Market Summary
USD372.83+2.05
Delayed0.55%
URI Alerts
URI Stock Price
URI RSI Chart
URI Valuation
URI Price/Sales (Trailing)
URI Profitability
URI Fundamentals
URI Revenue
URI Earnings
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
URI Investor Care
Peers (Alternatives to United Rentals)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
JCI | 40.4B | 25.5B | -6.38% | -10.94% | 38.88 | 1.62 | 5.44% | -19.02% |
GWW | 34.1B | 15.2B | 1.14% | 33.93% | 22.06 | 2.24 | 16.94% | 48.32% |
FAST | 29.9B | 7.0B | 2.17% | -7.39% | 27.49 | 4.28 | 16.13% | 17.50% |
URI | 27.0B | 11.6B | -17.23% | 2.52% | 12.82 | 2.32 | 19.82% | 51.88% |
| MID-CAP | ||||||||
ALLE | 9.0B | 3.3B | -9.00% | -7.31% | 19.64 | 2.75 | 14.11% | -5.18% |
WCC | 7.0B | 21.4B | -13.52% | 6.68% | 10.16 | 0.35 | 17.58% | 84.90% |
AL | 4.1B | 2.3B | -12.84% | -16.07% | -42.46 | 1.78 | 10.96% | -122.22% |
TRTN | 3.7B | 1.7B | -8.72% | -11.23% | 4.99 | 2.22 | 9.51% | 40.86% |
HRI | 3.2B | 2.7B | -22.55% | -34.88% | 9.62 | 1.16 | 32.11% | 47.21% |
FTAI | 2.5B | 708.4M | -5.76% | 21.60% | -11.79 | 3.53 | 111.10% | -62.22% |
| SMALL-CAP | ||||||||
HEES | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.7% | 11,642 | 11,122 | 10,667 | 10,183 | 9,716 |
| Cost Of Revenue | 3.0% | 6,646 | 6,453 | 6,261 | 6,052 | 5,863 |
| Gross Profit | 7.0% | 4,996 | 4,669 | 4,406 | 4,131 | 3,853 |
| S&GA Expenses | 4.2% | 1,400 | 1,344 | 1,314 | 1,272 | 1,199 |
| EBITDA | 8.6% | 3,572 | 3,290 | 3,048 | 2,805 | - |
| EBITDA Margin | 3.7% | 0.31* | 0.30* | 0.29* | 0.28* | - |
| Earnings Before Taxes | 9.8% | 2,802 | 2,551 | 2,285 | 2,054 | 1,846 |
| EBT Margin | 4.9% | 0.24* | 0.23* | 0.21* | 0.20* | - |
| Interest Expenses | 10.3% | 406 | 368 | 384 | 373 | 391 |
| Net Income | 8.1% | 2,105 | 1,947 | 1,750 | 1,550 | 1,386 |
| Net Income Margin | 3.3% | 0.18* | 0.18* | 0.16* | 0.15* | - |
| Free Cahsflow | 15.1% | 4,433 | 3,850 | 3,795 | 3,669 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 12.9% | 24,183 | 21,419 | 20,820 | 20,169 | 20,292 |
| Current Assets | 17.0% | 2,723 | 2,327 | 2,164 | 2,010 | 2,151 |
| Cash Equivalents | 39.5% | 106 | 76.00 | 68.00 | 101 | 144 |
| Inventory | 20.2% | 232 | 193 | 199 | 179 | 164 |
| Goodwill | 8.7% | 6,026 | 5,543 | 5,610 | 5,517 | 5,528 |
| Liabilities | 13.6% | 17,121 | 15,066 | 14,774 | 14,085 | 14,301 |
| Current Liabilities | 8.0% | 2,445 | 2,264 | 2,023 | 2,597 | 2,603 |
| Long Term Debt | 14.9% | 11,209 | 9,754 | 9,761 | 8,528 | 8,779 |
| Shareholder's Equity | 11.2% | 7,062 | 6,353 | 6,046 | 6,084 | 5,991 |
| Retained Earnings | 7.1% | 9,656 | 9,017 | 8,411 | 7,918 | 7,551 |
| Additional Paid-In Capital | 0.8% | 2,626 | 2,604 | 2,570 | 2,535 | 2,567 |
| Shares Outstanding | 0.1% | 69.00 | 69.00 | 70.00 | 72.00 | 72.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 15.1% | 4,433 | 3,850 | 3,795 | 3,817 | 3,689 |
| Share Based Compensation | 1.6% | 127 | 125 | 123 | 122 | 119 |
| Cashflow From Investing | -80.6% | -5,016 | -2,778 | -2,795 | -3,971 | -3,611 |
| Cashflow From Financing | 142.2% | 552 | -1,309 | -1,260 | -26.00 | -140 |
| Buy Backs | 0.8% | 1,068 | 1,059 | 821 | 322 | 34.00 |
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 ascending | Fund Name | Type | % 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% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
URI Alerts
United Rentals News
Schedule 13G FIlings of United Rentals
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 |
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
2022-12-31CONSOLIDATED 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 depreciation | 4,018 | 3,329 | 2,820 |
| Depreciation of rental equipment | 1,853 | 1,611 | 1,601 |
| Total cost of revenues | 6,646 | 5,863 | 5,347 |
| Gross profit | 4,996 | 3,853 | 3,183 |
| Selling, general and administrative expenses | 1,400 | 1,199 | 979 |
| Merger related costs | 0 | 3 | 0 |
| Restructuring charge | 0 | 2 | 17 |
| Non-rental depreciation and amortization | 364 | 372 | 387 |
| Operating income | 3,232 | 2,277 | 1,800 |
| Interest expense, net | 445 | 424 | 669 |
| Other (income) expense, net | (15) | 7 | (8) |
| Income before provision for income taxes | 2,802 | 1,846 | 1,139 |
| Provision for income taxes | 697 | 460 | 249 |
| 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: | |||
| Revenues | 965 | 968 | 858 |
| Cost of revenues: | |||
| Cost of goods and services sold | 399 | 537 | 526 |
| Sales of new equipment | |||
| Revenues: | |||
| Revenues | 154 | 203 | 247 |
| Cost of revenues: | |||
| Cost of goods and services sold | 124 | 169 | 214 |
| Contractor supplies sales | |||
| Revenues: | |||
| Revenues | 126 | 109 | 98 |
| Cost of revenues: | |||
| Cost of goods and services sold | 84 | 78 | 69 |
| Service and other revenues | |||
| Revenues: | |||
| Revenues | 281 | 229 | 187 |
| Cost of revenues: | |||
| Cost of goods and services sold | $ 168 | $ 139 | $ 117 |
URI Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $ 106 | $ 144 |
| Accounts receivable, net | 2,004 | 1,677 |
| Inventory | 232 | 164 |
| Prepaid expenses and other assets | 381 | 166 |
| Total current assets | 2,723 | 2,151 |
| Goodwill | 6,026 | 5,528 |
| Other intangible assets, net | 452 | 615 |
| Operating lease right-of-use assets | 819 | 784 |
| Other long-term assets | 47 | 42 |
| Total assets | 24,183 | 20,292 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Short-term debt and current maturities of long-term debt | 161 | 906 |
| Accounts payable | 1,139 | 816 |
| Accrued expenses and other liabilities | 1,145 | 881 |
| Total current liabilities | 2,445 | 2,603 |
| Long-term debt | 11,209 | 8,779 |
| Deferred taxes | 2,671 | 2,154 |
| Operating Lease, Liability, Noncurrent | 642 | 621 |
| Other long-term liabilities | 154 | 144 |
| Total liabilities | 17,121 | 14,301 |
| 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, 2021 | 1 | 1 |
| Additional paid-in capital | 2,626 | 2,567 |
| Retained earnings | 9,656 | 7,551 |
| 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’ equity | 7,062 | 5,991 |
| Total liabilities and stockholders’ equity | 24,183 | 20,292 |
| Sales of rental equipment | ||
| ASSETS | ||
| Property and equipment, net | 13,277 | 10,560 |
| Property and equipment, net | ||
| ASSETS | ||
| Property and equipment, net | $ 839 | $ 612 |