Investor Presentaiton
Historical EBITDA and Adjusted EBITDA GAAP
Reconciliations ($M) (cont'd)
Net cash provided by operating activities (9)
Adjustments for items included in net cash provided by operating activities
but excluded from the calculation of EBITDA:
Loss from discontinued operation, net of taxes
Amortization of deferred financing costs and original issue discounts
Gain on sales of rental equipment
(Loss) gain on sales of non-rental equipment
Insurance proceeds on damaged equipment (10)
Gain (loss) on sale of software subsidiary (7)
2009
2010
2011
$ 438 $ 452 $ 612 $
2012
721
2013
2014
2015
$ 1,551 $ 1,801 $1,987
2
4
(17)
(23)
(22)
(23) (21)
7
41
66
125
176
2
2
|Êę༅།
(17
229
6
|
YTD
2016 2017 2018
2019
2020
2021
2022
$1,941 $2,209 $ 2,853 $ 3,024
$ 2,658
$ 3,689
$3,182
227
|
| ༄8
|ཥྱསྨ➢ |
|
(10
(9
(9 (12)
(15)
(14)
(13)
204
220 278
313
332
431
325
8
4
4
6
6
8
10
8
13
12
21
22
24
40
40
25
|@ཙྪ॰8 |
(9)
6
25
8
Merger related costs (2)
Restructuring charge (3)
(31)
Stock compensation expense, net (8)
(8)
Gain (loss) on extinguishment of debt securities, and amendments of debt
facilities
7
Loss on retirement of subordinated convertible debentures (1)
13
| |
|
(34)
(8)
(12)
(28)
| Êསྱེ ཆྱེ སེ
(1)
|
|
1
(19) (111)
(9)
(11
26
(19) (99) (12)
1
(6
(32)
(46)
(74
(49
(72)
(1)
(80
(123 (101
1
(2)
Excess tax benefits from share-based payment arrangements (11)
Changes in assets and liabilities
(58)
65
49
571
31
182
Cash paid for interest, including subordinated convertible debentures (1)
Cash paid (received) for income taxes, net
234
229
203
371
461
457
3
(49)
24
40
48
100
EBITDA
589
649
879
1,501
2,181
2,599 2,774 2,665
ཡ ཙྩཊྛ॰ཊྛ
5
194
129 124
170
241
(328)
(191)
447
357 455
581
483
391
339
60
205
71
238
318
202
295
2,895 3,628 4,200
3,796
4,253
3,860
ཙྪིཆེདྨེ⌘ ། ྃ ཆེདྡྷེ །
5555
(50 (36)
☐
(1)
(50 (31)
(18)
(17)
(87 (102) (61)
(70)
བྱེབྱེ }
(3)
(2)
(119)
(95)
(54
(61) (183)
(30)
(17)
|
|
1
1
Add back:
Merger related costs (2)
Restructuring charge (3)
Stock compensation expense, net (8)
Impact of the fair value mark-up of acquired fleet (6)
(Gain) loss on sale of software subsidiary (7)
Adjusted EBITDA
United Rentals®
19
111
31
34
19
°° |
8
8
12
INT
18
9
11
(26)
50
60
36
36
1
3
99
32
37
24
12
(1)
6
14
50
5
31
46
74
49
45
87 102
44
35
29
35
82
66
8011
18
17
2
61
70
119
95
75
49
37
16
$ 628 $
(8)
1
691 $ 929 $ 1,772 $2,293 $2,718 $ 2,832 $ 2,759 $ 3,164 $3,863 $ 4,355
United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902.2022 United Rentals, Inc. All rights reserved.
---
$ 3,932
---
$ 4,414
$ 3,971
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