United Rentals(US:URI)2022-07-28 20:04Company Overview - United Rentals is the North American equipment rental leader with 15% market share[12] - The company has 1,331 locations across North America, including 1,188 branches in the U S and 143 in Canada as of June 30, 2022[12,19] - United Rentals' total revenue for 2021 was $9 72 billion, a 13 9% year-over-year increase[12] - Adjusted EBITDA for 2021 was $4 41 billion, with a 45 4% margin, a 12 3% year-over-year increase[12] - The company's fleet is valued at $16 6 billion, comprising 845,000 units as of June 30, 2022[12] Financial Performance & Growth - The company has demonstrated strong revenue growth with a 10-year CAGR of 14 0%[27] - Adjusted EBITDA has also shown powerful growth, with a 10-year CAGR of 16 9%[27] - Adjusted EPS has seen significant growth, with a 10-year CAGR of 28 0%[27] - Specialty revenue represented almost 28% of total revenue in 2021, amounting to approximately $2 7 billion[80] ESG Initiatives - The company is aiming for a 35% reduction in greenhouse gas (GHG) emissions intensity by 2030, achieving a 9% reduction in 2021 compared to the 2018 baseline[98] - United Rentals is targeting 40% diverse representation in sales and management job groups by 2030, with progress from 26 8% in 2018 to 31 3% in 2021[107]