Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of United Rentals, Inc.

URI · NYSE · Industrial

Fundamental quality

REASONABLE

71

out of 100

United Rentals, Inc. fits the profile of a quality compounder: it pairs high return on capital (ROE 28%) with wide margins (net margin 15.3%) and a business that keeps growing (13.2% a year). On fundamental quality it scores 71 out of 100, profiling it as a company of reasonable quality. Its weakest area is its financial strength (net debt 3.07× EBITDA). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

United Rentals is the world's largest equipment-rental company: excavators, lifts, generators and everything a job site needs without wanting to own it. Its structural thesis: contractors increasingly prefer renting, and scale rules this business.

What will shape its future

  • Construction and megaprojects (factories, infrastructure, energy), its direct demand.
  • Fleet discipline: buy machines well, use them hard, sell them smart.
  • Its deeply cyclical nature: in construction recessions, it suffers first.

Breakdown by area

I.Growth
82

EPS growth: 24.9% · Revenue growth: 13.2%

II.Profitability
79

Net margin: 15.3% · ROE: 28% · ROIC: 13.3%

III.Financial health
51

Net debt/EBITDA: 3.07x

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.

Versus its sector

Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 74%
ROEbeats 71%
Growthbeats 74%
Less debtbeats 25%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

United Rentals, Inc. strengths

  • Outstanding return on equity (ROE of 28%): it puts shareholder capital to good use.
  • Growing earnings per share (24.9% annualized).
  • Revenue growing (13.2% annualized).
  • High net margin (15.3%): the business is clearly profitable.

United Rentals, Inc. risks and weaknesses

  • Its net debt has grown over the period.

United Rentals, Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
20208,5308902,46110,257
20219,7161,38649110,516
202211,6422,10574311,502
202314,3322,42484012,684
202415,3452,57541614,193
202516,0992,49415,420

Between 2020 and 2025, revenue went from $8,530M to $16,099M (+89%) and net income went from $890M to $2,494M (+180%). Meanwhile, its margins have widened (from 10% to 15%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+7.2%
  • Net income+2.5%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$7.16

per share, yearly

18.6% of earnings

Payout

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is United Rentals, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is United Rentals, Inc. a good company to invest in?

In terms of business quality, United Rentals, Inc. scores 71 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is United Rentals, Inc. a profitable company?

Yes. United Rentals, Inc. shows a net margin of 15.3% and an ROE of 28%, a sign of a profitable business.

Does United Rentals, Inc. have a lot of debt?

Yes, its leverage is high: net debt is 3.07 times its EBITDA, and it has been rising.

Is United Rentals, Inc. growing?

Its revenue has grown 13.2% annualized in recent years and its earnings per share 24.9%, and without interruption since 2020.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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