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United Rentals URI Debt-to-equity

Debt-to-equity at other companies

Caterpillar logo
CaterpillarCAT
1.7×+0.1×
Parker-Hannifin logo
Parker-HannifinPH
0.7×+0.1×
Ferguson Enterprises logo
Ferguson EnterprisesFERG
-0.1×
Generac Holdings logo
Generac HoldingsGNRC
0.5×0.0×
Cintas logo
CintasCTAS
0.6×-0.1×
W.W. Grainger logo
W.W. GraingerGWW
0.7×-0.1×

Other financials

Income statement

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Revenue$4.0B+7.1%
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+6.3%

Valuation

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Market cap$65.71B+11.9%
Enterprise value$82.55B+11.7%
P/E26.2×+3.2×
P/S+0.2×

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
Current ratio0.8×-0.1×

Where this comes from

Calculated from United Rentals’s reported figures.

Based on the most recent quarter.

The official record: United Rentals’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is United Rentals's debt-to-equity?
United Rentals (URI) reported debt-to-equity of 1.9× in Q1 2026.
How has United Rentals's debt-to-equity changed year-over-year?
United Rentals's debt-to-equity increased by 6.0% year-over-year, from 1.8× to 1.9×.
What is the long-term trend for United Rentals's debt-to-equity?
Over 4 years (2021 to 2025), United Rentals's debt-to-equity has grown at a -2.6% compound annual growth rate (CAGR), from 8.2× to 7.4×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.