URI
United Rentals Inc.Stock · IndustrialsS&P 500 Equal Weight 0.2% · S&P 500 0.1% · Russell 1000 0.1% · US Stock Market 0.10% · Russell 3000 0.10% · MSCI World 0.07% · MSCI ACWI 0.06%$989.12+0.00%
as of market close, Sep 11, 2026
☾ AH — —
URI financial statements
The full income statement, balance sheet, and cash-flow statement for United Rentals Inc. (URI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-03 66.6M2024-06 66.1M2024-09 65.6M2024-12 65.3M2025-03 65.0M2025-06 64.3M2025-09 63.6M2025-12 63.0M2026-03 62.6M-5.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 16.1B+4.9% | 15.3B+7.1% | 14.3B+23.1% | 11.6B+19.8% | 9.72B+13.9% | |
| 6.14B-0.1% | 6.15B+5.8% | 5.81B+16.4% | 5.00B+29.7% | 3.85B+21.0% | ||
| Cost of revenue | 9.96B+8.3% | 9.20B+7.9% | 8.52B+28.2% | 6.65B+13.4% | 5.86B+9.7% | |
| Selling, general & administrative | 1.73B+5.3% | 1.65B+7.7% | 1.53B+9.1% | 1.40B+16.8% | 1.20B+22.5% | |
| Restructuring | 1.00M-66.7% | 3.00M-89.3% | 28.0M | 0.00-100.0% | 2.00M-88.2% | |
| Amortization of intangibles | 238M-7.8% | 258M-4.8% | 271M+23.7% | 219M-6.0% | 233M-6.8% | |
| Operating income | 3.97B-2.3% | 4.07B+6.2% | 3.83B+18.4% | 3.23B+41.9% | 2.28B+26.5% | |
| Other non-operating income | 81.0M+478.6% | 14.0M-26.3% | 19.0M+26.7% | 15.0M+314.3% | -7.00M-187.5% | |
| Pre-tax income | 3.34B-1.5% | 3.39B+5.5% | 3.21B+14.6% | 2.80B+51.8% | 1.85B+62.1% | |
| Income tax | 844M+3.8% | 813M+3.3% | 787M+12.9% | 697M+51.5% | 460M+84.7% | |
| Net income | 2.49B-3.1% | 2.58B+6.2% | 2.42B+15.2% | 2.10B+51.9% | 1.39B+55.7% | |
| $38.61-0.2% | $38.69+9.7% | $35.28+19.0% | $29.65+55.7% | $19.04+56.1% | ||
| EPS (basic) | $38.71-0.3% | $38.82+9.7% | $35.40+18.9% | $29.77+55.5% | $19.14+56.4% | |
| Weighted-avg shares (basic) | 64.4M-2.9% | 66.3M-3.1% | 68.5M-3.2% | 70.7M-2.4% | 72.4M-0.3% | |
| Weighted-avg shares (diluted) | 64.6M-2.9% | 66.6M-3.1% | 68.7M-3.2% | 71.0M-2.5% | 72.8M-0.2% | |
| Dividends per share | $7.16+9.8% | $6.52+10.1% | $5.92 | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.61B+11.0% | 3.25B+10.8% | 2.93B+7.7% | 2.72B+26.6% | 2.15B+6.6% | ||
| Cash & equivalents | 459M+0.4% | 457M+25.9% | 363M+242.5% | 106M-26.4% | 144M-28.7% | |
| Accounts receivable | 2.51B+6.5% | 2.36B+5.7% | 2.23B+11.3% | 2.00B+19.5% | 1.68B+27.5% | |
| Inventory | 240M+20.0% | 200M-2.4% | 205M-11.6% | 232M+41.5% | 164M+31.2% | |
| Prepaid expenses | 399M+69.8% | 235M+74.1% | 135M-64.6% | 381M+129.5% | 166M-55.7% | |
| Other current assets | — | 90.0M+45.2% | 62.0M-15.1% | 73.0M+21.7% | 60.0M+42.9% | |
| 29.9B+6.0% | 28.2B+10.1% | 25.6B+5.8% | 24.2B+19.2% | 20.3B+13.6% | ||
| Operating lease right-of-use | 1.40B+4.3% | 1.34B+21.7% | 1.10B+34.2% | 819M+4.5% | 784M+14.0% | |
| Goodwill | 7.12B+3.2% | 6.90B+16.2% | 5.94B-1.4% | 6.03B+9.0% | 5.53B+7.0% | |
| Intangible assets | 477M-28.1% | 663M-1.0% | 670M+48.2% | 452M-26.5% | 615M-5.1% | |
| Other non-current assets | 64.0M+30.6% | 49.0M+14.0% | 43.0M-8.5% | 47.0M+11.9% | 42.0M+10.5% | |
| 3.82B+14.9% | 3.32B-8.6% | 3.64B+48.8% | 2.44B-6.1% | 2.60B+37.7% | ||
| Accounts payable | 776M+3.7% | 748M-17.3% | 905M-20.5% | 1.14B+39.6% | 816M+75.1% | |
| Accrued liabilities | 1.47B+4.9% | 1.40B+10.3% | 1.27B+10.7% | 1.15B+30.0% | 881M+22.4% | |
| Deferred revenue | 175M-5.4% | 185M+34.1% | 138M+5.3% | 131M+57.8% | 83.0M+62.7% | |
| Short-term & current debt | 1.58B+33.9% | 1.18B-19.6% | 1.47B+809.9% | 161M-82.2% | 906M+28.7% | |
| Current lease liability | 317M+7.8% | 294M+18.1% | 249M+18.0% | 211M+4.5% | 202M+13.5% | |
| Finance lease liability (current) | 108M+30.1% | 83.0M+50.9% | 55.0M+7.8% | 51.0M-3.8% | 53.0M-11.7% | |
| 20.9B+6.9% | 19.5B+11.9% | 17.5B+2.0% | 17.1B+19.7% | 14.3B+7.3% | ||
| Long-term debt | 14.3B+6.2% | 13.5B+16.3% | 11.6B+1.2% | 11.4B+17.4% | 9.75B-0.0% | |
| Non-current lease liability | 1.12B+3.2% | 1.09B+21.7% | 895M+39.4% | 642M+3.4% | 621M+13.1% | |
| Operating lease liability (total) | 1.44B+4.2% | 1.38B+20.9% | 1.14B+34.1% | 853M+3.6% | 823M+13.2% | |
| Finance lease liability (total) | 331M+25.9% | 263M+37.0% | 192M+56.1% | 123M-8.9% | 135M+0.0% | |
| Finance lease liability | 223M+23.9% | 180M+31.4% | 137M+90.3% | 72.0M-12.2% | 82.0M+9.3% | |
| Deferred tax liabilities | 3.12B+16.0% | 2.69B-0.6% | 2.70B+1.1% | 2.67B+24.0% | 2.15B+21.8% | |
| Other non-current liabilities | 188M-13.0% | 216M+24.9% | 173M+12.3% | 154M+6.9% | 144M+4.3% | |
| 8.97B+4.0% | 8.62B+6.1% | 8.13B+15.1% | 7.06B+17.9% | 5.99B+31.8% | ||
| Common stock | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | |
| Additional paid-in capital | 2.77B+2.9% | 2.69B+1.5% | 2.65B+0.9% | 2.63B+2.3% | 2.57B+3.4% | |
| Retained earnings | 15.8B+14.7% | 13.8B+18.3% | 11.7B+20.9% | 9.66B+27.9% | 7.55B+22.5% | |
| Treasury stock | 9.40B+25.6% | 7.48B+25.4% | 5.96B+20.3% | 4.96B+25.3% | 3.96B+0.0% | |
| Accumulated other comprehensive income | -249M+38.5% | -405M-77.6% | -228M+13.6% | -264M-54.4% | -171M-17.1% | |
| Total liabilities & equity | 29.9B+6.0% | 28.2B+10.1% | 25.6B+5.8% | 24.2B+19.2% | 20.3B+13.6% | |
| Common shares issued | 115M+0.2% | 115M+0.1% | 115M+0.2% | 115M+0.3% | 114M+0.2% | |
| Common shares outstanding | 63.1M-3.4% | 65.3M-2.9% | 67.3M-3.0% | 69.4M-4.2% | 72.4M+0.3% | |
| Shares outstanding (cover) | 63.0M-3.5% | 65.3M-2.8% | 67.2M-3.1% | 69.4M-4.2% | 72.4M+0.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.19B+14.2% | 4.55B-3.4% | 4.70B+6.1% | 4.43B+20.2% | 3.69B+38.8% | ||
| Depreciation & amortization | 438M+0.2% | 437M+1.4% | 431M+18.4% | 364M-2.2% | 372M-3.9% | |
| Intangible amortization | 238M-7.8% | 258M-4.8% | 271M+23.7% | 219M-6.0% | 233M-6.8% | |
| Share-based compensation | 134M+19.6% | 112M+19.1% | 94.0M-26.0% | 127M+6.7% | 119M+70.0% | |
| Deferred income taxes | 405M+2231.6% | -19.0M-154.3% | 35.0M-93.5% | 537M+100.4% | 268M+321.5% | |
| Change in receivables | 120M+500.0% | 20.0M-88.0% | 167M-49.2% | 329M+9.7% | 300M+237.6% | |
| Change in inventory | 38.0M+353.3% | -15.0M+21.1% | -19.0M-176.0% | 25.0M+377.8% | -9.00M-280.0% | |
| Change in payables | -22.0M+89.2% | -203M-351.1% | -45.0M-114.8% | 304M-1.0% | 307M+2970.0% | |
| -3.37B+18.8% | -4.15B-39.4% | -2.98B+40.7% | -5.02B-38.9% | -3.61B-1519.3% | ||
| Capital expenditure | — | 4.13B+6.9% | 3.86B+4.7% | 3.69B+15.4% | 3.20B+1523.4% | |
| Free cash flow | — | 416M-50.5% | 840M+13.1% | 743M+51.3% | 491M-80.0% | |
| Acquisitions | 357M-78.4% | 1.66B+188.3% | 574M-75.5% | 2.34B+63.0% | 1.44B+71700.0% | |
| Purchases of investments | 3.00M-40.0% | 5.00M+25.0% | 4.00M-42.9% | 7.00M | 0.00-100.0% | |
| Proceeds from sale of PP&E | 56.0M-16.4% | 67.0M+11.7% | 60.0M+150.0% | 24.0M-20.0% | 30.0M-28.6% | |
| -1.84B-571.9% | -274M+81.4% | -1.47B-367.0% | 552M+494.3% | -140M+93.9% | ||
| Long-term debt issued | 11.2B-3.7% | 11.6B+35.4% | 8.58B-13.2% | 9.88B+18.2% | 8.36B-9.7% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.97B+25.3% | 1.57B+46.8% | 1.07B+0.2% | 1.07B+3041.2% | 34.0M-88.1% | |
| Dividends paid | 464M+6.9% | 434M+6.9% | 406M | 0.00 | 0.00 | |
| FX effect on cash | 22.0M+173.3% | -30.0M-1100.0% | 3.00M+142.9% | -7.00M-275.0% | 4.00M-50.0% | |
| Net change in cash | 2.00M-97.9% | 94.0M-63.4% | 257M+776.3% | -38.0M+34.5% | -58.0M-138.7% | |
| Interest paid | 703M+4.3% | 674M+9.8% | 614M+51.2% | 406M+3.8% | 391M-19.0% | |
| Income taxes paid | 602M-39.4% | 994M+101.6% | 493M+51.2% | 326M+61.4% | 202M-36.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 51.0B+10.8% | 46.0B+18.4% | 38.9B+57.8% | 24.6B+2.4% | 24.1B+43.7% | |
| P/E | 20.4×+14.4% | 17.9×+9.6% | 16.3×+28.9% | 12.7×-27.1% | 17.4×-7.7% | |
| P/S | 3.2×+5.6% | 3.0×+7.2% | 2.8×+26.2% | 2.2×-10.6% | 2.5×+26.2% | |
| P/B | 5.7×+6.6% | 5.3×+6.5% | 5.0×+29.2% | 3.9×-3.5% | 4.0×+9.0% | |
| P/FCF | 122.6×+10.8% | 110.6×-59.0% | 269.9×+408.4% | 53.1×+8.3% | 49.0×+620.4% | |
| Earnings yield | 4.9%-12.6% | 5.6%-8.7% | 6.1%-22.4% | 7.9%+37.2% | 5.8%+8.4% | |
| FCF yield | 0.82%-9.8% | 0.90%+144.1% | 0.37%-80.3% | 1.9%-7.7% | 2.0%-86.1% | |
| Dividend yield | 0.88%-4.4% | 0.93%-10.3% | 1.0% | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: URI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all URI filings on SEC EDGAR → Not investment advice.