United Rentals, Inc.URI

NYSEIndustrialsServices-Equipment Rental & Leasing, NEC
Price (close)
$1021.67
Market cap
$64.0B
P/E
25.5x
Revenue (TTM)
$16.4B
Net income
$2.5B
Dividend yield
0.75%
1-year total return
10.6%
Net margin
15.3%
Revenue growth
5.0%
Debt / equity
1.55x

What United Rentals, Inc. does.

United Rentals is the largest equipment rental company in the world, operates throughout the United States and Canada, and has a smaller presence in Europe, Australia and New Zealand. The table below presents key information about our business as of and for the years ended December 31, 2025 and 2024. Our business is discussed in more detail below. The data below should be read in conjunction with, and is qualified by reference to, our Management’s Discussion and Analysis and our consolidated financial statements and notes thereto contained elsewhere in this report.

(1) Reflects the estimated impact of inflation on the revenue productivity of fleet based on OEC, which is recorded at cost.

(2) Reflects the combined impact of changes in rental rates, time utilization, and mix that contribute to the variance in owned equipment rental revenue. See note 3 to the consolidated financial statements for a discussion of the different types of equipment rentals revenue. Rental rate changes are calculated based on the year-over-year variance in average contract rates, weighted by the prior period revenue mix. Time utilization is calculated by dividing the amount of time an asset is

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$8.5B$9.7B$11.6B$14.3B$15.3B$16.1B
Net income$890.0M$1.4B$2.1B$2.4B$2.6B$2.5B
Free cash flow$2.5B$491.0M$743.0M$840.0M$416.0M—

More on URI.

Figures from United Rentals, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.