United Rentals, Inc. (URI)
Industrials · Trading Companies & Distributors · US stock · S&P 500 component
$1,029.64
▼ -17.94 (1.71%)
Fair valueFair
$1,176 +14.2% to fair value
$588fair band $823–$1,528$1,763
Day's range
$1,027.66 – $1,054.99
52-week range
$698.94 – $1,177.15
About United Rentals, Inc.
United Rentals operates the largest equipment rental business in North America, renting construction, industrial and specialty equipment from a network of branches. Customers include contractors, industrial companies and municipalities that need equipment for projects without buying it. Revenue comes mainly from rental fees, along with sales of used equipment and related services, and results are tied to construction and industrial activity.
Over the last twelve months United Rentals, Inc. reported revenue of $16.4 billion, which grew 11.4% a year over the past three years. Its operating margin is 24.7% and its return on invested capital is 13%. Net debt to EBITDA is 3.1 times. A dividend is paid, with a yield of 0.7%. The X-Ray Score is 54 out of 100, a summary of these measures.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $698.94 – $1,177.15Volume 531,300Daily, split-adjusted
Vitals
Market cap$64.9B
52-week range$698.94 – $1,177.15
Volume (last day)531,300
P/E (TTM)26.4
EBIT / EV yield5.1%
Free-cash-flow yield–
Dividend yield0.7%
Revenue (TTM)$16.4B
Net income (TTM)$2.5B
Operating margin24.7%
Return on capital13.3%
Debt incl. leases$13.9B
Cash & securities$156M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$1,176model spread $1,070 – $1,304
Fair
+14.2% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $1,030
Undervalued < $823Fair $823 – $1,528Overvalued > $1,528
10-year DCF (market-scaled)
$1,201
Peer multiples
$1,144
Earnings power floor (not blended)
$386
Fundamentals-adjusted multiple
$1,181
Growth the price implies
17.6%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Fair
65/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield5.1%
Fair value vs price1.1×
Growth
Fair
70/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)11.4%
EPS growth (3y)9.2%
Growth consistency100%
Profitability
Fair
59/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital13.3%
Operating margin24.7%
Gross profitability20.9%
Financial health
Weak
29/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score4 / 9
Net debt / EBITDA3.1×
Interest coverNo interest cost
Dividends
Weak
23/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield0.7%
Quarterly results: last 6 quarters
+9.8%
Dec '24
+6.7%
Mar '25
+4.5%
Jun '25
+5.9%
Sep '25
+2.8%
Dec '25
+7.2%
Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.0B, diluted EPS $8.43.
Compare with peers
FERG Ferguson Enterprises I...56 FAST Fastenal Co54Other Trading Companies & Distributors companies by X-Ray Score.
Fundamentals checklist
● 5 Good · ● 5 Average · ● 4 BadCash quality
Earnings backed by cashGood
Risk models
Altman Z''Average
Piotroski F-ScoreBad
Growth
EPS growth (3y)Average
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalAverage
Operating marginGood
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 62/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $9.7B | $11.6B | $14.3B | $15.3B | $16.1B |
| Operating income | $2.3B | $3.2B | $3.8B | $4.1B | $4.0B |
| Net income | $1.4B | $2.1B | $2.4B | $2.6B | $2.5B |
| Operating cash flow | $3.7B | $4.4B | $4.7B | $4.5B | $5.2B |
| Operating margin | 23.4% | 27.8% | 26.7% | 26.5% | 24.7% |
| Free cash flow | $491M | $743M | $840M | $416M | – |
| Diluted EPS | $19.04 | $29.65 | $35.28 | $38.69 | $38.61 |
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
5 bullish · 4 neutral · 7 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 1,052.8 | Bearish |
| EMA 10 | 1,045.3 | Bearish |
| SMA 20 | 1,043.8 | Bearish |
| EMA 20 | 1,043.2 | Bearish |
| SMA 50 | 1,052.2 | Bearish |
| EMA 50 | 1,045.4 | Bearish |
| SMA 100 | 1,064.0 | Bearish |
| EMA 100 | 1,029.3 | Bullish |
| SMA 200 | 957.4 | Bullish |
| EMA 200 | 979.3 | Bullish |
Oscillators (daily)
| RSI (14) | 46.73 | Neutral |
| MACD (12, 26) | 1.88 | Bullish |
| Momentum (12) | 2.88 | Bullish |
| Stochastic %K (14) | 43.98 | Neutral |
| Williams %R (14) | -56.02 | Neutral |
| CCI (20) | -22.73 | Neutral |
Pivot points (classic, last session)
S3 992.5 | S2 1,010.1 | S1 1,019.9 | Pivot 1,037.4 | R1 1,047.2 | R2 1,064.8 | R3 1,074.5 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
7.70 USD
Yield on today's price
0.75%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 12 Aug 2026 | 1.9700 |
| 13 May 2026 | 1.9700 |
| 11 Feb 2026 | 1.9700 |
| 12 Nov 2025 | 1.7900 |
| 13 Aug 2025 | 1.7900 |
| 14 May 2025 | 1.7900 |
| 12 Feb 2025 | 1.7900 |
| 13 Nov 2024 | 1.6300 |
| 14 Aug 2024 | 1.6300 |
| 7 May 2024 | 1.6300 |
| 13 Feb 2024 | 1.6300 |
| 7 Nov 2023 | 1.4800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
URI SEC filings
8 Sep 2026
8-KSEC EDGAR
Regulation FD disclosure
22 Jul 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
22 Jul 2026
10-QSEC EDGAR
Quarterly report
18 Jun 2026
8-KSEC EDGAR
Entered a material agreement
8 May 2026
8-KSEC EDGAR
Shareholder vote results
22 Apr 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
22 Apr 2026
10-QSEC EDGAR
Quarterly report
25 Mar 2026
DEF 14ASEC EDGAR
Proxy statement
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.