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United Rentals

URINYSEStock Fundamentals

United Rentals is the world's largest equipment rental company, providing a comprehensive fleet of construction and industrial equipment to a diverse customer base. The company leverages a vast network of rental locations and proprietary technology to offer jobsite solutions, including equipment maintenance, power and HVAC services, and fluid management. Its value proposition is centered on being a single-source provider for large-scale national accounts and local contractors through significant purchasing power and operational scale.

Market Cap$58.7B
Revenue TTM$16.1B
Net Income TTM$2.5B
P/E Ratio23.54
Net Margin15.49%
EPS TTM$38.68
Free Cash Flow TTM$3.0B
Employees26.3K
CEOMatthew J. Flannery
CountryUnited States of America
Industrials
Rental & Leasing Services
SegmentsEquipment Rental & Leasing, Construction & Engineering, Industrial Services
Business ModelsAsset-heavy rental, B2B services, Used equipment brokerage
Most Recent EarningsApr 22, 2026 · 20 days agoQ1 2026
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Next EarningsJul 22, 2026 · in 2 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin38.16%
Op. Margin24.68%
ROE27.76%
D/E19.76%
Current Ratio0.945
Total Debt$1.8B
Cash$459.0M
CapEx TTM$5.0B

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

General Rentals

primary

This segment focuses on the rental of core construction, aerial, and industrial equipment, along with general tools and light equipment. It serves a broad range of customers from large industrial firms to individual homeowners across North America.

Products

General construction equipment, Aerial work platforms, General tools, Light equipment, Total Control®

Customers

Construction companies, Industrial companies, Manufacturers, Utilities, Municipalities, Homeowners

Specialty

major

This segment provides specialized equipment and technical services for complex project needs, including trench safety, power, and fluid solutions. It often involves high-margin, technical setups for infrastructure and industrial applications.

Products

Trench shields, Aluminum hydraulic shoring systems, Portable diesel generators, Electrical distribution equipment, Fluid containment and treatment equipment, Mobile storage equipment, Modular office space, Surface protection mats

Customers

Infrastructure projects, Municipalities, Industrial companies, Chemical companies

Segment Financials

General Rentals — Equipment rentals gross margin

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General rentals — Equipment rental revenue (as a percent)

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General rentals — Total Assets

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Specialty — Revenue

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Specialty — Segment, Expenditure, Addition to Long-Lived Assets

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Specialty — Total Assets

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Business Overview

Competitive Position

United Rentals is the global market leader in equipment rentals, holding a significant market share advantage in North America through its extensive branch network and fleet scale.

Geographies

United States, Canada, Europe, Australia, New Zealand

Customer Segments

Fortune 500 companies, National accounts, Local contractors, Government entities

Upstream Dependencies

Original equipment manufacturers (OEMs), Industrial supply vendors, Fuel and energy providers

Downstream Customers

Commercial construction firms, Industrial manufacturers, Energy and utility companies, Infrastructure developers, Residential renovators

Competitors & Partners

Subsidiaries

Y

Yak Access, LLC

Specialty provider of matting and surface protection solutions

Y

Yak Mat, LLC

Provider of access mats and environmental solutions

N

New South Access & Environmental Solutions, LLC

Acquired entity providing access solutions

A

Ahern Rentals, Inc.

Acquired equipment rental company assets

URI

United Rentals FAQ

Common questions about United Rentals

United Rentals is the world's largest equipment rental company, providing a comprehensive fleet of construction and industrial equipment to a diverse customer base. The company leverages a vast network of rental locations and proprietary technology to offer jobsite solutions, including equipment maintenance, power and HVAC services, and fluid management. Its value proposition is centered on being a single-source provider for large-scale national accounts and local contractors through significant purchasing power and operational scale.

United Rentals (URI) has a market capitalization of $58.7B and trades on NYSE.

United Rentals generated $16.1B in trailing twelve-month revenue with net income of $2.5B, representing a net margin of 15.5%. Gross margin stands at 38.2%, with free cash flow of $3.0B. These figures are based on the Q4 2025 filing.

United Rentals's key competitors include Caterpillar Inc., Herc Holdings Inc., Cintas Corp, and others. These companies compete in similar markets and product categories.

United Rentals has approximately 26,300 employees.