5 Largest Equipment Rental Companies in the World

1. United Rentals (NYSE:URI)

Total revenue of the company in 2019 (in millions of dollars): 8,322

Total revenue of the company in 2018 (in millions of dollars): 7,028

Topping the list of the 5 largest equipment rental industries in the world is United Rentals, which has maintained this ranking for a few years. It is heads and shoulders above the other companies in this list, and could break the $10 billion barrier in a few years. It showed a stunning increase in revenue of 18% year on year. It has around 13% of the total North American market share, showings its strength and influence in the industry.

Founded 23 years ago in 1997, United Rentals is headquartered in Connecticut, America and has approximately 660,000 rentals which are worth around $14.2 billion as well as 18,800 employees and has nearly 1,200 locations across 49 states in the US as well as Canada, Puerto Rico and four countries in Europe as well. The company has organic growths, but has mainly grown due to acquisitions and offers specialty, general and aerial equipment, while its main customers include industrial and construction companies. It also offers after service sales and safety training as well. Its assets crossed the $15 billion mark back in 2017 while it regularly records income of more than $1 billion.

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