Latest news with #UnitedRentals
Yahoo
5 hours ago
- Business
- Yahoo
North American Power Rental Market Report 2025, Profiles of United Rentals, Aggreko, Sunbelt Rentals, Caterpillar, and Herc Rentals
The North American Power Rental Market, worth $2.8 billion in 2024, is projected to soar to $4.4 billion by 2031, driven by robust oil & gas activity, grid instability, and mega projects. Key players include United Rentals, Aggreko, and Sunbelt. Diesel and natural gas generators, especially in the Permian Basin, cater to rising demand from data centers and utilities amidst aging infrastructure and severe weather. The comprehensive report provides insights into market size, growth drivers, and trends from top companies. Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "2025 North American Power Rental Market" report has been added to offering. The North American Power Rental Market reached $2.8 billion in 2024 and is forecasted to grow to $4.4 billion by 2031. The market expanded by 9.6% between 2024 and 2025, propelled by a combination of sustained oil & gas activity, grid modernization needs, and surging demand from large-scale infrastructure projects. This research report includes market size, growth rates, vertical end-user split, competitive market share data and revenue forecasts from 2024-2031 for the United States and Canada. The study is a comprehensive analysis including market share splits by fuel type (diesel, natural gas, others), output power, application, end user group and rental provider. Furthermore, profiles of key companies, growth drivers, restraints, challenges, and quotations from industry participants are also included in this analysis of the temporary power opportunity. The North American Power Rental Market is mature and competitive with the presence of regional and national market participants trying to get a strong foothold in the market. Growth is fueled by strong oil & gas activity, grid instability, and mega projects. United Rentals, Aggreko, and Sunbelt lead a highly consolidated and competitive market. Oil & gas remained one of the top drivers, accounting for 20% of total market revenues in 2024. The segment continues to demand reliable rental solutions across exploration, production, and midstream activities, especially in off-grid locations. Concurrently, aging utility infrastructure and more frequent weather-related outages elevated the need for temporary power across North America. Other key growth segments include industrial and construction, with data center expansion and federally backed mega projects boosting long-term rental opportunities. Despite regulatory and cost pressures from Tier 4 Final emissions standards, demand remains strong for diesel and natural gas generators. Notably, natural gas units now represent 30% of the market, favored for their lower emissions and fuel flexibility. United Rentals, Aggreko, Sunbelt Rentals, Caterpillar, and Herc Rentals were the top five players in 2024. Other companies included in the report are H&E Equipment Services, EquipmentShare, Sunstate Equipment Co., PowerSecure, Mesa Solutions, VoltaGrid, Enchanted Rock, Electro-Motion, and others. Report Scope This study captures the following information on North American Power Rental Market: Market Size, Growth Rate, Revenue Forecasts (2024-2031) Growth Drivers & Restraints Market Revenues by Fuel Type (Diesel, Natural Gas, Others) Market Revenues by Output (less than 100kw, 100-500kw, 500.1-1000kw, over 1000kw) Market Revenues by Application (Prime, Standby, Peak Shaving) Market Revenues by End User 2024 and estimated 2031 (Industrial, Oil & Gas, Construction, Utility, Commercial, Entertainment, Others) Quotes by Key Industry Participants Market Share Analysis Market Trends Key Topics Covered: I. Research Scope, Methodology II. Segmentation by Type of Fuel, Application, End-user, and Output Range III. Executive Summary Revenues by end-user Major Data Points North American Power Rental Market Revenues, 2024 & 2031 Major trends Market drivers Market restraints Main market participants IV. Strategic Recommendations & Opportunities V. Market Drivers VI. Market Restraints VII. Market Trends Shift to Energy-as-a-Service Models Integration of BESS into Power Rental Fleets Hydrogen-Battery Hybrid Surge Shift Toward Natural Gas Generators Industry consolidation VIII. Market Data North American Power Rental Market revenues (2024-2031) United States power rental market revenues (2024-2031) Canada power rental market revenues (2024-2031) North American Power Rental Market revenues by fuel type (Diesel, Natural Gas, and Others) North American Power Rental Market revenues by output North American Power Rental Market revenues by application (Prime, Standby, and Peak Shaving North American Power Rental Market revenues by end user, 2024 (Industrial, oil & gas, construction, utility, commercial, entertainment, others) North American Power Rental Market revenues by end user, 2031 (Industrial, oil & gas, construction, utility, commercial, entertainment, others IX. Competitive Landscape North American Power Rental Market share by company, 2024 Competitive factors Quotes from the industry X. Company Profiles United Rentals, Inc. Aggreko plc Sunbelt Rentals, Inc. Caterpillar, Inc. Herc Rentals A selection of companies mentioned in this report includes, but is not limited to: United Rentals, Inc. Aggreko plc Sunbelt Rentals, Inc. Caterpillar, Inc. Herc Rentals H&E Equipment Services EquipmentShare Sunstate Equipment Co. PowerSecure Mesa Solutions VoltaGrid Enchanted Rock Electro-Motion For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Business
- Yahoo
North American Temporary Cooling Market Report 2025 Featuring Aggreko, Carrier, Daikin, Herc, Mobile Air & Power, Polygon, Resolute Industrial, Sunbelt, Caterpillar, Trane Technologies, United Rentals
The North American Temporary Cooling Market surged to nearly $2 billion in 2024, driven by AI demand, construction, and equipment shortages, and is set to reach $3 billion by 2031. Key players like United Rentals and Sunbelt are addressing rising rental needs with energy-efficient solutions and strategic partnerships. Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "2025 North American Temporary Cooling Market" report has been added to offering. Fueled by a perfect storm of AI-driven demand, soaring construction activity, and persistent equipment shortages, the North American Temporary Cooling Market reached nearly $2 billion in revenues in 2024 and is projected to hit $3 billion by 2031 The market experienced significant growth in 2024 compared to the previous year and is now expanding at a compound annual growth rate (CAGR) of over 6%, signaling a lasting shift in how businesses approach climate control. This report provides an overview of the cooling equipment rental market in North America (United States and Canada). The report captures the growth drivers, restraints, market trends, market share by revenue, market share by equipment type, market share by tonnage, market share by end user, competitive supplier landscape and forecasts to 2031. In 2024, AI adoption outpaced infrastructure capacity across the tech sector, forcing data centers to rent large-scale chiller systems as a stopgap while awaiting permanent installations. Although post-COVID delays have eased, lead times remain long - driven now more by surging demand than by supply chain disruptions. At the same time, prolonged heat waves strained cooling infrastructure in healthcare, education, and manufacturing, further boosting rental demand. Despite intensified competition putting pressure on margins, rising rental prices in certain segments straining customer budgets, and ongoing shortages of skilled labor, the market continues to push forward with strong momentum. Major trends reshaping the industry include the rise of energy-efficient, innovative eco-friendly cooling solutions and adoption of telematics for remote monitoring. Re-rental activity is also climbing, as regional players increasingly collaborate to meet peak demands during hot seasons or overlapping project timelines. This trend has helped bridge fleet shortages while offering national coverage to clients operating across multiple job sites. As the market grows more crowded and complex - marked by concentration in larger chiller segments and increasing fragmentation in smaller units - operational efficiency is becoming an increasingly important differentiator. Companies with broad equipment fleets, strong logistics capabilities, and strategic re-rental partnerships are gaining traction. Market leaders such as United Rentals, Sunbelt Rentals, Aggreko, Trane Technologies, and Herc Rentals are leveraging their scale and infrastructure to meet both immediate and long-term cooling needs across sectors. Some other key companies covered in the report include Carrier Corporation, Daikin Applied Americas, the Caterpillar Dealership Network, Resolute Industrial, Mobile Air & Power, and Polygon, among others. Market Summary Market Size, Growth Rate, Revenue Forecasts 2024-2031 Market Drivers & Restraints Market Trends Technology Trends Market Landscape Supplier Landscape Competitive Factors Strategic Recommendations Market Trends Energy Efficiency Rental Fleet Telematics Eco-friendly Cooling Solutions Re-rental Partnerships Company Profiles Aggreko plc Carrier Corporation Daikin Applied Americas Herc Rentals Mobile Air & Power Polygon Resolute Industrial Sunbelt Rentals The Caterpillar Dealership Network Trane Technologies United Rentals Report Scope Rental cooling equipment has been segmented in the following categories: Spot Coolers Air Conditioners Chillers Cooling Towers Air Handling Units (AHUs) Customer: Industrial Commercial Healthcare Data centers Education Events Cooling Capacity (Tonnage): Less than 25 tons 25 to 100 tons 101 to 400 tons More than 400 tons For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
26-05-2025
- Business
- Yahoo
There's Been No Shortage Of Growth Recently For United Rentals' (NYSE:URI) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So on that note, United Rentals (NYSE:URI) looks quite promising in regards to its trends of return on capital. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for United Rentals: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.17 = US$4.1b ÷ (US$28b - US$3.8b) (Based on the trailing twelve months to March 2025). So, United Rentals has an ROCE of 17%. On its own, that's a standard return, however it's much better than the 11% generated by the Trade Distributors industry. See our latest analysis for United Rentals In the above chart we have measured United Rentals' prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for United Rentals . The trends we've noticed at United Rentals are quite reassuring. Over the last five years, returns on capital employed have risen substantially to 17%. The amount of capital employed has increased too, by 44%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers. In summary, it's great to see that United Rentals can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. And a remarkable 414% total return over the last five years tells us that investors are expecting more good things to come in the future. Therefore, we think it would be worth your time to check if these trends are going to continue. One more thing to note, we've identified 2 warning signs with United Rentals and understanding these should be part of your investment process. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
24-05-2025
- Business
- Yahoo
KeyBanc Upgrades United Rentals (URI) to Overweight
On May 22, KeyBanc Capital Markets analyst Ken Newman upped United Rentals, Inc. (NYSE:URI)'s stock from 'Sector Weight' to 'Overweight', providing a price objective of $865.00. United Rentals, Inc. (NYSE:URI), which is an equipment rental company, has a large fleet size and diverse portfolio, which consists of high-value niche Specialty offerings. The analyst's favourable outlook on the company's stock is not because of immediate improvements in non-residential construction fundamentals or fleet dynamics. Rather, the analyst opines that the recent fall in its share price provides a favorable opportunity for investors to enter. Over the past 6 months, the company's stock has seen a decline of over ~17%. A construction crew working in the field with earthmoving equipment illuminated by a setting sun. United Rentals, Inc. (NYSE:URI) remains well-placed to withstand the current macroeconomic uncertainties and to benefit from expected market upturns, added Newman. As per the analyst, the company's significant business with larger National Accounts, thanks to its ongoing large-scale projects, can lead to stable rental revenue growth and better fleet dynamics in comparison to its main competitors. Overall, the analyst believes that despite the absence of a short-term boost, United Rentals, Inc. (NYSE:URI)'s strategic advantages and market positioning paint a favourable picture for its stock. While we acknowledge the potential of URI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than URI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
22-05-2025
- Business
- Business Insider
United Rentals upgraded to Overweight from Sector Weight at KeyBanc
KeyBanc upgraded United Rentals (URI) to Overweight from Sector Weight with an $865 price target Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
