Full text
Earnings transcript
Read the complete earnings call transcript.
URI
United Rentals, Inc.
$1094.17
10.12
(0.93%)
| Exchange: | NYSE |
| Market Cap: | 68.546B |
| Shares Outstanding: | 67.5M |
Delayed data
About The Company
| Sector: | Industrials | |||||
| Industry: | Rental & Leasing Services | |||||
| CEO: | Matthew J. Flannery | |||||
| Full Time Employees: | 27900 | |||||
| Address: |
| |||||
| Website: | https://www.unitedrentals.com |
United Rentals, Inc., founded in 1997 and headquartered in Stamford, Connecticut, functions as a prominent equipment rental firm through its various subsidiaries. The company’s operations are divided into two main divisions: General Rentals and Specialty. The General Rentals segment offers a broad selection of construction and industrial machinery, including heavy equipment like backhoes, skid-steer loaders, earthmoving machinery, and forklifts, alongside aerial work platforms such as boom and scissor lifts. This division also provides general tools and lighter equipment, ranging from pressure washers to power tools. Its client base is diverse, encompassing construction and industrial enterprises, manufacturers, utility companies, municipalities, government bodies, and individual homeowners. Conversely, the Specialty segment focuses on more specialized construction products. This includes comprehensive trench safety gear, such as trench shields, aluminum hydraulic shoring systems, and construction lasers, designed for underground work. It also supplies power generation and climate control equipment, featuring portable diesel generators, electrical distribution units, and temperature management systems. Additionally, the segment offers fluid solutions for containment, transfer, and treatment, as well as mobile storage units and modular office spaces. This segment primarily caters to companies undertaking infrastructure projects, municipalities, and industrial clients. Beyond rentals, United Rentals also sells new equipment, including aerial lifts, telehandlers, and compressors, along with construction consumables, tools, small equipment, and safety supplies. It further provides parts for customer-owned machinery and offers repair and maintenance services. The company remarkets its used equipment through its dedicated sales force, brokers, its website, direct sales to manufacturers, and auctions. United Rentals maintains an extensive network of 1,360 rental facilities across the United States, Canada, Europe, Australia, and New Zealand.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 14,332,000 | 15,345,000 | 16,099,000 |
| Gross Profit | 5,382,000 | 5,713,000 | 5,706,000 |
| EBITDA | 6,627,000 | 6,982,000 | 7,162,000 |
| Operating Income | 3,855,000 | 4,068,000 | 3,974,000 |
| Net Income | 2,424,000 | 2,575,000 | 2,494,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 25,589,000 | 28,163,000 | 29,866,000 |
| Total Liabilities | 17,459,000 | 19,541,000 | 20,898,000 |
| Total Stockholders Equity | 8,130,000 | 8,622,000 | 8,968,000 |
| Total Debt | 12,662,000 | 14,789,000 | 15,353,000 |
| Cash and Cash Equivalents | 363,000 | 457,000 | 459,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 4,704,000 | 4,546,000 | 5,190,000 |
| Capital Expenditure | -4,070,000 | -4,127,000 | 0 |
| Free Cash Flow | 634,000 | 419,000 | 5,190,000 |
| Net Income | 2,424,000 | 2,575,000 | 2,494,000 |
| Net Change in Cash | 257,000 | 94,000 | 2,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 20,021,200.537 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 20,717,628.980 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 20,316,376.185 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 8,929,246.954 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 9,239,846.788 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 9,060,892.220 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 2,262,352.033 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 2,341,046.929 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 2,295,706.238 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 0 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 5 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 6 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Financial Performance: URI has demonstrated strong revenue growth as reflected in recent income statements, with consistent increases in gross profit and operating income over the reported periods. This indicates effective cost management and operational efficiency, positioning the company as a leader in its industry.
- Strong Cash Flow Generation: The cash flow statements highlight significant net cash provided by operating activities and positive free cash flow, suggesting URI's ability to fund capital expenditures and reduce debt while maintaining liquidity for strategic investments.
- Market Position and Scale: As per the company profile, URI operates within the equipment rental industry under the industrials sector, with a substantial market capitalization and a large employee base. This scale provides a competitive edge through extensive geographic coverage and diversified service offerings.
- Healthy Profitability Metrics: Key metrics such as gross profit margin TTM and net profit margin TTM indicate strong profitability relative to revenue, underscoring URI's ability to convert sales into earnings effectively compared to industry averages.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates URI intrinsic value between $92.62 – $404.81 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about URI valuation
Is United Rentals, Inc. (URI) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for United Rentals, Inc. (URI) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is URI a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether URI trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is URI’s P/E ratio?
You can see URI’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for URI?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is URI a good long-term investment?
Whether URI fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
URI
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.93
Trading Metrics:
| Open: | 1087.95 | Previous Close: | 1084.05 | |
| Day Low: | 1070 | Day High: | 1106.88 | |
| Year Low: | 682.08 | Year High: | 1106.88 | |
| Price Avg 50: | 896.67 | Price Avg 200: | 879.71 | |
| Volume: | 446357 | Average Volume: | 567363 |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeURI full analysis
Welcome to MARKETSNAP’s SWOT analysis for United Rentals! If you’re a long-term investor looking to dig into a heavyweight in the equipment rental space, you’ve come to the right place. Today, we’re breaking down United Rentals, a company that’s likely already on your radar if you’re tuned into the industrial and construction sectors. Let’s dive into what makes this company tick, analyze its strengths, weaknesses, opportunities, and threats, and figure out what could drive its stock in the years ahead.…
