Saturday 17 October 2026 Export URI’s income statement to Excel — free account

United Rentals, Inc.

URI Industrials Rental & Leasing Services

United Rentals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.1 billion, up 4.91% from fiscal 2024. In the quarter to June 2026, revenue grew 11.8%, EPS grew 25.4%, free cash flow fell 21.2% and total debt rose 6.31%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five; insiders bought in the last twelve months.

1,029.64 17.94 −1.71%

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Market cap: $65.2B
P/E: 24.7×
Fwd P/E: 24.4×
Dividend yield: 0.75%
F-score: 5/9
Altman Z: 3.21
Beneish M: −2.84
Dividend safety: 80/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.05

Total sells 28.78

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	—	—	—	—	—	—	—	—
Sell	—	—	—	2	—	4	—	—	1	—	—	—

Insider Ownership 0.97%

Capital & Financial Ratios $m

Market Cap 65,200.00

Revenue 16,832.00

Net Income 2,638.00

Free Cash Flow 2,082.00

Net Debt 14,118.00

Current Ratio 0.76

Debt/Equity 1.54

P/E ratio 24.72

Fwd P/E 24.40

P/S ratio 3.83

P/B ratio 6.98

Past 5Y EPS Growth 25.91%

This Y EPS Growth 17.87%

Next Y EPS Growth 15.94%

Next Y revenue growth 10.26%

Next 5Y EPS Growth 15.97%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 92.85%

10-year low 10-year high

P/S against its own 10 years 95.25%

10-year low 10-year high

P/B against its own 10 years 96.61%

10-year low 10-year high

EV/Sales against its own 10 years 95.28%

10-year low 10-year high

EV/FCF against its own 10 years 96.65%

10-year low 10-year high

Dividends

Payout Ratio 0.18

Annual Dividend Rate 7.70

Annual Dividend Yield 0.75%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	7.78	1.97 1.97 1.97
2025	7.16	1.79 1.79 1.79 1.79
2024	6.52	1.63 1.63 1.63 1.63
2023	5.92	1.48 1.48 1.48 1.48
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	363	457	459	112
Receivables	2,230	2,357	2,510	2,797
Inventory	205	200	240	294
Other	—	—	—	—
	2,933	3,249	3,608	3,593

	2023	2024	2025	Q'26
Payables	905	748	776	1,610
ST’ Debt	1,465	1,178	1,577	1,541
Other	—	—	—	—
	3,637	3,323	3,819	4,703

Compound Annual Growth %

	10y	5y	3y
Sales	10.72%	13.55%	11.41%
Cash Flow	10.03%	14.32%	5.40%
Earnings	15.60%	22.89%	5.82%
Book Value	19.77%	14.56%	8.29%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	3,985	4,410	—	—	—
’25	3,719	3,943	4,229	4,208	16,099
’24	3,485	3,773	3,992	4,095	15,345
’23	3,285	3,554	3,765	3,728	14,332
’22	2,524	2,771	3,051	3,296	11,642
’21	2,057	2,287	2,596	2,776	9,716
’20	2,125	1,939	2,187	2,279	8,530

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,514	1,791	—	—	—
’25	1,425	1,328	1,181	1,256	5,190
’24	1,029	1,265	1,204	1,048	4,546
’23	939	1,289	1,062	1,414	4,704
’22	886	1,154	1,142	1,251	4,433
’21	758	1,176	1,087	668	3,689
’20	644	817	827	370	2,658

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,044	82	—	—	—
’25	1,071	104	(19)	975	2,131
’24	856	185	132	834	2,007
’23	469	330	328	1,141	2,268
’22	565	382	168	617	1,732
’21	718	430	87	254	1,489
’20	600	810	562	428	2,400

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	8.43	12.03	—	—	—
’25	7.91	9.59	10.91	10.27	38.61
’24	8.04	9.54	10.70	10.47	38.69
’23	6.47	8.58	10.29	10.01	35.28
’22	5.05	6.90	8.66	9.15	29.65
’21	2.80	4.02	5.63	6.61	19.04
’20	2.33	2.93	2.87	4.09	12.20

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	41.90	100.62	94.28	99.00	58.85	224.52	230.54	325.15	533.70	525.91	Analyst estimates 2026–2028 Powerpack
	High	109.90	174.40	190.74	170.04	249.60	414.99	373.91	585.50	896.98	1,021.47
People
People	Employees	12,500	14,800	18,500	19,100	18,250	20,400	24,600	26,300	27,900	28,500
	Revenue/emp, $m	0.46	0.45	0.43	0.49	0.47	0.48	0.47	0.54	0.55	0.56
Income, $m
Income, $m	Revenue	5,762	6,641	8,047	9,351	8,530	9,716	11,642	14,332	15,345	16,099
	Gross margin, %	41.70	41.70	41.80	39.25	37.32	39.66	42.91	40.56	40.08	38.16
	EBT	909	1,048	1,476	1,514	1,139	1,846	2,802	3,211	3,388	3,338
	EBT margin, %	15.78	15.78	18.34	16.19	13.35	19.00	24.07	22.40	22.08	20.73
	Net income	566	1,346	1,096	1,174	890	1,386	2,105	2,424	2,575	2,494
	Depreciation	1,254	1,392	1,683	2,053	2,002	1,996	2,230	2,795	2,918	3,123
Per share, $
Per share, $	Revenue	66.07	78.50	97.36	120.91	117.40	134.14	164.66	209.32	231.29	249.83
	Earnings	6.45	15.73	13.25	15.19	12.24	19.14	29.77	35.39	38.84	38.61
	Cash flow	22.25	26.11	34.52	39.10	36.58	50.93	62.70	68.70	68.52	80.54
	Capex	(9.50)	(15.64)	(19.41)	(19.16)	(3.55)	(30.37)	(38.20)	(35.58)	(38.27)	(47.47)
	Free cash flow	12.75	10.47	15.11	19.94	33.03	20.56	24.50	33.12	30.25	33.07
	Book value	18.90	36.71	41.17	49.52	62.55	82.71	99.88	118.74	129.96	139.17
	Shares, m	87	85	83	77	73	72	71	68	66	64
Valuation, ×
Valuation, ×	P/E	16.79	11.03	7.71	10.95	18.92	17.39	11.94	16.00	18.15	20.91
	P/S	1.65	2.21	1.05	1.38	1.98	2.48	2.17	2.71	3.05	3.24
	P/B	5.79	4.73	2.49	3.37	3.71	4.02	3.57	4.78	5.42	5.82
	EV/Sales	2.95	3.58	2.51	2.60	3.09	3.46	3.13	3.49	3.89	4.09
	EV/FCF	15.30	26.83	16.16	15.74	10.97	22.57	21.06	22.04	29.74	30.93
Cash, $m
Cash, $m	Operating cash flow	1,941	2,209	2,853	3,024	2,658	3,689	4,433	4,704	4,546	5,190
	Capex	(829)	(1,323)	(1,604)	(1,482)	(258)	(2,200)	(2,701)	(2,436)	(2,539)	(3,059)
	Free cash flow	1,112	886	1,249	1,542	2,400	1,489	1,732	2,268	2,007	2,131
Balance, $m
Balance, $m	Working capital	177	104	(355)	(356)	127	(452)	278	(704)	(74)	(211)
	Total debt	7,790	9,440	11,747	11,428	9,682	9,685	11,370	11,518	13,406	14,229
	Net debt	7,478	9,088	11,704	11,376	9,480	9,541	11,264	11,155	12,949	13,770
	Shareholders’ equity	1,648	3,106	3,403	3,830	4,545	5,991	7,062	8,130	8,622	8,968
Returns, %
Returns, %	ROA	4.70	9.96	6.61	6.33	4.83	7.26	9.47	9.74	9.58	8.60
	ROIC	9.69	7.72	8.07	8.85	8.02	9.16	11.02	12.40	11.78	10.92
	ROE	36.24	56.63	33.68	32.46	21.25	26.31	32.25	31.91	30.74	28.36

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
URI United Rentals, Inc.	$65.2B	24.7×	24.4×	+11.84% (above 0%: growing)	+25.44% (above 0%: growing)	−21.15% (below 0%: shrinking)	39.27%	25.80%
AER Aercap Holdings N.V.	$22.5B	7.1×	8.6×	+14.86% (above 0%: growing)	−35.77% (below 0%: shrinking)	+28.45% (above 0%: growing)	100.00%	58.41%	Compare
UHAL U-Haul Holding Company	$10.1B	407×	74.7×	+3.16% (above 0%: growing)	−14.71% (below 0%: shrinking)	+71.17% (above 0%: growing)	33.35%	14.90%	Compare
R Ryder System, Inc.	$9.2B	19.4×	18.1×	+4.95% (above 0%: growing)	+8.31% (above 0%: growing)	+103.98% (above 0%: growing)	19.72%	7.56%	Compare
GATX GATX Corporation	$5.8B	16.4×	17.1×	+34.75% (above 0%: growing)	+37.68% (above 0%: growing)	+231.20% (above 0%: growing)	72.56%	27.65%	Compare
HRI Herc Holdings Inc.	$4.2B	82.7×	26.2×	+20.16% (above 0%: growing)	n/m	+100.00% (above 0%: growing)	51.41%	12.21%	Compare
CAR Avis Budget Group, Inc.	$3.9B	— (loss-making)	51.7×	−1.35% (below 0%: shrinking)	+900.00% (above 0%: growing)	−28.24% (below 0%: shrinking)	49.10%	14.81%	Compare
EQPT EquipmentShare.com Inc.	$3.7B	15.1×	38.5×	+102.37% (above 0%: growing)	n/m	−17.02% (below 0%: shrinking)	28.36%	6.49%	Compare
WSC WillScot Holdings Corporation	$3.0B	— (loss-making)	25.5×	+3.92% (above 0%: growing)	0.00%	−60.91% (below 0%: shrinking)	61.83%	19.19%	Compare
Median of peers	$5.0B	17.9×	25.9×	+9.91%	+4.16%	+49.81%	50.26%	14.86%

All 20 Rental & Leasing Services stocks →

United Rentals, Inc. (URI) key facts

Concern: Net income was $2.5 billion, or $38.61 per share (basic), a net margin of 15.5%.
Strength: United Rentals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.1 billion, up 4.91% from fiscal 2024.
United Rentals, Inc. (URI) is a Rental & Leasing Services company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, URI traded at $1,029.64, a market capitalization of $65.2 billion.
At that price the stock trades at 24.7× trailing-twelve-month earnings and 3.8× sales; its P/E is higher than 93% of its own readings over the past ten years.
United Rentals, Inc. pays an annual dividend of $7.70 per share, a yield of 0.75%, with a payout ratio of 18.5%.
Return on equity was 28.4% and debt-to-equity 1.54.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.21 (safe zone) for fiscal 2025.