Operations Dashboard
Rig-Rents Inc. — Real-time fleet and revenue overview
YTD Revenue (2025)
$11.6M
↑ 38% vs. 2024 pace
YTD EBITDA
$7.1M
61% margin
Fleet Units
58
Drill rigs + tooling fleet
Active Rentals
31
↑ 4 new this week
Revenue by Segment (YTD 2025)
Foundation Drill Rigs (HPM/Bayshore)$7.4M
Auger Tooling Rentals$2.8M
Pile Driving Equipment$1.0M
Transport & Misc.$0.4M
Fleet Utilization by Location
Lodi, CA (HQ) — 22 units91%
Boise, ID — 14 units86%
Phoenix, AZ — 11 units82%
Dallas, TX — 8 units75%
Chicago, IL — 3 units (new)67%
Recent Rental Activity
| Customer | Equipment | Location | Start | End | Value | Status |
|---|---|---|---|---|---|---|
| Kiewit Infrastructure | HPM55-B #3 | Lodi, CA | Mar 1 | May 31 | $84,000 | Active |
| Granite Construction | Bayshore TR60 #2 | Phoenix, AZ | Feb 15 | Apr 15 | $52,000 | Active |
| Walsh Construction | Bayshore TR50 #4 | Boise, ID | Mar 3 | Mar 28 | $28,000 | Pending Start |
| Hensel Phelps | Auger 36" (x6 units) | Dallas, TX | Feb 20 | Mar 20 | $14,400 | Active |
| Turner Construction | HPM55-B #1 | Lodi, CA | Jan 15 | Mar 15 | $56,000 | Ending Soon |
Financials
Revenue, EBITDA, and balance sheet overview
2024 Revenue
$11.2M
↑ 27% vs 2023
2024 EBITDA
$6.93M
62% margin
Fleet Value
~$41M
Debt-free balance sheet
2025 Projected Revenue
$15.4M
$9.4M EBITDA proj.
Annual Financial Performance
| Year | Revenue | EBITDA | EBITDA Margin | YoY Growth |
|---|---|---|---|---|
| 2022 | $8.2M | $4.7M | 57% | — |
| 2023 | $8.8M | $6.35M | 72% | +7% |
| 2024 | $11.2M | $6.93M | 62% | +27% |
| 2025 (Proj.) | $15.4M | $9.4M | 61% | +38% |
Balance Sheet Summary
| Core Rental Assets (Equipment) | $35.2M |
| Auger & Tooling Inventory | $3.6M |
| Real Estate (Henderson, NV) | $1.1M |
| Misc. Assets | $1.1M |
| Total Assets | ~$41.0M |
| Total Liabilities | $0 |
Revenue by Category (2024)
| Foundation Drill Rig Rentals | $7.2M |
| Auger Tooling Rentals | $2.4M |
| Pile Driving Equipment | $1.1M |
| Transport / Mobilization | $0.3M |
| Sales & Option Revenue | $0.2M |
| Total | $11.2M |
Foundation Drill Rigs
Bayshore TR Series + HPM55-B — Company-specific locations. Exclusive North American HPM access.
Total Rig Units
18
Bayshore + HPM fleet
Units On Rent
16
89% utilization
Waitlist
4
Active waitlist requests
Avg. Daily Rate
$1,850
Per rig/day
HPM Foundation Drills — Exclusive North American Distributor
HPM55-B
Hydraulic Performance Machines (Italy) — Exclusive NA Access
TypeExcavator-Mounted Rotary
Torque55 kNm
Max Depth30m (100 ft)
Kelly Bar4-section, extendable
Host ExcavatorCat 349 / Komatsu PC490
Units Owned5 (+ 2 on order)
Fleet LocationLodi, CA / Phoenix, AZ
HPM35-B
Hydraulic Performance Machines (Italy)
TypeExcavator-Mounted Rotary
Torque35 kNm
Max Depth22m (72 ft)
Kelly Bar3-section
Host ExcavatorCat 336 / Komatsu PC360
Units Owned3
Fleet LocationBoise, ID
Bayshore TR Series
Bayshore TR25
Bay Shore Systems Inc.
TypeExcavator-Mounted Rotary
Torque25 kNm
Max Depth18m (60 ft)
Best ForLimited access, residential
Rubber PadsAvailable (floor protection)
Units Owned4
Fleet LocationLodi, CA / Dallas, TX
Bayshore TR50
Bay Shore Systems Inc.
TypeExcavator-Mounted Rotary
Torque50 kNm
Max Depth28m (92 ft)
Best ForMid-scale foundation work
Kelly Bar ExtensionsAvailable
Units Owned3
Fleet LocationBoise, ID / Chicago, IL
Bayshore TR60
Bay Shore Systems Inc.
TypeExcavator-Mounted Rotary
Torque60 kNm
Max Depth35m (115 ft)
Best ForLarge-scale / deep foundation
Kelly Bar Extensions4-section + extensions
Units Owned3
Fleet LocationLodi, CA / Phoenix, AZ
Pile Driving Equipment
Vibratory, hydraulic hammer, and high-reach piling rigs
Pile Driving Units
8
3 models
On Rent
6
75% utilization
Avg. Daily Rate
$1,400
Per unit/day
YTD Revenue
$1.0M
9% of total
Bauer RG 16 T
Bauer Maschinen GmbH
TypeVibratory / Pile Driving
Use CaseSheet piles, pre-drilling
Max Pile Depth16m
Units Owned2
High Reach Piling Rig
Custom Configuration
MountingHigh reach OR straight boom excavator
Pile Depth (HR)Up to 50 ft
Pile Depth (SB)Up to 40 ft
Units Owned3
Movax DH-45
Movax Ltd. (Finland)
TypeHydraulic Piling Hammer
Impact Energy45 kNm
Use CaseH-piles, concrete piles, sheet piles
Units Owned3
Auger Tooling Rentals
High-volume, satellite location model. Nationwide delivery. Cheaper daily rates, higher transaction volume.
Tooling Units
312
Across all categories
Units On Rent
241
77% utilization
Avg. Daily Rate
$180
Per auger/day
YTD Revenue
$2.8M
24% of total
Dirt Augers — High Volume Rental
12"
Dirt Auger
Stock: 42 units
On Rent: 38
Daily Rate: $95/day
18"
Dirt Auger
Stock: 38 units
On Rent: 31
Daily Rate: $130/day
24"
Dirt Auger
Stock: 44 units
On Rent: 39
Daily Rate: $160/day
30"
Dirt Auger
Stock: 32 units
On Rent: 28
Daily Rate: $195/day
36"
Dirt Auger
Stock: 28 units
On Rent: 22
Daily Rate: $230/day
48"
Dirt Auger
Stock: 18 units
On Rent: 14
Daily Rate: $290/day
Rock Augers — Carbide Tooth / Hard Formation
18"
Rock Auger — Standard
Stock: 16 units
On Rent: 12
Daily Rate: $220/day
24"
Rock Auger — Standard
Stock: 20 units
On Rent: 16
Daily Rate: $280/day
30"
Rock Auger — Heavy
Stock: 14 units
On Rent: 11
Daily Rate: $340/day
36"
Rock Auger — Heavy
Stock: 10 units
On Rent: 8
Daily Rate: $395/day
Specialty Tooling
| Item | Units | On Rent | Daily Rate |
|---|---|---|---|
| Clean-Out Buckets 24" | 24 | 19 | $180/day |
| Clean-Out Buckets 36" | 18 | 14 | $220/day |
| Casing Twisters 18" | 12 | 9 | $260/day |
| Casing Twisters 24" | 10 | 8 | $310/day |
| Multi-Purpose Auger 24" | 16 | 12 | $250/day |
| Kelly Bar Extensions 4m | 20 | 15 | $150/day |
Auger Rental Revenue YTD by Location
Boise, ID$780K
Phoenix, AZ$620K
Dallas, TX$540K
Lodi, CA$480K
Chicago, IL (new)$380K
Active Rentals
All current rental agreements and pipeline
Active Contracts
31
Monthly Revenue Run Rate
$1.28M
Contracts Ending This Month
6
Renewal outreach needed
Waitlist / Pipeline
4
HPM55-B demand
All Active Rental Agreements
| # | Customer | Equipment | Location | Start | End | Monthly Value | Status |
|---|---|---|---|---|---|---|---|
| RNT-2501 | Kiewit Infrastructure | HPM55-B #3 | Lodi, CA | Mar 1, 2025 | May 31, 2025 | $28,000 | Active |
| RNT-2502 | Turner Construction | HPM55-B #1 | Lodi, CA | Jan 15, 2025 | Mar 15, 2025 | $28,000 | Ending Soon |
| RNT-2503 | Granite Construction | Bayshore TR60 #2 | Phoenix, AZ | Feb 15, 2025 | Apr 15, 2025 | $26,000 | Active |
| RNT-2504 | Walsh Construction | Bayshore TR50 #4 | Boise, ID | Mar 3, 2025 | Mar 28, 2025 | $14,000 | Pending Start |
| RNT-2505 | Hensel Phelps | Auger 36" (x6) | Dallas, TX | Feb 20, 2025 | Mar 20, 2025 | $14,400 | Active |
| RNT-2506 | McCarthy Building Cos. | HPM55-B #2 | Lodi, CA | Nov 1, 2024 | Apr 30, 2025 | $28,000 | Active |
| RNT-2507 | Skanska USA Civil | Bayshore TR60 #1 | Lodi, CA | Jan 3, 2025 | Mar 31, 2025 | $26,000 | Active |
| RNT-2508 | Brasfield & Gorrie | Bayshore TR25 (x2) | Dallas, TX | Mar 1, 2025 | Jun 1, 2025 | $24,000 | Active |
| RNT-2509 | Fluor Corp. | HPM35-B #1 + #2 | Boise, ID | Feb 1, 2025 | May 31, 2025 | $33,000 | Active |
| RNT-2510 | Bechtel Group | Bauer RG 16 T (x2) | Chicago, IL | Mar 1, 2025 | Apr 15, 2025 | $19,200 | Active |
Customer Management
Rental clients by revenue and activity
Top Customers by YTD Revenue (2025)
| Company | Type | YTD Revenue | Active Rentals | Since | Status |
|---|---|---|---|---|---|
| Kiewit Infrastructure | General Contractor | $312,000 | 2 | 2019 | Active |
| McCarthy Building Cos. | General Contractor | $280,000 | 1 | 2020 | Active |
| Turner Construction | General Contractor | $264,000 | 1 | 2021 | Active |
| Granite Construction | Infrastructure GC | $218,000 | 1 | 2022 | Active |
| Fluor Corp. | EPC Contractor | $198,000 | 2 | 2021 | Active |
| Bechtel Group | Infrastructure | $192,000 | 1 | 2023 | Active |
| Hensel Phelps | General Contractor | $144,000 | 1 | 2022 | Active |
| Skanska USA Civil | Infrastructure GC | $138,000 | 1 | 2023 | Active |
Locations
HQ + satellite rental depots. HPM/Bayshore rigs at major locations; auger tooling at all satellite sites.
🏠 Lodi, California
Headquarters — Primary Fleet Hub
Fleet Units22
Drill RigsHPM55-B (x5), TR60 (x2), TR25 (x2)
Auger Tooling48 units
Utilization91%
YTD Revenue$4.2M
📍 Boise, Idaho
Satellite — Northwest Hub
Fleet Units14
Drill RigsHPM35-B (x3), TR50 (x2)
Auger Tooling72 units
Utilization86%
YTD Revenue$2.8M
📍 Phoenix, Arizona
Satellite — Southwest Hub
Fleet Units11
Drill RigsTR60 (x1), TR25 (x2)
Auger Tooling58 units
Utilization82%
YTD Revenue$2.1M
📍 Dallas, Texas
Satellite — South-Central Hub
Fleet Units8
Drill RigsTR25 (x2)
Auger Tooling64 units
Utilization75%
YTD Revenue$1.4M
📍 Chicago, Illinois
Satellite — Midwest Hub (New 2025)
Fleet Units3
EquipmentBauer RG 16 T (x2), TR50 (x1)
Auger Tooling32 units (growing)
Utilization67%
YTD Revenue$0.9M
🔜 Southeast (Expansion)
Planned — Q3 2025
Target CityAtlanta, GA or Charlotte, NC
Planned Units8-10 auger + 1-2 rigs
Est. Annual Rev.$800K - $1.2M
Maintenance Tracker
Scheduled and outstanding maintenance across fleet
Overdue
1
Due This Month
3
Scheduled (30 days)
6
In Shop Now
1
Maintenance Schedule
| Unit | Type | Location | Last Service | Due Date | Status |
|---|---|---|---|---|---|
| High Reach Piling Rig #2 | Hydraulic seal replacement | Boise, ID | Nov 2024 | Feb 28, 2025 | Overdue |
| HPM55-B #4 | Kelly bar inspection + greasing | Lodi, CA | Dec 2024 | Mar 10, 2025 | Due Soon |
| Bayshore TR60 #3 | Rotary head oil change | Phoenix, AZ | Jan 2025 | Mar 15, 2025 | Due Soon |
| Bayshore TR50 #2 | Annual inspection + cert | Boise, ID | Mar 2024 | Mar 28, 2025 | Due Soon |
| HPM55-B #1 | Full 500-hr service | Lodi, CA | Feb 2025 | Apr 15, 2025 | Scheduled |
Documents
Rental agreements, equipment titles, insurance, and compliance
Document Library
| Document | Type | Related To | Date | Status |
|---|---|---|---|---|
| Master Rental Agreement — Kiewit | Rental Contract | RNT-2501 | Mar 1, 2025 | Signed |
| Equipment Title — HPM55-B #1 | Asset Title | HPM55-B Fleet | 2023 | On File |
| Commercial Liability Insurance | Insurance | All Fleet | Jan 1, 2025 | Current |
| Equipment Insurance Rider — Lodi Yard | Insurance | Lodi, CA | Jan 1, 2025 | Current |
| HPM Exclusive Distribution Agreement | Distribution | HPM Italy | 2022 | Active |
| Bayshore TR60 — Equipment Purchase | Sales Contract | TR60 Fleet | 2023 | On File |
| Boise, ID Lease Agreement | Real Estate | Boise Satellite | Jun 2022 | Renew Aug 2025 |