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Rental Equipment | 12 Months Ended
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Dec. 31, 2024
Rental Equipment [Abstract] |
Rental Equipment | RENTAL EQUIPMENT, NET The following table summarizes the components of Rental equipment, net:
(in millions of dollars) | 2024 |  | 2023
Rental equipment | $ | 226.5 |  |  | $ | 182.3 |
Less: Accumulated depreciation | 53.3 |  |  | 47.5 |
Rental equipment, net (a) | $ | 173.2 |  |  | $ | 134.8 |
(a) Amounts at December 31, 2024 include rental equipment acquired in the acquisition of Standard - see Note 2 - Acquisitions. Rental income associated with the Company’s equipment rental activity, which is included as a component of Net sales on the Consolidated Statements of Operations, totaled $61.7 million in 2024, $55.2 million in 2023, and $53.1 million in 2022.

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