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NYSE · Industrials

UNITED RENTALS, INC. (URI)

As-reported financials and recent SEC filings for UNITED RENTALS, INC., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About UNITED RENTALS, INC.

United Rentals, Inc. is the largest equipment rental company globally, operating primarily in the United States and Canada with smaller operations in Europe, Australia, and New Zealand. The company rents a wide range of equipment including general construction and industrial equipment, aerial work platforms, power and HVAC equipment, trench safety equipment, and fluid solutions. It serves large construction and industrial customers as well as local contractors through a network of rental locations.

Snapshot

Revenue
$16.10B
Revenue growth (YoY)
4.9%
Net income
$2.49B
Diluted EPS
$38.61
Gross margin
38.2%
Operating margin
24.7%
Net margin
15.5%
FCF margin
ROE
27.8%
P/E (TTM)
27.1×
Market cap
$70.20B
Debt / equity
1.4×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at United Rentals

  • Revenue grew 4.9% to $16.1B in FY2025, slower than the 7.1% the year before.
  • Operating margin is 24.7% in FY2025, +1.2 pp against 23.4% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $4.0B, up 7.2% from Q1 FY2025.
  • Net income fell 3.1% to $2.5B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where United Rentals’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin38.2%
71st percentile of 467
Operating margin24.7%
93rd percentile of 606
Net margin15.5%
88th percentile of 646
Revenue growth (YoY)+4.9%
54th percentile of 669
ROE27.8%
90th percentile of 601
P/E (TTM)27.1×
53rd percentile of 435
Debt / equity1.41×
84th percentile of 406
Short interest3.80d
49th percentile of 676

United Rentals’s operating margin of 24.7% ranks in the 93rd percentile of the 606 Industrials companies reporting it. United Rentals’s return on equity of 27.8% ranks in the 90th percentile of the 601 Industrials companies reporting it. United Rentals’s net margin of 15.5% ranks in the 88th percentile of the 646 Industrials companies reporting it.

No open-market insider buys in the last 90 days; 1 insider sale totaling $1.7M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
5
+5 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$268.5M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ1 2026$77.9M106.9KReduced
Two Sigma InvestmentsquantQ1 2026$56.1M76.9KAdded
Millennium ManagementquantQ1 2026$45.0M61.8KReduced
AQR Capital ManagementquantQ1 2026$28.6M39.9KAdded
Markel GroupQ1 2026$22.7M31.1KHeld
Wedgewood PartnersQ1 2026$18.4M25.2KReduced
Gotham Asset ManagementQ1 2026$10.5M14.5KAdded
Bridgewater AssociatesQ1 2026$7.5M10.4KNew
D. E. ShawquantQ1 2026$1.7M2.4KReduced
First Eagle Investment ManagementQ1 2026$4,3716Added

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
1
$1.7M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-24
Grace William E.EVP, CFOSell1.5K$1133.15$1.7M
2026-04-27
PINTOFF CRAIG ADAMEVP, Chief Admin. OfficerSell2.5K$963.00$2.4M
2026-04-27
Gross Joli L.SVP, Chief LGL & Sustain. Off.Sell306$954.99$292K
2026-04-24
Flannery Matthew JohnPresident & CEOSell22.8K$984.98$22.4M
2026-04-24
Limoges Andrew B.VP, ControllerSell548$977.86$536K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
1.4M
settled 2026-07-15
Change vs prior
-6.1%
vs previous settlement
Days to cover
3.80
at avg daily volume
Avg daily volume
368.8K
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-151.4M-6.1%3.80
2026-06-301.5M+5.4%2.72
2026-06-151.4M+3.7%2.53
2026-05-291.4M-2.3%2.97
2026-05-151.4M-8.9%2.63
2026-04-301.5M-15.0%2.25
2026-04-151.8M-4.6%3.95
2026-03-311.9M+5.7%3.43

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$16.10B$15.35B$14.33B$11.64B$9.72B
Gross profit$6.14B$6.15B$5.81B$5.00B$3.85B
Operating income$3.97B$4.07B$3.83B$3.23B$2.28B
Net income$2.49B$2.58B$2.42B$2.10B$1.39B
Diluted EPS$38.61$38.69$35.28$29.65$19.04

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$5.19B$4.55B$4.70B$4.43B$3.69B
Capital expenditure$4.13B$3.86B$3.69B$3.20B
Free cash flow$416.0M$840.0M$743.0M$491.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$3.98B7.2%$531.0M$8.43
Q4 FY2025$4.21B2.8%$653.0M$10.24
Q3 FY2025$4.23B5.9%$701.0M$10.91
Q2 FY2025$3.94B4.5%$622.0M$9.59
Q1 FY2025$3.72B6.7%$518.0M$7.91
Q4 FY2024$4.09B9.8%$689.0M$10.44
Q3 FY2024$3.99B6.0%$708.0M$10.70
Q2 FY2024$3.77B6.2%$636.0M$9.54

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryServices-Equipment Rental & Leasing, NEC
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2015
SEC CIK1067701

Recent SEC filings

10-K2026-01-28
View on EDGAR →
10-K2025-01-29
View on EDGAR →
10-Q2026-07-22
View on EDGAR →
10-Q2026-04-22
View on EDGAR →
10-Q2025-10-22
View on EDGAR →
10-Q2025-07-23
View on EDGAR →
8-K2026-07-22
View on EDGAR →
8-K2026-06-18
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.