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United Rentals Inc Stock Research

URI

372.83USD+2.05(+0.55%)Delayed

Market Summary

USD372.83+2.05
Delayed
0.55%

URI Alerts

URI Stock Price

URI RSI Chart

URI Valuation

Market Cap

27.0B

Price/Earnings (Trailing)

12.82

Price/Sales (Trailing)

2.32

EV/EBITDA

10.67

Price/Free Cashflow

6.09

URI Price/Sales (Trailing)

URI Profitability

Operating Margin

42.91%

EBT Margin

24.07%

Return on Equity

29.81%

Return on Assets

8.7%

Free Cashflow Yield

16.42%

URI Fundamentals

URI Revenue

Revenue (TTM)

11.6B

Revenue Y/Y

18.73%

Revenue Q/Q

8.03%

URI Earnings

Earnings (TTM)

2.1B

Earnings Y/Y

32.85%

Earnings Q/Q

5.45%

Price Action

52 Week Range

230.54481.99
(Low)(High)

Last 7 days

-1.5%

Last 30 days

-17.2%

Last 90 days

4.0%

Trailing 12 Months

2.5%

URI Financial Health

Current Ratio

1.11

Debt/Equity

1.59

Debt/Cashflow

0.4

URI Investor Care

Buy Backs (1Y)

4.23%

Diluted EPS (TTM)

29.76

Peers (Alternatives to United Rentals)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
40.4B
25.5B
-6.38% -10.94%
38.88
1.62
5.44% -19.02%
34.1B
15.2B
1.14% 33.93%
22.06
2.24
16.94% 48.32%
29.9B
7.0B
2.17% -7.39%
27.49
4.28
16.13% 17.50%
27.0B
11.6B
-17.23% 2.52%
12.82
2.32
19.82% 51.88%
MID-CAP
9.0B
3.3B
-9.00% -7.31%
19.64
2.75
14.11% -5.18%
7.0B
21.4B
-13.52% 6.68%
10.16
0.35
17.58% 84.90%
4.1B
2.3B
-12.84% -16.07%
-42.46
1.78
10.96% -122.22%
3.7B
1.7B
-8.72% -11.23%
4.99
2.22
9.51% 40.86%
3.2B
2.7B
-22.55% -34.88%
9.62
1.16
32.11% 47.21%
2.5B
708.4M
-5.76% 21.60%
-11.79
3.53
111.10% -62.22%
SMALL-CAP
1.6B
1.2B
-19.19% -4.56%
11.71
1.26
17.10% 120.75%

Financials for United Rentals

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.7%11,64211,12210,66710,1839,716
Cost Of Revenue3.0%6,6466,4536,2616,0525,863
Gross Profit7.0%4,9964,6694,4064,1313,853
  S&GA Expenses4.2%1,4001,3441,3141,2721,199
EBITDA8.6%3,5723,2903,0482,805-
EBITDA Margin3.7%0.31*0.30*0.29*0.28*-
Earnings Before Taxes9.8%2,8022,5512,2852,0541,846
EBT Margin4.9%0.24*0.23*0.21*0.20*-
Interest Expenses10.3%406368384373391
Net Income8.1%2,1051,9471,7501,5501,386
Net Income Margin3.3%0.18*0.18*0.16*0.15*-
Free Cahsflow15.1%4,4333,8503,7953,669-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets12.9%24,18321,41920,82020,16920,292
  Current Assets17.0%2,7232,3272,1642,0102,151
    Cash Equivalents39.5%10676.0068.00101144
  Inventory20.2%232193199179164
  Goodwill8.7%6,0265,5435,6105,5175,528
Liabilities13.6%17,12115,06614,77414,08514,301
  Current Liabilities8.0%2,4452,2642,0232,5972,603
  Long Term Debt14.9%11,2099,7549,7618,5288,779
Shareholder's Equity11.2%7,0626,3536,0466,0845,991
  Retained Earnings7.1%9,6569,0178,4117,9187,551
  Additional Paid-In Capital0.8%2,6262,6042,5702,5352,567
Shares Outstanding0.1%69.0069.0070.0072.0072.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations15.1%4,4333,8503,7953,8173,689
  Share Based Compensation1.6%127125123122119
Cashflow From Investing-80.6%-5,016-2,778-2,795-3,971-3,611
Cashflow From Financing142.2%552-1,309-1,260-26.00-140
  Buy Backs0.8%1,0681,05982132234.00

Risks for URI

What is the probability of a big loss on URI?

79.2%


Probability that United Rentals stock will be more than 20% underwater in next one year

56.5%


Probability that United Rentals stock will be more than 30% underwater in next one year.

37.3%


Probability that United Rentals stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does URI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if United Rentals was unfortunately bought at previous high price.

Drawdowns

Returns for URI

Cumulative Returns on URI

21.1%


10-Year Cumulative Returns

29.3%


7-Year Cumulative Returns

17.1%


5-Year Cumulative Returns

60.5%


3-Year Cumulative Returns

What are the long-term rolling returns for URI?

FIve years rolling returns for United Rentals.

Annualized Returns

Which funds bought or sold URI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
ETF MANAGERS GROUP, LLC
reduced
-47.31
-314,805
711,195
0.03%
2023-03-23
MetLife Investment Management, LLC
reduced
-2.59
1,514,330
6,890,530
0.06%
2023-03-17
American Portfolios Advisors
reduced
-40.21
-1,340,240
2,658,790
0.11%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
1.24
499,412
2,007,410
0.06%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-59.55
-85,730,000
97,571,000
0.11%
2023-03-08
Capital Asset Advisory Services LLC
new
-
201,523
201,523
0.02%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-4.56
3,088,000
15,157,000
0.08%
2023-03-03
TIAA, FSB
reduced
-91.98
-6,539,030
771,972
-%
2023-03-01
SMITHBRIDGE ASSET MANAGEMENT INC/DE
new
-
4,364,000
4,364,000
1.16%
2023-02-28
Voya Investment Management LLC
reduced
-2.38
48,969,200
221,076,000
0.31%

1–10 of 46

Latest Funds Activity

Are funds buying URI calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own URI
No. of Funds

United Rentals News

Best Stocks

Insider Selling Raises Questions for United Rentals, Inc..

Best Stocks,
102 minutes ago

Nasdaq

Schedule 13G FIlings of United Rentals

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.70%
8,110,194
SC 13G/A
Feb 07, 2023
blackrock inc.
8.0%
5,556,323
SC 13G/A
Feb 06, 2023
state street corp
4.97%
3,441,946
SC 13G/A
Feb 14, 2022
state street corp
5.21%
3,769,447
SC 13G/A
Feb 03, 2022
blackrock inc.
7.4%
5,391,556
SC 13G/A
Feb 11, 2021
state street corp
5.82%
4,201,548
SC 13G
Feb 10, 2021
vanguard group inc
10.49%
7,565,271
SC 13G/A
Feb 01, 2021
blackrock inc.
7.0%
5,067,973
SC 13G/A
Feb 14, 2020
state street corp
6.32%
4,749,864
SC 13G
Feb 12, 2020
vanguard group inc
11.22%
8,435,500
SC 13G/A

URI Fair Value

United Rentals fair value in different scenarios

The table shows the Fair Value estimates for United Rentals for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

348.44

-6.54%

447.05

19.91%

616.83

65.45%

825.65

121.45%

977.56

162.20%
Current Inflation

321.40

-13.79%

406.32

8.98%

549.86

47.48%

725.83

94.68%

853.11

128.82%
Very High Inflation

287.88

-22.79%

356.84

-4.29%

470.43

26.18%

609.30

63.43%

709.00

90.17%

Historical United Rentals Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of United Rentals

View All Filings
Date Filed Form Type Document
Mar 22, 2023
ARS
ARS
Mar 22, 2023
DEF 14A
DEF 14A
Mar 22, 2023
DEFA14A
DEFA14A
Mar 13, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
PRE 14A
PRE 14A

Latest Insider Trading transactions for URI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-12
Grace William E.
sold (taxes)
-6,868
429
-16.00
evp, cfo
2023-03-09
Flannery Matthew John
sold
-5,735,930
477
-12,000
president & ceo
2023-03-08
Limoges Andrew B.
sold (taxes)
-14,798
477
-31.00
vp, controller
2023-03-08
Grace William E.
sold (taxes)
-21,003
477
-44.00
evp, cfo
2023-03-08
Flannery Matthew John
sold (taxes)
-267,322
477
-560
president & ceo
2023-03-08
PINTOFF CRAIG ADAM
sold (taxes)
-150,368
477
-315
evp, chief admin. officer
2023-03-08
Asplund Dale A
sold (taxes)
-124,591
477
-261
evp, chief operating officer
2023-03-04
Flannery Matthew John
sold (taxes)
-572,127
479
-1,193
president & ceo
2023-03-04
Asplund Dale A
sold (taxes)
-227,796
479
-475
evp, chief operating officer
2023-03-04
Limoges Andrew B.
sold (taxes)
-29,253
479
-61.00
vp, controller

1–10 of 50

Matthew J. Flannery
20400
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, directly to manufacturers, and at auctions. As of January 1, 2022, the company operated a network of 1,345 rental locations, including 1,149 of these locations are in the United States, 139 are in Canada, 11 are in Europe, and and 46 are in Australia and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

URI Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Revenues$ 11,642$ 9,716$ 8,530
Cost of revenues:   
Cost of equipment rentals, excluding depreciation4,0183,3292,820
Depreciation of rental equipment1,8531,6111,601
Total cost of revenues6,6465,8635,347
Gross profit4,9963,8533,183
Selling, general and administrative expenses1,4001,199979
Merger related costs030
Restructuring charge0217
Non-rental depreciation and amortization364372387
Operating income3,2322,2771,800
Interest expense, net445424669
Other (income) expense, net(15)7(8)
Income before provision for income taxes2,8021,8461,139
Provision for income taxes697460249
Net income$ 2,105$ 1,386$ 890
Basic earnings per share (in dollars per share)$ 29.77$ 19.14$ 12.24
Diluted earnings per share (in dollars per share)$ 29.65$ 19.04$ 12.20
Equipment rentals   
Revenues:   
Revenues$ 10,116$ 8,207$ 7,140
Sales of rental equipment   
Revenues:   
Revenues965968858
Cost of revenues:   
Cost of goods and services sold399537526
Sales of new equipment   
Revenues:   
Revenues154203247
Cost of revenues:   
Cost of goods and services sold124169214
Contractor supplies sales   
Revenues:   
Revenues12610998
Cost of revenues:   
Cost of goods and services sold847869
Service and other revenues   
Revenues:   
Revenues281229187
Cost of revenues:   
Cost of goods and services sold$ 168$ 139$ 117

URI Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash and cash equivalents$ 106$ 144
Accounts receivable, net2,0041,677
Inventory232164
Prepaid expenses and other assets381166
Total current assets2,7232,151
Goodwill6,0265,528
Other intangible assets, net452615
Operating lease right-of-use assets819784
Other long-term assets4742
Total assets24,18320,292
LIABILITIES AND STOCKHOLDERS’ EQUITY  
Short-term debt and current maturities of long-term debt161906
Accounts payable1,139816
Accrued expenses and other liabilities1,145881
Total current liabilities2,4452,603
Long-term debt11,2098,779
Deferred taxes2,6712,154
Operating Lease, Liability, Noncurrent642621
Other long-term liabilities154144
Total liabilities17,12114,301
Common stock—$0.01 par value, 500,000,000 shares authorized, 114,758,508 and 69,356,981 shares issued and outstanding, respectively, at December 31, 2022 and 114,434,075 and 72,420,566 shares issued and outstanding, respectively, at December 31, 202111
Additional paid-in capital2,6262,567
Retained earnings9,6567,551
Treasury stock at cost—45,401,527 and 42,013,509 shares at December 31, 2022 and December 31, 2021, respectively(4,957)(3,957)
Accumulated other comprehensive loss(264)(171)
Total stockholders’ equity7,0625,991
Total liabilities and stockholders’ equity24,18320,292
Sales of rental equipment  
ASSETS  
Property and equipment, net13,27710,560
Property and equipment, net  
ASSETS  
Property and equipment, net$ 839$ 612