Non-Current Liabilities

Operating Lease Liabilities

United Rentals Operating Lease Liabilities increased by 5.6% to $1.12B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $1.09B to $1.12B. Over 3 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 27.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '24Q3 '25Q4 '25
Value$630.00M$615.00M$621.00M$625.00M$633.00M$630.00M$1.09B$1.06B$1.12B
QoQ Change-2.4%+1.0%+0.6%+1.3%-0.5%+72.9%-2.3%+5.6%
YoY Change+0.5%+2.4%+3.2%
Range$615.00M$1.12B
CAGR+33.6%
Avg YoY Growth+2.0%
Median YoY Growth+2.4%

Frequently Asked Questions

What is United Rentals's operating lease liabilities?
United Rentals (URI) reported operating lease liabilities of $1.12B in Q4 2025.
How has United Rentals's operating lease liabilities changed year-over-year?
United Rentals's operating lease liabilities increased by 3.2% year-over-year, from $1.09B to $1.12B.
What is the long-term trend for United Rentals's operating lease liabilities?
Over 3 years (2020 to 2025), United Rentals's operating lease liabilities has grown at a 27.0% compound annual growth rate (CAGR), from $549.00M to $1.12B.
What does operating lease liabilities mean?
The amount of lease payments due after one year.