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 $64.6B against $3.5B — 18.6× the size. EquipmentShare.com Inc. trades at the lower P/E: 15.4× against 23.1×. United Rentals, Inc. has the higher net margin (16.3% vs 1.03%) and the lower return on invested capital (11.5% vs 23.5%). Across the 18 metrics below, EquipmentShare.com Inc. leads on 11 and United Rentals, Inc. on 7.

Valuation

Metric EQPT URI Rental & Leasing Services median
P/E 15.37 23.05 20.11
P/S 0.68 3.73 1.11
P/B 2.88 6.73 2.44
Price to free cash flow n/m 27.61 11.04
EV/EBITDA 3.36 10.28 8.70
EV/Sales 1.33 4.56 2.87
Earnings yield 6.51% 4.34% 3.40%
Free cash flow yield (48.66%) 3.62% 0.63%

Profitability

Metric EQPT URI Rental & Leasing Services median
Gross margin 49.70% 39.08% 48.46%
Operating margin 33.57% 25.54% 8.37%
Net margin 1.03% 16.33% 1.97%
Free cash flow margin (32.95%) 13.50% 2.91%
Return on equity 0.00% 30.56% 12.31%
Return on assets 1.49% 9.09% 0.88%
Return on invested capital 23.50% 11.53% 2.86%

Growth

Metric EQPT URI Rental & Leasing Services median
Revenue growth (TTM) — 9.45% 4.47%
EPS growth (last fiscal year) 102.08% (0.21%) 1.04%
Revenue growth, 5-year CAGR — 13.55% 11.45%
Net income growth, 5-year CAGR — 22.89% 0.00%

Health

Metric EQPT URI Rental & Leasing Services median
Debt to equity 3.16 1.51 1.28
Current ratio 2.42 0.80 1.01
Net debt to EBITDA 4.59 1.94 4.19

Dividend

Metric EQPT URI Rental & Leasing Services median
Dividend yield — 0.73% 1.38%
Payout ratio — 0.17 0.24

Size

Metric EQPT URI Rental & Leasing Services median
Market cap 3.47b 64.63b 3.37b

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