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United Rentals Inc (NYSE: URI) |
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Price: $789.0513
$-7.92 
-0.994%
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| Day's High:
| $801.13
| Week Perf:
| -8.13 %
|
| Day's Low: |
$ 796.40 |
30 Day Perf: |
-9.13 % |
| Volume (M): |
8 |
52 Wk High: |
$ 896.98 |
| Volume (M$): |
$ 6,372 |
52 Wk Avg: |
$702.83 |
| Open: |
$808.00 |
52 Wk Low: |
$504.65 |
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| Market Capitalization (Millions $) |
52,210 |
| Shares
Outstanding (Millions) |
66 |
| Employees |
18,900 |
| Revenues (TTM) (Millions $) |
14,978 |
| Net Income (TTM) (Millions $) |
2,565 |
| Cash Flow (TTM) (Millions $) |
195 |
| Capital Exp. (TTM) (Millions $) |
0 |
United Rentals Inc
United Rentals Inc is a leading equipment rental company in the United States, Canada, and Europe. The company provides various types of equipment such as aerial work platforms, earthmoving equipment, material handling equipment, trucks and trailers, and power and HVAC equipment. United Rentals serves a diverse range of customers including construction and industrial companies, utilities, municipalities, and homeowners.
The company was founded in 1997 and is headquartered in Stamford, Connecticut. It operates through a network of over 1,100 locations across North America and Europe. United Rentals has a workforce of approximately 18,000 employees who are dedicated to providing quality customer service.
United Rentals has a unique business strategy of providing a comprehensive range of equipment solutions to its customers. It not only rents equipment but also provides a range of other services, including equipment sales, safety training, and equipment maintenance and repair services. The company also has an extensive fleet of rental equipment, with over 600,000 units of equipment available for rent.
One of the key strengths of United Rentals is its focus on innovation, which is evident in the development of its online customer portal. The portal enables customers to search for equipment, make orders, manage their account, and track their equipment in real-time. This has enabled United Rentals to provide a seamless customer experience and stand out from its competitors.
The company has also been recognized for its commitment to sustainability. It has implemented various programs to reduce its carbon footprint, including creating eco-friendly construction sites and investing in alternative energy sources. These efforts have earned United Rentals several awards and recognitions for its environmental initiatives.
In terms of financial performance, United Rentals has been consistently profitable. Its revenue has increased year-on-year, with a revenue of $9.04 billion in 2020. The company has also been enhancing its financial flexibility through investment in technology and strategic acquisitions.
In summary, United Rentals Inc is a leading equipment rental company with a diverse range of equipment and services. Its focus on innovation, commitment to sustainability, and financial strength position the company as a leader in the equipment rental industry.
Company Address: 100 First Stamford Place Stamford 6902 CT
Company Phone Number: 622-3131 Stock Exchange / Ticker: NYSE URI
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| Stock Performances by Major Competitors |
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| Business Update
Published Tue, Dec 3 2024 1:31 AM UTC
In a noteworthy acknowledgment of its commitment to veterans, United Rentals, Inc. (NYSE: URI), the world?s largest equipment rental company, has been recognised with the prestigious 2024 HIRE Vets Medallion Platinum Award, as well as the 2025 Military Friendly Employer Gold distinction. This dual recognition highlights the company?s comprehensive efforts to recruit, employ,...
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| United Rentals Inc
# United Rentals Inc.: A Strong Performance Fuels Investor Confidence
In the ever-evolving marketplace of equipment rental services, few companies have seen their stock prices rise as significantly as United Rentals Inc. (NYSE: URI) in the past year. Over the last 12 months, United Rentals has consistently outperformed the market, attributing its success to an array of strategic advantages, financial acumen, and robust sector performance. The release of their financial results for the second quarter of 2024 serves to underline the pivotal factors behind this current trajectory.
Strong Financial Results
United Rentals showcased impressive financial health with a total revenue of $3.773 billion for the second quarter of 2024?reflecting a year-over-year increase of 6.16% from the previous year's $3.55 billion. Notably, rental revenue alone accounted for $3.215 billion, highlighting the strength of their core business operations. In conjunction with revenue growth, net income also saw an increase of 7.61%, reaching $636 million with an accompanying net margin of 16.86%.
The company reported a GAAP diluted earnings per share (EPS) of $9.54, a substantial improvement from the $8.58 recorded in the same period a year prior, indicating an 11.19% uptick. With an adjusted EPS of $10.70, United Rentals is not only enhancing its bottom line but also boosting investor confidence. Such robust financial figures bolster the company?s narrative both in the market and among its stakeholders.
Outperformance Relative to Competitors
As emphasized in a benchmarking analysis published in mid-July 2024, United Rentals has not only performed well on its own terms but has also managed to outshine its peers in the specialty equipment distribution sector. This comparison likely cultivated a positive sentiment among investors, as they realized that United Rentals' strong metrics placed it favorably against other companies. In times of uncertainty, investors tend to favor leaders in their respective fields, which explains the recent surge in United Rentals' stock price, reflecting a 2.27% increase this month.
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| Stocks on the Move
Published Fri, Jul 19 2024 7:07 PM UTC
Word Count: 683United Rentals Inc, the world s largest equipment rental company, has experienced a significant surge in its shares this month, outperforming the market with a 2.27% performance increase. This positive trend is driven by a combination of factors, as highlighted in recent articles discussing the company. By exploring these articles, we can gain valuable insight...
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| Stocks on the Move
Published Sat, Jul 13 2024 2:43 PM UTC
In recent days, United Rentals Inc (NYSE: URI), a leading provider of equipment rental services, has experienced a significant sell-off in its shares. This comes in the midst of various events, including the NASCAR Xfinity Series at the Chicago Street Course, a wrongful death lawsuit related to a street race setup, and fluctuating performance in the options market. As we del...
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| Stocks on the Move
Published Fri, Jun 28 2024 9:48 AM UTC
United Rentals Inc, one of the leading companies in the Services sector, has garnered significant attention in recent weeks. In this article, we will delve into the findings of top financial institutions, such as Citigroup and J.P. Morgan, and explore the company s current market performance, dividend payout ratio, and notable events. Despite trailing the overall market perf...
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| Per Share |
Current |
| Earnings (TTM) |
38.33 $ |
| Revenues (TTM) |
226.36 $
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| Cash Flow (TTM) |
2.95 $ |
| Cash |
7.24 $
|
| Book Value |
129.68 $
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| Dividend (TTM) |
6.35 $ |
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| Per Share |
|
| Earnings (TTM) |
38.33 $
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| Revenues (TTM) |
226.36 $ |
| Cash Flow (TTM) |
2.95 $ |
| Cash |
7.24 $
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| Book Value |
129.68 $ |
| Dividend (TTM) |
6.35 $ |
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| Equipment rentals |
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 86.75 % |
of total Revenue |
| Owned equipment rentals |
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70.24 % |
of total Revenue |
| Re-rent revenue |
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1.78 % |
of total Revenue |
| Delivery and pick-up |
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7.44 % |
of total Revenue |
| Other |
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7.29 % |
of total Revenue |
| Total ancillary and other rental revenues |
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14.73 % |
of total Revenue |
| Sales of rental equipment |
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8.04 % |
of total Revenue |
| Sales of new equipment |
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1.93 % |
of total Revenue |
| Contractor supplies sales |
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0.95 % |
of total Revenue |
| Service and other revenues |
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2.33 % |
of total Revenue |
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On July 24 2024 the United Rentals Inc provided following guidance
nnUnited Rentals, Inc. Reports Record Financial Performance for Second Quarter 2024 and Reaffirms 2024 Guidancenn
nnSTAMFORD, Conn.nn ? United Rentals, Inc. (NYSE: URI) has released its financial results for the second quarter of 2024, showcasing exceptional performance and reaffirming its mid-point guidance for the year. The company has also refined its projections for both revenue and adjusted EBITDA, although specific numerical targets have not been disclosed.
In the announcement, United Rentals highlighted several key financial metrics for the second quarter of 2024:
- Total revenue reached an impressive nn$3.773 billionnn, driven primarily by rental revenue, which constituted nn$3.2...
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