United Rentals : First Quarter 2025 Investor Presentation

Published: 2025-04-23 16:54:04 ET URI

First Quarter 2025 Investor Presentation

Contents

I 3

1 CompanyOverview

Company Overview

Market leader with size, scale, and strategy to sustain meaningful competitive advantages

Relentless focus on the customer, fueling deep and lasting relationships

Proven ability to win through excellence in people, process, and technology

Resilient business model underpinned by diverse portfolio, growing end-market demand, strong cash flow

generation, and ample financial flexibility

Clear strategy to maximize value creation by balancing top-linegrowth, margin improvement, and

prudent capital allocation

I 5

United Rentals at a Glance

#1 Market Share(1)

Other

70%

15%

$15.3B

2024 total revenue

(+7.1% YoY)

$7.2B

2024 adjusted EBITDA(2)

(+4.4% YoY)

46.7%

2024 adjusted EBITDA Margin(2)

(NYSE: URI)

1997

~27,300

Founded

Employees(3)

Stamford, CT

1,697

Headquarters

Global Branch Locations(3)

~$21B

1,601

Fleet Size(3), (4)

North American Locations(3)

51.4

33.4%

Average Fleet Age in

% Specialty Revenue(5)

Months(3)

Market Leader in an Industry Where Size and Scale Are Differentiators

I 6

Our purpose, vision, and values

Purpose

Build a better future together

Vision

To be the best partner for worksite safety, productivity, and sustainability

Values

Safety First

Visible

Customer-

Absolute

Community-

Continuous

Sustainability

Passion for

Leadership

Driven

Integrity

Minded

Innovation

People

United in Our Commitment to Customers, Communities, and Each Other

I 7

Continuing our strategic journey

1997-2008

Become a

Market Leader

Executed ~250 acquisitions to strengthen North American presence

Saw strong tailwinds from residential construction boom

2009-2013

Transform

the Core

Improved returns through financial and operating discipline

Focused on national accounts and customer branch operations - Operation United

Acquired and integrated RSC

2014-2022

Grow

the Core

Continued build-up of

GenRent platform

Expanded specialty and adjacent product lines to offer one-stop shop for customers

Developed services businesses and solutions to improve value prop

Extended digital capabilities to better serve customers and drive internal efficiency

2023 & BEYOND

Leverage and Extend Competitive Advantages

Building a Better

Future Together

Being the Best Partner for Safety, Productivity, and Sustainability

History of Strategic Execution

I 8

How we win | Our competitive advantages

Creating Layers of Value Around the Customer Relationship

Enabled by…

Breadth of

Technology

Solutions to Meet

to Drive Seamless

Customer Needs

Experiences

Data & Insights

Deep Expertise

to Foster Worksite

Backed by People-

Performance

Focused Culture

Tailored Go-to-Market Models to Serve Customers of All Sizes

Extending Our Leadership Position Supported by Our Team of ~27,300

Note: Headcount as of March 31, 2025.

I 9

Customers know we have the resources they need

Aerial

Forklifts

Dirt

Trucks

Power

Mobile Storage

Fluid

Compressors

Lighting

Other

Industry-leading Fleet(1)

Enabling Profitable Growth at Scale

~$21B; ~1M units

Solutions

Expertise

Largest Operational Footprint in the Industry with Multiple Capabilities to Serve Customer and Market Needs

(1) Fleet data as of March 31, 2025. Average fleet age 51.4 months. Graph values based on OEC.

I 10

Disclaimer

United Rentals Inc. published this content on April 24, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 23, 2025 at 20:53 UTC.