Ashtead Group Results Presentation Deck
US CONSTRUCTION MARKET OUTLOOK
300
250
200
150
100
50
2005
2007
2009
2011
2013
Source: Dodge Data & Analytics (February 2022)
190
170
150
130
110
90
70
Dodge construction starts
Indexed: 2000-100
50
2002 2004 2006 2008
Source: Dodge Data & Analytics (February 2022)
15 Nine month results ¦ 31 January 2022
muu
2010
2015
2017
2012
mu
Dodge momentum index
Indexed: 2000=100, seasonally adjusted
2019
2021
2014
2023
тетрит
2016
2025
2018
2020
2022
Construction put in place ($bn)
Non-residential
2019
■
529
285
814
551
1,365
+2%
■
2020
2021 2022 2023 2024
519
481
526
295
290
294
814
771
820
618 714 738
1,432 1,485 1,558
+4% +5%
Non-building
Construction (excl. resi)
Residential
Construction (total)
Construction growth
Rental market ($bn)
Rental¹
51
46
56
48
53
Rental growth
+4% +10% +6%
Source: Dodge Data & Analytics (December 2021) / IHS Markit (February 2022)
1 Excluding party and event
+6%
-9%
Dodge momentum index remains strong
+5%
563
588
315
345
878
933
854
805
1,683 1,787
+8%
+6%
58
+3%
2025
609
368
977
892
1,869
+5%
59
+3%
▪ Infrastructure package passed into law and nature and composition
will favour rental and the larger rental companies in particular
The known and forecasted construction volume will result in a strong
demand market for the years to come
Notable presence of larger projects
Ashtead
groupView entire presentation