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United Rentals, Inc. (URI)

Industrials BalancedS&P 500

United Rentals is the world's largest equipment rental company, providing everything from excavators to generators for construction and industrial projects.

$989.12

Is United Rentals, Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Dominant market position as the largest player in the industry. Worth weighing: High sensitivity to economic cycles and construction activity.

No rating · no target price · nothing for sale here
Price+43.7%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range+32% past year
$989.12
Low $701.59High $1,179.18
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
21.9now
18.723.3

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
17.1%now
13.3%17.1%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does United Rentals, Inc. do?

Think of United Rentals as the ultimate tool shed for big business; instead of buying expensive machinery, construction firms and factories rent what they need from them. Keeping a massive fleet of equipment busy across thousands of job sites is what generates the takings. Their fortunes are tied to the health of the construction industry, so watch how much building and infrastructure work is actually happening.

On our factor screen it looks strongest on momentum and income, and weakest on value.

Quick checks
What's strong
  • Momentum screens high
What to watch

Does United Rentals, Inc. pay a dividend?

Yes - United Rentals, Inc. currently pays a dividend of about 0.7% a year, which is £6.90 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →

What do the numbers say about United Rentals, Inc.'s dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield0.7%£6.90 a year for every £1,000 invested. The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio18%about 18 in every 100 pounds of profit. The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover5.5×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

Most recent ex-dividend date: 13 May 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →

Does United Rentals, Inc. have more cash or more debt?

It holds about $112.00M in cash against about $15.38B of debt - so it has net debt of about $15.27B. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do United Rentals, Inc.'s numbers mean?

P/E
27.54
This shows how much you are paying for every pound of the company's annual profit; a higher number suggests investors expect strong future growth.
Around the middle of the 105 Industrials shares we cover
Return on equity
28.9%
This measures how efficiently the company uses the money shareholders have invested to generate profit, with a higher percentage being generally better.
Higher than most of the 116 Industrials shares we cover
Beta
1.8
This indicates how much the share price tends to swing compared to the wider market; a number above 1 means it is typically more volatile.
Net margin
15.7%
This is the slice of every pound of revenue that actually makes it to the bottom line as profit after all expenses are paid.
Higher than most of the 123 Industrials shares we cover

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into United Rentals, Inc.
$1,437+44%

Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has United Rentals, Inc. actually fallen?

−37%

Over the last 2 years of daily prices, United Rentals, Inc. fell as much as −37% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022+7%
2023+64%
2024+24%
2025+16%
2026 so far+42%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$71.18B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
507.56K
Day range: The lowest and highest price the shares traded at during the latest day.
$984.15 – $1,003.24
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$701.59 – $1,179.18
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
27.5
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.7%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.80

Does the share price tell you if it's cheap or expensive?

One share costs$989.12
Number of shares71.96 million
So the whole company is worth$71.18bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns United Rentals, Inc.?

Big institutions 97%Public & smaller investors 3%

About 97% of United Rentals, Inc., or about 97 in every 100 shares, is held by big institutions such as pension and index funds. The rest, roughly 3%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.80
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +10% past week · ▲ +32% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does United Rentals, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$1.10B$2.21B$3.31B$4.41BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
38.5%
Net margin
15.7%
Return on equity
28.9%

Where does each £100 of United Rentals, Inc.'s sales go?

Making the product or service £62Running costs, tax and interest £22Left as profit £16

A rough split of the latest full-year figures: of every £100 of sales, about £62 covers making the product or service, £22 goes on running costs, tax and interest, and about £16 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does United Rentals, Inc. report earnings, and how did recent quarters go?

United Rentals, Inc. is next scheduled to report on about 2026-10-21 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

United Rentals, Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-22$11.59$12.76Beat +10%
2026-04-22$8.94$9.71Beat +9%
2026-01-28$11.80$11.09Missed -6%
2025-10-22$12.29$11.70Missed -5%
2025-07-23$10.54$10.47In line
2025-04-23$8.81$8.86In line

Across the last 6 quarters here, United Rentals, Inc. came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for United Rentals, Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Increased demand for short-term equipment rentals due to a spike in local construction projects.
Base
-2% to +2%Steady demand consistent with current seasonal construction trends.
Bear
-5% to -10%A sudden slowdown in new building permits reducing the need for rented machinery.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Successful expansion into new industrial markets and increased market share dominance.

The bear case

A prolonged economic downturn leading to a significant drop in industrial and commercial construction.

What are the pros and cons of United Rentals, Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Dominant market position as the largest player in the industry
  • Strong ability to turn shareholder money into profit
  • Diverse customer base across construction and industrial sectors
The catch3
  • High sensitivity to economic cycles and construction activity
  • Share price tends to be more volatile than the broader market
  • Significant capital required to maintain and update a massive equipment fleet
Key risks3
  • A downturn in the construction industry would directly hit rental demand
  • Rising costs for new equipment and maintenance could squeeze profit margins
  • High reliance on debt to fund the purchase of new machinery
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained decline in national infrastructure spending
  • A shift in the industry where companies prefer to own rather than rent equipment

Common questions about United Rentals, Inc.

Does United Rentals, Inc. pay a dividend?

Yes - United Rentals, Inc. currently pays a dividend of about 0.7% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.

When does United Rentals, Inc. report earnings next?

United Rentals, Inc. is next scheduled to report results on about 2026-10-21. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.