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 '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
20.91 | 18.15 | 16.00 | 11.94 | 17.39 | 18.92 | 10.95 | 7.71 | 11.03 | 16.79 |
Piotroski F-Score |
5 | 5 | 7 | 8 | 8 | 6 | 7 | 5 | 6 | 6 |
P/S ratio |
3.24 | 3.05 | 2.71 | 2.17 | 2.48 | 1.98 | 1.38 | 1.05 | 2.21 | 1.65 |
Altman Z-Score |
3.21 | 3.14 | 3.01 | 2.38 | 2.35 | 2.06 | 1.75 | 1.44 | 1.79 | 1.62 |
Altman Z″-Score (non-manufacturers) |
3.03 | 3.01 | 2.80 | 2.71 | 2.26 | 2.21 | 1.81 | 1.57 | 1.64 | 1.51 |
P/FCF ratio |
24.47 | 23.29 | 17.12 | 14.56 | 16.16 | 7.02 | 8.36 | 6.78 | 16.57 | 8.57 |
Beneish M-Score |
(2.84) | (2.74) | (2.73) | (2.83) | (2.80) | (3.01) | (2.85) | (2.70) | (2.47) | (3.02) |
P/Operating CF |
41.52 | 44.60 | 27.46 | 20.16 | 36.03 | 45.54 | 29.18 | 11.61 | 32.42 | 30.66 |
Dividend Safety Score |
80 | — | — | — | — | — | — | — | — | — |
P/B ratio |
5.82 | 5.42 | 4.78 | 3.57 | 4.02 | 3.71 | 3.37 | 2.49 | 4.73 | 5.79 |
Price to Tangible BV |
38.04 | 44.13 | 25.55 | 43.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
4.09 | 3.89 | 3.49 | 3.13 | 3.46 | 3.09 | 2.60 | 2.51 | 3.58 | 2.95 |
EV/EBITDA |
9.29 | 8.55 | 7.55 | 6.68 | 7.87 | 6.93 | 5.77 | 5.55 | 8.20 | 6.37 |
EV/Operating CF |
12.70 | 13.13 | 10.63 | 8.23 | 9.11 | 9.91 | 8.03 | 7.07 | 10.76 | 8.76 |
EV/FCF |
30.93 | 29.74 | 22.04 | 21.06 | 22.57 | 10.97 | 15.74 | 16.16 | 26.83 | 15.30 |
Quick Ratio |
0.78 | 0.85 | 0.71 | 0.86 | 0.70 | 0.80 | 0.72 | 0.75 | 0.95 | 1.04 |
Current Ratio |
0.94 | 0.98 | 0.81 | 1.11 | 0.83 | 1.07 | 0.84 | 0.83 | 1.06 | 1.15 |
Net Debt/EBITDA |
1.94 | 1.85 | 1.68 | 2.06 | 2.23 | 2.49 | 2.71 | 3.22 | 3.13 | 2.80 |
Debt/Assets |
47.64% | 47.60% | 45.01% | 47.02% | 47.73% | 54.19% | 60.24% | 64.78% | 62.81% | 64.98% |
Debt/Equity |
1.59 | 1.55 | 1.42 | 1.61 | 1.62 | 2.13 | 2.98 | 3.45 | 3.04 | 4.73 |
Asset Turnover |
0.55 | 0.57 | 0.58 | 0.52 | 0.51 | 0.46 | 0.50 | 0.49 | 0.49 | 0.48 |
Operating CF/Net income |
2.08 | 1.77 | 1.94 | 2.11 | 2.66 | 2.99 | 2.58 | 2.60 | 1.64 | 3.43 |
Capex/Depreciation |
(0.98) | (0.87) | (0.87) | (1.21) | (1.10) | (0.13) | (0.72) | (0.95) | (0.95) | (0.66) |
Interest Coverage |
5.55 | 5.88 | 6.03 | 7.26 | 5.37 | 2.69 | 3.32 | 4.06 | 3.25 | 2.77 |
| 28.36% | 30.74% | 31.91% | 32.25% | 26.31% | 21.25% | 32.46% | 33.68% | 56.63% | 36.24% | |
| 8.60% | 9.58% | 9.74% | 9.47% | 7.26% | 4.83% | 6.33% | 6.61% | 9.96% | 4.70% | |
ROIC |
10.92% | 11.78% | 12.40% | 11.02% | 9.16% | 8.02% | 8.85% | 8.07% | 7.72% | 9.69% |
Return on Tangible Assets |
14.68% | 16.20% | 17.07% | 14.62% | 12.93% | 9.43% | 11.70% | 11.12% | 16.03% | 8.33% |
Average Days of Receivables |
56.91 | 56.06 | 56.79 | 62.83 | 63.00 | 56.27 | 59.72 | 70.08 | 67.77 | 58.28 |
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 |
10.76% | 10.72% | 10.65% | 12.03% | 12.34% | 11.48% | 11.68% | 12.90% | 13.60% | 12.48% |
Intangible Assets out of Total Assets |
0.25 | 0.27 | 0.26 | 0.27 | 0.30 | 0.33 | 0.32 | 0.34 | 0.33 | 0.33 |
Share Based Compensation of Revenue |
0.83% | 0.73% | 0.66% | 1.09% | 1.22% | 0.82% | 0.65% | 1.27% | 1.31% | 0.78% |
Graham Net Nets |
(0.33) | (0.35) | (0.37) | (0.57) | (0.50) | (0.67) | (1.03) | (1.53) | (0.69) | (0.94) |
Graham Number |
348.09 | 336.91 | 307.75 | 259.09 | 188.58 | 131.36 | 130.27 | 111.00 | 114.03 | 52.61 |
Earnings Yield |
4.78% | 5.51% | 6.25% | 8.37% | 5.75% | 5.29% | 9.13% | 12.97% | 9.07% | 5.96% |
Free Cash Flow Yield |
4.09% | 4.29% | 5.84% | 6.87% | 6.19% | 14.24% | 11.96% | 14.74% | 6.03% | 11.66% |
Revenue per Share |
249.83 | 231.29 | 209.32 | 164.66 | 134.14 | 117.40 | 120.91 | 97.36 | 78.50 | 66.07 |
Operating CF per Share |
80.54 | 68.52 | 68.70 | 62.70 | 50.93 | 36.58 | 39.10 | 34.52 | 26.11 | 22.25 |
Capex per Share |
(47.47) | (38.27) | (35.58) | (38.20) | (30.37) | (3.55) | (19.16) | (19.41) | (15.64) | (9.50) |
Free Cash Flow per Share |
33.07 | 30.25 | 33.12 | 24.50 | 20.56 | 33.03 | 19.94 | 15.11 | 10.47 | 12.75 |
Cash per Share |
7.12 | 6.89 | 5.30 | 1.50 | 1.99 | 2.78 | 0.67 | 0.52 | 4.16 | 3.58 |
Shareholders Equity per Share |
139.17 | 129.96 | 118.74 | 99.88 | 82.71 | 62.55 | 49.52 | 41.17 | 36.71 | 18.90 |
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 |
139.17 | 129.96 | 118.74 | 99.88 | 82.71 | 62.55 | 49.52 | 41.17 | 36.71 | 18.90 |
Free Cash Flow |
2,131.00 | 2,007.00 | 2,268.00 | 1,732.00 | 1,489.00 | 2,400.00 | 1,542.00 | 1,249.00 | 886.00 | 1,112.00 |
Working Capital |
(211.00) | (74.00) | (704.00) | 278.00 | (452.00) | 127.00 | (356.00) | (355.00) | 104.00 | 177.00 |
Capital Expenditures |
(3,059.00) | (2,539.00) | (2,436.00) | (2,701.00) | (2,200.00) | (258.00) | (1,482.00) | (1,604.00) | (1,323.00) | (829.00) |
Net Current Asset Value |
(17,290.00) | (16,292.00) | (14,526.00) | (14,398.00) | (12,150.00) | (11,306.00) | (13,298.00) | (12,969.00) | (10,152.00) | (8,979.00) |
EV/EBIT |
16.59 | 14.68 | 13.06 | 11.29 | 14.76 | 14.63 | 11.28 | 10.34 | 15.77 | 12.02 |
Capex to Sales |
0.19 | 0.17 | 0.17 | 0.23 | 0.23 | 0.03 | 0.16 | 0.20 | 0.20 | 0.14 |
Price to Operating Income |
13.13 | 11.50 | 10.15 | 7.80 | 10.57 | 9.36 | 5.99 | 4.34 | 9.74 | 6.74 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.18 | 0.18 | 0.19 | 0.16 | 0.18 | 0.22 | 0.20 | 0.16 | 0.17 | 0.19 |
Cash ROIC |
9.01% | 8.93% | 11.33% | 9.34% | 9.41% | 16.63% | 10.07% | 8.22% | 6.87% | 11.41% |
Accounts Receivable Turnover |
6.62 | 6.69 | 6.77 | 6.33 | 6.49 | 6.00 | 6.08 | 5.79 | 6.17 | 6.23 |
Accounts Payable Turnover |
13.06 | 11.13 | 8.34 | 6.80 | 9.15 | 11.62 | 11.48 | 9.91 | 11.88 | 13.07 |
Inventory Turnover |
45.25 | 45.41 | 38.99 | 33.57 | 40.57 | 43.65 | 49.62 | 50.90 | 54.15 | 49.04 |
Average Days of Payables |
28.45 | 29.69 | 38.78 | 62.55 | 50.80 | 31.81 | 29.17 | 41.78 | 38.56 | 26.41 |
Days of Inventory on Hand |
8.80 | 7.94 | 8.78 | 12.74 | 10.21 | 8.53 | 7.71 | 8.50 | 7.07 | 7.39 |
Average Receivables |
2,433.50 | 2,293.50 | 2,117.00 | 1,840.50 | 1,496.00 | 1,422.50 | 1,537.50 | 1,389.00 | 1,076.50 | 925.00 |
Average Payables |
762.00 | 826.50 | 1,022.00 | 977.50 | 641.00 | 460.00 | 495.00 | 472.50 | 326.00 | 257.00 |
Average Inventory |
220.00 | 202.50 | 218.50 | 198.00 | 144.50 | 122.50 | 114.50 | 92.00 | 71.50 | 68.50 |
Average Assets |
29,014.50 | 26,876.00 | 24,886.00 | 22,237.50 | 19,080.00 | 18,419.00 | 18,551.50 | 16,581.50 | 13,509.00 | 12,035.50 |
Average Common Equity |
8,795.00 | 8,376.00 | 7,596.00 | 6,526.50 | 5,268.00 | 4,187.50 | 3,616.50 | 3,254.50 | 2,377.00 | 1,562.00 |
Columns are period end dates