v3.25.0.1
Property, Plant and Equipment, net (Tables)
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, net
Depreciation is computed using the straight-line method over estimated useful lives, as follows:
Estimated Useful LifeResidual Value
Modular space units
5 - 30 years
0 - 55%
Portable storage units
7 - 30 years
20 - 55%
VAPS and other related rental equipment
1 - 10 years
0%
Depreciation is computed using the straight-line method over estimated useful lives as follows:
Estimated Useful Life
Buildings and leasehold improvements
10 - 40 years
Vehicles, machinery, and equipment
3 - 30 years
Furniture and fixtures
3 - 10 years
Software
3 - 10 years
Rental equipment, net at December 31 consisted of the following:
(in thousands)20242023
Modular space units$3,658,086 $3,541,451 
Portable storage units1,070,025 1,009,059 
Value-added products220,205 204,933 
Total rental equipment4,948,316 4,755,443 
Less: accumulated depreciation(1,570,377)(1,374,128)
Rental equipment, net$3,377,939 $3,381,315 
The Company had rental equipment in the following geographic areas at December 31:
(in thousands)20242023
US$4,532,692 $4,311,256 
Canada374,446 396,127 
Mexico41,178 48,060 
Total rental equipment4,948,316 4,755,443 
Less: accumulated depreciation(1,570,377)(1,374,128)
Rental equipment, net$3,377,939 $3,381,315 
Property, plant and equipment, net at December 31 consisted of the following:
(in thousands)20242023
Land, buildings, and leasehold improvements$184,475 $178,117 
Vehicles and equipment272,587 233,793 
Office furniture, fixtures and software119,622 109,460 
Total property, plant and equipment576,684 521,370 
Less: accumulated depreciation(213,611)(180,483)
Property, plant and equipment, net$363,073 $340,887