Discontinued — last reported Q3 '24
Business Segments · CapEx
Specialty — CapEx
United Rentals Specialty — CapEx decreased by 22.3% to $292.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 32.1%, from $221.00M to $292.00M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ3 2020
Last reportedQ3 2024Oct 23, 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 a focus on cash flow preservation or a maturing fleet cycle.
Detailed definition
This metric measures the cash outflows used by the Specialty segment to acquire, upgrade, or maintain long-lived rental...
Peer comparison
This is a standard metric across all industrial rental companies, representing the core reinvestment rate required to sustain and grow rental revenue.
Metric ID:
uri_segment_specialty_capital_expendituresHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $115.00M | $189.00M | $143.00M | $240.00M | $260.00M | $187.00M | $274.00M | $221.00M | $147.00M | $376.00M | $292.00M |
| QoQ Change | — | +64.3% | -24.3% | +67.8% | +8.3% | -28.1% | +46.5% | -19.3% | -33.5% | +155.8% | -22.3% |
| YoY Change | — | — | — | +108.7% | +37.6% | +30.8% | +14.2% | -15.0% | -21.4% | +37.2% | +32.1% |
Range$115.00M – $376.00M
CAGR+45.2%
Avg YoY Growth+28.0%
Median YoY Growth+31.4%
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Frequently Asked Questions
- What is United Rentals's specialty — capex?
- United Rentals (URI) reported specialty — capex of $292.00M in Q3 2024.
- How has United Rentals's specialty — capex changed year-over-year?
- United Rentals's specialty — capex increased by 32.1% year-over-year, from $221.00M to $292.00M.
- What does specialty — capex mean?
- The total cash spent by the Specialty segment to purchase or upgrade its rental equipment and infrastructure.