Capital Allocation and Digital Strategy Update
Strong track record of powerful financial performance
Total Revenue ($M)
+12.2% +4.0%
2023 5-Year CAGR 2024 Implied Growth
Adjusted EBITDA (1) ($M)
+12.2%
+2.5%
2023 5-Year CAGR 2024 Implied Growth
Adjusted EPS (1)
+20.2% +23.6%
2023 5-Year CAGR 2023 10-Year CAGR
$15,000
$10,000
$5,000
(1)
(2)
$8,000
$6,000
$4,000
$35
$30
$25
$20
$15
$10
$2,000
$5
$0
$0
$0
2018 2019 2020 2021 2022 2023 2024F
(2)
(2)
2018 2019 2020 2021 2022 2023 2024F
2018 2019 2020 2021 2022 2023
Strong Growth and Margins Have Driven Powerful Earnings Growth Over the Last Decade
Adjusted EBITDA and Adjusted EPS are non-GAAP measures. See the tables provided elsewhere in this presentation for reconciliations to the most comparable GAAP measures. Adjusted EPS is not forecasted.
2024F reflects the mid-point of guidance.
United Rentals®
Work United®
| 28View entire presentation