | 5.15 Bil | 5.36 Bil | 5.58 Bil | 1.9% | Raised | Guidance: 5.26 Bil for 2026 | |
| 2026 Rental Segment Revenue | 3.37 Bil | 3.50 Bil | 3.64 Bil | 1.6% | Raised | Guidance: 3.45 Bil for 2026 | |
| 2026 OWN Program Payouts | 906.00 Mil | 934.00 Mil | 962.00 Mil | 1.6% | Raised | Guidance: 919.00 Mil for 2026 | |
| 2026 Adjusted Core EBITDA | 1.88 Bil | 1.94 Bil | 2.00 Bil | 3.7% | Raised | Guidance: 1.87 Bil for 2026 | |
| 2026 Gross Rental Capex | 2.28 Bil | 2.39 Bil | 2.50 Bil | 7.9% | Raised | Guidance: 2.22 Bil for 2026 | |
| 2026 Net Rental Capex | 839.00 Mil | 879.00 Mil | 919.00 Mil | 10.0% | Raised | Guidance: 799.00 Mil for 2026 | |
| 2026 OWN Program % of OEC | 0.55 | 0.57 | 0.6 | 0 | 0 | Affirmed | Guidance: 0.57 for 2026 |
Insider Activity
Updated 6/17/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Schlacks, Jabbok | Co-Founder & CEO | Direct | Buy | 6172026 | 21.12 | 50,000 | 1,056,039 | 1,056,039 | Form |
| 2 | Schlacks, William J | Co-Founder & President | Direct | Buy | 6172026 | 21.47 | 50,000 | 1,073,500 | 1,073,500 | Form |
| 3 | Hill, W Bryan | Direct | Buy | 5202026 | 22.89 | 21,803 | 499,071 | 819,325 | Form | |
| 4 | Bhatia, Naveen | Direct | Buy | 5152026 | 24.22 | 10,000 | 242,200 | 7,556,640 | Form | |
| 5 | Marquardt, David | CFO & Chief Accounting Officer | Direct | Buy | 1272026 | 24.50 | 4,285 | 104,982 | 1,574,982 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Schlacks, Jabbok | Co-Founder & CEO | Direct | Buy | 6172026 | 21.12 | 50,000 | 1,056,039 | 1,056,039 | Form |
| 2 | Schlacks, William J | Co-Founder & President | Direct | Buy | 6172026 | 21.47 | 50,000 | 1,073,500 | 1,073,500 | Form |
| 3 | Hill, W Bryan | Direct | Buy | 5202026 | 22.89 | 21,803 | 499,071 | 819,325 | Form | |
| 4 | Bhatia, Naveen | Direct | Buy | 5152026 | 24.22 | 10,000 | 242,200 | 7,556,640 | Form | |
| 5 | Marquardt, David | CFO & Chief Accounting Officer | Direct | Buy | 1272026 | 24.50 | 4,285 | 104,982 | 1,574,982 | Form |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Diversified Support Services Resources |
| Facilities Management Journal (FMJ) |
| Supply Chain Brain |
| Corporate Services News |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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