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United Rentals URI Free cash flow

Discontinued — last reported Q3 '24

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Other financials

Income statement

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Revenue$4.4B+11.8%
Gross profit$1.7B+13.0%
Operating income$1.1B+13.5%
Net income$753.0M+21.1%
EPS (diluted)$12.03+25.4%

Balance sheet

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Cash & equivalents$112.0M-79.6%
Total debt$17.3B+7.7%
Total equity$9.2B+2.1%
Total assets$31.3B+7.2%

Cash flow

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Operating cash flow$1.8B+34.9%
CapEx$1.4B+22.7%

Valuation

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Market cap$65.83B+7.8%
Enterprise value$83B+8.4%
P/E25×+0.9×
P/S3.9×0.0×

Profitability

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Gross margin38.4%-0.9pp
Operating margin24.8%-0.7pp
Net margin15.7%-0.4pp
FCF margin33.9%

Returns & leverage

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Return on equity28.9%-0.4pp
Debt / equity1.9×+0.1×
Current ratio0.8×-0.1×

Where this comes from

Calculated from United Rentals’s reported figures.

The source filing: United Rentals’s 10-Q, filed October 22, 2025. Open the filing →

Filed
Oct 21, 2025, 8:00 PM EDT
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001067701-25-000039

FAQ

What is United Rentals's free cash flow?
United Rentals (URI) reported free cash flow of -$168M in Q3 2024.
How has United Rentals's free cash flow changed year-over-year?
United Rentals's free cash flow decreased by 200.0% year-over-year, from -$56M to -$168M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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