United Rentals, Inc. (URI) stock
URINYSEServices-Equipment Rental & Leasing, NECFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026Score 12/3071% above fair value
$1170.05−28.63 (-2.39%)
Close on Oct 30, 2026Market cap $72.83BP/E 28.1Yield 0.61%
Earnings
United Rentals's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
Jan 27, 2027
Q4 FY2026 · estimated, after the close
Revenue, Q3 FY2026
$4.89B
+15.7% on a year earlier
adjusted EPS, Q3 FY2026
$15.55
$11.70 a year earlier
Latest guidance
Issued
Oct 21, 2026 · 5 items
Quarterly results
Revenue and earnings per share from each of United Rentals's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Jan 27, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 21, 2026after the close | $4.89B | +15.7% | $14.77 | $15.55 | Release |
| Q2 FY2026ended Jun 30, 2026 | Jul 22, 2026after the close | $4.41B | +11.8% | $12.03 | $12.76 | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 22, 2026after the close | $3.99B | +7.2% | $8.43 | $9.71 | Release |
| Q4 FY2025ended Dec 31, 2025 | Jan 28, 2026after the close | $4.21B | +2.8% | $10.27 | $11.09 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 22, 2025after the close | $4.23B | +5.9% | $10.91 | $11.70 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 23, 2025after the close | $3.94B | +4.5% | $9.59 | $10.47 | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 23, 2025after the close | $3.72B | +6.7% | $7.91 | $8.86 | Release |
| Q4 FY2024ended Dec 31, 2024 | Jan 29, 2025after the close | $4.10B | +9.8% | $10.47 | $11.59 | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 23, 2024after the close | $3.99B | +6.0% | $10.70 | $11.80 | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 24, 2024after the close | $3.77B | +6.2% | $9.54 | $10.70 | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 24, 2024after the close | $3.49B | +6.1% | $8.04 | $9.15 | Release |
| Q4 FY2023ended Dec 31, 2023 | Jan 24, 2024after the close | $3.73B | +13.1% | $10.01 | $11.26 | Release |
| Q3 FY2023ended Sep 30, 2023 | Oct 25, 2023after the close | $3.77B | +23.4% | $10.29 | $11.73 | Release |
| Q2 FY2023ended Jun 30, 2023 | Jul 26, 2023after the close | $3.55B | +28.3% | $8.58 | $9.88 | Release |
| Q1 FY2023ended Mar 31, 2023 | Apr 26, 2023after the close | $3.29B | +30.2% | $6.47 | $7.95 | Release |
| Q4 FY2022ended Dec 31, 2022 | Jan 25, 2023after the close | $3.30B | +18.7% | $9.15 | $9.74 | Release |
| Q3 FY2022ended Sep 30, 2022 | Oct 26, 2022after the close | $3.05B | +17.5% | $8.66 | $9.27 | Release |
| Q2 FY2022ended Jun 30, 2022 | Jul 27, 2022after the close | $2.77B | – | $6.90 | $7.86 | Release |
| Q1 FY2022ended Mar 31, 2022 | Apr 27, 2022after the close | $2.52B | – | $5.05 | $5.73 | Release |
| Q4 FY2021ended Dec 31, 2021 | Jan 26, 2022after the close | $2.78B | – | $6.61 | $7.39 | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 27, 2021after the close | $2.60B | – | $5.63 | $6.58 | Release |
| Q2 FY2021ended Jun 30, 2021 | Jul 28, 2021after the close | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | Apr 28, 2021after the close | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Jan 27, 2021after the close | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Oct 28, 2020after the close | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
United Rentals's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Total revenueGAAP | FY2026 | $18.00B – $18.20B | – | New | Oct 21, 2026 |
| Total revenueGAAP | FY2026 | $17.50B – $17.80B | – | New | Jul 22, 2026 |
| Total revenue | FY2026 | $16.90B – $17.40B | $16.80B – $17.30B | Raised | Apr 22, 2026 |
| Adjusted EBITDAnon-GAAP | FY2026 | $8.30B – $8.40B | – | New | Oct 21, 2026 |
| Adjusted EBITDAnon-GAAP | FY2026 | $7.98B – $8.13B | $7.63B – $7.88B | Raised | Jul 22, 2026 |
| Free cash flow excluding restructuring related paymentsnon-GAAP | FY2026 | $2.15B – $2.45B | – | New | Oct 21, 2026 |
| Free cash flow excluding restructuring related paymentsnon-GAAP | FY2026 | $2.15B – $2.45B | $2.15B – $2.45B | Reaffirmed | Jul 22, 2026 |
| Net rental capital expenditures after gross purchases | FY2026 | $3.75B – $4.05B | – | New | Oct 21, 2026 |
| Net rental capital expenditures after gross purchasesnon-GAAP | FY2026 | $3.40B – $3.80B | – | New | Jul 22, 2026 |
| Net rental capital expenditures after gross purchases | FY2026 | $2.95B – $3.35B | $2.85B – $3.25B | Raised | Apr 22, 2026 |
| Net cash provided by operating activitiesGAAP | FY2026 | $6.25B – $6.85B | – | New | Oct 21, 2026 |
| Net cash provided by operating activitiesGAAP | FY2026 | $5.85B – $6.65B | $5.40B – $6.20B | Raised | Jul 22, 2026 |
Guidance vs results
The last range United Rentals gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2025 | Revenue | $16.00B – $16.20B | $16.10BΣ4Q | Within range |
Guidance history
Every forecast United Rentals put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 21, 2026 | Net rental capital expenditures after gross purchases | FY2026 | $3.75B – $4.05B | New |
| Oct 21, 2026 | Adjusted EBITDA | FY2026 | $8.30B – $8.40B | New |
| Oct 21, 2026 | Free cash flow excluding restructuring related payments | FY2026 | $2.15B – $2.45B | New |
| Oct 21, 2026 | Net cash provided by operating activities | FY2026 | $6.25B – $6.85B | New |
| Oct 21, 2026 | Total revenue | FY2026 | $18.00B – $18.20B | New |
| Jul 22, 2026 | Net rental capital expenditures after gross purchases | FY2026 | $3.40B – $3.80B | New |
| Jul 22, 2026 | Adjusted EBITDA | FY2026 | $7.98B – $8.13B | Raised |
| Jul 22, 2026 | Free cash flow excluding restructuring related payments | FY2026 | $2.15B – $2.45B | Reaffirmed |
| Jul 22, 2026 | Net cash provided by operating activities | FY2026 | $5.85B – $6.65B | Raised |
| Jul 22, 2026 | Total revenue | FY2026 | $17.50B – $17.80B | New |
| Apr 22, 2026 | Net rental capital expenditures after gross purchases | FY2026 | $2.95B – $3.35B | Raised |
| Apr 22, 2026 | Adjusted EBITDA | FY2026 | $7.63B – $7.88B | Raised |
| Apr 22, 2026 | Free cash flow excluding restructuring related payments | FY2026 | $2.15B – $2.45B | Reaffirmed |
| Apr 22, 2026 | Net cash provided by operating activities | FY2026 | $5.40B – $6.20B | Raised |
| Apr 22, 2026 | Total revenue | FY2026 | $16.90B – $17.40B | Raised |
| Jan 28, 2026 | Net rental capital expenditures after gross purchases | FY2026 | $2.85B – $3.25B | New |
| Jan 28, 2026 | Adjusted EBITDA 7 | FY2026 | $7.58B – $7.83B | New |
| Jan 28, 2026 | Free cash flow excluding merger and restructuring related payments 8 | FY2026 | $2.15B – $2.45B | New |
| Jan 28, 2026 | Net cash provided by operating activities | FY2026 | $5.30B – $6.10B | New |
| Jan 28, 2026 | Total revenue | FY2026 | $16.80B – $17.30B | New |
| Oct 22, 2025 | Net rental capital expenditures after gross purchases | FY2025 | $2.55B – $2.75B | Raised |
| Oct 22, 2025 | gross purchases | FY2025 | $4.00B – $4.20B | Raised |
| Oct 22, 2025 | Adjusted EBITDA | FY2025 | $7.33B – $7.43B | Narrowed |
| Oct 22, 2025 | Free cash flow excluding merger and restructuring related payments | FY2025 | $2.10B – $2.30B | Lowered |
| Oct 22, 2025 | Net cash provided by operating activities | FY2025 | $5.00B – $5.40B | Narrowed |
| Oct 22, 2025 | Total revenue | FY2025 | $16.00B – $16.20B | Raised |
| Jul 23, 2025 | Net rental capital expenditures after gross purchases | FY2025 | $2.20B – $2.50B | New |
| Jul 23, 2025 | Adjusted EBITDA | FY2025 | $7.30B – $7.45B | New |
| Jul 23, 2025 | Free cash flow excluding merger and restructuring related payments | FY2025 | $2.40B – $2.60B | New |
| Jul 23, 2025 | Net cash provided by operating activities | FY2025 | $4.90B – $5.50B | New |
| Jul 23, 2025 | Total revenue | FY2025 | $15.80B – $16.10B | New |
| Apr 23, 2025 | Net rental capital expenditures after gross purchases | FY2025 | $2.20B – $2.50B | Reaffirmed |
| Apr 23, 2025 | gross purchases | FY2025 | $3.65B – $3.95B | Raised |
| Apr 23, 2025 | Adjusted EBITDA | FY2025 | $7.20B – $7.45B | Reaffirmed |
| Apr 23, 2025 | Free cash flow excluding merger and restructuring related payments | FY2025 | $2.00B – $2.20B | Reaffirmed |
| Apr 23, 2025 | Net cash provided by operating activities | FY2025 | $4.50B – $5.10B | Reaffirmed |
| Apr 23, 2025 | Total revenue | FY2025 | $15.60B – $16.10B | Reaffirmed |
| Jan 29, 2025 | Net rental capital expenditures after gross purchases | FY2025 | $2.20B – $2.50B | New |
| Jan 29, 2025 | Adjusted EBITDA | FY2025 | $7.20B – $7.45B | New |
| Jan 29, 2025 | Free cash flow excluding merger and restructuring related payments | FY2025 | $2.00B – $2.20B | New |
| Jan 29, 2025 | Net cash provided by operating activities | FY2025 | $4.50B – $5.10B | New |
| Jan 29, 2025 | Total revenue | FY2025 | $15.60B – $16.10B | New |
| Oct 23, 2024 | Net rental capital expenditures after gross purchases | FY2024 | $2.05B – $2.25B | Narrowed |
| Oct 23, 2024 | Adjusted EBITDA | FY2024 | $7.12B – $7.22B | Narrowed |
| Oct 23, 2024 | Free cash flow excluding merger and restructuring related payments | FY2024 | $2.05B – $2.25B | Reaffirmed |
| Oct 23, 2024 | Net cash provided by operating activities | FY2024 | $4.40B – $4.80B | Narrowed |
| Oct 23, 2024 | Total revenue | FY2024 | $15.10B – $15.30B | New |
| Jul 24, 2024 | Net rental capital expenditures after gross purchases | FY2024 | $2.00B – $2.30B | Raised |
| Jul 24, 2024 | Adjusted EBITDA | FY2024 | $7.09B – $7.24B | Narrowed |
| Jul 24, 2024 | Free cash flow excluding merger and restructuring related payments | FY2024 | $2.05B – $2.25B | Reaffirmed |
| Jul 24, 2024 | Net cash provided by operating activities | FY2024 | $4.30B – $4.90B | Reaffirmed |
| Jul 24, 2024 | Total revenue | FY2024 | $15.05B – $15.35B | Narrowed |
| Apr 24, 2024 | Net rental capital expenditures after gross purchases | FY2024 | $2.00B – $2.30B | New |
| Apr 24, 2024 | Adjusted EBITDA | FY2024 | $7.04B – $7.29B | Raised |
| Apr 24, 2024 | Free cash flow excluding merger and restructuring related payments | FY2024 | $2.05B – $2.25B | Raised |
| Apr 24, 2024 | Net cash provided by operating activities | FY2024 | $4.30B – $4.90B | Raised |
| Apr 24, 2024 | Total revenue | FY2024 | $14.95B – $15.45B | Raised |
| Jan 24, 2024 | Net rental capital expenditures after gross purchases | FY2024 | $1.90B – $2.20B | New |
| Jan 24, 2024 | Adjusted EBITDA | FY2024 | $6.90B – $7.15B | New |
| Jan 24, 2024 | Free cash flow excluding merger and restructuring related payments | FY2024 | $2.00B – $2.20B | New |
| Jan 24, 2024 | Net cash provided by operating activities | FY2024 | $4.15B – $4.75B | New |
| Jan 24, 2024 | Total revenue | FY2024 | $14.65B – $15.15B | New |
| Oct 25, 2023 | Net rental capital expenditures after gross purchases | FY2023 | $1.90B – $2.05B | Lowered |
| Oct 25, 2023 | Adjusted EBITDA | FY2023 | $6.78B – $6.88B | Narrowed |
| Oct 25, 2023 | Free cash flow (excluding merger and restructuring related payments) | FY2023 | $2.30B – $2.50B | Reaffirmed |
| Oct 25, 2023 | Net cash provided by operating activities | FY2023 | $4.50B – $4.80B | Reaffirmed |
| Oct 25, 2023 | Total revenue | FY2023 | $14.10B – $14.30B | Raised |
| Jul 26, 2023 | Net rental capital expenditures after gross purchases | FY2023 | $1.90B – $2.10B | Lowered |
| Jul 26, 2023 | Adjusted EBITDA | FY2023 | $6.75B – $6.90B | Raised |
| Jul 26, 2023 | Free cash flow (excluding merger and restructuring related payments) | FY2023 | $2.30B – $2.50B | Raised |
| Jul 26, 2023 | Net cash provided by operating activities | FY2023 | $4.50B – $4.80B | Raised |
| Jul 26, 2023 | Total revenue | FY2023 | $14.00B – $14.30B | Raised |
| Apr 26, 2023 | Net rental capital expenditures after gross purchases | FY2023 | $2.00B – $2.25B | New |
| Apr 26, 2023 | Adjusted EBITDA | FY2023 | $6.60B – $6.85B | Reaffirmed |
| Apr 26, 2023 | Free cash flow (excluding merger and restructuring related payments) | FY2023 | $2.10B – $2.35B | Reaffirmed |
| Apr 26, 2023 | Net cash provided by operating activities | FY2023 | $4.40B – $4.80B | Reaffirmed |
| Apr 26, 2023 | Total revenue | FY2023 | $13.70B – $14.20B | Reaffirmed |
| Jan 25, 2023 | Net rental capital expenditures after gross purchases | FY2023 | $2.00B – $2.25B | New |
| Jan 25, 2023 | Adjusted EBITDA 7 | FY2023 | $6.60B – $6.85B | New |
| Jan 25, 2023 | Free cash flow (excluding merger and restructuring related payments, which were $4 million in 2022) | FY2023 | $2.10B – $2.35B | New |
| Jan 25, 2023 | Net cash provided by operating activities | FY2023 | $4.40B – $4.80B | New |
| Jan 25, 2023 | Total revenue | FY2023 | $13.70B – $14.20B | New |
| Oct 26, 2022 | Net rental capital expenditures after gross purchases | FY2022 | $2.25B – $2.45B | Raised |
| Oct 26, 2022 | Adjusted EBITDA | FY2022 | $5.50B – $5.60B | Raised |
| Oct 26, 2022 | Free cash flow (excluding the impact of merger and restructuring related payments) | FY2022 | $1.60B – $1.80B | Lowered |
| Oct 26, 2022 | Net cash provided by operating activities | FY2022 | $4.05B – $4.40B | Raised |
| Oct 26, 2022 | Total revenue | FY2022 | $11.50B – $11.70B | Raised |
| Jul 27, 2022 | Net rental capital expenditures after gross purchases | FY2022 | $1.85B – $2.05B | Reaffirmed |
| Jul 27, 2022 | Adjusted EBITDA | FY2022 | $5.40B – $5.55B | Raised |
| Jul 27, 2022 | Free cash flow (excluding the impact of merger and restructuring related payments) | FY2022 | $1.85B – $2.05B | Raised |
| Jul 27, 2022 | Net cash provided by operating activities | FY2022 | $3.85B – $4.25B | Raised |
| Jul 27, 2022 | Total revenue | FY2022 | $11.40B – $11.70B | Raised |
| Apr 27, 2022 | Net rental capital expenditures after gross purchases | FY2022 | $1.85B – $2.05B | Reaffirmed |
| Apr 27, 2022 | Adjusted EBITDA | FY2022 | $5.20B – $5.40B | Raised |
| Apr 27, 2022 | Free cash flow (excluding the impact of merger and restructuring related payments) | FY2022 | $1.70B – $1.90B | Raised |
| Apr 27, 2022 | Net cash provided by operating activities | FY2022 | $3.70B – $4.10B | Raised |
| Apr 27, 2022 | Total revenue | FY2022 | $11.10B – $11.50B | Raised |
| Jan 26, 2022 | Net rental capital expenditures after gross purchases | FY2022 | $1.85B – $2.05B | New |
| Jan 26, 2022 | Adjusted EBITDA | FY2022 | $4.95B – $5.15B | New |
| Jan 26, 2022 | Free cash flow (excluding merger and restructuring related payments, such payments were $13 million in 2021) | FY2022 | $1.50B – $1.70B | New |
| Jan 26, 2022 | Net cash provided by operating activities | FY2022 | $3.50B – $3.90B | New |
| Jan 26, 2022 | Total revenue | FY2022 | $10.65B – $11.05B | New |
| Oct 27, 2021 | Net rental capital expenditures after gross purchases | FY2021 | $1.75B – $1.95B | New |
| Oct 27, 2021 | Adjusted EBITDA | FY2021 | $4.33B – $4.40B | New |
| Oct 27, 2021 | Free cash flow (excluding the impact of merger and restructuring related payments) | FY2021 | $1.45B – $1.65B | New |
| Oct 27, 2021 | Net cash provided by operating activities | FY2021 | $3.38B – $3.73B | New |
| Oct 27, 2021 | Total revenue | FY2021 | $9.60B – $9.75B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases United Rentals filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Results
- Update
- Update
- Results
- Update
- Results
- Results
- Results
- Update
- Update
- Results
- Update