United Rentals, Inc.
870.78-4.89 (-0.56%)
Oct 29, 4:00:02 PM EDT · NYSE · URI · USD
Key Stats
Market Cap
55.41BP/E (TTM)
22.42Basic EPS (TTM)
38.84Dividend Yield
0.01%Recent Filings
8-K
Strong Q3 results, raised guidance
United Rentals reported Q3 2025 total revenue of $4.229 billion, up from $3.992 billion last year, with rental revenue hitting a record $3.665 billion amid 2.0% fleet productivity gains. Adjusted EBITDA reached $1.946 billion at a 46.0% margin, while net income dipped slightly to $701 million due to higher depreciation and delivery costs. The company raised its full-year revenue outlook to $16.0-$16.2 billion and capital spending, fueled by robust demand, yet free cash flow guidance trimmed to $2.1-$2.3 billion. Strong returns persist.
10-Q
Q3 FY2025 results
United Rentals posted solid Q3 results, with total revenues climbing 5.9% year-over-year to $4.229B, driven by 5.8% equipment rental growth from a 4.2% rise in average OEC and 2.0% fleet productivity gains, while sales of rental equipment held steady at $333M. Gross margin slipped 190 basis points to 39.4%, pressured by inflation in delivery costs and higher specialty depreciation, yet operating income edged down just 0.7% to $1.114B as SG&A rose modestly. Diluted EPS dipped 2.0% to $10.91, aligning with 64.3M weighted shares, but free cash flow stayed robust at $1.192B for the nine months. Cash swelled to $512M, total debt hit $14.148B with $1.880B ABL availability and no covenant breaches, while a $22M tuck-in acquisition bolstered the fleet. Competition from rivals remains a persistent drag on pricing power.
8-K
Term loan refinanced at lower rates
United Rentals refinanced its $987.5 million term loan facility on August 7, 2025, via Amendment No. 1, converting $849.8 million and adding $137.7 million from Wells Fargo, while slashing the SOFR margin to 1.50% from 1.75% and the base rate margin to 0.50% from 0.75%. This move trims interest costs amid steady debt levels, bolstering cash flow for operations. Lenders reaffirmed guarantees; no maturity changes disclosed. Watch for rate volatility risks.
10-Q
Q2 FY2025 results
United Rentals posted solid Q2 results, with total revenues climbing 4.5% year-over-year to $3.943B, driven by 6.2% higher equipment rentals from a 3.6% rise in average OEC and 3.3% fleet productivity gains (derived). Yet gross margins slipped 1.3 points to 38.9%, hit by inflation in delivery and labor costs, while operating income held steady at $1.003B. Net income dipped 2.2% to $622M, with diluted EPS at $9.59, confirmed against 64.947M shares. Cash swelled to $548M, free cash flow hit $1.198B (up from $1.065B), and total debt stood at $13.385B with $2.448B in revolver availability; the terminated H&E deal yielded a $64M breakup fee. Specialty rentals surged 14%, but competition from rivals could pressure rates ahead.
8-K
URI boosts Q2 results, guidance
United Rentals reported Q2 2025 total revenue of $3.943 billion, up from $3.773 billion last year, with rental revenue hitting a record $3.415 billion on 3.3% fleet productivity gains and 14% specialty segment growth. Adjusted EBITDA rose 2.3% to $1.810 billion, while net income dipped slightly to $622 million amid cost pressures. The company raised full-year guidance for revenue to $15.8-$16.1 billion and free cash flow to $2.4-$2.6 billion, boosted by a $52 million merger termination benefit, and hiked planned 2025 share repurchases to $1.9 billion. Strong cash flows fuel returns, yet inflation bites margins.
IPO
Employees
Sector
Industry
ALTG
Alta Equipment Group Inc.
5.94-0.06
CTOS
Custom Truck One Source, Inc.
6.04+0.02
ELEEF
Element Fleet Mgmt Corp.
26.59-0.46
EVI
EVI Industries, Inc.
26.49-1.47
FINGF
Finning International Inc.
52.88+1.04
HRI
Herc Holdings Inc.
141.67+3.03
HTZ
Hertz Global Holdings, Inc
5.27+0.16
MWG
Multi Ways Holdings Limited
0.28+0.00
UHAL
U-Haul Holding Company
53.38-1.40
UNF
Unifirst Corporation
155.56-3.96