United Rentals, Inc.

United Rentals, Inc.

URIยทNYSE

$1.06K

+5.9%
IndustrialsRental & Leasing Services

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. The company operates a network of 1,360 rental locations in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

At a Glance

Live Snapshot
Market Cap$66.19B
EPS38.7100
P/E Ratio27.29
Earnings Date07/22/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 27.3).

Valuation inputs: P/E 27.3, earnings yield +3.7%, momentum +5.9%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +27.8%, ROIC +10.8%).

Profitability stack: net margin +15.5%, ROE +27.8%, ROIC +10.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +70.0%, momentum +5.9%, net margin +15.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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United Rentals, Inc. Market vs Earnings Trajectory

URI ยท NYSE

Loading price and EPS data...

United Rentals, Inc.

United Rentals, Inc. Fair Value Envelope

URI ยท NYSE

Our analysis suggests that URI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1056.58, this represents a potential HIDDEN relative to our calculated worth for United Rentals, Inc..

Intrinsic Value
Current Price: $1056.58
3Y+30.0%
5Y+216.0%
10Y+496.0%
3Y+38.0%
5Y+89.0%
10Y+179.0%
3Y+18.0%
5Y+180.0%
10Y+341.0%
3Y+17.0%
5Y+95.0%
10Y+166.0%
3Y-11.0%
5Y-56.0%
10Y+8.0%
3Y+23.0%
5Y+67.0%
10Y+149.0%
United Rentals, Inc.

United Rentals, Inc. Profit Bridge

URI ยท NYSE
Revenue16.10B
Cost of Goods Sold (10.39B)
Gross Profit5.71B
Operating Expenses (1.73B)
Operating Income3.97B
Interest Expense (716.00M)
Other Income/Expense-636.00M
Pretax Income3.34B
Income Tax (844.00M)
Net Income2.49B
Net Income
2.49B

Profitability Analysis

Gross Margin

35.4%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

24.7%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

15.5%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

25.3%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

35.44%
Gross Profit Margin
-5%
3Y-11.0%
5Y+7.0%
10Y-6.0%
24.68%
Operating Profit Margin
-7%
3Y-11.0%
5Y+14.0%
10Y-2.0%
15.49%
Net Profit Margin
-8%
3Y-14.0%
5Y+48.0%
10Y+58.0%
27.81%
Return on Equity
-7%
3Y-7.0%
5Y+42.0%
10Y-19.0%
8.35%
Return on Assets
-9%
3Y-4.0%
5Y+68.0%
10Y+77.0%
10.75%
Return on Invested Capital
-9%
3Y-2.0%
5Y+25.0%
10Y+35.0%
URI

United Rentals, Inc. Cash Conversion Engine

URI ยท NYSE
Net Income2.49B
Depreciation & Amortization3.11B
Stock-Based Compensation134.00M
Change in Working Capital-279.00M
Others-672.00M
Capital Expenditures-4.53B
Free Cash Flow662.00M

Cash Flow Quality Analysis

FCF Conversion Rate

26.5%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

87.2%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

+58.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$279.00M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.

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United Rentals, Inc. Funding & Solvency Profile

URI ยท NYSE
Cash & Cash Equivalents156.00M
Net Receivables2.56B
Inventory256.00M
Other Current Assets338.00M
Total Current Assets3 B
Property, Plant & Equipment2.52B
Goodwill & Intangible Assets7.83B
Long-Term Investments0.00
Other Non-Current Assets16.23B
Total Non-Current Assets19 B
Total Assets
29.89B

Financial Health Analysis

Current Ratio

0.80x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

2.33x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-816000000

Negative working capital indicates short-term liabilities exceed short-term assetsโ€”potential liquidity stress.

Asset Composition

11% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

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United Rentals, Inc. Street Expectations Map

URI ยท NYSE

Wall Street analysts project that URI stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 1.04K, with estimates ranging from a low of 715.00 to a high of 1.21K.

Lowest Target
715.00
-32.33%
Consensus Target
1.04K
-1.17%
Highest Target
1.21K
14.43%

The consensus 1-year price target stands at 1.04K, with estimates ranging from a low of 715.00 to a high of 1.21K.

Analyst Consensus Analysis

Upside Potential

-1.2%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

47.3% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

0.45x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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United Rentals, Inc. Insider Positioning

URI ยท NYSE

During the last 12 months, insiders have purchased $53K and sold $28.78M worth of URI shares, resulting in $28.73M of net selling activity.

3 Months

Bought

0

0.00

Sold

26.1K

25.63M

Net Activity

-25.6M

-$25.63M

3-6 Months

Bought

68

53.27K

Sold

4.0K

3.15M

Net Activity

-3.1M

-$3.10M

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
SS

Singh Shiv

Director

68 sharesโ€ข1 transactions

$53K

Top Sellers

1
FMJ

Flannery Matthew John

Director, Officer: President & Ceo

22.8K sharesโ€ข1 transactions

$22.43M

2
PCA

Pintoff Craig Adam

Officer: Evp, Chief Admin. Officer

2.5K sharesโ€ข1 transactions

$2.37M

3
DMD

Durand Michael D

Officer: Evp, Chief Operating Officer

2.5K sharesโ€ข1 transactions

$1.97M

4
GWE

Grace William E.

Officer: Evp, Cfo

1.5K sharesโ€ข1 transactions

$1.18M

5
LAB

Limoges Andrew B.

Officer: Vp, Controller

548 sharesโ€ข1 transactions

$536K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $28.73M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$25.63M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-
10Y-
ย 

uri Dividend History

URI
10Y CAGR +3%
Latest $1.97
Annual $9.31
5 year growth trend
Last Period: +0%