URI · United Rentals, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.98B | - | $4.23B | $3.94B | $3.72B | - | $3.99B | $3.77B | $3.48B | - |
| Cost of Revenue | $2.52B | - | $2.56B | $2.41B | $2.36B | - | $2.34B | $2.25B | $2.14B | - |
| Gross Profit | $1.47B | - | $1.67B | $1.53B | $1.36B | - | $1.65B | $1.52B | $1.35B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $441.00M | - | $442.00M | $422.00M | $437.00M | - | $416.00M | $404.00M | $389.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $114.00M | - | $109.00M | $108.00M | $114.00M | - | $109.00M | $109.00M | $104.00M | - |
| Operating Income | $869.00M | - | $1.11B | $1.00B | $804.00M | - | $1.12B | $1.00B | $852.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $170.00M | - | $236.00M | $217.00M | $170.00M | - | $241.00M | $199.00M | $153.00M | - |
| Net Income | $531.00M | - | $701.00M | $622.00M | $518.00M | - | $708.00M | $636.00M | $542.00M | - |
| EPS - Basic | $8.44 | - | $10.93 | $9.59 | $7.92 | - | $10.73 | $9.56 | $8.06 | - |
| EPS - Diluted | $8.43 | - | $10.91 | $9.59 | $7.91 | - | $10.70 | $9.54 | $8.04 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $156.00M | $459.00M | $512.00M | $548.00M | $542.00M | $457.00M | $479.00M | $467.00M | $429.00M | $363.00M |
| Accounts Receivable | $2.56B | $2.51B | $2.58B | $2.37B | $2.30B | $2.36B | $2.40B | $2.26B | $2.22B | $2.23B |
| Inventory | $256.00M | $240.00M | $234.00M | $242.00M | $227.00M | $200.00M | $211.00M | $219.00M | $208.00M | $205.00M |
| Accounts Payable | $1.08B | $776.00M | $1.28B | $1.44B | $1.03B | $748.00M | $1.22B | $1.35B | $959.00M | $905.00M |
| Current Assets | $3.31B | $3.61B | $3.78B | $3.52B | $3.24B | $3.25B | $3.32B | $3.22B | $3.01B | $2.93B |
| Total Assets | $29.89B | $29.87B | $30.07B | $29.21B | $28.05B | $28.16B | $28.41B | $27.61B | $26.66B | $25.59B |
| Current Liabilities | $4.13B | $3.82B | $4.21B | $4.10B | $3.79B | $3.32B | $4.03B | $3.97B | $3.36B | $3.64B |
| Long-term Debt | - | $14.30B | - | - | - | $13.47B | - | - | - | $11.58B |
| Total Liabilities | $20.92B | $20.90B | $21.07B | $20.17B | $19.26B | $19.54B | $19.83B | $19.33B | $18.54B | $17.46B |
| Stockholders' Equity | $8.97B | $8.97B | $9.00B | $9.04B | $8.79B | $8.62B | $8.58B | $8.28B | $8.12B | $8.13B |
| Retained Earnings | $16.25B | $15.84B | $15.30B | $14.72B | $14.21B | $13.81B | $13.23B | $12.63B | $12.10B | $11.67B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.51B | - | - | - | $1.43B | - | - | - | $1.03B | - |
| Investing Cash Flow | ($853.00M) | - | - | - | ($361.00M) | - | - | - | ($1.28B) | - |
| Financing Cash Flow | ($958.00M) | - | - | - | ($981.00M) | - | - | - | $325.00M | - |
| CapEx | - | - | - | - | - | - | - | - | $653.00M | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | $376.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 36.9% | - | 39.4% | 38.9% | 36.5% | - | 41.3% | 40.2% | 38.6% | - |
| Operating margin | 21.8% | - | 26.3% | 25.4% | 21.6% | - | 28.1% | 26.6% | 24.4% | - |
| EBITDA margin | 24.7% | - | 28.9% | 28.2% | 24.7% | - | 30.8% | 29.5% | 27.4% | - |
| Net margin | 13.3% | - | 16.6% | 15.8% | 13.9% | - | 17.7% | 16.9% | 15.6% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | 10.8% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 0.69 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 11.1% | - | 10.5% | 10.7% | 11.8% | - | 10.4% | 10.7% | 11.2% | - |
| Effective tax rate | 24.3% | - | 25.2% | 25.9% | 24.7% | - | 25.4% | 23.8% | 22.0% | - |
| Return on assets | 1.8% | - | 2.3% | 2.1% | 1.8% | - | 2.5% | 2.3% | 2.0% | - |
| Return on equity | 5.9% | - | 7.8% | 6.9% | 5.9% | - | 8.3% | 7.7% | 6.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.80 | 0.94 | 0.90 | 0.86 | 0.85 | 0.98 | 0.82 | 0.81 | 0.89 | 0.81 |
| Quick ratio | 0.74 | 0.88 | 0.84 | 0.80 | 0.79 | 0.92 | 0.77 | 0.76 | 0.83 | 0.75 |
| Cash ratio | 0.04 | 0.12 | 0.12 | 0.13 | 0.14 | 0.14 | 0.12 | 0.12 | 0.13 | 0.10 |
| Leverage | ||||||||||
| Debt / Equity | - | 1.59 | - | - | - | 1.56 | - | - | - | 1.42 |
| Debt / Assets | - | 0.48 | - | - | - | 0.48 | - | - | - | 0.45 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 3.33 | 3.33 | 3.34 | 3.23 | 3.19 | 3.27 | 3.31 | 3.33 | 3.28 | 3.15 |
| Liabilities / Assets | 0.70 | 0.70 | 0.70 | 0.69 | 0.69 | 0.69 | 0.70 | 0.70 | 0.70 | 0.68 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.14 | 0.14 | 0.13 | - | 0.14 | 0.14 | 0.13 | - |
| Inventory turnover | 9.83 | - | 10.96 | 9.96 | 10.41 | - | 11.11 | 10.30 | 10.28 | - |
| Days sales outstanding | 235d | - | 223d | 219d | 226d | - | 219d | 219d | 233d | - |
| Days inventory outstanding | 37d | - | 33d | 37d | 35d | - | 33d | 35d | 35d | - |
| Days payable outstanding | 157d | - | 182d | 218d | 159d | - | 189d | 218d | 164d | - |
| Cash conversion cycle | 114d | - | 74d | 38d | 102d | - | 63d | 36d | 104d | - |
| Valuation | ||||||||||
| P / E | 86.4x | - | 87.5x | 78.6x | 79.2x | - | 75.7x | 67.8x | 89.7x | - |
| P / B | 5.1x | - | 6.8x | 5.4x | 4.7x | - | 6.2x | 5.2x | 6.0x | - |
| P / S | 11.5x | - | 14.5x | 12.4x | 11.0x | - | 13.4x | 11.4x | 13.9x | - |
| EV / EBITDA | 46.6x | - | 49.8x | 43.5x | 44.1x | - | 43.1x | 38.3x | 50.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.2% | - | 5.9% | 4.5% | 6.7% | - | 6.0% | 6.2% | 6.1% | - |
| Revenue CAGR (3y) | 6.7% | - | 11.5% | 12.5% | 13.8% | - | 15.4% | 18.2% | 19.2% | - |
| Revenue CAGR (5y) | 14.1% | - | 14.1% | 15.3% | 11.8% | - | 9.9% | 10.5% | 10.5% | - |
| Gross profit growth (YoY) | 8.3% | - | 1.0% | 1.0% | 0.7% | - | 4.0% | 6.5% | 8.5% | - |
| Operating income growth (YoY) | 8.1% | - | -0.7% | -0.1% | -5.6% | - | 2.1% | 8.5% | 15.1% | - |
| Net income growth (YoY) | 2.5% | - | -1.0% | -2.2% | -4.4% | - | 0.7% | 7.6% | 20.2% | - |
| EPS growth (YoY) | 6.6% | - | 2.0% | 0.5% | -1.6% | - | 4.0% | 11.2% | 24.3% | - |
| EPS CAGR (3y) | 9.2% | - | 8.0% | 11.6% | 16.1% | - | 23.9% | 33.4% | 42.1% | - |
| EPS CAGR (5y) | 24.7% | - | 30.6% | 26.8% | 27.7% | - | 16.1% | 22.6% | 29.7% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 444.9% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | -9.7% | - |
| Book value growth (YoY) | 2.0% | 4.0% | 4.9% | 9.1% | 8.2% | 6.1% | 10.6% | 11.7% | 13.9% | 15.1% |
Peer comparison
Same SIC group: Services-Equipment Rental & Leasing, NEC
Comparing UNITED RENTALS against the 5 most active filers in the same SIC group.
Dividends
$7.52/share trailing 12 months · +9.9% YoY
| Ex-date | Per share |
|---|---|
| May 13, 2026 | $1.9700 |
| Feb 11, 2026 | $1.9700 |
| Nov 12, 2025 | $1.7900 |
| Aug 13, 2025 | $1.7900 |
| May 14, 2025 | $1.7900 |
| Feb 12, 2025 | $1.7900 |
| Nov 13, 2024 | $1.6300 |
| Aug 14, 2024 | $1.6300 |
| May 7, 2024 | $1.6300 |
| Feb 13, 2024 | $1.6300 |
| Nov 7, 2023 | $1.4800 |
| Aug 8, 2023 | $1.4800 |
| May 9, 2023 | $1.4800 |
| Feb 7, 2023 | $1.4800 |