Neff Corporation
NEFF
New York Stock Exchange25.00
USD
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Neff Corporation
NEFF
(New York Stock Exchange)
Recent
price
25.00
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Neff Corporation (NYSE: NEFF), a leading provider of heavy equipment rental and sales services, specializes in earthmoving, aerial work platforms, material handling equipment, trucks, air compressors, generators, pumps, and related construction machinery; the company also offers complementary parts, supplies, merchandise, and maintenance services to non-residential construction, infrastructure, oil and gas, residential construction, industrial, and government customers primarily across the southeastern and southern United States with over 40 branches. Founded in 1988 and headquartered in Miami, Florida, Neff operates as a subsidiary of United Rentals, Inc., following its acquisition by the latter in October 2017 for approximately $1.3 billion in cash at $25 per share, which expanded United Rentals' earthmoving fleet, geographic footprint in high-growth southern markets, and infrastructure sector presence while delivering operational synergies and cross-selling opportunities. In recent years, Neff integrates into United Rentals' broader network, benefiting from enhanced scale in equipment management, safety protocols, and specialized earthmoving expertise without notable standalone acquisitions, partnerships, or product launches since the merger.
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