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.

Revenue
+15.7%
EPS
+35.4%
Free cash flow
+1,473.7%
Total debt
+3.70%

Quarter to September 2026, against a year earlier

1,049.20 74.59 −6.64%
Market cap
$64.6B
P/E
23.1×
Fwd P/E
24.2×
Dividend yield
0.73%
F-score
5/9
Altman Z
3.21
Beneish M
−2.84
Dividend safety
80/100

United Rentals, Inc. (URI) Debt to equity

Alert me on Debt to equity

United Rentals, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 1.5×, down 0.1× from fiscal 2025 (1.6×). Over the past ten years it has ranged from 1.4× (fiscal 2023) to 5.5× (fiscal 2015); the current reading is higher than 27% of that period. That is above the Rental & Leasing Services industry median of 1.3× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.6× 2.04%
FY2024 1.6× 9.76%
FY2023 1.4× (12.01%)
FY2022 1.6× (0.41%)
FY2021 1.6× (24.11%)
FY2020 2.1× (28.60%)
FY2019 3.0× (13.56%)
FY2018 3.5× 13.58%
FY2017 3.0× (35.70%)
FY2016 4.7× (14.52%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 1.5× (1.91%)
Jun 2026 1.5× (0.37%)
Mar 2026 1.5× (2.41%)
Dec 2025 1.6× 0.93%
43 more quarters

Against its own ten years

Low 1.4× High 5.5×
Ten-year median 2.1×
Current reading's percentile 27

Debt to equity against peers

Company Debt to equity
CAR Avis Budget Group, Inc. compare −0.1×
UHAL U-Haul Holding Company compare 1.1×
SUNB Sunbelt Rentals Holdings, Inc. compare 1.1×
URI United Rentals, Inc. 1.5×
AER Aercap Holdings N.V. compare 2.3×
R Ryder System, Inc. compare 2.4×
EQPT EquipmentShare.com Inc. compare 3.2×
GATX GATX Corporation compare 3.4×
HRI Herc Holdings Inc. compare 4.1×
Rental & Leasing Services industry median 1.3×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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