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URIUnited Rentals, Inc.
$1056.02$66.2B
Overview & Verdict
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URI logoUnited Rentals, Inc.(URI)Earnings, Financials & Key Ratios

URI•NYSE
$1056.02
27.4× P/E·Price updated Jul 7, 2026
SectorIndustrialsIndustryRental & LeasingSub-IndustryCommercial equipment rental and dealer fleets
AboutUnited Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, directly to manufacturers, and at auctions. The company operates a network of 1,360 rental locations in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.Show more
  • Revenue$16.1B+4.9%
  • EBITDA$7.08B+1.6%
  • Net Income$2.49B-3.1%
  • EPS (Diluted)38.61-0.2%
  • Gross Margin35.44%-4.8%
  • EBITDA Margin43.99%-3.2%
  • Operating Margin24.68%-6.9%
  • Net Margin15.49%-7.7%
  • ROE28.36%-7.8%

URI Price & Volume

United Rentals, Inc. (URI) stock price & volume — 10-year historical chart

Loading chart...

Cyclical Margin Compression Challenges Fleet Capital Strategy

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Cyclical capital intensity

Key Thesis Takeaways

  • United Rentals maintains a dominant market position, yet faces a transition toward more moderate growth as revenue expansion decelerated to 7.2% in 2026Q1.
  • The company's reliance on debt-funded fleet expansion, evidenced by $15.0 billion in total debt, creates sensitivity to interest rate environments and industrial demand cycles.
  • Investors should monitor the sustainability of margins, which have seen gross profitability contract from 39.2% in 2023Q4 to 36.9% in 2026Q1, as the firm balances aggressive capital expenditure with the need for operational efficiency.

Verdict Logic

while the company demonstrates high-quality cash generation with an OCF/NI ratio of 2.85, the current P/E of 29.05 and declining operating margins from 28.6% in 2023Q4 to 21.8% in 2026Q1 warrant a cautious wait-and-see approach.

URI Growth Metrics

United Rentals, Inc. (URI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.72%
5 Years13.55%
3 Years11.41%
TTM5.05%

Profit CAGR

10 Years15.6%
5 Years22.89%
3 Years5.82%
TTM-1.72%

EPS CAGR

10 Years20.32%
5 Years25.91%
3 Years9.19%
TTM1.11%

Return on Capital

10 Years14.59%
5 Years16.14%
3 Years16.88%
Last Year15.62%

URI Recent Earnings

United Rentals, Inc. (URI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 22, 2026
Metric
Actual
Est
EPS
$9.71+8.5%
$8.95
Rev
$4.0B+2.8%
$3.9B
Q1 2026
Jan 28, 2026
Metric
Actual
Est
EPS
$11.09-5.9%
$11.79
Rev
$4.2B-0.8%
$4.2B
Q4 2025
Oct 22, 2025
Metric
Actual
Est
EPS
$11.70-4.8%
$12.29
Rev
$4.2B+1.6%
$4.2B
Q3 2025
Jul 23, 2025
Metric
Actual
Est
EPS
$10.47-0.4%
$10.51
Rev
$3.9B+1.3%
$3.9B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$9.71vs $8.95+8.5%
$4.0Bvs $3.9B+2.8%
Q1 2026Jan 28, 2026
$11.09vs $11.79-5.9%
$4.2Bvs $4.2B-0.8%
Q4 2025Oct 22, 2025
$11.70vs $12.29-4.8%
$4.2Bvs $4.2B+1.6%
Q3 2025Jul 23, 2025
$10.47vs $10.51-0.4%
$3.9Bvs $3.9B+1.3%
Based on last 12 quarters of dataView full earnings history →

Latest URI News

Recent stock market news and headlines for United Rentals, Inc. (URI)

Zacks Investment Research·4 days ago
Can United Rentals Offset Cost Pressures With Better Fleet Efficiency?

United Rentals, Inc. URI appears well-positioned to protect profitability through higher fleet efficiency and disciplined execution despite lingering cost pressures across the equipment rental industry. It kicked off 2026 with record first-quarter revenues, adjusted EBITDA and earnings per share, while raising its full-year guidance, reflecting confidence in demand across large construction, infrastructure, power and industrial projects.

Zacks Investment Research·Jun 25, 2026
Zacks Industry Outlook United Rentals, Simpson, Everus and Construction Partners

United Rentals, Simpson, Everus and Construction Partners have been highlighted in this Industry Outlook article.

Zacks Investment Research·Jun 24, 2026
5 Building Product Stocks to Buy Despite Industry Headwinds

Tariffs, inflation and housing headwinds weigh on the industry. Yet, URI, AGX, SSD, ECG and ROAD stocks look primed to benefit from infrastructure and innovation tailwinds.

Zacks Investment Research·Jun 24, 2026
United Rentals (URI) Is Up 0.24% in One Week: What You Should Know

Does United Rentals (URI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment Research·Jun 24, 2026
United Rentals (URI) Upgraded to Buy: Here's What You Should Know

United Rentals (URI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Peers Comparison

Key metrics vs top competitors for United Rentals, Inc. (URI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
URI logoURIUnited Rentals, Inc.Current
$1056.02$66.16B27.354.91%15.49%28.36%0.68%
KFRC logoKFRCKforce Inc.
$54.40$994.32M27.76-5.43%2.6%27.22%—
BRT logoBRTBRT Apartments Corp.
$14.87$279.89M-22.531.46%-12.52%-6.77%—
TREX logoTREXTrex Company, Inc.
$47.11$4.89B26.471.98%16.25%18.85%—
BLDR logoBLDRBuilders FirstSource, Inc.
$78.42$8.67B20.16-7.38%1.97%6.92%—
WSC logoWSCWillScot Holdings Corporation
$25.67$4.65B-88.52-4.77%-2.99%-7.11%—

Compare URI vs Peers

United Rentals, Inc. (URI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KFRC

Most directly comparable listed peer for URI.

Scale Benchmark

vs CAT

Larger-name benchmark to compare URI against a more recognizable public peer.

Peer Set

Compare Top 5

vs KFRC, BRT, TREX, BLDR

URI SEC Filings & Documents

United Rentals, Inc. (URI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Feb 10, 2026·SEC

Material company update

Feb 4, 2026·SEC

10-K Annual Reports

3
FY 2026

Jan 28, 2026·SEC

FY 2025

Jan 29, 2025·SEC

FY 2024

Jan 24, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 22, 2026·SEC

FY 2025

Oct 22, 2025·SEC

FY 2025

Jul 23, 2025·SEC

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URI Frequently Asked Questions

United Rentals, Inc. (URI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is United Rentals, Inc.'s revenue?

United Rentals, Inc. (URI) reported $16.36B in revenue for fiscal year 2025. This represents a 1241% increase from $1.22B in 1998.

How fast is United Rentals, Inc. growing?

United Rentals, Inc. (URI) grew revenue by 4.9% over the past year. Growth has been modest.

Is URI profitable?

Yes, United Rentals, Inc. (URI) is profitable, generating $2.51B in net income for fiscal year 2025 (15.5% net margin).

Dividend & Returns
Does URI pay dividends?

Yes, United Rentals, Inc. (URI) pays a dividend with a yield of 0.68%. This makes it attractive for income-focused investors.

What is URI's return on equity?

United Rentals, Inc. (URI) has a return on equity (ROE) of 28.4%. This is excellent, indicating efficient use of shareholder capital.

What is United Rentals, Inc.'s free cash flow?

United Rentals, Inc. (URI) generated $1.50B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in URI back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →