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NYSE · SERVICES-EQUIPMENT RENTAL & LEASING, NEC · LARGE CAP

United Rentals, Inc. URI

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$16.1B
▲ 4.9% YoY
$2.5B
▼ 3.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

United Rentals operates a fleet of rental equipment — with a total original equipment cost of $22.5 billion — offered on an hourly, daily, weekly or monthly basis. It operates throughout the United States and Canada, and has a smaller presence in Europe, Australia and New Zealand. Approximately 8,200 of its employees were salaried and approximately 20,300 were hourly. It has two reportable segments — general rentals and specialty. The general rentals segment includes the rental of construction, aerial and industrial equipment, and general tools and light equipment, along with related services and activities. The specialty segment rents products including trench safety equipment, power and HVAC equipment, fluid solutions equipment, mobile storage equipment and modular office space, and surface protection mats.

Written from the business description in United Rentals, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 28 January 2026. Every sentence was checked against that document before publication.

Growth

USD 16.1B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 16.1 · Net income 2.5
10B20B
2009201220152018202120242025
Compound annual growth
+11.4%
+13.5%
+10.7%
+14.1%
+5.8%
+22.9%
+15.6%
+9.2%
+25.9%
+20.3%
+31.6%
+53.6%
+11.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +13.5% a year over the five years to FY2025 — but profit grew faster: net income at +22.9%, earnings per share at +25.9%.

The share count fell from 0.07B to 0.06B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

15 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 24.7% · Net 15.5%
10%20%
200920172025
ROE
FY2025 · ROE 28.4%
20%40%
200920172025
Three returns, three denominators.

Each USD of equity produced 28 cents of profit this year.

Cash & shareholders

USD 2.4B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2024 · FCF 0.4
1B2B
200920172025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.5 · Net buybacks 2.0
1B2BDividendsNet buybacks
200920112013201520172019202120232025

USD 464.0M in dividends and USD 2.0B in buybacks — 98% of the year's profit went back to shareholders.

Total assetsUSD 29.9B
EquityUSD 9.0B
CashUSD 459.0M
Gross debtUSD 15.9B
Net debtUSD 15.4B
Current ratio0.94×

Net debt stands at 172% of equity.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
URI, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B16.115.314.311.69.78.59.48.06.65.85.85.75.04.12.62.22.4
Operating income $B4.04.13.83.22.31.82.22.01.51.41.51.41.10.60.40.20.1
EBITDA $B◌◌◌◌◌◌◌◌◌2.72.82.62.21.50.90.60.6
Income tax $B0.80.80.80.70.50.20.30.4−0.30.30.40.30.20.00.1−0.0−0.0
Net income $B2.52.62.42.11.40.91.21.11.30.60.60.50.40.10.1−0.0−0.1
Free cash flow $B◌0.40.80.70.51.50.72.72.11.81.91.71.40.60.60.40.4
EPS, diluted $38.6138.6935.2829.6519.0412.2015.1113.1215.736.456.075.153.640.791.38−0.44−1.02
Dividend / sh $7.166.525.92◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout %19171700————————————
ROE %28.430.731.932.326.321.332.533.756.636.235.829.823.09.3——◌
Shares out B0.060.070.070.070.070.070.070.080.080.080.090.100.090.090.060.06◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: EPS is not tagged before 2009. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Equipment Rental & Leasing, NEC
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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