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Companies / Industrials / United Rentals
URI

United Rentals

IndustrialsBusiness Services & SoftwareS&P 500
Ticker URISTAMFORD, CTFiscal year ends DecemberBook value per share $154.77Diluted shares 62.6M

United Rentals, Inc. (NYSE: URI) rents construction and industrial equipment and provides related services to customers across the United States and Canada, with a smaller presence in Europe, Australia and New Zealand. Its customers range from large corporations to small businesses and homeowners, including… From the company’s description.

In fiscal 2025, United Rentals reported revenue of $16.10B, up 4.9% from fiscal 2024, and net income of $2.49B. Its operating margin was 24.7%, and operations generated $5.19B in cash. Over the twelve months to Sep 30, 2026, revenue was $17.50B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$16.10BFY2025
+4.9% year over year
Last 12 mo $17.50B
24.68%FY2025
−1.8 percentage points
Last 12 mo 25.54%
$2.49BFY2025
−3.1% year over year
Last 12 mo $2.86B
27.82%FY2025
−2.1 percentage points
Last 12 mo 29.47%
Cash & financing
$5.19BFY2025
+14.2% year over year
Last 12 mo $6.19B
$662.00MFY2025
+58.0% year over year
Last 12 mo $892.00M
1.59FY2025
Was 1.55× a year earlier
Last 12 mo 1.51
64.6MFY2025
−2.9% year over year
Last 12 mo 62.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What United Rentals does

In the company’s own words

United Rentals, Inc. (NYSE: URI) rents construction and industrial equipment and provides related services to customers across the United States and Canada, with a smaller presence in Europe, Australia and New Zealand. Its customers range from large corporations to small businesses and homeowners, including construction and industrial companies, manufacturers, utilities and municipalities. The company reports two segments: general rentals, which includes construction, aerial and industrial equipment, general tools and related services, and specialty, which rents trench safety, power and HVAC, fluid solutions, mobile storage, modular office and surface protection products, with setup and other services. United Rentals also sells used and new equipment, contractor supplies, parts and repair and maintenance services. Its fleet includes approximately 1.1 million equipment units, and it operates 1,768 rental locations. Revenue was $16.1 billion for fiscal 2025. The company was incorporated in 1997 and expanded its specialty business through acquisitions, including Yak in 2024; its customer-facing Total Control® software helps key customers monitor and manage equipment needs. Its website is www.unitedrentals.com.

Company details
Sector
Industrials
Industry (SIC)
Business Services & Software
Headquarters
STAMFORD, CT
Fiscal year end
December
CIK
1067701
SIC
7359

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.75B$3.50B$8.75B$14.00B$19.25B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns United Rentals — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

873
funds hold it
1 of 35
superinvestors hold it
$25.17B
held by funds, at market
37.7%
of shares held by funds
9
bond issues held by funds

Superinvestors in United Rentals · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · United Rentals’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.10%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.11%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.69%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.11%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

United Rentals’s bonds, as funds hold them

Funds report holding 9 issues of United Rentals’s debt, $2.61B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.99%, maturing 2027 to 2034.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do United Rentals and its peers compare on margins and cash generation over ten years?”
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