2022 Financial Outlook
U.S. equipment rental industry overview
Combined U.S. General Rental and Construction
& Industrial Equipment Rental Market Size ($bn)
Growth of the U.S. equipment rental market has
sharply outpaced underlying private non-res activity
$55
Peak-to-
24-year
10-year
$50
CAGR
CAGR
Peak
CAGR
4.9%
5.0%
$45
3.3%
$40
$35
$30
$25
$20
$15
$10
$5
$0
United RentalsĀ®
2012
2013
2014
2015
2016
2017
2018
350%
300%
250%
200%
150%
100%
50%
0%
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Indexed growth: US Equipment Rental Market
Indexed growth: Total US Non-Res Construction
Equipment rental value proposition continues to drive secular penetration
Sources: Company reports, ARA, RER, and U.S. Census Bureau (based on most current data available).
United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902.2022 United Rentals, Inc. All rights reserved.
Largest players capturing a growing
share of the U.S. equipment rental market
Top 10 U.S. Rental Companies as % of Total Industry Revenues
2015
2016
2017
2018
2019
2020
2021
45%
40%
40%
38%
36%
35%
32%
30%
30%
25% 20%
20%
22% 23% 24%
26% 27% 27%
15%
10%
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
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