

	Three Months Ended June 30, 2025									Three Months Ended June 30, 2024
	General rentals			Specialty			Total			General rentals			Specialty			Total
Equipment rentals	$	2,268		$	1,147		$	3,415		$	2,209		$	1,006		$	3,215
Sales of rental equipment	272			45			317			313			52			365
Sales of new equipment	49			26			75			27			34			61
Contractor supplies sales	22			19			41			23			19			42
Service and other revenues	87			8			95			81			9			90
Total revenue (1)	2,698			1,245			3,943			2,653			1,120			3,773
Equipment rentals gross profit (see calculation below)	796			525			1,321			802			483			1,285
Equipment rentals gross margin	35.1		%	45.8		%	38.7		%	36.3		%	48.0		%	40.0		%

Calculation of equipment rentals gross profit:
Equipment rentals	2,268			1,147			3,415			2,209			1,006			3,215
Less:
Depreciation of rental equipment	(497)			(154)			(651)			(480)			(128)			(608)
Significant/all other rental expenses (2):
Labor and benefits (3)	(415)			(128)			(543)			(392)			(106)			(498)
Repairs and maintenance	(209)			(59)			(268)			(206)			(52)			(258)
Delivery	(128)			(119)			(247)			(118)			(88)			(206)
All other rental expenses (2)	(223)			(162)			(385)			(211)			(149)			(360)
Equipment rentals gross profit	796			525			1,321			802			483			1,285
Reconciliation of equipment rentals gross profit to income before provision for income taxes:
Gross profit from other lines of business							212									233
Selling, general and administrative expenses							(422)									(404)

Restructuring charge (4)							—									(1)
Non-rental depreciation and amortization							(108)									(109)
Interest expense, net							(171)									(173)

Other income, net							7									4
Income before provision for income taxes							$	839								$	835


	Six Months Ended June 30, 2025									Six Months Ended June 30, 2024
	General rentals			Specialty			Total			General rentals			Specialty			Total
Equipment rentals	$	4,367		$	2,193		$	6,560		$	4,279		$	1,865		$	6,144
Sales of rental equipment	602			92			694			659			89			748
Sales of new equipment	92			53			145			56			53			109
Contractor supplies sales	42			35			77			43			35			78
Service and other revenues	168			18			186			162			17			179
Total revenue (1)	5,271			2,391			7,662			5,199			2,059			7,258
Equipment rentals gross profit (see calculation below)	1,475			976			2,451			1,483			905			2,388
Equipment rentals gross margin	33.8		%	44.5		%	37.4		%	34.7		%	48.5		%	38.9		%
Capital expenditures (5)	1,822			634			2,456			1,658			523			2,181
Calculation of equipment rentals gross profit:
Equipment rentals	4,367			2,193			6,560			4,279			1,865			6,144
Less:
Depreciation of rental equipment	(985)			(303)			(1,288)			(968)			(222)			(1,190)
Significant/all other rental expenses (2):
Labor and benefits (3)	(821)			(248)			(1,069)			(782)			(204)			(986)
Repairs and maintenance	(402)			(112)			(514)			(405)			(96)			(501)
Delivery	(243)			(215)			(458)			(220)			(154)			(374)
All other rental expenses (2)	(441)			(339)			(780)			(421)			(284)			(705)
Equipment rentals gross profit	1,475			976			2,451			1,483			905			2,388
Reconciliation of equipment rentals gross profit to income before provision for income taxes:
Gross profit from other lines of business							438									476
Selling, general and administrative expenses							(859)									(793)

Restructuring charge (4)							(1)									(2)
Non-rental depreciation and amortization							(222)									(213)
Interest expense, net							(355)									(333)

Other income, net (6)							75									7
Income before provision for income taxes							$	1,527								$	1,530
	June 30, 2025									December 31, 2024
	General rentals			Specialty			Total			General rentals			Specialty			Total
Total assets	$	21,548		$	7,658		$	29,206		$	21,044		$	7,119		$	28,163

___________________

(2)The significant expense categories align with the segment-level information that is regularly provided to the CODM. The “all other rental expenses” category reflects the difference between equipment rentals revenue less the significant separately disclosed expense categories above and the primary measure of segment profit (equipment rentals gross profit), and is primarily comprised of property costs, costs associated with re-rent revenue and certain ancillary revenues (see note 2 to the condensed consolidated financial statements for a discussion of the different types of equipment rentals revenue), and insurance costs. Intersegment expenses are included within the amounts shown.

(5)The condensed consolidated statements of cash flows include the payments for capital expenditures, while the table above reflects the gross capital expenditures. Accounts payable included $230 and $77 as of June 30, 2025 and December 31, 2024, respectively, and $224 and $74 as of June 30, 2024 and December 31, 2023, respectively, of amounts due but unpaid for purchases of rental equipment.