Risk Factors Update Summary
- Total outstanding debt increased from $2 billion to $3 billion in 2023.
- Labor strikes or disruptions in markets served could impact operations and revenue.
- The number of outstanding shares of common stock decreased from 28.9 million to 2 million.
- Rental revenue from national account customers increased from 43% to 44% in 2023.
- The number of employees covered by employment contracts increased from 585 to 590 in the U.S.
- The average age of rental equipment fleet decreased from 48 to 45 months in 2023.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1364479&owner=exclude
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