United Rentals, Inc. (URI)

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company in the United States, Canada, Europe, Australia, and New Zealand. It operates through two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, including boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; surface protection mats; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. The company also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. It sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

Symbol
URI
Exchange
NYSE
Sector
Industrials
Industry
Rental & Leasing Services
Market cap
$67.81B
52 week range
701.59 - 1179.18

Valuation

Share price
$1081.04 (close of 2026-10-02)
P/E (TTM)
27.54x
Price to book
7.56x
Price to free cash flow
12.85x
Enterprise value
$82.68B
Book value per share
$142.96

Price performance

PeriodChange
1 day+4.54%
5 days+3.25%
1 month+10.33%
3 months-1.60%
6 months+47.66%
Year to date+33.57%
1 year+10.51%
3 years+147.17%
5 years+201.84%
10 years+1277.30%
All time+7106.93%

Members of Congress who disclosed URI trades

Robert Bresnahan · Val Hoyle · Greg Landsman · Julia Letlow · Maria Elvira Salazar · Alan Armstrong · Thomas Suozzi

Super investors holding URI

Ray Dalio (Bridgewater Associates) · Ken Griffin (Citadel) · David Rolfe (Wedgewood Partners Inc) · First Eagle Investment (First Eagle Investment Management, LLC)

Profitability and growth

Return on equity
27.81%
Return on invested capital
12.94%
Return on assets
8.35%
Return on capital employed
15.25%
Gross margin
166.28%
Net margin
67.50%
EBITDA margin
119.38%
Revenue growth
2.98%
Net income growth
-3.15%
Free cash flow growth
1147.60%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.78%
Current ratio
0.80x
Net debt to EBITDA
2.06x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$3.69B
Cost of revenue
$9.96B
Gross profit
$6.14B
EBITDA
$4.41B
Net income
$2.49B
Earnings per share
$38.71
Shares outstanding
64.44M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$3.69B$6.14B$2.49B$38.71
2024-12-31$3.59B$6.15B$2.58B$38.82
2023-12-31$3.40B$5.81B$2.42B$35.40
2022-12-31$2.50B$5.00B$2.10B$29.77
2021-12-31$2.26B$3.85B$1.39B$19.14
2020-12-31$1.99B$3.18B$890.00M$12.24
2019-12-31$2.06B$3.67B$1.17B$15.18
2018-12-31$8.05B$3.36B$1.10B$13.26
2017-12-31$6.64B$2.77B$1.35B$15.91
2016-12-31$5.76B$2.40B$566.00M$6.49

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31166.28%67.50%27.81%12.94%
2024-12-31171.40%71.77%29.87%14.17%
2023-12-31171.22%71.40%29.82%14.88%
2022-12-31199.76%84.17%29.81%13.22%
2021-12-31170.79%61.44%23.13%10.40%
2020-12-31159.63%44.63%19.58%9.90%
2019-12-31177.90%56.91%30.65%10.58%
2018-12-3141.80%13.62%32.21%9.76%
2017-12-3141.70%20.27%43.34%11.60%
2016-12-3141.70%9.82%34.34%10.97%

Cash and debt by year

Period endCashDebt
2025-12-31$459.00M$14.30B
2024-12-31$457.00M$13.47B
2023-12-31$363.00M$11.58B
2022-12-31$106.00M$11.45B
2021-12-31$144.00M$9.75B
2020-12-31$202.00M$9.76B
2019-12-31$52.00M$11.52B
2018-12-31$43.00M$11.83B
2017-12-31$352.00M$9.52B
2016-12-31$312.00M$7.84B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$5.19B$134.00M
2024-12-31$416.00M$112.00M
2023-12-31$840.00M$94.00M
2022-12-31$743.00M$127.00M
2021-12-31$491.00M$119.00M
2020-12-31$2.46B$70.00M
2019-12-31$2.81B$61.00M
2018-12-31$2.67B$102.00M
2017-12-31$2.09B$87.00M
2016-12-31$1.85B$45.00M

Dividend history

Most recent payment
2026-08-12
Paid in the last twelve months
$7.70
Payment dateDividend per share
2026-08-12$1.97
2026-05-13$1.97
2026-02-11$1.97
2025-11-12$1.79
2025-08-13$1.79
2025-05-14$1.79
2025-02-12$1.79
2024-11-13$1.63

Investor relations

Next earnings report

Next confirmed report
2026-10-28
Consensus EPS estimate
$13.64

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-22Jun/2026$11.67
2026-04-22Mar/2026$9.01
2026-01-28Dec/2025$11.90
2025-10-22Sep/2025$12.49
2025-07-23Jun/2025$10.54
2025-04-23Mar/2025$8.84
2025-01-29Dec/2024$11.77
2024-10-23Sep/2024$12.49

Filings and sources

Company website
unitedrentals.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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