Companies in this industry rent and lease a wide range of physical assets, including cars, trucks, medical and industrial equipment, tools, appliances, and other miscellaneous goods to consumers or other companies. Demand is driven by personal income and industrial activity. The profitability of individual companies depends on maintaining the right merchandise mix and controlling inventory financing costs. Large companies have economies of scale in purchasing, distribution, and advertising.
Industry’s Top Companies:
- United Rentals
- Sunbelt Rentals
- AMERCO
- WillScot Mobile Mini
- Avis Budget
- Hertz Global
- Ryder System
- Air Lease
- Triton International
- GATX
- Herc Holdings
- McGarth RentCorp
- Renta-A-Center
- Fortress Transportation