United Rentals, Inc. (URI)
- Previous Close
690.92 - Open
685.28 - Bid 665.98 x 900
- Ask 695.98 x 800
- Day's Range
678.78 - 693.40 - 52 Week Range
325.15 - 732.37 - Volume
576,036 - Avg. Volume
541,206 - Market Cap (intraday)
46.401B - Beta (5Y Monthly) 1.82
- PE Ratio (TTM)
18.76 - EPS (TTM)
36.83 - Earnings Date Jul 24, 2024 - Jul 29, 2024
- Forward Dividend & Yield 6.52 (0.94%)
- Ex-Dividend Date May 7, 2024
- 1y Target Est
667.46
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, at auctions, and directly to manufacturers. The company operates in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.
www.unitedrentals.com26,650
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: URI
Performance Overview: URI
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: URI
Valuation Measures
Market Cap
46.01B
Enterprise Value
58.95B
Trailing P/E
18.75
Forward P/E
16.08
PEG Ratio (5yr expected)
1.46
Price/Sales (ttm)
3.24
Price/Book (mrq)
5.67
Enterprise Value/Revenue
4.06
Enterprise Value/EBITDA
8.76
Financial Highlights
Profitability and Income Statement
Profit Margin
17.31%
Return on Assets (ttm)
9.87%
Return on Equity (ttm)
32.98%
Revenue (ttm)
14.53B
Net Income Avi to Common (ttm)
2.52B
Diluted EPS (ttm)
36.83
Balance Sheet and Cash Flow
Total Cash (mrq)
429M
Total Debt/Equity (mrq)
164.67%
Levered Free Cash Flow (ttm)
2.91B
Research Analysis: URI
Company Insights: URI
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: URI
Analyst Report: United Rentals, Inc.
United Rentals is the largest rental equipment company in the world, with a store network almost three times the size of any other provider, and locations in 49 states and all Canadian provinces. The company has over 26,300 employees and approximately 1,600 rental locations in the U.S. and Canada, as well as locations in Europe, Australia and New Zealand. The shares are a component of the S&P 500.
RatingPrice TargetMarket Update: COF, HBAN, JBLU, SKX, UNP, URI, WBA
U.S. stocks rose on Friday morning following PCE data. The Fed's preferred inflation indicator, the personal consumption expenditures index (PCE), rose 0.3% in March, which was below estimates of a 0.5% increase and matched the increase in February. Core PCE also rose 0.3%, which was steady from last month and in line with estimates. The latest readings bring the annual rate for headline PCE to 2.7%, up from 2.5% in February, and core PCE to 2.8%, which was unchanged from last month. The Dow was down 0.4%, the S&P 500 fell 1.1% and the Nasdaq lost 2.1%. Crude oil is trading near $84 per barrel and gold is up $5 to $2348 per ounce.
Analyst Report: United Rentals, Inc.
United Rentals is the world’s largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 17% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.
RatingPrice TargetThe Argus Innovation Model Portfolio
The United States economy is full of innovation. It has to be. Manufacturing industries that dominated the economy decades ago - textiles, televisions, even automobiles to a large degree - have moved overseas, where labor and materials costs are lower. Yet the U.S. economy, even during the pandemic and the current period of high inflation, has expanded to record levels. If U.S. corporations weren't innovating, creating new products (such as vaccines and AI) and services (such as Zoom calls) and moving into new markets, the domestic economy would not be growing, and capital would not be flooding into the country. The current high level of the U.S. dollar relative to currencies around the world attests to the confidence that global investors have in the durable and innovative U.S. economy.