Capital Allocation and Digital Strategy Update
Our customers and the benefits of renting vs. owning
Customer Mix*
Why Customers Rent Instead of Buy
Residential construction
Multi-Family
Industrial
& Other
.
Conserve capital / focus on core business
•
The right equipment for any job/availability
46% Verticals
5%
Power / Utilities
• Manufacturing
Downstream
Metals & Mining
Chemicals
.
Reliability/reduce downtime
•
Control expenses and inventory
•
Outsourced maintenance (labor)
•
Outsourced pick-up/delivery (labor)
Non-residential
49%
Food & beverage
.
Save on storage/warehousing
construction
Pulp & paper
•
Private non-res
Oil & gas
24/7 customer care/support
•
Public non-res
Infrastructure
Disaster response
•
Save on disposable costs
Entertainment
•
Manage risks: regulatory, obsolesce, etc.
Biotech & Pharma
Customers with diverse needs derive many benefits from renting
*Based on 2023 rental revenue.
United Rentals®
Work United®
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