Stocktoria

UNITED RENTALS, INC. URI

NYSE · stock · Services-Equipment Rental & Leasing, NEC · website · IPO 1997-12-18 · LEI

UNITED RENTALS, INC. statistics & valuation

Market cap$67.0B
P / E26.9×
P / S4.2×
P / B7.5×
Dividend yield0.69%
Net margin15.5%
Return on equity27.8%
Net debt$13.8B
Net debt / EBITDA3.1×
Enterprise value USD$80.9B
EV / EBITDA18.3×
Earnings yield EBIT/EV4.9%
Return on capital15.3%
Graham number -69.2%$347.26

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($347.26); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.80% 20.30% 13.60% 12.60% 10.40% 14.30% 18.10% 16.90% 16.80% 15.50% 2016201720182019202020212022202320242025
Gross margin (%)
41.70% 41.70% 41.80% 39.20% 37.30% 39.70% 42.90% 40.60% 40.10% 38.20% 2016201720182019202020212022202320242025
Operating margin (%)
24.60% 22.70% 24.20% 23.00% 21.10% 23.40% 27.80% 26.70% 26.50% 24.70% 2016201720182019202020212022202320242025
Return on equity (%)
34.30% 43.30% 32.20% 30.70% 19.60% 23.10% 29.80% 29.80% 29.90% 27.80% 2016201720182019202020212022202320242025
Shares outstanding
87.8M 85.6M 83.5M 77.7M 72.9M 72.8M 71.0M 68.7M 66.6M 64.6M 2016201720182019202020212022202320242025
Net debt ($)
$7.53B $9.16B $11.79B $11.46B $9.55B $9.61B $11.34B $11.22B $13.02B $13.84B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
4.70% 9.00% 6.00% 6.20% 5.00% 6.80% 8.70% 9.50% 9.10% 8.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
32.10% 31.50% 33.20% 30.00% 28.90% 2016201720182019202020212022202320242025
Debt / equity (×)
4.76× 3.06× 3.48× 3.01× 2.15× 1.63× 1.62× 1.42× 1.56× 1.59× 2016201720182019202020212022202320242025
EPS ($)
$6.45 $15.73 $13.12 $15.11 $12.20 $19.04 $29.65 $35.28 $38.69 $38.61 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

UNITED RENTALS, INC. trades at about 29.2× earnings — above its 10-year norm (10-year range 9×–20.3×, median 17.7×).

9× 29.2×

Shaded band = 10-year range (9×–20.3×); dot = today's 29.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin38.2%40.1%40.6%42.9%39.7%37.3%39.2%41.8%41.7%41.7%
Operating margin24.7%26.5%26.7%27.8%23.4%21.1%23.0%24.2%22.7%24.6%
Net margin15.5%16.8%16.9%18.1%14.3%10.4%12.6%13.6%20.3%9.8%
FCF margin—————28.9%30.0%33.2%31.5%32.1%
Return on assets8.4%9.1%9.5%8.7%6.8%5.0%6.2%6.0%9.0%4.7%
Return on equity27.8%29.9%29.8%29.8%23.1%19.6%30.7%32.2%43.3%34.3%
Debt / equity1.59×1.56×1.42×1.62×1.63×2.15×3.01×3.48×3.06×4.76×
Current ratio0.940.980.811.110.831.070.840.831.061.15

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.