EquipmentShare.com Inc. (EQPT) vs United Rentals, Inc. (URI)

EquipmentShare.com Inc. and United Rentals, Inc. are both Rental & Leasing Services companies. United Rentals, Inc. is the larger, with a market value of $65.2B against $3.7B — 17.8× the size. EquipmentShare.com Inc. trades at the lower P/E: 15.1× against 24.7×. United Rentals, Inc. has the higher net margin (15.7% vs 1.03%) and the lower return on invested capital (11.2% vs 23.5%). Across the 18 metrics below, EquipmentShare.com Inc. leads on 10 and United Rentals, Inc. on 8.

Valuation

Metric EQPT URI Rental & Leasing Services median
P/E 15.14 24.72 18.17
P/S 0.67 3.83 0.92
P/B 2.84 6.98 2.15
Price to free cash flow n/m 30.94 7.80
EV/EBITDA 3.33 10.61 7.72
EV/Sales 1.32 4.67 2.47
Earnings yield 6.61% 4.05% 1.00%
Free cash flow yield (49.41%) 3.23% 1.43%

Profitability

Metric EQPT URI Rental & Leasing Services median
Gross margin 49.70% 38.36% 49.40%
Operating margin 33.57% 24.79% 8.49%
Net margin 1.03% 15.67% 1.01%
Free cash flow margin (32.95%) 12.37% 1.87%
Return on equity 0.00% 28.90% 12.13%
Return on assets 1.49% 8.72% 0.24%
Return on invested capital 23.50% 11.17% 2.80%

Growth

Metric EQPT URI Rental & Leasing Services median
Revenue growth (TTM) — 6.88% 3.21%
EPS growth (last fiscal year) (74.36%) (0.21%) (8.44%)
Revenue growth, 5-year CAGR — 13.55% 12.97%
Net income growth, 5-year CAGR — 22.89% 0.00%

Health

Metric EQPT URI Rental & Leasing Services median
Debt to equity 3.16 1.54 1.48
Current ratio 2.42 0.76 1.36
Net debt to EBITDA 4.59 1.94 4.32

Dividend

Metric EQPT URI Rental & Leasing Services median
Dividend yield — 0.75% 1.56%
Payout ratio — 0.18 0.22

Size

Metric EQPT URI Rental & Leasing Services median
Market cap 3.66b 65.20b 2.43b

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