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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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
16.79 | 11.03 | 7.71 | 10.95 | 18.92 | 17.39 | 11.94 | 16.00 | 18.15 | 20.91 |
Piotroski F-Score |
6 | 6 | 5 | 7 | 6 | 8 | 8 | 7 | 5 | 5 |
P/S ratio |
1.65 | 2.21 | 1.05 | 1.38 | 1.98 | 2.48 | 2.17 | 2.71 | 3.05 | 3.24 |
Altman Z-Score |
1.62 | 1.79 | 1.44 | 1.75 | 2.06 | 2.35 | 2.38 | 3.01 | 3.14 | 3.21 |
Altman Z″-Score (non-manufacturers) |
1.51 | 1.64 | 1.57 | 1.81 | 2.21 | 2.26 | 2.71 | 2.80 | 3.01 | 3.03 |
P/FCF ratio |
8.57 | 16.57 | 6.78 | 8.36 | 7.02 | 16.16 | 14.56 | 17.12 | 23.29 | 24.47 |
Beneish M-Score |
(3.02) | (2.47) | (2.70) | (2.85) | (3.01) | (2.80) | (2.83) | (2.73) | (2.74) | (2.84) |
P/Operating CF |
30.66 | 32.42 | 11.61 | 29.18 | 45.54 | 36.03 | 20.16 | 27.46 | 44.60 | 41.52 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 80 |
P/B ratio |
5.79 | 4.73 | 2.49 | 3.37 | 3.71 | 4.02 | 3.57 | 4.78 | 5.42 | 5.82 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.19 | 25.55 | 44.13 | 38.04 |
EV/Sales |
2.95 | 3.58 | 2.51 | 2.60 | 3.09 | 3.46 | 3.13 | 3.49 | 3.89 | 4.09 |
EV/EBITDA |
6.37 | 8.20 | 5.55 | 5.77 | 6.93 | 7.87 | 6.68 | 7.55 | 8.55 | 9.29 |
EV/Operating CF |
8.76 | 10.76 | 7.07 | 8.03 | 9.91 | 9.11 | 8.23 | 10.63 | 13.13 | 12.70 |
EV/FCF |
15.30 | 26.83 | 16.16 | 15.74 | 10.97 | 22.57 | 21.06 | 22.04 | 29.74 | 30.93 |
Quick Ratio |
1.04 | 0.95 | 0.75 | 0.72 | 0.80 | 0.70 | 0.86 | 0.71 | 0.85 | 0.78 |
Current Ratio |
1.15 | 1.06 | 0.83 | 0.84 | 1.07 | 0.83 | 1.11 | 0.81 | 0.98 | 0.94 |
Net Debt/EBITDA |
2.80 | 3.13 | 3.22 | 2.71 | 2.49 | 2.23 | 2.06 | 1.68 | 1.85 | 1.94 |
Debt/Assets |
64.98% | 62.81% | 64.78% | 60.24% | 54.19% | 47.73% | 47.02% | 45.01% | 47.60% | 47.64% |
Debt/Equity |
4.73 | 3.04 | 3.45 | 2.98 | 2.13 | 1.62 | 1.61 | 1.42 | 1.55 | 1.59 |
Asset Turnover |
0.48 | 0.49 | 0.49 | 0.50 | 0.46 | 0.51 | 0.52 | 0.58 | 0.57 | 0.55 |
Operating CF/Net income |
3.43 | 1.64 | 2.60 | 2.58 | 2.99 | 2.66 | 2.11 | 1.94 | 1.77 | 2.08 |
Capex/Depreciation |
(0.66) | (0.95) | (0.95) | (0.72) | (0.13) | (1.10) | (1.21) | (0.87) | (0.87) | (0.98) |
Interest Coverage |
2.77 | 3.25 | 4.06 | 3.32 | 2.69 | 5.37 | 7.26 | 6.03 | 5.88 | 5.55 |
| 36.24% | 56.63% | 33.68% | 32.46% | 21.25% | 26.31% | 32.25% | 31.91% | 30.74% | 28.36% | |
| 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% |
Return on Tangible Assets |
8.33% | 16.03% | 11.12% | 11.70% | 9.43% | 12.93% | 14.62% | 17.07% | 16.20% | 14.68% |
Average Days of Receivables |
58.28 | 67.77 | 70.08 | 59.72 | 56.27 | 63.00 | 62.83 | 56.79 | 56.06 | 56.91 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
12.48% | 13.60% | 12.90% | 11.68% | 11.48% | 12.34% | 12.03% | 10.65% | 10.72% | 10.76% |
Intangible Assets out of Total Assets |
0.33 | 0.33 | 0.34 | 0.32 | 0.33 | 0.30 | 0.27 | 0.26 | 0.27 | 0.25 |
Share Based Compensation of Revenue |
0.78% | 1.31% | 1.27% | 0.65% | 0.82% | 1.22% | 1.09% | 0.66% | 0.73% | 0.83% |
Graham Net Nets |
(0.94) | (0.69) | (1.53) | (1.03) | (0.67) | (0.50) | (0.57) | (0.37) | (0.35) | (0.33) |
Graham Number |
52.61 | 114.03 | 111.00 | 130.27 | 131.36 | 188.58 | 259.09 | 307.75 | 336.91 | 348.09 |
Earnings Yield |
5.96% | 9.07% | 12.97% | 9.13% | 5.29% | 5.75% | 8.37% | 6.25% | 5.51% | 4.78% |
Free Cash Flow Yield |
11.66% | 6.03% | 14.74% | 11.96% | 14.24% | 6.19% | 6.87% | 5.84% | 4.29% | 4.09% |
Revenue per Share |
66.07 | 78.50 | 97.36 | 120.91 | 117.40 | 134.14 | 164.66 | 209.32 | 231.29 | 249.83 |
Operating CF per Share |
22.25 | 26.11 | 34.52 | 39.10 | 36.58 | 50.93 | 62.70 | 68.70 | 68.52 | 80.54 |
Capex per Share |
(9.50) | (15.64) | (19.41) | (19.16) | (3.55) | (30.37) | (38.20) | (35.58) | (38.27) | (47.47) |
Free Cash Flow per Share |
12.75 | 10.47 | 15.11 | 19.94 | 33.03 | 20.56 | 24.50 | 33.12 | 30.25 | 33.07 |
Cash per Share |
3.58 | 4.16 | 0.52 | 0.67 | 2.78 | 1.99 | 1.50 | 5.30 | 6.89 | 7.12 |
Shareholders Equity per Share |
18.90 | 36.71 | 41.17 | 49.52 | 62.55 | 82.71 | 99.88 | 118.74 | 129.96 | 139.17 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
18.90 | 36.71 | 41.17 | 49.52 | 62.55 | 82.71 | 99.88 | 118.74 | 129.96 | 139.17 |
Free Cash Flow |
1,112.00 | 886.00 | 1,249.00 | 1,542.00 | 2,400.00 | 1,489.00 | 1,732.00 | 2,268.00 | 2,007.00 | 2,131.00 |
Working Capital |
177.00 | 104.00 | (355.00) | (356.00) | 127.00 | (452.00) | 278.00 | (704.00) | (74.00) | (211.00) |
Capital Expenditures |
(829.00) | (1,323.00) | (1,604.00) | (1,482.00) | (258.00) | (2,200.00) | (2,701.00) | (2,436.00) | (2,539.00) | (3,059.00) |
Net Current Asset Value |
(8,979.00) | (10,152.00) | (12,969.00) | (13,298.00) | (11,306.00) | (12,150.00) | (14,398.00) | (14,526.00) | (16,292.00) | (17,290.00) |
EV/EBIT |
12.02 | 15.77 | 10.34 | 11.28 | 14.63 | 14.76 | 11.29 | 13.06 | 14.68 | 16.59 |
Capex to Sales |
0.14 | 0.20 | 0.20 | 0.16 | 0.03 | 0.23 | 0.23 | 0.17 | 0.17 | 0.19 |
Price to Operating Income |
6.74 | 9.74 | 4.34 | 5.99 | 9.36 | 10.57 | 7.80 | 10.15 | 11.50 | 13.13 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.19 | 0.17 | 0.16 | 0.20 | 0.22 | 0.18 | 0.16 | 0.19 | 0.18 | 0.18 |
Cash ROIC |
11.41% | 6.87% | 8.22% | 10.07% | 16.63% | 9.41% | 9.34% | 11.33% | 8.93% | 9.01% |
Accounts Receivable Turnover |
6.23 | 6.17 | 5.79 | 6.08 | 6.00 | 6.49 | 6.33 | 6.77 | 6.69 | 6.62 |
Accounts Payable Turnover |
13.07 | 11.88 | 9.91 | 11.48 | 11.62 | 9.15 | 6.80 | 8.34 | 11.13 | 13.06 |
Inventory Turnover |
49.04 | 54.15 | 50.90 | 49.62 | 43.65 | 40.57 | 33.57 | 38.99 | 45.41 | 45.25 |
Average Days of Payables |
26.41 | 38.56 | 41.78 | 29.17 | 31.81 | 50.80 | 62.55 | 38.78 | 29.69 | 28.45 |
Days of Inventory on Hand |
7.39 | 7.07 | 8.50 | 7.71 | 8.53 | 10.21 | 12.74 | 8.78 | 7.94 | 8.80 |
Average Receivables |
925.00 | 1,076.50 | 1,389.00 | 1,537.50 | 1,422.50 | 1,496.00 | 1,840.50 | 2,117.00 | 2,293.50 | 2,433.50 |
Average Payables |
257.00 | 326.00 | 472.50 | 495.00 | 460.00 | 641.00 | 977.50 | 1,022.00 | 826.50 | 762.00 |
Average Inventory |
68.50 | 71.50 | 92.00 | 114.50 | 122.50 | 144.50 | 198.00 | 218.50 | 202.50 | 220.00 |
Average Assets |
12,035.50 | 13,509.00 | 16,581.50 | 18,551.50 | 18,419.00 | 19,080.00 | 22,237.50 | 24,886.00 | 26,876.00 | 29,014.50 |
Average Common Equity |
1,562.00 | 2,377.00 | 3,254.50 | 3,616.50 | 4,187.50 | 5,268.00 | 6,526.50 | 7,596.00 | 8,376.00 | 8,795.00 |
Columns are period end dates