Discontinued — last reported Q1 '24
Business Segments · Payments to Acquire Productive Assets
Specialty — Payments to Acquire Productive Assets
United Rentals Specialty — Payments to Acquire Productive Assets decreased by 21.4% to $147.00M in Q1 2024 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2024Apr 24, 2024
Rolls up toPayments to Acquire Other Productive Assets
How to read this metric
An increase indicates aggressive fleet expansion or modernization, while a decrease may signal capital discipline or a shift toward asset-light strategies.
Detailed definition
This metric represents the cash outflows dedicated to purchasing long-lived tangible assets specifically for the special...
Peer comparison
Comparable to 'Capital Expenditures' or 'Purchase of Property, Plant, and Equipment' reported by competitors in the specialized equipment rental or industrial services sectors.
Metric ID:
uri_segment_specialty_payments_to_acquire_productive_assetsHistorical Data
3 periods
| Q1 '22 | Q1 '23 | Q1 '24 | |
|---|---|---|---|
| Value | $143.00M | $187.00M | $147.00M |
| QoQ Change | — | +30.8% | -21.4% |
| YoY Change | — | +30.8% | -21.4% |
Range$143.00M – $187.00M
Avg YoY Growth+4.7%
Median YoY Growth+4.7%
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Frequently Asked Questions
- What is United Rentals's specialty — payments to acquire productive assets?
- United Rentals (URI) reported specialty — payments to acquire productive assets of $147.00M in Q1 2024.
- What does specialty — payments to acquire productive assets mean?
- The total cash spent to acquire new equipment and productive assets for the specialty rental business segment.