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) Free cash flow margin

Alert me on Free cash flow margin

United Rentals, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 13.5%, up 0.3 percentage points from fiscal 2025 (13.2%). Over the past ten years it has ranged from 13.1% (fiscal 2024) to 28.1% (fiscal 2020); the current reading is higher than 18% of that period. That is above the Rental & Leasing Services industry median of 2.91% and above the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 13.2% 0.16
FY2024 13.1% (2.74)
FY2023 15.8% 0.94
FY2022 14.9% (0.45)
FY2021 15.3% (12.81)
FY2020 28.1% 11.65
FY2019 16.5% 0.97
FY2018 15.5% 2.18
FY2017 13.3% (5.96)
FY2016 19.3% 3.59

Against its own ten years

Low 13.1% High 28.1%
Ten-year median 15.5%
Current reading's percentile 18

Free cash flow margin against peers

Company Free cash flow margin
AER Aercap Holdings N.V. compare 73.1%
SUNB Sunbelt Rentals Holdings, Inc. compare 25.6%
CAR Avis Budget Group, Inc. compare 21.1%
URI United Rentals, Inc. 13.5%
R Ryder System, Inc. compare 11.0%
HRI Herc Holdings Inc. compare 6.08%
UHAL U-Haul Holding Company compare −7.44%
EQPT EquipmentShare.com Inc. compare −33.0%
GATX GATX Corporation compare −201.0%
Rental & Leasing Services industry median 2.91%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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