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Average OEC On Rent
Indicates the average original equipment cost of the fleet that is currently rented, providing insight into asset deployment and revenue potential.Average OEC on rent has rebounded sharply since late‑2024, driven more by higher utilization and redeployment of the fleet than by big incremental rental CapEx; management singled out record OEC on rent in Q1 and is actually trimming 2026 rental spend while guiding mid‑single‑digit net OEC growth. That means near‑term revenue and margin upside is coming from operational leverage, but investors should watch deleveraging, inventory reductions and supply‑chain/tariff risks that could cap sustainable fleet growth or pinch execution.
Date | Average OEC On Rent |
|---|---|
Jun 30, 2026 | $158.50M |
Mar 31, 2026 | $1.34B |
Dec 31, 2025 | $1.38B |
Sep 30, 2025 | $1.26B |
Jun 30, 2025 | $1.21B |
Mar 31, 2025 | $1.20B |
Dec 31, 2024 | $1.21B |
Sep 30, 2024 | $1.08B |
Jun 30, 2024 | $1.04B |
Mar 31, 2024 | $1.07B |