United Rentals Earnings Reconciliation and Strategic Vision
Company overview
Market Share
#1 Market Share (1)
• 2022 total revenue $11.64 billion (+19.8% Y/Y)
•
2022 adjusted EBITDA (2) $5.62 billion (+27.3% Y/Y; 48.3% margin)
1,487 locations across North America (3)
Other
66%
.
1,341 branches in the U.S.; locations in 49 of 50 states
Herc 4%
Sunbelt
13%
• 146 branches in Canada; locations in all 10 provinces
United Rentals
•
17%
•
•
14 European branches in France, Germany, the United Kingdom,
the Netherlands and Belgium
23 branches in Australia
19 branches in New Zealand
$20.6B of fleet comprised of 1,010,000 units (4)
Highly diversified product and end-market mix
Team of approximately 25,750 employees (5)
United Rentals is the North American equipment rental leader
1)
North American market share is based on 2022 actual or estimated rental revenues (for United Rentals, including the standalone, pre-acquisition revenue of
Ahern Rentals) and American Rental Association ("ARA") industry estimates.
3)
4)
As of June 30, 2023. Total branch count 1,543, including the foreign locations noted.
As of June 30, 2023. Average fleet age 52.0 months.
2)
Adjusted EBITDA is a non-GAAP measure. See the tables provided elsewhere in this presentation for reconciliations to the most comparable GAAP measures.
5)
As of June 30, 2023.
United Rentals®
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