URI Stock - United Rentals, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $15.35B | $14.33B | $11.64B | $9.72B | $8.53B |
| Gross Profit | $5.71B | $5.38B | $4.63B | $3.50B | $2.83B |
| Gross Margin | 37.2% | 37.6% | 39.8% | 36.0% | 33.2% |
| Operating Income | $4.07B | $3.85B | $3.23B | $2.30B | $1.85B |
| Net Income | $2.58B | $2.42B | $2.10B | $1.39B | $890.00M |
| Net Margin | 16.8% | 16.9% | 18.1% | 14.3% | 10.4% |
| EPS | $38.82 | $35.40 | $29.77 | $19.14 | $12.25 |
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, directly to manufacturers, and at auctions. The company operates a network of 1,360 rental locations in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 14th 2025 | Wells Fargo | Initiation | Overweight | - |
| October 22nd 2025 | RBC Capital Mkts | Initiation | Outperform | $1152 |
| October 1st 2025 | Robert W. Baird | Upgrade | Outperform | $1050 |
| September 23rd 2025 | Bernstein | Upgrade | Outperform | $1128 |
| September 16th 2025 | BNP Paribas Exane | Upgrade | Neutral | $900 |
| June 13th 2025 | Redburn Atlantic | Downgrade | Neutral | $760 |
| May 22nd 2025 | KeyBanc Capital Markets | Upgrade | Overweight | $865 |
| May 16th 2025 | UBS | Upgrade | Neutral | $780 |
| April 16th 2025 | Morgan Stanley | Upgrade | Overweight | $702 |
| April 7th 2025 | UBS | Downgrade | Sell | $485 |
| March 25th 2025 | Bernstein | Upgrade | Market Perform | $666← $705 |
| January 14th 2025 | Robert W. Baird | Upgrade | Neutral | $658 |
| June 28th 2024 | Raymond James | Initiation | Outperform | $750 |
| June 26th 2024 | Citigroup | Initiation | Buy | $745 |
| June 7th 2024 | JP Morgan | Initiation | Overweight | $780 |
Earnings History & Surprises
URIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $11.86 | — | — | — |
Q4 2025 | Oct 22, 2025 | $12.29 | $11.70 | -4.8% | ✗ MISS |
Q3 2025 | Jul 23, 2025 | $10.51 | $10.47 | -0.4% | ✗ MISS |
Q2 2025 | Apr 23, 2025 | $8.78 | $8.86 | +0.9% | ✓ BEAT |
Q1 2025 | Jan 29, 2025 | $11.68 | $11.59 | -0.8% | ✗ MISS |
Q4 2024 | Oct 23, 2024 | $12.48 | $11.80 | -5.4% | ✗ MISS |
Q3 2024 | Jul 24, 2024 | $10.54 | $10.70 | +1.5% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $8.33 | $9.15 | +9.8% | ✓ BEAT |
Q1 2024 | Jan 24, 2024 | $10.93 | $11.26 | +3.0% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $11.20 | $11.73 | +4.7% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $9.01 | $9.88 | +9.7% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $7.92 | $7.95 | +0.4% | ✓ BEAT |
Q1 2023 | Jan 25, 2023 | $10.38 | $9.74 | -6.2% | ✗ MISS |
Q4 2022 | Oct 26, 2022 | $9.07 | $9.27 | +2.2% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $6.46 | $7.86 | +21.7% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $5.00 | $5.73 | +14.6% | ✓ BEAT |
Q1 2022 | Jan 26, 2022 | $6.72 | $7.39 | +10.0% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $6.80 | $6.58 | -3.2% | ✗ MISS |
Q3 2021 | Jul 28, 2021 | $4.88 | $4.66 | -4.5% | ✗ MISS |
Latest News
Truist Securities Maintains Buy on United Rentals, Lowers Price Target to $1045
➖ NeutralCitigroup Maintains Buy on United Rentals, Lowers Price Target to $950
➖ NeutralKeybanc Maintains Overweight on United Rentals, Lowers Price Target to $1000
📈 PositiveWells Fargo Initiates Coverage On United Rentals with Overweight Rating, Announces Price Target of $995
📈 PositiveRBC Capital Maintains Outperform on United Rentals, Lowers Price Target to $1123
📈 PositiveUnited Rentals shares are trading lower after the company reported a Q3 EPS miss.
📉 NegativeUnited Rentals shares are trading lower after the company reported mixed Q3 financial results.
📉 NegativeUnited Rentals Raises FY2025 Sales Guidance from $15.800B-$16.100B to $16.000B-$16.200B vs $16.040B Est
📈 PositiveUnited Rentals Q3 Adj. EPS $11.70 Misses $12.30 Estimate, Sales $4.229B Beat $4.164B Estimate
➖ NeutralBarclays Maintains Underweight on United Rentals, Lowers Price Target to $600
📉 NegativeTruist Securities Maintains Buy on United Rentals, Raises Price Target to $1194
📈 PositiveBaird Upgrades United Rentals to Outperform, Raises Price Target to $1050
📈 PositiveKeybanc Maintains Overweight on United Rentals, Raises Price Target to $1120
📈 PositiveBernstein Upgrades United Rentals to Outperform
📈 PositiveCitigroup Maintains Buy on United Rentals, Raises Price Target to $1080
📈 PositiveJP Morgan Maintains Overweight on United Rentals, Raises Price Target to $1150
📈 PositiveKeybanc Maintains Overweight on United Rentals, Raises Price Target to $1075
📈 PositiveUnited Rentals Non-GAAP EPS of $8.86 beats by $0.05, revenue of $3.72B beats by $110M
📈 PositiveFrequently Asked Questions about URI
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