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United Rentals (URI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

United Rentals
NYSE•Industrials•Rental & Leasing Services
$1,170.05-28.63(-0.02%)Market closed
Market Cap
$73.07B
P/E
25.6x
P/S
4.2x
P/B
7.5x

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company in the United States, Canada, Europe, Australia, and New Zealand. It operates through two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, including 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 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; surface protection mats; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. The company 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. It sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

B

How this company scores

GoodMetricSide Score: 72/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (12/25).

Profitability25/25
Growth19/25
Balance Sheet & Red Flags12/25
Cash & Earnings Quality16/25
Strengths
Rising free cash flowStrong marginsHigh ROEProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 25.6x5y range 9.7x – 26.6x
P/E 25.6x · above its 20-quarter median

Currently above its 20-quarter median.

P/S · 4.2x5y range 1.6x – 4.2x
P/S 4.2x · above its 20-quarter median

Currently above its 20-quarter median.

P/B · 7.5x5y range 2.8x – 7.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.5x) — earnings may be inflated by non-cash items or aggressive accounting.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Price & Volume
Market Cap $73.07B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$17.50B
7Q
Q. Revenue
$4.89B
2Q
TTM EBITDA
$4.92B
3Q
TTM Op. Income
$4.47B
3Q
Q. Op. Income
$1.41B
2Q
TTM Net Income
$2.86B
3Q
Q. Net Income
$920.00M
2Q
EPS
$14.79
2Q
Shares Out.
$62.16M
7Q
$17.50B in TTM revenue grew 9.4% YoY, reaching $4.89B last quarter. TTM EBITDA of $4.92B and TTM operating income of $4.47B show growth is flowing through to the bottom line. TTM net income of $2.86B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
41.8%
2Q
EBITDA Margin
31.1%
2Q
Op. Margin
28.8%
2Q
Net Margin
18.8%
2Q
Op. margin of 28.8% is up 2.5% YoY — cost efficiency is improving. Net margin at 18.8% and gross margin of 41.8% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
25.6x
7%
P/S Ratio
4.2x
2Q
P/B Ratio
7.5x
12%
At 25.6x P/E, the stock trades within typical market levels. P/S of 4.2x and P/B of 7.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 7% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$32.78B
3Q
Cash
$153.00M
70%
Long-Term Debt
$13.06B
2Q
Book Value
$9.70B
2Q
D/E Ratio
1.3
4%
Debt/EBITDA
8.6
2Q
With $32.78B in assets and $13.06B in long-term debt, D/E is 1.3and book value is $9.70B — moderate leverage. Over the past year, debt/equity is down 4% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$1.63B
38%
TTM Free Cash Flow
$1.28B
54%
FCF Margin
7.3%
41%
FCF / Net Income
0.4
37%
TTM FCF of $1.28B on $1.63B in operating cash flow. The FCF / Net Income ratio of 0.4x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 54% — an improving trend.

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· above its 20-quarter median

Currently above its 20-quarter median.