United Rentals Earnings Reconciliation and Strategic Vision
Our customers and the benefits of renting vs. owning
Customer Mix*
Why Customers Rent Instead of Buy
Residential construction
Multi-Family
Industrial
& Other
5%
Power / Utilities
• Manufacturing
Downstream
Metals & Mining
Chemicals
.
Conserve capital / focus on core business
•
.
•
The right equipment for any job/availability
Reliability/reduce downtime
Control expenses and inventory
Outsourced maintenance (labor)
47% Verticals
•
Outsourced pick-up/delivery (labor)
Non-residential
48%
Food & beverage
•
Save on storage/warehousing
construction
Pulp & paper
•
24/7 customer care/support
Private non-res
•
Public non-res
Infrastructure
Oil & gas
Entertainment
Biotech & Pharma
Disaster response
Save on disposable costs
Manage risks: regulatory, obsolesce, etc.
Customers with diverse needs derive many benefits from renting
*Note: Based on 2022 full-year rental revenue.
United Rentals®
Work United®
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