In today’s briefing:
- United Rentals Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report
- United Rentals Inc.: Initiation of Coverage – Acquisition-Led Growth & Other Drivers
United Rentals Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report
- United Rentals is one of the largest equipment rental companies in the world, known for renting out construction, aerial and industrial equipment, general tools and light equipment.
- The company is operating in a favorable operational climate and its fleet productivity has been increasing as per recent results, resulting in a higher rental revenue.
- The demand for its equipment rental services is relatively high, even though some parts of the economy are slowing down.
United Rentals Inc.: Initiation of Coverage – Acquisition-Led Growth & Other Drivers
- This is our first report on United Rentals, one of the largest equipment rental companies in the world, known for renting out construction, aerial and industrial equipment, general tools and light equipment.
- The company’s fleet productivity increased by roughly 9%, while rental revenue increased by 20% year over year in the last quarter.
- The demand for its equipment rental services is relatively high, even though some parts of the economy are slowing down.
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