United Rentals (URI) financial statements
- FY2025 revenue
- $16.1B▲ +4.9%
- FY2025 net income
- $2.5B▼ −3.1%
- FY2025 diluted EPS
- $38.61▼ −0.2%
United Rentals income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 16,099 | 15,345 | 14,332 |
| Gross profit | 6,144 | 6,150 | 5,813 |
| Operating income | 3,973 | 4,065 | 3,827 |
| Pretax income | 3,338 | 3,388 | 3,211 |
| Net income | 2,494 | 2,575 | 2,424 |
| Diluted earnings per share | 38.61 | 38.69 | 35.28 |
United Rentals balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 459 | 457 | 363 |
| Total assets | 29,866 | 28,163 | 25,589 |
| Total liabilities | 20,898 | 19,541 | 17,459 |
| Total equity | 8,968 | 8,622 | 8,130 |
| Long-term debt | 12,652 | 12,228 | 10,053 |
United Rentals cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 5,190 | 4,546 | 4,704 |
| Capital expenditure | n/a | -4,130 | -3,864 |
| Free cash flow (derived) | n/a | 416 | 840 |
| Dividends paid | -464 | -434 | -406 |
| Share repurchases | -1,969 | -1,571 | -1,070 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 31 Mar 2026 | 31 Dec 2025 | 30 Sep 2025 |
| Revenue | 4,893 | 3,985 | 4,208 | 4,229 |
| Operating income | 1,409 | 869 | 1,052 | 1,114 |
| Net income | 920 | 531 | 653 | 701 |
| Diluted earnings per share | 14.77 | 8.43 | 10.27 | 10.91 |
| Operating cash flow (derived) | n/a | 1,514 | 1,256 | 1,181 |
| Total assets | 32,785 | 29,888 | 29,866 | 30,065 |
United Rentals major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 7.5% | 4,720,155 | 30 April 2026 |
United Rentals 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 29 October 2026 | 8-K | Current report | FORM 8-K |
| 21 October 2026 | 8-K | Current report | Current report |
| 21 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 8 September 2026 | 8-K | Current report | Current report |
| 22 July 2026 | 8-K | Current report | Current report |
| 22 July 2026 | 10-Q | Quarterly report | Quarterly report |
| 18 June 2026 | 8-K | Current report | FORM 8-K |
| 8 May 2026 | 8-K | Current report | Current report |
Common questions
What was United Rentals' revenue in fiscal 2025?
United Rentals reported $16.1 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 4.9% from fiscal 2024.
What was United Rentals' net income in fiscal 2025?
United Rentals reported net income of $2.5 billion for fiscal 2025, the year ended 31 December 2025, down 3.1% from fiscal 2024. Diluted earnings per share were $38.61.
What were United Rentals' total assets at the end of fiscal 2025?
United Rentals reported total assets of $29.9 billion at the end of fiscal 2025, the year ended 31 December 2025.
Who reported holding 5% or more of United Rentals?
Vanguard Capital Management reported holding 7.5% of a class of United Rentals shares in a filing dated 30 April 2026.
How much United Rentals history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
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