What is United Rentals, Inc.'s earnings per share (EPS)?

United Rentals, Inc. (URI) reported diluted earnings per share of $38.61 for fiscal year 2025. This represents a -0.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

United Rentals, Inc. (URI) Financials

URI

Trailing 12 months to March 31, 2026

Revenue $16.4B +5.0% YoY

Net Income $2.5B -1.7% YoY

EPS (Diluted) $39.20 +1.5% YoY

Operating Cash Flow $5.3B +6.8% YoY

Market Cap $65.8B as of Oct 10, 2026

Price / Sales 4.0x on $16.4B revenue, trailing 12 months to March 31, 2026

Price / Earnings 26.2x on $2.5B net income, trailing 12 months to March 31, 2026

Price / Book 7.3x on $9.0B equity, Q1 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Apr 22, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed Apr 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the URI SEC filings page.

United Rentals, Inc. (URI) reported $16.4B in revenue over the twelve months to Mar 31, 2026, up 5.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI URI FY2025 2026-10-04

Revenue still expanded in FY2025, but margin compression and heavy reinvestment show an asset-intensive, debt-supported model.

The company’s cash conversion is more capital-hungry than earnings suggest: in FY2024, operating cash flow was $4.5B but free cash flow was only $416M. The gap was smaller in FY2023, when operating cash flow was $4.7B against $840M of free cash flow, indicating that reinvestment absorbed a growing share of internally generated cash; FY2025 free cash flow was not reported.

Revenue reached $16.1B in FY2025, but gross margin narrowed to 38.2%. Operating margin also fell to 24.7% from 26.5%, so additional sales were accompanied by cost pressure rather than clear fixed-cost absorption.

The balance sheet is debt-supported: debt-to-equity was 1.4x, making the business reliant on substantial financing alongside its asset base. Buybacks totaled $2.0B while the current ratio was 0.9x, so capital returned to shareholders coexisted with limited short-term liquidity.

Financial Health Signals

Financial Health Score 52/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of United Rentals, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

United Rentals, Inc. has an operating margin of 24.7%, meaning the company retains $25 of operating profit per $100 of revenue. This strong profitability earns a score of 94/100, reflecting efficient cost management and pricing power. This is down from 26.5% the prior year.

Growth

United Rentals, Inc.'s revenue grew a modest 4.9% year-over-year to $16.1B. This slow but positive growth earns a score of 54/100.

Leverage

United Rentals, Inc. has elevated debt relative to equity (D/E of 1.41), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 23/100, reflecting increased financial risk.

Liquidity

United Rentals, Inc.'s current ratio of 0.94 is below the typical benchmark, resulting in a score of 16/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Returns

United Rentals, Inc. earns a strong 27.8% return on equity (ROE), meaning it generates $28 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 86/100. This is down from 29.9% the prior year.

Altman Z-Score Safe

3.60

United Rentals, Inc. scores 3.60, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($65.8B) relative to total liabilities ($20.9B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

United Rentals, Inc. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.08x

For every $1 of reported earnings, United Rentals, Inc. generates $2.08 in operating cash flow ($5.2B OCF vs $2.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

5.55x

United Rentals, Inc. earns $5.55 in operating income for every $1 of interest expense ($4.0B vs $716.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$4.0B

YoY+7.2%

QoQ-5.3%

5Y CAGR+14.1%

10Y CAGR+11.8%

United Rentals, Inc. generated $4.0B in revenue in Q1 2026. This represents an increase of 7.2% from the same quarter a year earlier. Against the prior quarter it is down 5.3%.

EBITDA

$983.0M

YoY+7.1%

QoQ-15.2%

5Y CAGR+16.3%

United Rentals, Inc.'s EBITDA was $983.0M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.1% from the same quarter a year earlier. Against the prior quarter it is down 15.2%.

Net Income

$531.0M

YoY+2.5%

QoQ-18.7%

5Y CAGR+21.2%

10Y CAGR+19.2%

United Rentals, Inc. reported $531.0M in net income in Q1 2026. This represents an increase of 2.5% from the same quarter a year earlier. Against the prior quarter it is down 18.7%.

EPS (Diluted)

$8.43

YoY+6.6%

QoQ-17.9%

5Y CAGR+24.7%

10Y CAGR+23.6%

United Rentals, Inc. earned $8.43 per diluted share (EPS) in Q1 2026. This represents an increase of 6.6% from the same quarter a year earlier. Against the prior quarter it is down 17.9%.

Cash & Balance Sheet

Cash & Debt

$156.0M

YoY-71.2%

QoQ-66.0%

5Y CAGR-10.9%

10Y CAGR-3.3%

United Rentals, Inc. held $156.0M in cash against $12.3B in long-term debt as of Q1 2026.

Dividends Per Share

$1.97

YoY+10.1%

QoQ+10.1%

United Rentals, Inc. paid $1.97 per share in dividends in Q1 2026. This represents an increase of 10.1% from the same quarter a year earlier. Against the prior quarter it is up 10.1%.

Shares Outstanding

63M

YoY-3.6%

QoQ-0.6%

5Y CAGR-2.8%

10Y CAGR-3.4%

United Rentals, Inc. had 63M shares outstanding in Q1 2026. This represents a decrease of 3.6% from the same quarter a year earlier. Against the prior quarter it is down 0.6%.

Free Cash Flow

Not reported for Q1 2026.

Margins & Returns

Gross Margin

36.9%

YoY+0.4pp

QoQ-0.9pp

5Y change+2.1pp

10Y change-1.3pp

United Rentals, Inc.'s gross margin was 36.9% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.

Operating Margin

21.8%

YoY+0.2pp

QoQ-3.2pp

5Y change+3.7pp

10Y change+2.4pp

United Rentals, Inc.'s operating margin was 21.8% in Q1 2026, reflecting core business profitability. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.2 percentage points.

Net Margin

13.3%

YoY-0.6pp

QoQ-2.2pp

5Y change+3.5pp

10Y change+6.3pp

United Rentals, Inc.'s net profit margin was 13.3% in Q1 2026, showing the share of revenue converted to profit. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.2 percentage points.

Return on Equity

5.9%

YoY0.0pp

QoQ-1.4pp

5Y change+1.6pp

10Y change-0.2pp

United Rentals, Inc.'s ROE was 5.9% in Q1 2026, measuring profit generated per dollar of shareholder equity. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.

Capital Allocation

Share Buybacks

$421.0M

YoY+45.7%

QoQ-33.3%

5Y CAGR+69.6%

10Y CAGR+9.9%

United Rentals, Inc. spent $421.0M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 45.7% from the same quarter a year earlier. Against the prior quarter it is down 33.3%.

R&D Spending

Not reported for Q1 2026.

Capital Expenditures

Not reported for Q1 2026.

URI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

URI quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$16.4B	$16.1B+4.9%	$15.3B+7.1%	$14.3B+23.1%	$11.6B+19.8%	$9.7B+13.9%	$8.5B-8.8%	$9.4B+16.2%	$8.0B+21.2%	$6.6B+15.3%	$5.8B-0.9%	$5.8B+2.3%	$5.7B+14.7%	$5.0B+20.4%	$4.1B+57.7%	$2.6B
Cost of Revenue	N/A	$10.0B+8.3%	$9.2B+7.9%	$8.5B+28.2%	$6.6B+13.4%	$5.9B+9.7%	$5.3B-5.9%	$5.7B+21.3%	$4.7B+20.9%	$3.9B+15.3%	$3.4B+0.7%	$3.3B+2.6%	$3.3B+9.6%	$3.0B+17.3%	$2.5B+47.7%	$1.7B
Gross Profit	$6.3B	$6.1B-0.1%	$6.2B+5.8%	$5.8B+16.4%	$5.0B+29.7%	$3.9B+21.0%	$3.2B-13.3%	$3.7B+9.1%	$3.4B+21.5%	$2.8B+15.2%	$2.4B-3.1%	$2.5B+2.0%	$2.4B+22.4%	$2.0B+25.2%	$1.6B+76.7%	$898.0M
SG&A Expenses	N/A	$1.7B+5.3%	$1.6B+7.7%	$1.5B+9.1%	$1.4B+16.8%	$1.2B+22.5%	$979.0M-10.3%	$1.1B+5.2%	$1.0B+15.0%	$903.0M+25.6%	$719.0M+0.7%	$714.0M-5.8%	$758.0M+18.1%	$642.0M+9.2%	$588.0M+44.5%	$407.0M
Operating Income	$4.0B	$4.0B-2.3%	$4.1B+6.2%	$3.8B+18.4%	$3.2B+41.9%	$2.3B+26.5%	$1.8B-16.4%	$2.2B+10.3%	$2.0B+29.5%	$1.5B+6.5%	$1.4B-6.8%	$1.5B+9.1%	$1.4B+29.0%	$1.1B+82.4%	$591.0M+49.2%	$396.0M
EBITDA	N/A	$4.4B-2.0%	$4.5B+5.7%	$4.3B+18.4%	$3.6B+35.7%	$2.6B+21.1%	$2.2B-14.5%	$2.6B+13.3%	$2.3B+27.9%	$1.8B-33.6%	$2.7B-3.7%	$2.8B+6.8%	$2.6B+18.8%	$2.2B+46.2%	$1.5B+69.9%	$876.0M
Interest Expense	N/A	$716.0M+3.6%	$691.0M+8.8%	$635.0M+42.7%	$445.0M+5.0%	$424.0M-36.6%	$669.0M+3.2%	$648.0M+34.7%	$481.0M+3.7%	$464.0M-9.2%	$511.0M-9.9%	$567.0M+2.2%	$555.0M+16.8%	$475.0M-7.2%	$512.0M+124.6%	$228.0M
Income Tax	N/A	$844.0M+3.8%	$813.0M+3.3%	$787.0M+12.9%	$697.0M+51.5%	$460.0M+84.7%	$249.0M-26.8%	$340.0M-10.5%	$380.0M+227.5%	-$298.0M-186.9%	$343.0M-9.3%	$378.0M+21.9%	$310.0M+42.2%	$218.0M+1576.9%	$13.0M-79.4%	$63.0M
Net Income	$2.5B	$2.5B-3.1%	$2.6B+6.2%	$2.4B+15.2%	$2.1B+51.9%	$1.4B+55.7%	$890.0M-24.2%	$1.2B+7.1%	$1.1B-18.6%	$1.3B+137.8%	$566.0M-3.2%	$585.0M+8.3%	$540.0M+39.5%	$387.0M+416.0%	$75.0M-25.7%	$101.0M
EPS (Basic)	N/A	$38.71-0.3%	$38.82+9.7%	$35.40+18.9%	$29.77+55.5%	$19.14+56.4%	$12.24-19.4%	$15.18+14.5%	$13.26-16.7%	$15.91+145.1%	$6.49+5.7%	$6.14+10.8%	$5.54+33.8%	$4.14+354.9%	$0.91-43.8%	$1.62
EPS (Diluted)	$39.20	$38.61-0.2%	$38.69+9.7%	$35.28+19.0%	$29.65+55.7%	$19.04+56.1%	$12.20-19.3%	$15.11+15.2%	$13.12-16.6%	$15.73+143.9%	$6.45+6.3%	$6.07+17.9%	$5.15+41.5%	$3.64+360.8%	$0.79-42.8%	$1.38
Diluted Shares (Avg)	N/A	65M-2.9%	67M-3.1%	69M-3.2%	71M-2.5%	73M-0.2%	73M-6.2%	78M-7.0%	84M-2.4%	86M-2.5%	88M-8.9%	96M-8.2%	105M-1.3%	106M+12.1%	95M+29.3%	73M

Metric	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-Q	Q4'2410-K	Q3'2410-K	Q2'2410-K
Revenue	$4.0B+7.2%	$4.2B+2.8%	$4.2B+5.9%	$3.9B+4.5%	$3.7B+6.7%	$4.1B+9.8%	$4.0B+6.0%	$3.8B+6.2%
Cost of Revenue	$2.5B+6.5%	N/A	$2.6B+9.4%	$2.4B+6.9%	$2.4B+10.5%	N/A	$2.3B+7.5%	$2.3B+5.9%
Gross Profit	$1.5B+8.3%	$1.6B-2.9%	$1.7B+1.0%	$1.5B+1.0%	$1.4B+0.7%	$1.6B+4.9%	$1.6B+4.0%	$1.5B+6.5%
SG&A Expenses	$441.0M+0.9%	N/A	$442.0M+6.3%	$422.0M+4.5%	$437.0M+12.3%	N/A	$416.0M+11.2%	$404.0M+6.9%
Operating Income	$869.0M+8.1%	$1.1B-3.2%	$1.1B-0.7%	$1.0B-0.1%	$804.0M-5.6%	$1.1B+2.3%	$1.1B+2.1%	$1.0B+8.5%
EBITDA	$983.0M+7.1%	$1.2B-3.6%	$1.2B-0.6%	$1.1B-0.2%	$918.0M-4.0%	$1.2B+3.2%	$1.2B+2.1%	$1.1B+8.2%
Interest Expense	$176.0M-4.3%	N/A	$178.0M0.0%	$171.0M-1.2%	$184.0M+15.0%	N/A	$178.0M+9.2%	$173.0M+7.5%
Income Tax	$170.0M0.0%	N/A	$236.0M-2.1%	$217.0M+9.0%	$170.0M+11.1%	N/A	$241.0M+0.4%	$199.0M+9.9%
Net Income	$531.0M+2.5%	$653.0M-5.2%	$701.0M-1.0%	$622.0M-2.2%	$518.0M-4.4%	$689.0M+1.5%	$708.0M+0.7%	$636.0M+7.6%
EPS (Basic)	$8.44+6.6%	$10.30-1.9%	$10.93+1.9%	$9.59+0.3%	$7.92-1.7%	$10.50+4.6%	$10.73+4.2%	$9.56+11.2%
EPS (Diluted)	$8.43+6.6%	$10.27-1.9%	$10.91+2.0%	$9.59+0.5%	$7.91-1.6%	$10.47+4.6%	$10.70+4.0%	$9.54+11.2%
Diluted Shares (Avg)	63M-3.7%	N/A	64M-2.9%	65M-2.6%	65M-2.9%	N/A	66M-3.0%	67M-3.1%

Not reported in any period shown, so not listed: R&D Expenses.

URI Balance Sheet

URI quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$29.9B+6.0%	$28.2B+10.1%	$25.6B+5.8%	$24.2B+19.2%	$20.3B+13.6%	$17.9B-5.8%	$19.0B+4.6%	$18.1B+20.6%	$15.0B+25.4%	$12.0B-0.8%	$12.1B-0.4%	$12.1B+11.5%	$10.9B-1.4%	$11.0B+166.1%	$4.1B
Current Assets	$3.6B+11.0%	$3.2B+10.8%	$2.9B+7.7%	$2.7B+26.6%	$2.2B+6.6%	$2.0B+9.5%	$1.8B+4.6%	$1.8B-0.6%	$1.8B+30.2%	$1.4B+5.2%	$1.3B-0.3%	$1.3B-4.7%	$1.4B+1.4%	$1.3B+85.8%	$723.0M
Cash & Equivalents	$459.0M+0.4%	$457.0M+25.9%	$363.0M+242.5%	$106.0M-26.4%	$144.0M-28.7%	$202.0M+288.5%	$52.0M+20.9%	$43.0M-87.8%	$352.0M+12.8%	$312.0M+74.3%	$179.0M+13.3%	$158.0M-9.7%	$175.0M+65.1%	$106.0M+194.4%	$36.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$240.0M+20.0%	$200.0M-2.4%	$205.0M-11.6%	$232.0M+41.5%	$164.0M+31.2%	$125.0M+4.2%	$120.0M+10.1%	$109.0M+45.3%	$75.0M+10.3%	$68.0M-1.4%	$69.0M-11.5%	$78.0M+11.4%	$70.0M+2.9%	$68.0M+54.5%	$44.0M
Accounts Receivable	$2.5B+6.5%	$2.4B+5.7%	$2.2B+11.3%	$2.0B+19.5%	$1.7B+27.5%	$1.3B-14.1%	$1.5B-1.0%	$1.5B+25.3%	$1.2B+34.0%	$920.0M-1.1%	$930.0M-1.1%	$940.0M+16.9%	$804.0M+1.4%	$793.0M+70.9%	$464.0M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$7.1B+3.2%	$6.9B+16.2%	$5.9B-1.4%	$6.0B+9.0%	$5.5B+7.0%	$5.2B+0.3%	$5.2B+1.9%	$5.1B+23.9%	$4.1B+25.2%	$3.3B+0.5%	$3.2B-0.9%	$3.3B+10.8%	$3.0B-0.6%	$3.0B+927.7%	$289.0M
Total Liabilities	$20.9B+6.9%	$19.5B+11.9%	$17.5B+2.0%	$17.1B+19.7%	$14.3B+7.3%	$13.3B-12.0%	$15.1B+2.8%	$14.7B+23.5%	$11.9B+15.3%	$10.3B-2.5%	$10.6B+2.7%	$10.3B+10.1%	$9.4B-0.7%	$9.5B+134.0%	$4.0B
Current Liabilities	$3.8B+14.9%	$3.3B-8.6%	$3.6B+48.8%	$2.4B-6.1%	$2.6B+37.7%	$1.9B-14.0%	$2.2B+3.9%	$2.1B+26.9%	$1.7B+40.9%	$1.2B-4.0%	$1.2B-16.6%	$1.5B+14.9%	$1.3B-4.8%	$1.4B+56.4%	$864.0M
Non-Current Liabilities	$17.1B+5.3%	$16.2B+17.3%	$13.8B-5.8%	$14.7B+25.5%	$11.7B+2.3%	$11.4B-11.7%	$12.9B+2.6%	$12.6B+23.0%	$10.3B+12.0%	$9.2B-2.3%	$9.4B+5.9%	$8.9B+9.3%	$8.1B0.0%	$8.1B+155.1%	$3.2B
Long-Term Debt	$12.7B+3.5%	$12.2B+21.6%	$10.1B-10.3%	$11.2B+27.7%	$8.8B-2.2%	$9.0B-13.9%	$10.4B-3.8%	$10.8B+24.4%	$8.7B+21.2%	$7.2B-4.8%	$7.6B+2.9%	$7.3B+11.8%	$6.6B-1.6%	$6.7B+157.7%	$2.6B
Total Equity	$9.0B+4.0%	$8.6B+6.1%	$8.1B+15.1%	$7.1B+17.9%	$6.0B+31.8%	$4.5B+18.7%	$3.8B+12.5%	$3.4B+9.6%	$3.1B+88.5%	$1.6B+11.7%	$1.5B-17.8%	$1.8B-1.8%	$1.8B+18.5%	$1.5B+2310.9%	$64.0M
Retained Earnings	$15.8B+14.7%	$13.8B+18.3%	$11.7B+20.9%	$9.7B+27.9%	$7.6B+22.5%	$6.2B+16.9%	$5.3B+28.6%	$4.1B+36.5%	$3.0B+81.7%	$1.7B+52.0%	$1.1B+116.3%	$503.0M+1459.5%	-$37.0M+91.3%	-$424.0M+15.0%	-$499.0M

Metric	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-Q	Q4'2410-K	Q3'2410-K	Q2'2410-K
Total Assets	$29.9B+6.6%	$29.9B+6.0%	$30.1B+5.8%	$29.2B+5.8%	$28.1B+5.2%	$28.2B+10.1%	$28.4B+10.0%	$27.6B+8.3%
Current Assets	$3.3B+2.2%	$3.6B+11.0%	$3.8B+13.9%	$3.5B+9.4%	$3.2B+7.7%	$3.2B+10.8%	$3.3B+11.5%	$3.2B+13.4%
Cash & Equivalents	$156.0M-71.2%	$459.0M+0.4%	$512.0M+6.9%	$548.0M+17.3%	$542.0M+26.3%	$457.0M+25.9%	$479.0M+68.7%	$467.0M+105.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$256.0M+12.8%	$240.0M+20.0%	$234.0M+10.9%	$242.0M+10.5%	$227.0M+9.1%	$200.0M-2.4%	$211.0M+5.0%	$219.0M+4.3%
Accounts Receivable	$2.6B+11.4%	$2.5B+6.5%	$2.6B+7.6%	$2.4B+4.8%	$2.3B+3.5%	$2.4B+5.7%	$2.4B+5.2%	$2.3B+5.7%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$7.3B+6.2%	$7.1B+3.2%	$6.9B+0.5%	$6.9B+2.1%	$6.9B0.0%	$6.9B+16.2%	$6.9B+18.3%	$6.7B+15.8%
Total Liabilities	$20.9B+8.6%	$20.9B+6.9%	$21.1B+6.2%	$20.2B+4.3%	$19.3B+3.9%	$19.5B+11.9%	$19.8B+9.7%	$19.3B+6.9%
Current Liabilities	$4.1B+8.8%	$3.8B+14.9%	$4.2B+4.6%	$4.1B+3.3%	$3.8B+12.8%	$3.3B-8.6%	$4.0B+9.6%	$4.0B+4.2%
Non-Current Liabilities	$16.8B+8.6%	$17.1B+5.3%	$16.9B+6.6%	$16.1B+4.6%	$15.5B+1.9%	$16.2B+17.3%	$15.8B+9.7%	$15.4B+7.6%
Long-Term Debt	$12.3B+6.6%	$12.7B+3.5%	$12.6B+6.0%	$12.1B+5.0%	$11.5B+1.6%	$12.2B+21.6%	$11.9B+12.3%	$11.5B+9.8%
Total Equity	$9.0B+2.0%	$9.0B+4.0%	$9.0B+4.9%	$9.0B+9.1%	$8.8B+8.2%	$8.6B+6.1%	$8.6B+10.6%	$8.3B+11.7%
Retained Earnings	$16.3B+14.3%	$15.8B+14.7%	$15.3B+15.7%	$14.7B+16.5%	$14.2B+17.4%	$13.8B+18.3%	$13.2B+19.3%	$12.6B+20.4%

URI Cash Flow Statement

URI quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$5.3B	$5.2B+14.2%	$4.5B-3.4%	$4.7B+6.1%	$4.4B+20.2%	$3.7B+38.8%	$2.7B-12.1%	$3.0B+6.0%	$2.9B+29.2%	$2.2B+13.8%	$1.9B-2.7%	$2.0B+10.8%	$1.8B+16.1%	$1.6B+115.1%	$721.0M+17.8%	$612.0M
Depreciation & Amortization	N/A	$438.0M+0.2%	$437.0M+1.4%	$431.0M+18.4%	$364.0M-2.2%	$372.0M-3.9%	$387.0M-4.9%	$407.0M+32.1%	$308.0M+18.9%	$259.0M-79.2%	$1.2B+0.1%	$1.2B+4.2%	$1.2B+8.7%	$1.1B+22.4%	$897.0M+86.9%	$480.0M
Stock-Based Compensation	N/A	$134.0M+19.6%	$112.0M+19.1%	$94.0M-26.0%	$127.0M+6.7%	$119.0M+70.0%	$70.0M+14.8%	$61.0M-40.2%	$102.0M+17.2%	$87.0M+93.3%	$45.0M-8.2%	$49.0M-33.8%	$74.0M+60.9%	$46.0M+43.8%	$32.0M+166.7%	$12.0M
Capital Expenditures	N/A	N/A	$4.1B+6.9%	$3.9B+4.7%	$3.7B+15.4%	$3.2B+1523.4%	$197.0M-9.6%	$218.0M+17.8%	$185.0M+54.2%	$120.0M+29.0%	$93.0M-8.8%	$102.0M-15.0%	$120.0M+15.4%	$104.0M+7.2%	$97.0M+169.4%	$36.0M
Free Cash Flow	N/A	N/A	$416.0M-50.5%	$840.0M+13.1%	$743.0M+51.3%	$491.0M-80.0%	$2.5B-12.3%	$2.8B+5.2%	$2.7B+27.7%	$2.1B+13.0%	$1.8B-2.4%	$1.9B+12.6%	$1.7B+16.2%	$1.4B+131.9%	$624.0M+8.3%	$576.0M
Investing Cash Flow	-$3.9B	-$3.4B+18.8%	-$4.1B-39.4%	-$3.0B+40.7%	-$5.0B-38.9%	-$3.6B-1519.3%	-$223.0M+87.0%	-$1.7B+62.4%	-$4.6B-23.5%	-$3.7B-334.9%	-$847.0M+27.6%	-$1.2B+41.5%	-$2.0B-69.9%	-$1.2B+44.1%	-$2.1B-143.2%	-$865.0M
Financing Cash Flow	-$1.8B	-$1.8B-571.9%	-$274.0M+81.4%	-$1.5B-367.0%	$552.0M+494.3%	-$140.0M+93.9%	-$2.3B-75.7%	-$1.3B-193.4%	$1.4B-6.7%	$1.5B+255.3%	-$964.0M-24.4%	-$775.0M-495.4%	$196.0M+166.4%	-$295.0M-120.3%	$1.5B+1716.3%	$80.0M
Dividends Paid	$471.0M	$464.0M+6.9%	$434.0M+6.9%	$406.0M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$2.1B	$2.0B+25.3%	$1.6B+46.8%	$1.1B+0.2%	$1.1B+3041.2%	$34.0M-88.1%	$286.0M-67.1%	$870.0M+6.5%	$817.0M+1358.9%	$56.0M-89.4%	$528.0M-33.1%	$789.0M+28.7%	$613.0M+433.0%	$115.0M-12.2%	$131.0M+1771.4%	$7.0M

Metric	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-Q	Q4'2410-K	Q3'2410-K	Q2'2410-K
Operating Cash Flow	$1.5B+6.2%	$1.3B+19.8%	$1.2B-1.9%	$1.3B+5.0%	$1.4B+38.5%	$1.0B-25.9%	$1.2B+13.4%	$1.3B-1.9%
Depreciation & Amortization	$114.0M0.0%	$107.0M-7.0%	$109.0M0.0%	$108.0M-0.9%	$114.0M+9.6%	$115.0M+12.7%	$109.0M+1.9%	$109.0M+4.8%
Stock-Based Compensation	$36.0M0.0%	N/A	N/A	N/A	$36.0M+28.6%	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$577.0M+11.2%	$1.4B+22.7%	$1.5B+12.6%
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	$471.0M-47.4%	-$168.0M-200.0%	-$263.0M-286.8%
Investing Cash Flow	-$853.0M-136.3%	-$603.0M-17.1%	-$1.2B-2.3%	-$1.2B-2.1%	-$361.0M+71.8%	-$515.0M-17.8%	-$1.2B-64.1%	-$1.2B-11.0%
Financing Cash Flow	-$958.0M+2.3%	-$712.0M-34.8%	-$14.0M+57.6%	-$134.0M-252.6%	-$981.0M-401.8%	-$528.0M+41.7%	-$33.0M+88.6%	-$38.0M+58.7%
Dividends Paid	$125.0M+5.9%	$114.0M+5.6%	$115.0M+7.5%	$117.0M+7.3%	$118.0M+7.3%	$108.0M+6.9%	$107.0M+7.0%	$109.0M+6.9%
Share Buybacks	$421.0M+45.7%	$631.0M+56.6%	$618.0M+63.9%	$431.0M+14.6%	$289.0M-30.4%	$403.0M+52.7%	$377.0M+49.6%	$376.0M+49.8%

URI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

URI quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	38.2%-1.9pp	40.1%-0.5pp	40.6%-2.3pp	42.9%+3.2pp	39.7%+2.3pp	37.3%-1.9pp	39.3%-2.5pp	41.8%+0.1pp	41.7%0.0pp	41.7%-0.9pp	42.6%-0.2pp	42.8%+2.7pp	40.1%+1.6pp	38.6%+4.2pp	34.4%
Operating Margin	24.7%-1.8pp	26.5%-0.2pp	26.7%-1.1pp	27.8%+4.3pp	23.4%+2.3pp	21.1%-1.9pp	23.0%-1.2pp	24.3%+1.6pp	22.7%-1.9pp	24.6%-1.5pp	26.1%+1.6pp	24.5%+2.7pp	21.8%+7.4pp	14.4%-0.8pp	15.2%
Net Margin	15.5%-1.3pp	16.8%-0.1pp	16.9%-1.2pp	18.1%+3.8pp	14.3%+3.8pp	10.4%-2.1pp	12.6%-1.1pp	13.6%-6.7pp	20.3%+10.4pp	9.8%-0.2pp	10.1%+0.6pp	9.5%+1.7pp	7.8%+6.0pp	1.8%-2.0pp	3.9%
Return on Equity	27.8%-2.1pp	29.9%+0.1pp	29.8%0.0pp	29.8%+6.7pp	23.1%+3.6pp	19.6%-11.1pp	30.6%-1.6pp	32.2%-11.1pp	43.3%+9.0pp	34.3%-5.3pp	39.6%+9.6pp	30.1%+8.9pp	21.2%+16.3pp	4.9%-153.0pp	157.8%
Return on Assets	8.3%-0.8pp	9.1%-0.3pp	9.5%+0.8pp	8.7%+1.9pp	6.8%+1.9pp	5.0%-1.2pp	6.2%+0.1pp	6.0%-2.9pp	9.0%+4.2pp	4.7%-0.1pp	4.8%+0.4pp	4.5%+0.9pp	3.6%+2.9pp	0.7%-1.8pp	2.4%
Current Ratio	0.940.0x	0.98+0.2x	0.81-0.3x	1.11+0.3x	0.83-0.2x	1.07+0.2x	0.840.0x	0.83-0.2x	1.06-0.1x	1.15+0.1x	1.05+0.2x	0.88-0.2x	1.06+0.1x	0.99+0.2x	0.84
Debt-to-Equity	1.410.0x	1.42+0.2x	1.24-0.4x	1.59+0.1x	1.47-0.5x	1.98-0.7x	2.72-0.5x	3.19+0.4x	2.81-1.6x	4.36-0.8x	5.12+1.0x	4.09+0.5x	3.59-0.7x	4.33-36.2x	40.50
Asset Turnover	0.540.0x	0.540.0x	0.56+0.1x	0.480.0x	0.480.0x	0.480.0x	0.490.0x	0.440.0x	0.440.0x	0.480.0x	0.480.0x	0.470.0x	0.46+0.1x	0.37-0.3x	0.63
FCF Margin	N/A	2.7%-3.1pp	5.9%-0.5pp	6.4%+1.3pp	5.1%-23.8pp	28.8%-1.2pp	30.0%-3.2pp	33.2%+1.7pp	31.5%-0.6pp	32.1%-0.5pp	32.5%+3.0pp	29.6%+0.4pp	29.2%+14.0pp	15.2%-6.9pp	22.1%

Metric	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-Q	Q4'2410-K	Q3'2410-K	Q2'2410-K
Gross Margin	36.9%+0.4pp	37.8%-2.2pp	39.4%-1.9pp	38.9%-1.4pp	36.5%-2.2pp	40.0%-1.9pp	41.3%-0.8pp	40.2%+0.1pp
Operating Margin	21.8%+0.2pp	25.0%-1.5pp	26.3%-1.8pp	25.4%-1.2pp	21.6%-2.8pp	26.5%-2.0pp	28.1%-1.1pp	26.6%+0.6pp
Net Margin	13.3%-0.6pp	15.5%-1.3pp	16.6%-1.2pp	15.8%-1.1pp	13.9%-1.6pp	16.8%-1.4pp	17.7%-0.9pp	16.9%+0.2pp
Return on Equity	5.9%0.0pp	7.3%-0.7pp	7.8%-0.5pp	6.9%-0.8pp	5.9%-0.8pp	8.0%-0.4pp	8.3%-0.8pp	7.7%-0.3pp
Return on Assets	1.8%-0.1pp	2.2%-0.3pp	2.3%-0.2pp	2.1%-0.2pp	1.8%-0.2pp	2.5%-0.2pp	2.5%-0.2pp	2.3%0.0pp
Current Ratio	0.80-0.1x	0.940.0x	0.90+0.1x	0.860.0x	0.850.0x	0.98+0.2x	0.820.0x	0.81+0.1x
Debt-to-Equity	1.37+0.1x	1.410.0x	1.400.0x	1.34-0.1x	1.31-0.1x	1.42+0.2x	1.380.0x	1.390.0x
Asset Turnover	0.130.0x	0.140.0x	0.140.0x	0.140.0x	0.130.0x	0.150.0x	0.140.0x	0.140.0x
FCF Margin	N/A	N/A	N/A	N/A	N/A	11.5%-12.5pp	-4.2%-2.7pp	-7.0%-5.1pp

Note: The current ratio is below 1.0 (0.94), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
United Rentals, Inc. URI	FY2025	$16.1B	$2.5B	15.5%	$65.8B	52/100
Aercap Holdings N.V. AER	FY2025	$8.5B	$3.8B	44.0%	$22.7B	14/100
FTAI Aviation Ltd. FTAI	FY2025	$2.5B	$501.1M	20.0%	$17.5B	34/100
U-Haul Holding Company UHAL	FY2026	$6.0B	$83.1M	1.4%	$11.2B	22/100
Herc Holdings Inc. HRI	FY2025	$4.4B	$1.0M	0.0%	$4.1B	36/100
Air Lease Corporation AL	FY2025	$3.0B	$1.1B	36.1%	$7.3B	30/100

Where United Rentals, Inc. Ranks

Frequently Asked Questions

What is United Rentals, Inc.'s annual revenue?

United Rentals, Inc. (URI) reported $16.1B in total revenue for fiscal year 2025. This represents a 4.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is United Rentals, Inc.'s revenue growing?

United Rentals, Inc. (URI) revenue grew by 4.9% year-over-year, from $15.3B to $16.1B in fiscal year 2025.

Is United Rentals, Inc. profitable?

Yes, United Rentals, Inc. (URI) reported a net income of $2.5B in fiscal year 2025, with a net profit margin of 15.5%.

What is United Rentals, Inc.'s EBITDA?

United Rentals, Inc. (URI) had EBITDA of $4.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does United Rentals, Inc. have?

As of fiscal year 2025, United Rentals, Inc. (URI) had $459.0M in cash and equivalents against $12.7B in long-term debt.

What is United Rentals, Inc.'s gross margin?

United Rentals, Inc. (URI) had a gross margin of 38.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is United Rentals, Inc.'s operating margin?

United Rentals, Inc. (URI) had an operating margin of 24.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is United Rentals, Inc.'s net profit margin?

United Rentals, Inc. (URI) had a net profit margin of 15.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does United Rentals, Inc. pay dividends?

Yes, United Rentals, Inc. (URI) paid $7.16 per share in dividends during fiscal year 2025.

What is United Rentals, Inc.'s return on equity (ROE)?

United Rentals, Inc. (URI) has a return on equity of 27.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is United Rentals, Inc.'s operating cash flow?

United Rentals, Inc. (URI) generated $5.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are United Rentals, Inc.'s total assets?

United Rentals, Inc. (URI) had $29.9B in total assets as of fiscal year 2025, including both current and long-term assets.

Does United Rentals, Inc. buy back shares?

Yes, United Rentals, Inc. (URI) spent $2.0B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does United Rentals, Inc. have outstanding?

United Rentals, Inc. (URI) had 63M shares outstanding as of fiscal year 2025.

What is United Rentals, Inc.'s current ratio?

United Rentals, Inc. (URI) had a current ratio of 0.94 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is United Rentals, Inc.'s debt-to-equity ratio?

United Rentals, Inc. (URI) had a debt-to-equity ratio of 1.41 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is United Rentals, Inc.'s return on assets (ROA)?

United Rentals, Inc. (URI) had a return on assets of 8.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is United Rentals, Inc.'s P/E ratio?

United Rentals, Inc. (URI) trades at 26.2x earnings, its market capitalization divided by net income of $2.5B net income, trailing 12 months to March 31, 2026. The market capitalization is $65.8B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is United Rentals, Inc.'s price-to-sales ratio?

United Rentals, Inc. (URI) trades at 4.0x sales, its market capitalization divided by revenue of $16.4B revenue, trailing 12 months to March 31, 2026. The market capitalization is $65.8B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is United Rentals, Inc.'s Altman Z-Score?

United Rentals, Inc. (URI) has an Altman Z-Score of 3.60, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is United Rentals, Inc.'s Piotroski F-Score?

United Rentals, Inc. (URI) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are United Rentals, Inc.'s earnings high quality?

United Rentals, Inc. (URI) has an earnings quality ratio of 2.08x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can United Rentals, Inc. cover its interest payments?

United Rentals, Inc. (URI) has an interest coverage ratio of 5.55x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is United Rentals, Inc.?

United Rentals, Inc. (URI) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.