EquipmentShare targets $6.41B valuation in US IPO

Construction technology firm EquipmentShare.com is preparing to go public, targeting a valuation of up to $6.41 billion in its upcoming US initial public offering.

The Columbia, Missouri–based company plans to raise as much as $777.8 million by offering 30.5 million shares priced between $23.50 and $25.50 each.⁽¹⁾ The offering comes as activity in the US IPO market regains momentum following strong equity markets and recent interest rate cuts.

Founded in 2015, EquipmentShare operates a nationwide construction equipment rental and services business, enhanced by its proprietary jobsite technology platform known as T3. The company provides equipment rental, resale, servicing and data-driven tools designed to improve efficiency across construction sites.

EquipmentShare currently operates 373 locations across 45 US states, employs more than 7,500 people and plans to expand to 700 rental sites within the next five years. Since its founding, the company has delivered approximately 140% compound annual revenue growth.

Financial performance has continued to improve heading into the IPO. EquipmentShare expects net income of $5 million to $15 million in 2025, up from $2.4 million the previous year, reflecting the scalability of its platform and expanding footprint.

The IPO will be led by Goldman Sachs, UBS Investment Bank and Wells Fargo, with EquipmentShare set to list on the Nasdaq under the ticker EQPT.

Retail investors can access the IPO before shares begin trading publicly. Robinhood is offering eligible users the opportunity to request shares at IPO prices through its IPO section.

To participate, investors can open the Robinhood app, navigate to the IPO tab and request an allocation.

For more details on the company and how to take part, visit Finder’s EquipmentShare IPO guide, and sign up for our Market Briefing newsletter to get the top market stories before the bell.

Related stocks: How the sector’s leaders have done over the past year

Curious how related stocks have performed in the Rental & Leasing Services industry? Here are the top three by market cap:

• United Rentals (URI). ~$60B market cap; +41% 1-year total return.
• FTAI Aviation (FTAI). ~$26B market cap; +47% 1-year total return.
• AerCap Holdings N.V. (AER). ~$24B market cap; +55% 1-year total return.

Source: Stock Analysis for related stocks and 12-month performance, accurate as of January 13, 2026.