Item 2.02. Results of Operations and Financial Condition.
On
Item 7.01. Regulation FD Disclosure.
Certain information concerning our business, financial results and 2023 outlook that the Company expects to use at certain investor meetings and presentations can be accessed currently on the Company's website, www.unitedrentals.com. Such information will be maintained on the Company's website for at least the period of its use at such meetings and presentations or until superseded by more current information.
The presentation includes certain financial measures - free cash flow, earnings
before interest, taxes, depreciation and amortization ("EBITDA"), adjusted
EBITDA and adjusted earnings per share ("adjusted EPS") - that are "non-GAAP
financial measures" as defined under the rules of the
The presentation includes reconciliations of these non-GAAP financial measures to their nearest generally accepted accounting principles financial measures. The Company believes that: (i) free cash flow provides useful additional information concerning cash flow available to meet future debt service obligations and working capital requirements; (ii) EBITDA and adjusted EBITDA provide useful information about operating performance and period-over-period growth, and help investors gain an understanding of the factors and trends affecting our ongoing cash earnings, from which capital investments are made and debt is serviced; and (iii) adjusted EPS provides useful information concerning future profitability. However, none of these measures should be considered as alternatives to net income, cash flows from operating activities or earnings per share under GAAP as indicators of operating performance or liquidity.
Item 8.01. Other Events.
On
Item 9.01. Financial Statements and Exhibits.
99.1 Press Release of
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