EquipmentShare.com Inc (EQPT) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, EQPT scores 40 out of 100 and carries a letter grade of D-, with the verdict label "Roarable Sell — Vulnerable Balance Sheet & Flow." Across the five pillars, the fundamental cash engine scores 8 of 20 (ROIC 6.7%; FCF yield 3.74%), indicating thin returns on invested capital relative to the cash the business generates. Whale 13F flow scores 9 of 20 for institutional accumulation and options positioning, a below-midpoint read on smart-money support. Insider conviction scores 11 of 20 on SEC Form 4 and Congressional PTR cluster flow, the strongest of the five pillars but still below half. Macro regime fit scores 5 of 20 (Beta 1.12; sector sensitivity), signaling that the stock is expected to move more than the market and is exposed to sector conditions. Forensic balance sheet scores 7 of 20 (Altman Z 1.22; Piotroski F 7/9; Debt/Equity 6.19), which is the clearest warning in the rating given the heavy leverage shown in the financials.

For a prospective investor evaluating the stock today, the upside case rests on improving operating momentum and a valuation that the source data does not frame as cheap on earnings: the stock trades at a P/E (TTM) of 115.2 against EPS (TTM) of 0.16. The trade-off is that the rating highlights a fragile balance sheet, debt of $3268.0M against cash of $306.0M, and a net margin of 2%, leaving little cushion if flow or sector conditions deteriorate. This is an analytical read of the rating components, not personalized financial advice.

EquipmentShare.com Inc (EQPT) is a NASDAQ-listed issuer classified in the Consumer Discretionary sector and Diversified Commercial Services industry. Per the source profile, the company operates in the commercial services space with a market capitalization of $4.6B. Not available in source data: specific product lines, customer segments, and revenue monetization model.

Profitability is thin: gross margin is 60.7%, operating margin 14.6%, and net margin 2%, with ROIC of 6.7%. The Altman Z-Score is 1.22 and the Piotroski F-Score is 7/9 per the Roarable RQD rating. Debt/Equity is 6.19, and reported debt rose from $592.8M (FY 2023) to $3268.0M (FY 2025) while cash declined from $407.0M to $306.0M over FY 2024–FY 2025, indicating a leveraged posture.

Per the recent news feed, headlines include a short-report dispute ("Short Report Fight Continues," YELLOW), a headquarters expansion groundbreaking (YELLOW), a 2026 forecast boost tied to rental network performance (Benzinga, YELLOW), a "raised outlook" pop (TradingView, GREEN, CATALYST), a revenue-composition piece (Moomoo, YELLOW), and a MarketBeat report of shares down 8.3% (YELLOW). Risk watch items are the short-report controversy and the 8.3% decline; the strongest positive catalyst is the raised outlook. Per the Butterfly Supply-Chain Graph, no supply chain is mapped (supply_chain: NONE) and no proprietary signals are listed.

• What is the composition of the debt increase from $592.8M to $3268.0M, and what are its maturities and rates?
• What were the outcomes and substance of the short-report dispute referenced in the news flow?
• Why are FY 2024 and FY 2025 net income so low ($3.0M and $40.0M) against operating income of $218.0M and $297.0M?
• What drives the 115.2 P/E multiple on EPS of 0.16, and how do the reported EPS values (N/A) reconcile?
• Which institutional and insider holders stand behind the flow scores, given that holder data is unavailable?