5. Home Depot Inc. (NYSE:HD)
Home Depot Inc. (NYSE:HD), the largest home improvement retailer in the U.S, opened tool rental centers within its chain stores in the 1990s. Today the rental business has grown into a vast segment of Home Depot Inc. (NYSE:HD)’s business, which is be classified into two segments – Truck rental and Tool repair. Apart from tools rental, they also offer equipment rentals, all for general construction purposes. The company provides a wide range of professional-quality tools and equipment for rent, including concrete and demolition tools, generators, moving and lifting equipment, and power tools at competitive prices. Home Depot Inc. (NYSE:HD)’s rental business definitely benefits from its huge customer base and vast geographic footprint. Customers can rent equipment from over 1,000 Home Depot Inc. (NYSE:HD) locations at hourly, daily, weekly, and monthly rates. Home Depot Inc. (NYSE:HD) does not specify its rental revenue, however its tool rentals are growing strong each year. And now, let’s see what else we have on our list of biggest companies in the construction equipment rental industry.