URI earnings
United Rentals Inc. (URI) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- United Rentals Announces Strong First Quarter Results and Raises Full-Year 2026 GuidanceUnited Rentals, Inc. (NYSE:URI) today announced financial results for the first quarter of 2026, including record first quarter total revenue, rental revenue1, earnings per share ("EPS") and adjusted EBITDA2, and raised its 2026 full-year guidance. First Quarter 2026 Highlights Total revenue of $3.985 billion, including rental revenue of $3.419 billion. Net income of $531 million, at a margin3 of 13.3%, which reflects a year-over-year increase of 20 basis points excluding the 2025 impact of the H&E merger termination benefit4 discussed below. GAAP diluted EPS of $8.43, and adjusted EPS2 of $9.71. Adjusted EBITDA of $1.759 billion, at a margin3 of 44.1%, which reflects a year-over
- United Rentals, Inc. First Quarter 2026 Conference Call and Audio Webcast Thursday, April 23, 2026 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its first quarter 2026 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 23, 2026 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-420-1271 (international: 785-424-1634). The replay number for the call is 402-220-2981. The passcode for both the conference call and the replay is 15052. The company's first quarter 2026 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 22,
- United Rentals Announces Fourth Quarter and Full-Year1 2025 Results, Introduces 2026 Outlook for Growth, and Announces Plan to Return Approximately $2 Billion to Shareholders in 2026 Supported by New $5 Billion Share Repurchase ProgramUnited Rentals, Inc. (NYSE:URI) today announced financial results for the fourth quarter of 2025 and reported its full-year results on Form 10-K. The company also announced its full-year 2026 guidance, its intention to repurchase $1.5 billion of common stock in 2026, supported by a new $5 billion share repurchase program, and a 10% increase to its quarterly dividend. Fourth Quarter and Full-Year 2025 Highlights Total revenue for the quarter of $4.208 billion, including rental revenue2 of $3.581 billion. Net income for the quarter of $653 million, at a margin3 of 15.5%. GAAP diluted earnings per share of $10.27, and adjusted EPS4 of $11.09. Adjusted EBITDA4 for the quarter of $1.9
- United Rentals, Inc. Fourth Quarter and Full Year 2025 Conference Call and Audio Webcast Thursday, January 29, 2026 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its fourth quarter and full year 2025 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 29, 2026 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-420-1271 (international: 785-424-1634). The replay number for the call is 402-220-0686. The passcode for both the conference call and the replay is 63077. The company's fourth quarter and full year 2025 press release will be issued and available at unitedrentals.com after the mark
- United Rentals Announces Strong Third Quarter 2025 Results and Raises Full-Year Guidance for Revenue and Capital Spending Supported by Strong Customer DemandUnited Rentals, Inc. (NYSE:URI) today announced financial results for the third quarter of 2025, and raised its 2025 full-year guidance for total revenue and capital spending driven by strong customer demand. Third Quarter 2025 Highlights Total revenue of $4.229 billion, including rental revenue1 of $3.665 billion. Net income of $701 million, at a margin2 of 16.6%. GAAP diluted earnings per share of $10.91, and adjusted EPS3 of $11.70. Adjusted EBITDA3 of $1.946 billion, at a margin2 of 46.0%. Year-over-year, fleet productivity4 increased 2.0%. Year-to-date net cash provided by operating activities of $3.934 billion; free cash flow3 of $1.192 billion, including gross paymen
- United Rentals, Inc. Third Quarter 2025 Conference Call and Audio Webcast Thursday, October 23, 2025 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its third quarter 2025 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, October 23, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-451-7724 (international: 785-424-1116). The replay number for the call is 402-220-0402. The passcode for both the conference call and the replay is 70118. The company's third quarter 2025 press release will be issued and available at unitedrentals.com after the market close on Wednesday, October
- United Rentals Announces Second Quarter 2025 Results, Raises Full-Year Guidance, and Increases Planned 2025 Share Repurchases by $400 Million to $1.9 BillionUnited Rentals, Inc. (NYSE:URI) today announced financial results for the second quarter of 2025, raised its 2025 full-year guidance for total revenue, adjusted EBITDA1, net cash provided by operating activities and free cash flow1, and increased its planned share repurchases in 2025 by $400 million to $1.9 billion. Second Quarter 2025 Highlights Total revenue of $3.943 billion, including rental revenue2 of $3.415 billion. Net income of $622 million, at a margin3 of 15.8%. GAAP diluted earnings per share of $9.59, and adjusted EPS1 of $10.47. Adjusted EBITDA of $1.810 billion, at a margin3 of 45.9%. Year-over-year, fleet productivity4 increased 3.3%. Year-to-date net cash p
- United Rentals, Inc. Second Quarter 2025 Conference Call and Audio Webcast Thursday, July 24, 2025 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its second quarter 2025 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, July 24, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-579-2568 (international: 785-424-1222). The replay number for the call is 402-220-6053. The passcode for both the conference call and the replay is 72612. The company's second quarter 2025 press release will be issued and available at unitedrentals.com after the market close on Wednesday, July 23,
- United Rentals Announces First Quarter 2025 Results, Reaffirms Full-Year Guidance, and Introduces New $1.5 Billion Share Repurchase ProgramUnited Rentals, Inc. (NYSE:URI) today announced financial results for the first quarter of 2025, reaffirmed its 2025 full-year guidance and announced that its Board of Directors has approved a new $1.5 billion share repurchase program. First Quarter 2025 Highlights1 Total revenue of $3.719 billion, including rental revenue2 of $3.145 billion. Net income of $518 million, at a margin3 of 13.9%. GAAP diluted earnings per share of $7.91, and adjusted EPS4 of $8.86. Adjusted EBITDA4 of $1.671 billion, at a margin3 of 44.9%. Year-over-year, fleet productivity5 increased 3.1% as reported and 1.9% on a pro forma5 basis. Net cash provided by operating activities of $1.425 billion; free ca
- United Rentals, Inc. First Quarter 2025 Conference Call and Audio Webcast Thursday, April 24, 2025 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its first quarter 2025 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 24, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-451-7724 (international: 785-424-1116). The replay number for the call is 402-220-2695. The passcode for both the conference call and the replay is 81314. The company's first quarter 2025 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 23, 2
- Herc Holdings and H&E Equipment Services Enter into Definitive Merger AgreementAcquisition Scales Herc's Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation Transaction Terms Same as Proposal Previously Announced on February 18, 2025 H&E Terminates Agreement with United Rentals Herc Holdings Inc. (NYSE:HRI) ("Herc" or "the Company"), one of North America's leading equipment rental suppliers, and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ:HEES) ("H&E") today announced that H&E has terminated its prior merger agreement with United Rentals, Inc. (NYSE:URI) and that Herc and H&E have entered into a definitive merger agreement under which Herc will acquire H&E. As previously announced on February 18, 2025, under
- Herc Holdings Confirms Superior Proposal to Acquire H&E Equipment ServicesH&E Deems Herc's $104.89 Per Share Cash and Stock Proposal Superior to United Rentals Transaction Herc Proposal Provides Immediate, Significant Premium for H&E and Substantial Upside Value Creation Opportunity for Both Herc and H&E Shareholders Herc and H&E Combination Expected to Generate Approximately $300 Million of Run Rate EBITDA Opportunities Acquisition Substantially Scales Herc's Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation Expected to be High Single Digit Accretive to Herc's Cash EPS in 2026 and Ramping to Greater than 20% as Synergies are Fully Realized Expected to Generate ROIC in Excess of Cost of Capital Within Three Yea
- United Rentals Announces Record Fourth Quarter and Full-Year 2024 Results, Introduces 2025 Outlook for Growth and Announces 10% Increase to Quarterly DividendUnited Rentals, Inc. (NYSE:URI) today announced financial results for the fourth quarter of 2024 and reported its full-year1 results on Form 10-K. The company also announced its full-year 2025 guidance and that its Board of Directors has approved a 10% increase to the company's quarterly dividend. Fourth Quarter 2024 Highlights Total revenue of $4.095 billion, including rental revenue2 of $3.422 billion. Net income of $689 million, at a margin3 of 16.8%. GAAP diluted earnings per share of $10.47, and adjusted EPS4 of $11.59. Adjusted EBITDA4 of $1.900 billion, at a margin3 of 46.4%. Year-over-year, fleet productivity5 increased 4.3%. Excluding the impact of the Yak6 acquisitio
- United Rentals, Inc. Fourth Quarter and Full Year 2024 Conference Call and Audio Webcast Thursday, January 30, 2025 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its fourth quarter and full year 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 30, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-343-1703 (international: 785-424-1226). The replay number for the call is 402-220-7225. The passcode for the conference call is 53167 and the replay passcode is 39460. The company's fourth quarter and full year 2024 press release will be issued and available at unitedrentals.com a
- United Rentals to Acquire H&E Equipment Services, Inc.$4.8 billion transaction will expand capacity in strategic U.S. markets and provides attractive risk-adjusted returns United Rentals, Inc. (NYSE:URI) ("United Rentals" or "the company") and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ:HEES) ("H&E") today announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt. Founded in 1961, H&E provides its customers with a comprehensive mix of high-quality general rental fleet including aerial work platforms, earthmoving equipment, material handling equipment, a
- United Rentals Announces Record Third Quarter Results and Reaffirms Mid-Points of 2024 GuidanceUnited Rentals, Inc. (NYSE:URI) today announced financial results for the third quarter of 2024 and reaffirmed, at mid-point, its 2024 outlook, while narrowing the outlook ranges for revenue, adjusted EBITDA1, rental capital expenditures and net cash provided by operating activities. Third Quarter 2024 Highlights Total revenue of $3.992 billion, including rental revenue2 of $3.463 billion. Net income of $708 million, at a margin3 of 17.7%. GAAP diluted earnings per share of $10.70, and adjusted EPS1 of $11.80. Adjusted EBITDA of $1.904 billion, at a margin3 of 47.7%. Year-over-year, fleet productivity4 increased 3.5%. Excluding the impact of the Yak5 acquisition, fleet productivity
- United Rentals, Inc. Third Quarter 2024 Conference Call and Audio Webcast Thursday, October 24, 2024 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its third quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, October 24, 2024 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-451-7724 (international: 785-424-1226). The replay number for the call is 402-220-6073. The passcode for both the conference call and replay is 67939. The company's third quarter 2024 press release will be issued and available at unitedrentals.com after the market close on Wednesday, October 23, 2
- United Rentals Announces Record Second Quarter Results and Reaffirms Mid-Points of 2024 GuidanceUnited Rentals, Inc. (NYSE:URI) today announced financial results for the second quarter of 2024 and reaffirmed, at mid-point, its 2024 outlook, while narrowing the outlook ranges for revenue and adjusted EBITDA1. Second Quarter 2024 Highlights Total revenue of $3.773 billion, including rental revenue2 of $3.215 billion. Net income of $636 million, at a margin3 of 16.9%. GAAP diluted earnings per share of $9.54, and adjusted EPS1 of $10.70. Adjusted EBITDA of $1.769 billion, at a margin3 of 46.9%. Year-over-year, fleet productivity4 increased 4.6%. Excluding the impact of the Yak5 acquisition, fleet productivity increased 3.0% year-over-year. Year-to-date net cash provided
- United Rentals, Inc. Second Quarter 2024 Conference Call and Audio Webcast Thursday, July 25, 2024 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its second quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, July 25, 2024 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-343-1703 (international: 785-424-1116). The replay number for the call is 402-220-2669. The passcode for both the conference call and replay is 19463. The company's second quarter 2024 press release will be issued and available at unitedrentals.com after the market close on Wednesday, July 24, 202
- United Rentals Announces Record First Quarter Results and Raises 2024 Guidance to Reflect the Acquisition of YakUnited Rentals, Inc. (NYSE:URI) today announced financial results for the first quarter of 2024 and raised its full-year 2024 guidance to include the expected financial contribution from the company's acquisition of Yak1 on March 15, 2024. First Quarter 2024 Highlights Total revenue of $3.485 billion, including rental revenue2 of $2.929 billion. Net income of $542 million, at a margin3 of 15.6%. GAAP diluted earnings per share of $8.04, and adjusted EPS4 of $9.15. Adjusted EBITDA4 of $1.587 billion, at a margin3 of 45.5%. Year-over-year, fleet productivity5 increased 4.0%. Net cash provided by operating activities of $1.029 billion; free cash flow4 of $869 million, includin
- United Rentals, Inc. First Quarter 2024 Conference Call and Audio Webcast Thursday, April 25, 2024 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its first quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 25, 2024 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-451-7724 (international: 785-424-1226). The replay number for the call is 402-220-6054. The passcode for both the conference call and replay is 24462. The company's first quarter 2024 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 24, 202
- United Rentals Announces Record Fourth Quarter and Full-Year1 2023 Results, Introduces 2024 Outlook and Enhanced Capital Allocation Strategy, Including a Reduced Leverage Target, $1.5 Billion of Share Repurchases and 10% Increase to DividendUnited Rentals, Inc. (NYSE:URI) today announced financial results for the fourth quarter of 2023 and reported its full-year results on Form 10-K. The company also announced its full-year 2024 guidance and an enhanced capital allocation strategy focused on balancing growth and returns to drive shareholder value that includes a lower targeted full-cycle leverage range, its intention to repurchase $1.5 billion of common stock in 2024 and a 10% increase in its dividend per share. Fourth Quarter 2023 Highlights Total revenue of $3.728 billion, including rental revenue2 of $3.119 billion. Net income of $679 million, at a margin3 of 18.2%. GAAP diluted earnings per share of $10.01, and adj
- United Rentals, Inc. Fourth Quarter and Full Year 2023 Conference Call and Audio Webcast Thursday, January 25, 2024 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its fourth quarter and full year 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 25, 2024 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-420-1271 (international: 785-424-1222). The replay number for the call is 402-220-2689. The passcode for both the conference call and replay is 80065. The company's fourth quarter and full year 2023 press release will be issued and available at unitedrentals.com after the market c
- United Rentals Announces Record Third Quarter Results and Reaffirms Its Full-Year 2023 GuidanceUnited Rentals, Inc. (NYSE:URI) today announced financial results for the third quarter of 2023 and reaffirmed its full-year 2023 guidance. Third Quarter 2023 Highlights Total revenue of $3.765 billion, including rental revenue1 of $3.224 billion. Net income of $703 million, at a margin2 of 18.7%. GAAP diluted earnings per share of $10.29, and adjusted EPS3 of $11.73. Adjusted EBITDA3 of $1.850 billion, at a margin2 of 49.1%. Year-over-year, fleet productivity4 decreased 2.2% as reported and increased 1.5% on a pro forma4 basis. Year-to-date net cash provided by operating activities of $3.290 billion; free cash flow3 of $1.157 billion, including gross rental capital spendin
- United Rentals, Inc. Third Quarter 2023 Conference Call and Audio Webcast Thursday, October 26, 2023 at 8:30 a.m. (ET)United Rentals, Inc. (NYSE:URI) will hold its third quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, October 26, 2023 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-420-1271 (international: 785-424-1222). The replay number for the call is 402-220-2572. The passcode for both the conference call and replay is 70041. The company's third quarter 2023 press release will be issued and available at unitedrentals.com after the market close on Wednesday, October 25,
- United Rentals Announces Record Second Quarter Results and Raises Its Full-Year 2023 GuidanceUnited Rentals, Inc. (NYSE:URI) today announced financial results for the second quarter of 2023 and raised its full-year 2023 guidance. Second Quarter 2023 Highlights Total revenue of $3.554 billion, including rental revenue1 of $2.981 billion. Net income of $591 million, at a margin2 of 16.6%. GAAP diluted earnings per share of $8.58, and adjusted EPS3 of $9.88. Adjusted EBITDA3 of $1.695 billion, at a margin2 of 47.7%. Year-over-year, fleet productivity4 decreased 2.0% as reported and increased 2.1% on a pro forma4 basis. Year-to-date net cash provided by operating activities of $2.228 billion; free cash flow3 of $818 million, including gross rental capital spending of $
- United Rentals, Inc. Second Quarter 2023 Conference Call and Audio WebcastThursday, July 27, 2023 at 11:00 a.m. (ET) Dial-in numbers: Domestic: 800-451-7724 International: 785-424-1226 Passcode: 67803 United Rentals, Inc. (NYSE:URI) will hold its second quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, July 27, 2023 at 11:00 a.m. Eastern Time. The company's second quarter 2023 press release will be issued and available at unitedrentals.com after the market close on Wednesday, July 26, 2023. The conference call will also be available by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. In addition, a replay is accessible for two weeks fo
- United Rentals Announces Record First Quarter Results and Reaffirms Its Full-Year 2023 GuidanceUnited Rentals, Inc. (NYSE:URI) today announced financial results for the first quarter of 2023 and reaffirmed its full-year 2023 guidance. First Quarter 2023 Highlights Total revenue of $3.285 billion, including rental revenue1 of $2.740 billion. Year-over-year, fleet productivity2 increased 2.0% as reported and 5.9% on a pro forma2 basis. Net income of $451 million, at a margin3 of 13.7%. GAAP diluted earnings per share of $6.47, and adjusted EPS4 of $7.95. Adjusted EBITDA4 of $1.503 billion, at a margin3 of 45.8%. Net cash provided by operating activities of $939 million; free cash flow4 of $478 million, including gross rental capital spending of $797 million. Returne
- United Rentals, Inc. First Quarter 2023 Conference Call and Audio WebcastThursday, April 27, 2023 at 11:00 a.m. (ET) Dial-in numbers: Domestic: 800-343-1703; International: 785-424-1226 Passcode: 26408 United Rentals, Inc. (NYSE:URI) will hold its first quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 27, 2023 at 11:00 a.m. Eastern Time. The company's first quarter 2023 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 26, 2023. The conference call will also be available by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. In addition, a replay is accessible for two weeks
- United Rentals Announces Record Fourth Quarter and Full-Year1 2022 Results, Introduces 2023 Outlook, Dividend Program and Restart of Share Repurchase ProgramUnited Rentals, Inc. (NYSE:URI) today announced financial results for the fourth quarter of 2022 and reported its full-year results on Form 10-K. The company also announced its full-year 2023 guidance, the initiation of a quarterly dividend of $1.48 per share, equating to an initial annualized yield of approximately 1.5%, and its plan to restart its share repurchase program, with the intent to buyback $1.0 billion of common stock in 2023. Fourth Quarter 2022 Highlights Total revenue of $3.296 billion, including rental revenue2 of $2.747 billion. Fleet productivity3 increased 5.9% year-over-year, including the impact of the acquisition of Ahern Rentals, Inc. ("Ahern Rentals") in the qua
- United Rentals, Inc. Fourth Quarter and Full Year 2022 Conference Call and Audio WebcastThursday, January 26, 2023 at 11:00 a.m. (ET) Dial-in numbers: Domestic: 800-343-1703; International: 785-424-1226 Passcode: 34187 United Rentals, Inc. (NYSE:URI) will hold its fourth quarter and full year 2022 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 26, 2023 at 11:00 a.m. Eastern Time. The company's fourth quarter and full year 2022 press release will be issued and available at unitedrentals.com after the market close on Wednesday, January 25, 2023. The conference call will also be available by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. In addition, a repl
- United Rentals to Acquire Ahern Rentals for $2 BillionCombination will add significant capacity of branches, fleet and expertise to serve customers in strategic U.S. geographies United Rentals, Inc. (NYSE:URI) today announced that the company has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The board of directors of United Rentals unanimously approved the agreement. The transaction is expected to close prior to year-end 2022, subject to customary conditions. Founded in 1953, Ahern Rentals is the eighth largest equipment rental company in North America, with approximately 2,100 employees and 106 locations in 30 states serving approximately 44,000 customer
- United Rentals Announces Record Third Quarter ResultsRaises 2022 Guidance for Revenue, Adjusted EBITDA1 and Capital Spending, Announces New $1.25 Billion Share Repurchase Program United Rentals, Inc. (NYSE:URI) today announced financial results for the third quarter of 2022 and raised its full-year guidance for total revenue, adjusted EBITDA, and gross and net rental capital spending. Third Quarter 2022 Highlights Total revenue of $3.051 billion, including rental revenue2 of $2.732 billion. Fleet productivity3 increased 8.9% year-over-year. Net income of $606 million, at a margin4 of 19.9%. GAAP diluted earnings per share of $8.66, and adjusted EPS1 of $9.27. Adjusted EBITDA of $1.521 billion, at a margin4 of 49.9%. Year-to-date n
- Third Quarter 2022 Conference Call and Audio WebcastThursday, October 27, 2022 at 11:00 a.m. (ET) Dial-in numbers: Domestic: 800-343-1703 ; International: 203-518-9859 Passcode: 37954 United Rentals, Inc. (NYSE:URI) will hold its third quarter 2022 conference call with Matt Flannery, chief executive officer, and Ted Grace, interim chief financial officer, on Thursday, October 27, 2022 at 11:00 a.m. Eastern Time. The company's third quarter 2022 press release will be issued and available at unitedrentals.com after the market close on Wednesday, October 26, 2022. The conference call will also be available by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. In addition, a replay is accessible for
- United Rentals Announces Record Second Quarter Results and Raises 2022 Guidance for Revenue, Adjusted EBITDA1 and Cash Flows2United Rentals, Inc. (NYSE:URI) today announced financial results for the second quarter of 2022 and raised its full-year guidance for total revenue, adjusted EBITDA, net cash provided by operating activities and free cash flow.2 Second Quarter 2022 Highlights Total revenue of $2.771 billion, including rental revenue3 of $2.462 billion. Fleet productivity4 increased 11.3% year-over-year. Net income of $493 million, at a margin5 of 17.8%. GAAP diluted earnings per share of $6.90, and adjusted EPS1 of $7.86. GAAP and adjusted EPS both include $0.55 of one-time tax benefits. Adjusted EBITDA of $1.311 billion, at a margin5 of 47.3%. Year-to-date net cash provided by operating activit
- United Rentals, Inc. Second Quarter 2022 Conference Call and Audio WebcastThursday, July 28, 2022 at 11:00 a.m. (ET) Dial-in numbers: Domestic: 800-459-5343; International: 203-518-9553 Passcode: 19728 United Rentals, Inc. (NYSE:URI) will hold its second quarter 2022 conference call with Matt Flannery, chief executive officer, and Jessica Graziano, chief financial officer, on Thursday, July 28, 2022 at 11:00 a.m. Eastern Time. The company's second quarter 2022 press release will be issued and available at unitedrentals.com after the market close on Wednesday, July 27, 2022. The conference call will also be available by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. In addition, a replay may be accessed for two wee
- United Rentals Announces Record First Quarter Results and Raises 2022 Guidance for Revenue, Adjusted EBITDA and Both Operating and Free Cash FlowUnited Rentals, Inc. (NYSE:URI) today announced financial results for the first quarter of 2022 and raised its full-year guidance for total revenue, adjusted EBITDA1, net cash provided by operating activities and free cash flow2. First Quarter 2022 Highlights Total revenue of $2.524 billion, including rental revenue3 of $2.175 billion. Fleet productivity4 increased 13.0% year-over-year. Net income of $367 million, at a margin1 of 14.5%. GAAP diluted earnings per share of $5.05, and adjusted EPS1 of $5.73. Adjusted EBITDA of $1.139 billion, at a margin1 of 45.1%. $886 million of net cash provided by operating activities; free cash flow of $572 million, including gross rental capit
- United Rentals, Inc. First Quarter 2022 Conference Call and Audio WebcastThursday, April 28, 2022 at 11:00 a.m. (ET) Dial-in numbers: Domestic: 800-869-7402 ; International: 785-830-1999 Passcode: 19728 United Rentals, Inc. (NYSE:URI) will hold its first quarter 2022 conference call with Matt Flannery, chief executive officer, and Jessica Graziano, chief financial officer, on Thursday, April 28, 2022 at 11:00 a.m. Eastern Time. The company's first quarter 2022 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 27, 2022. The conference call will also be available by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. In addition, a replay may be accessed for two w
- United Rentals Announces Record Fourth Quarter Results, Introduces 2022 Outlook and Announces New $1 Billion Share Repurchase ProgramUnited Rentals, Inc. (NYSE:URI) today announced financial results for the fourth quarter 2021 and reported its full year results on Form 10-K1. The company also announced a new $1 billion share repurchase program. Fourth Quarter 2021 Highlights Total revenue of $2.776 billion, including rental revenue2 of $2.312 billion. Fleet productivity3 increased 10.3% year-over-year. Net income of $481 million, at a margin4 of 17.3%. GAAP diluted earnings per share of $6.61, and adjusted EPS4 of $7.39. Adjusted EBITDA4 of $1.309 billion, at a margin4 of 47.2%. Full year net cash from operating activities of $3.689 billion; free cash flow5 of $1.514 billion, including gross rental capital spe
- United Rentals, Inc. Fourth Quarter and Full Year 2021 Conference Call and Audio WebcastThursday, January 27, 2022 at 11:00 a.m. (ET) Dial-in numbers: Domestic: 855-458-4217; International: 574-990-3618 United Rentals, Inc. (NYSE:URI) will hold its fourth quarter and full year 2021 conference call with Matt Flannery, chief executive officer, and Jessica Graziano, chief financial officer, on Thursday, January 27, 2022 at 11:00 a.m. Eastern Time. The company's fourth quarter and full year 2021 press release will be issued and available at unitedrentals.com after the market close on Wednesday, January 26, 2022. The conference call will also be available by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. In addition, a replay may be
- United Rentals Announces Third Quarter 2021 Results and Raises Full-Year GuidanceUnited Rentals, Inc. (NYSE:URI) today announced financial results for the third quarter of 2021. As further described below, the company raised its full-year 2021 guidance for total revenue and adjusted EBITDA. The company also raised its full-year guidance for net rental capital expenditures after gross purchases and, to a lesser extent, for net cash provided by operating expenses, which resulted in a reduction in its free cash flow guidance (excluding the impact of merger and restructuring related payments). Third Quarter 2021 Highlights Total revenue of $2.596 billion, including rental revenue1 of $2.277 billion. Fleet productivity2 increased 13.5% year-over-year. Net income of $4
- United Rentals, Inc. Third Quarter 2021 Conference Call and Audio WebcastThursday, October 28, 2021 at 11:00 a.m. (ET) Dial-in numbers: Domestic: 855-458-4217; International: 574-990-3618 United Rentals, Inc. (NYSE:URI) will hold its third quarter 2021 conference call with Matt Flannery, chief executive officer, and Jessica Graziano, chief financial officer, on Thursday, October 28, 2021 at 11:00 a.m. Eastern Time. The company's third quarter 2021 press release will be issued and available at unitedrentals.com after the market close on Wednesday, October 27, 2021. The conference call will also be available by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. In addition, a replay may be accessed for two weeks followi
- United Rentals Announces Second Quarter 2021 Results and Raises 2021 GuidanceUnited Rentals, Inc. (NYSE:URI) today announced financial results for the second quarter of 2021 and raised its full-year 2021 guidance. Second Quarter 2021 Highlights Total revenue of $2.287 billion, including rental revenue1 of $1.951 billion. Fleet productivity2 increased 17.8% year-over-year; fleet productivity improved by over 1,800 basis points sequentially, driven primarily by better fleet absorption. Net income of $293 million, implying a net income margin3 of 12.8%. GAAP diluted earnings per share of $4.02, and adjusted EPS3 of $4.66, including approximately $0.13 of one-time costs related to acquisitions. Adjusted EBITDA3 of $999 million, implying an adjusted EBITDA marg