Discontinued — last reported Q1 '24
Business Segments · Payments To Acquire Productive Assets
General rentals — Payments To Acquire Productive Assets
United Rentals General rentals — Payments To Acquire Productive Assets decreased by 25.9% to $506.00M in Q1 2024 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2024Apr 24, 2024
Rolls up toPayments to Acquire Other Productive Assets
How to read this metric
Higher spending signals aggressive growth or fleet renewal, while lower spending may indicate capital discipline or a defensive posture during market downturns.
Detailed definition
This metric measures the cash outflows dedicated to purchasing new rental equipment and related productive assets for th...
Peer comparison
Equivalent to capital expenditures (CapEx) specifically allocated to rental fleet assets in peer equipment rental companies.
Metric ID:
uri_segment_general_rentals_payments_to_acquire_productive_assetsHistorical Data
3 periods
| Q1 '22 | Q1 '23 | Q1 '24 | |
|---|---|---|---|
| Value | $394.00M | $683.00M | $506.00M |
| QoQ Change | — | +73.4% | -25.9% |
| YoY Change | — | +73.4% | -25.9% |
Range$394.00M – $683.00M
Avg YoY Growth+23.7%
Median YoY Growth+23.7%
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Frequently Asked Questions
- What is United Rentals's general rentals — payments to acquire productive assets?
- United Rentals (URI) reported general rentals — payments to acquire productive assets of $506.00M in Q1 2024.
- What does general rentals — payments to acquire productive assets mean?
- The total cash spent to purchase new rental equipment for the General Rentals business segment.