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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%
Free cash flow-$168.0M-200%

Valuation

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Market cap$72.37B+30.6%
Enterprise value$89.54B+26.3%
P/E27.4×+5.6×
P/S4.3×+0.8×

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

Reported directly by United Rentals in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: United Rentals’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 4:21 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001067701-26-000026
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Operating income1,1381,0032,0071,807
Interest expense, net178171354355
Other income, net(47)(7)(55)(75)
Income before provision for income taxes1,0078391,7081,527
Provision for income taxes254217424387
Net income$753$622$1,284$1,140
Basic earnings per share$12.04$9.59$20.47$17.51
Diluted earnings per share$12.03$9.59$20.44$17.48

Item 1.Financial Statements

FAQ

What is United Rentals's net income?
United Rentals (URI) reported net income of $753M in Q2 2026.
How has United Rentals's net income changed year-over-year?
United Rentals's net income increased by 21.1% year-over-year, from $622M to $753M.
What is the long-term trend for United Rentals's net income?
Over 4 years (2021 to 2025), United Rentals's net income has grown at a 15.8% compound annual growth rate (CAGR), from $1.39B to $2.49B.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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