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United Rentals Inc (URI)

Fair Value
IndustrialsRental & Leasing ServicesUnited States

Fundamental

67

Price

$1000.78

Market Cap

$64.98B

Part 1 · What the company is worth

Overview

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company in the United States, Canada, Europe, Australia, and New Zealand. It operates through two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, including 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 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; surface protection mats; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. The company 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. It sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$6.95B

Trailing 12 months (through 3/31/2026)

Net Income

$2.51B

Trailing 12 months (through 3/31/2026)

Free Cash Flow

-

Total Equity

$8.97B

Total Liabilities

$20.90B

Current Ratio

0.80

Interest Coverage

-

Debt/EBITDA

3.40

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$1112.42

Current Price

$1000.78

Margin of Safety

+10.0%

Fair Value Range

$723.07 - $1501.76

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$1269.33
Discounted cash flow (DCF):$1135.24
Earnings multiple (P/E):$787.69
Graham growth formula:$2140.02
Earnings power value (EPV):$362.85
Justified P/B:$335.26
Dividend discount (Gordon):$70.41
P/FFO, funds from operations:$748.84
Mid-cycle earnings:$591.49
Revenue multiple:$764.29
Analyst Consensus:Buy (21B / 5H / 1S)
Last Earnings Surprise:+9.58%

Valuation Metrics

P/E Ratio

25.53

ROE

27.8%

P/B Ratio

6.99

P/FCF

-

Gross Margin

90.1%

ROIC

12.4%

Profitability Radar

Value Creation (Economic Moat)

ROIC

12.4%

WACC

11.9%

ROIC − WACC

+0.4 pp

ROIC is roughly in line with the cost of capital — the company is barely covering its capital cost.

Fundamental Analysis Criteria

Passed (15)

  • EPS shows upward trend
  • Price CAGR 25.08%
  • ROIC 12.4%
  • Gross Margin 90.1%
  • Debt/Equity ratio
  • Operating Margin 58.1%
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 29.2%
  • Revenue Growth 5Y 13.6%
  • Analyst Consensus 78% Buy
  • PEG Ratio 0.96
  • Earnings Quality (OCF/NI) 2.11
  • Share Dilution -2.9%

Failed (7)

  • P/B Ratio 6.99
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Earnings Surprise avg 1.1%
  • Net Margin Trend 36.1% vs 37.9%
  • Piotroski F-Score 4/9

Unavailable (5)

  • P/FCF NaN
  • Dividend Payout NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • Interest Coverage

Piotroski F-Score

4/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

2.11

High quality: earnings backed by cash

Share Dilution

-2.9%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Matthew J. FlanneryPresident, CEO & Director60
Mr. William Edward GraceExecutive VP & CFO53
Mr. Michael D. DurandExecutive VP & COO51
Mr. Craig Adam Pintoff J.D.Executive VP & Chief Administrative Officer55
Ms. Joli L. Gross J.D.Senior VP, Corporate Secretary and Chief Legal & Sustainability Officer54
Mr. Andrew B. LimogesVP, Controller & Principal Accounting Officer43
Mr. Anthony S. LeopoldSenior VP and Chief Technology & Strategy Officer48
Ms. Elizabeth Carolyn GrenfellVice President of Investor Relations-
Mr. Robert N. HalseyVice President of Marketing-
Mr. Chris A. BurlogSenior Vice President of Operations Central Division-

Audit Risk

5

Board Risk

4

Compensation Risk

1

Shareholder Rights Risk

2

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-01-28

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-07-22

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-09-08

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for URI, sourced from Markets Gazette.

  • 6/12/2026POSITIVE
    Here's How Much $1000 Invested In United Rentals 20 Years Ago Would Be Worth Today

    An initial investment of $1000 in United Rentals Inc. (URI) twenty years ago would have grown to approximately $120,000 today, reflecting a remarkable compound annual growth rate of over 25%. This substantial appreciation is attributed to the company's strategic expansion in the equipment rental market, robust demand from construction and industrial sectors, and effective operational management. For investors, this performance underscores United Rentals' consistent ability to generate significant shareholder value through market leadership and strategic execution, making it a standout performer in its industry.

  • 6/11/2026POSITIVE
    Here's How Much $100 Invested In United Rentals 20 Years Ago Would Be Worth Today

    An investment of $100 in United Rentals Inc. (URI) twenty years ago would have grown to approximately $10,000 today, representing a remarkable 100x return. This significant appreciation underscores the company's robust growth and market leadership in the equipment rental sector over the past two decades. Investors who held URI stock would have benefited from strong operational performance, strategic acquisitions, and favorable industry trends, making it a standout performer in the industrial sector.

  • 5/20/2026NEUTRAL
    Here's How Much You Would Have Made Owning United Rentals Stock In The Last 15 Years

    Analysis of United Rentals Inc. (URI) stock performance over the past 15 years reveals a significant upward trend, indicating substantial returns for long-term investors. While specific financial figures from this period are not detailed in the provided snippet, the article's premise suggests consistent growth and positive market reception for the company. This historical performance data is crucial for investors evaluating the stock's potential for future capital appreciation and its role within the industrial equipment rental sector.

  • 3/2/2026POSITIVE
    If You Invested $100 In United Rentals Stock 20 Years Ago, You Would Have This Much Today

    A retrospective analysis highlights the remarkable performance of United Rentals Inc. (URI) over the past two decades. An initial investment of $100 in the company's stock 20 years ago would have yielded a significant return, demonstrating robust growth and long-term shareholder value creation. This data underscores United Rentals' ability to capitalize on equipment rental demand, solidifying its market leadership. For investors, this historical performance can serve as an indicator of the company's resilience and future growth potential, bolstering confidence in its business model and strategic management.

via Markets Gazette