United Rentals M&A and 4Q Results Presentation
Consistent free cash flow generation
Free Cash Flow($M)¹ - 10-Yr Average
$2,500
$2,100
$1,700
$1,300
$900
-5-Yr Average
$2,454
$1,750
$1,592
$1,334
$1,195
$924
$983
$500
$574
$421
$335
$367
$227
$100
$23
($73)
-$300
(3)
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021F
~ $7.6B of free cash flow generated over last 5 years"
(2)
Notes:
(1) Free cash flow is a non-GAAP measure. See tables provided elsewhere in this presentation for reconciliations to the most comparable GAAP measure. Merger and restructuring related payments were first reported for 2012. The information required to
determine the amount of merger and restructuring related payments for periods prior to 2012 is unavailable without unreasonable effort. Free cash flow for 2012 and subsequent periods above excludes merger and restructuring related payments.
Reflects 5 year period from 2016 to 2020, excluding merger and restructuring related payments.
(2)
(3)
2021 F reflects the mid-point of guidance.
United Rentals®
United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. 2021 United Rentals, Inc. All rights reserved.
35View entire presentation