United Rentals, Inc. (URI) Financial Statements
Industry: Equipment Rental & Leasing (Other) (Services)
In fiscal 2025, United Rentals reported revenue of $16.10B, up 4.9% from $15.35B the year before. Net income was $2.49B (a 15.5% net margin), or $38.61 per diluted share. Gross margin was 38.2% and operating margin was 24.7%. Operating activities generated $5.19B of cash. At fiscal year end, United Rentals held $29.87B in total assets against $20.90B in total liabilities, including $459.0M of cash and equivalents.
Open the full interactive United Rentals financials → Quarterly statements, key ratios, valuation history and price charts.
United Rentals Key Stats
| Share Price | $1,060.58 |
|---|---|
| Market Cap | $66.42B |
| P/E Ratio | 27.5 |
| Dividend Yield | 0.72% |
| Revenue YoY Growth | +4.9% |
| 52-Week Range | $707.78 – $1,164.82 |
| Shares Outstanding | 62.6 million (basic, 2026 Q2) |
United Rentals Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $8.53B | $9.72B | $11.64B | $14.33B | $15.35B | $16.10B |
| Gross Profit | $3.18B | $3.85B | $5.00B | $5.81B | $6.15B | $6.14B |
| Operating Income | $1.80B | $2.28B | $3.23B | $3.83B | $4.07B | $3.97B |
| Pre-Tax Income | $1.14B | $1.85B | $2.80B | $3.21B | $3.39B | $3.34B |
| Income Tax | $249.0M | $460.0M | $697.0M | $787.0M | $813.0M | $844.0M |
| Net Income | $890.0M | $1.39B | $2.10B | $2.42B | $2.58B | $2.49B |
| Diluted EPS | $12.20 | $19.04 | $29.65 | $35.28 | $38.69 | $38.61 |
United Rentals Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.23B | $4.21B | $3.98B | $4.41B |
| Net Income | $701.0M | $653.0M | $531.0M | $753.0M |
| Diluted EPS | $10.91 | $10.11 | $8.43 | $12.03 |
United Rentals Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $202.0M | $144.0M | $106.0M | $363.0M | $457.0M | $459.0M |
| Current Assets | $2.02B | $2.15B | $2.72B | $2.93B | $3.25B | $3.61B |
| Total Assets | $17.87B | $20.29B | $24.18B | $25.59B | $28.16B | $29.87B |
| Current Liabilities | $1.89B | $2.60B | $2.44B | $3.64B | $3.32B | $3.82B |
| Total Long-Term Debt | $8.98B | $8.78B | $11.21B | $10.05B | $12.23B | $12.65B |
| Total Liabilities | $13.32B | $14.30B | $17.12B | $17.46B | $19.54B | $20.90B |
| Shareholders' Equity | $4.54B | $5.99B | $7.06B | $8.13B | $8.62B | $8.97B |
United Rentals Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.66B | $3.69B | $4.43B | $4.70B | $4.55B | $5.19B |
| Cash From Investing | -$223.0M | -$3.61B | -$5.02B | -$2.98B | -$4.15B | -$3.37B |
| Cash From Financing | -$2.29B | -$140.0M | $552.0M | -$1.47B | -$274.0M | -$1.84B |
| Free Cash Flow | $2.46B | $491.0M | $743.0M | $840.0M | $416.0M | — |
| Dividends Paid | — | — | — | $406.0M | $434.0M | $464.0M |
Figures from United Rentals' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full United Rentals financials page for every line item.
United Rentals Company Profile
| Ticker | URI |
|---|---|
| Exchange | NYSE |
| Industry | Equipment Rental & Leasing (Other) (Services) |
| Headquarters | Stamford, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001067701 |
Frequently Asked Questions
What was United Rentals' revenue in fiscal 2025?
United Rentals (URI) reported revenue of $16.10B for fiscal 2025.
What is United Rentals' annual revenue history?
United Rentals' annual revenue by fiscal year: 2020: $8.53B; 2021: $9.72B; 2022: $11.64B; 2023: $14.33B; 2024: $15.35B; 2025: $16.10B.
What was United Rentals' net income in fiscal 2025?
United Rentals reported net income of $2.49B for fiscal 2025.
What was United Rentals' earnings per share (EPS) in fiscal 2025?
United Rentals' diluted EPS was $38.61 for fiscal 2025 (adjusted for any later stock splits).
What was United Rentals' revenue last quarter?
In its most recent reported quarter (2026 Q2), United Rentals reported revenue of $4.41B.
How much debt does United Rentals have?
United Rentals reported $12.65B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of United Rentals are outstanding?
United Rentals reported a weighted average of 62.6 million basic shares outstanding in 2026 Q2.
What is United Rentals' market cap?
Based on its latest closing price, United Rentals (URI) has a market capitalization of about $66.42B.
When does United Rentals' fiscal year end?
United Rentals' fiscal year end, as registered with the SEC, is December 31.
Where is United Rentals headquartered?
United Rentals lists its business address in Stamford, Connecticut in its SEC filings.