STAMFORD, Conn. & CARPINTERIA, Calif.--(BUSINESS WIRE)--United Rentals Inc. (NYSE: URI), the world's largest equipment rental company, and Procore Technologies (NYSE: PCOR), the leading global provider of construction management software, today announced a new strategic partnership and their first telematics integration. The integration enables shared customers to seamlessly bring United Rentals rental equipment data directly into the Procore Resource Management solution, expanding visibility a. ...

Our strong Q4 results are a direct reflection of our commitment to our key strategic priorities. As I reflect on our 2025 performance, I wanted to take a moment to highlight our achievements against each of the initiatives we laid out one year ago. Entering 2025, our highest priority was to accelerate organic rental growth, which we believe represents the stickiest and highest long-term driver of returns. For the full year 2025, we delivered $124,000,000 in rent revenues, representing 39% year over year gro ...

The Stamford, Connecticut-based United Rentals, Inc. (URI) is a global force in the equipment rental arena. With a market cap of approximately $57.3 billion, the company supplies construction machinery, aerial platforms, power and climate systems, trench safety solutions, and modular spaces. United Rentals has outpaced the broader market, reinforcing its relative strength. Over the past 52 weeks, URI stock has climbed 30.9%, and it added another 12.3% year-to-date (YTD). In contrast, the S&P 500 Index ($S ...

WillScot (WSC) reported $565.97 million in revenue for the quarter ended December 2025, representing a year-over-year decline of 6.1%. EPS of $0.29 for the same period compares to $0.49 a year ago.The reported revenue represents a surprise of +3.94% over the Zacks Consensus Estimate of $544.51 million. With the consensus EPS estimate being $0.33, the EPS surprise was -12.91%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Company Overview - Herc is a leading full-line equipment rental supplier in North America, with a mission to support customers and communities [3] - The company has experienced a compound annual growth rate (CAGR) of nearly 10% over the past 10 years since going public [3] - Herc has a diverse customer base, with no single customer accounting for more than 3% of its business and no vertical representing more than 10% [4] Workforce and Operations - The company employs approximately 9,600 individuals following the acquisition of H&E Equipment in June [4] - Herc operates over 600 locations across North America, enhancing its service capabilities [4]

Company Overview - Herc Rentals is a leading full-line equipment manufacturer and rental supplier in North America, operating with a purpose-driven mission and values [4]. Leadership Introduction - The session features key executives from Herc Rentals, including Larry Silber (President and CEO), Mark Humphrey (Senior Vice President and CFO), and Leslie Hunziker from the Investor Relations team [2].

Core Insights - The company emphasized safety as a key integration element, achieving over 97% "perfect days" in operations for 2025 and maintaining a total recordable incident rate better than the industry benchmark of 1.0 [1] - The integration of the H&E acquisition is progressing well, with management highlighting operational initiatives aimed at driving revenue and cost synergies, and providing initial financial guidance for 2026 [7] Integration and Operational Efficiency - The company onboarded 2,500 new team members into its health and safety program in the second half of 2025 [1] - Employee productivity increased year-over-year on a pro forma basis in 2025, supported by unified systems and standardized processes, with cost synergies tracking ahead of plan [2] - Sales integration is progressing with investments in training and CRM systems, leading to early cross-selling success [3] - Fleet integration involved restructuring combined assets by category, class, age, and location to improve flexibility and time utilization [4] - The branch network is being optimized by consolidating general rental equipment in overlapping markets and adding specialty fleet to other locations, with 80% of planned branch optimization completed by the fourth quarter [5] Financial Performance - Fourth-quarter equipment rental revenue increased about 24% year-over-year on a GAAP basis, driven by the H&E acquisition and strong contributions from mega projects [8] - Adjusted EBITDA increased 19% compared to the prior-year quarter, supported by higher rental revenue and a 53% increase in used equipment sales [8] - The company reported net income of $69 million, or $2.07 per share, on an adjusted basis [10] Fleet Management and Cash Flow - The company rebalanced the combined fleet within six months to improve capital efficiency, with second-half 2025 fleet expenditures roughly 22% higher than the same period in 2024 [12] - In the fourth quarter, the company recorded $342 million of disposals at original equipment cost, with realized proceeds equal to 44% of OEC [13] - For the year ended December 31, 2025, the company generated $521 million of free cash flow net of transaction costs [14] 2026 Guidance and Market Outlook - Initial 2026 guidance includes gross capital expenditures of approximately $950 million, with net CapEx expected to be around $650 million [15] - The company forecasts rental revenue growth of 13% to 17% for 2026, with incremental revenue synergies of about $100 million to $120 million expected [17] - Management anticipates Adjusted EBITDA of $2.0 billion to $2.1 billion, reflecting profitable growth of 10% to 16% [18] - The company expects to complete integration by the end of the first quarter of 2026, with over 50 additional specialty locations planned to be opened [19] - Local markets are expected to be "relatively neutral" in 2026, with government and infrastructure projects offsetting moderate commercial sector activity [20]

Completed the largest acquisition in industry history (H&E), focusing on a disciplined integration that preserved organizational strengths while moving with urgency on technology and leadership transitions. Expanded the field operating structure to 10 U.S. regions and transitioned acquired branches to Herc's technology stack in record time to ensure scalability. Optimized the branch network by consolidating general rental equipment to create space for a 25% increase in stand-alone or co-located specia ...

Core Insights - The company has successfully integrated a significant acquisition, enhancing its operational scale and capabilities while focusing on customer service and integration priorities [2][11][25] Integration and Operational Focus - The integration process has involved expanding the field operating structure to 10 U.S. regions and optimizing sales territories, which has been crucial for operational continuity and scalability [1][5] - The company has completed 80% of its planned branch optimization, which is expected to be finalized next month, positioning it for improved performance in 2026 [6][25] - The salesforce integration is progressing well, with investments in training and CRM systems leading to better customer engagement and early cross-selling success [7][8] Financial Performance - For the fourth quarter, equipment rental revenue increased by 24% year-over-year, driven by the acquisition and strong contributions from mega projects [14] - Adjusted EBITDA rose by 19% compared to the previous year, although margins were impacted by lower fixed cost absorption and acquisition-related costs [15][16] - The company expects adjusted EBITDA for 2026 to be between $2 billion and $2.1 billion, reflecting profitable growth of 10% to 16% [23] Revenue and Cost Synergies - The company anticipates generating approximately $100 million to $120 million in incremental revenue synergies in 2026, alongside $125 million in cost synergies [22][23] - Cost synergies are tracking ahead of plan, contributing to improved REBITDA margins across the rental revenue guide [9][22] Market Outlook and Growth Strategy - The company is positioned to capture significant growth opportunities in the equipment rental market, particularly through its expanded specialty fleet and new branch locations [12][30] - The outlook for 2026 includes a focus on local and national account diversification, with expectations of stable demand in local markets and robust funding for large-scale projects [31][34] - The company is targeting a rental revenue growth rate of 13% to 17% for the year, with a strategic emphasis on capital efficiency and fleet optimization [20][21] Safety and Compliance - Safety remains a core priority, with the company achieving over 97% of days as "perfect" in its operations and maintaining a total recordable incident rate better than the industry benchmark [10][9]

Herc Rentals Team and Agenda Chief Executive Officer Aaron Birnbaum President Q&A Larry Silber Mark Humphrey Senior Vice President & Chief Financial Officer Scaling for Sustainable Growth Q4 AND FULL YEAR 2025 EARNINGS CONFERENCE CALL February 17, 2026 Leslie Hunziker Senior Vice President Investor Relations, Communications & Sustainability Agenda Safe Harbor FY 2025 Overview Q4 Operations Review Q4 Financial Review 2026 Outlook Herc Holdings Inc. NYSE: HRI Q4 2025 2 Safe Harbor Statements and Non-GAAP Fina ...