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United Rentals

URI

United Rentals is the world's largest equipment rental company, providing a comprehensive fleet of construction and industrial equipment to a diverse customer base.

Market cap
$67.13B+30.3%
Revenue$16.4B+5.1%
Net income$2.5B-1.7%
EPS (diluted)$39.20+1.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$4.2B
EPS estimate$11.53

Financials

Q1 2026

Income statement

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Revenue$4.0B+7.2%
Gross profit$1.5B+8.3%
Operating income$869.0M+8.1%
Net income$531.0M+2.5%
EPS (diluted)$8.43+6.6%

Balance sheet

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Cash & equivalents$156.0M-71.2%
Total debt$17.0B+8.2%
Total equity$9.0B+2.0%
Total assets$29.9B+6.6%

Cash flow

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Operating cash flow$1.5B+6.2%

Valuation & ratios

Valuation

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Market cap$67.13B+30.3%
Enterprise value$83.96B+25.3%
P/E26.8×+6.5×
P/S4.1×+0.8×

Profitability

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Gross margin38.2%-1.3pp
Operating margin24.7%-1.1pp
Net margin15.3%-1.1pp

Returns & leverage

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Return on equity28.2%-1.9pp
Debt / equity1.9×+0.1×
Current ratio0.8×-0.1×

Competitors

Profile

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.

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.

GeographiesUnited States, Canada, Europe, Australia, New Zealand
Customer segmentsFortune 500 companies, National accounts, Local contractors, Government entities
Business modelAsset-heavy rental, B2B services, Used equipment brokerage
SuppliersOriginal equipment manufacturers (OEMs), Industrial supply vendors, Fuel and energy providers
CustomersCommercial construction firms, Industrial manufacturers, Energy and utility companies, Infrastructure developers, Residential renovators
Listed1997
Employees26.3K
CEOMatthew J. Flannery
FilingsSEC EDGAR

Questions, answered.

What is United Rentals's market cap?
United Rentals (URI) has a market capitalization of $67.1B and trades on NYSE.
What is United Rentals's revenue and profitability?
United Rentals generated $16.4B in trailing twelve-month revenue with net income of $2.5B, representing a net margin of 15.3%. Gross margin stands at 38.2%. These figures are based on the Q1 2026 filing.
Who are United Rentals's competitors?
United Rentals's key competitors include Caterpillar Inc., Herc Holdings Inc., Custom Truck One Source, Inc., and others. These companies compete in similar markets and product categories.
Who does United Rentals partner with?
United Rentals's notable partners include Workday.
What subsidiaries does United Rentals have?
United Rentals's subsidiaries include Yak Access, LLC, Yak Mat, LLC, New South Access & Environmental Solutions, LLC, and others.
Where is United Rentals headquartered?
United Rentals is headquartered in United States of America and employs approximately 26,300 people. It has been publicly traded since 1997.