Driving Digital Transformation and Shareholder Value
Fleet productivity: historical results")
As Reported Historical Results
Actual YoY Change in
Average OEC
Assumed YoY Impact of
OEC Inflation on Rent Rev
Fleet
Productivity (2)
Contribution from
Ancillary and Re-Rent
Reported YoY Change
in Rental Revenue
1Q 2016
2.8%
(1.5%)
(2.3%)
0.3%
(0.7%)
2Q 2016
1.6%
(1.5%)
(1.7%)
0.3%
(1.3%)
3Q 2016
1.7%
(1.5%)
(1.1%)
0.5%
(0.3%)
4Q 2016
2.6%
(1.5%)
0.8%
(0.3%)
1.6%
1Q 2017
3.9%
(1.5%)
1.4%
0.6%
4.4%
2Q 2017(3)
14.3%
(1.5%)
0.7%
*
(NES)
0.1%
13.5%
3Q 2017
15.7%
(1.5%)
1.7%
0.3%
16.2%
4Q 2017 (3)
27.5%
(1.5%)
0.5%
* (Neff)
0.3%
26.8%
1Q 2018
27.7%
(1.5%)
(0.8%)
(0.3%)
25.1%
2Q 2018
16.2%
(1.5%)
4.5%
0.1%
19.3%
3Q 2018 (3)
19.5%
(1.5%)
2.3%
*
(BakerCorp)
0.8%
21.2%
4Q 2018 (3)
18.8%
(1.5%)
1.5%
*
(BlueLine)
2.0%
20.8%
1Q 2019
23.7%
(1.5%)
(1.3%)
2.1%
23.0%
2Q 2019
23.2%
(1.5%)
(3.1%)
1.6%
20.2%
3Q 2019
18.1%
(1.5%)
(1.3%)
0.1%
15.4%
4Q 2019
7.6%
(1.5%)
(2.4%)
0.0%
3.7%
1Q 2020
2.2%
(1.5%)
(1.2%)
(0.2%)
(0.7%)
(1)
(2)
Provided on an As Reported basis, except as otherwise noted.
Fleet Productivity reflects the combined impact of changes in rental rates, time utilization, and mix that contribute to Owned
Equipment Rental revenue (OER).
(3) Denotes quarter in which URI closed a material acquisition (NES = 2Q17; Neff = 4Q17; BakerCorp = 3Q18; BlueLine = 4Q18).
United Rentals
9
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