Rental & leasing services
13 companies · $53.0B combined revenue · $12.7B operating profit
The typical US-listed rental & leasing services company grew revenue 3.6% and earnings -14.7% in its latest year, at a 20.2% operating margin, and 1 of 7 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.
Growth engines: the 4 Cylinders
All four working: 0% of companiesA company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.
- Sales growth · Revenue up 10% or more15%
- Operating leverage · Operating income growing faster than a growing revenue22%
- Margin expansion · Operating margin up 1 point or more30%
- Debt reduction · Debt down 5% or more, or net cash17%
Combined revenue · 13 companies reporting in US dollars
Combined operating margin
All 13 companies
| Median | – | 3.6% | -14.7% | 20.2% | 4.9% | 2.38x |
| URIUnited Rentals | $3.7B | 3%▼ | -3.1%▲ | 108%▲ | 15.3%▲ | 1.77x▲ |
| SUNBSunbelt Rentals | $2.5B | 4.4%▲ | -14.7% | 86.9%▲ | 11%▲ | 1.02x▲ |
| AERAerCap | $8.5B | 6.5%▲ | 78.7%▲ | 71.3%▲ | – | 2.38x |
| FTAIFTAI Aviation | $2.5B | 44.5%▲ | 5671%▲ | – | – | 10x▼ |
| UHALU-Haul | $761M | 3.6% | -77.4%▼ | 56.8%▲ | – | 1.07x▲ |
| RRyder System | $12.7B | 0.2%▼ | 2%▲ | – | – | 2.50x▼ |
| HRIHERC | $862M | 45.6%▲ | -99.5%▼ | – | – | 4.12x▼ |
| CARAvis Budget | $11.7B | -1.2%▼ | – | -8%▼ | -3.3%▼ | – |
| EQPTEquipmentShare.com | $2.0B | 3.2%▼ | 1233%▲ | 14.6%▼ | 5.8%▲ | 6.20x▼ |
| WSCWillScot | $2.3B | -4.8%▼ | -288%▼ | 8%▼ | 3.5%▼ | 4.15x▼ |
| MGRCMcgrath Rentcorp | $944M | 3.7%▲ | -32.5%▼ | 25.8%▲ | – | – |
| BGSIBoyd Group Services | $3.1B | 2.4%▼ | -25%▼ | 3.1%▼ | 2.9%▼ | 0.21x▲ |
| CTOSCustom Truck One Source | $1.4B | 6.4%▲ | – | 8.6%▼ | 4.9% | 2.03x▲ |
▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).