"2024 PEG Top Gun Awards" written in gold lettering with Peer Executive Groups logo

2024 PEG Top Gun Award Winners Announced

At the end of May, Peer Executive Groups announced this year’s Top Gun award winners. Thirty-nine companies made this year’s lists, including 19 that use Point of Rental to run their operations.

“We apply owner compensation, expense, and rent tests to verify EBITDA [Earnings Before Interest, Taxes, Depreciation and Amortization], and check financial reports and tax returns where appropriate. While our network shows EBITDA performance closer to 28 percent, our Top Gun members average north of 40 percent,” said Dan Crowley, Peer Executive Groups president.

Here are this year’s Point of Rental-using Top Gun Award winners:

Equipment:

The Top Gun award recognizes rental store operators who receive the PEG Pinnacle Award for Financial Excellence. The awards are given to the top 20 percent of rental stores based on financials submitted by rental operators and verified by Peer Executive Groups. This is the sixth year that PEG has named companies for the award.

Homeowner:

These are rental operators who self-reported homeowners as at least 35% of their total volume. EBITDA achievement is more difficult in this sector due to increased costs for servicing smaller and shorter contracts.

Hybrid/Dealer:

These are companies whose rental sales amount to less than 70% of their total sales. Again, because their EBITDA is affected by their abnormal sales percentage vs. rental revenue, they are categorized differently and ranked in a separate list.

Congratulations to everyone who earned a Top Gun Award this year; y’all’s collaboration and continued success is inspirational!

About Peer Executive Groups

Peer Executive Groups administers peer groups in a variety of industries. Within the rental industry, more than 255 participants learn from each other in 25 peer groups. Contact Peer Executive Groups at [email protected].

About Point of Rental Software

Point of Rental provides rental and inventory management software solutions that connect people from every rental vertical and job role, empowering them with the tools they need to streamline operations and grow strategically. For more than 35 years, Point of Rental has led industry innovation, earning dozens of innovation and service awards for rental software. As a four-time Inc. 5000 fastest growing company, the company serves customers in 80 different countries from offices in Dallas, London, Melbourne and Johannesburg. Fill out the form below to find out how a team with 600+ years of on-site rental experience can get you where you want to be.

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