Comparative EBITDA Analysis: United Rentals, Inc. vs Snap-on Incorporated

Comparative EBITDA Growth: United Rentals vs. Snap-on

In the dynamic landscape of industrial services, United Rentals, Inc. and Snap-on Incorporated have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, United Rentals has consistently outperformed Snap-on in terms of EBITDA, reflecting a robust growth strategy. Notably, United Rentals' EBITDA surged by approximately 295% from 2014 to 2023, peaking at $6.6 billion in 2023. In contrast, Snap-on's EBITDA grew by about 93% during the same period, reaching $1.5 billion in 2023.

Key Insights

• United Rentals' Dominance: The company's aggressive expansion and strategic acquisitions have fueled its impressive EBITDA growth, particularly evident in the 2022-2023 period.
• Snap-on's Steady Climb: Despite a slower growth rate, Snap-on has maintained a steady upward trajectory, highlighting its resilience in a competitive market.

The data for 2024 remains incomplete, suggesting potential shifts in the coming year.