United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; surface protection mats; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. The company operates in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.
Market Dominance | Explore United Rentals' position as the world's largest equipment rental company, boasting a $51.5 billion market cap and a diverse portfolio of construction and industrial equipment |
Financial Performance | Delve into URI's recent financial results, including $15.6 billion in revenue and $4.5 billion EBITDA over the last twelve months, with analyst price targets ranging from $565 to $1,225 |
Strategic Expansion | Learn about URI's acquisition of H&E Equipment Services for $92 per share, expected to boost earnings and free cash flow within the first year post-closure |
Future Prospects | Uncover URI's potential for growth through market share gains, fleet scale advantages, and opportunities in specialty rentals, balanced against challenges in local account activity |
Metrics to compare | URI | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipURIPeersSector | |
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P/E Ratio | 23.2x | 20.3x | 12.7x | |
PEG Ratio | 11.30 | −1.03 | 0.03 | |
Price/Book | 6.5x | 3.8x | 1.4x | |
Price / LTM Sales | 3.7x | 1.8x | 1.2x | |
Upside (Analyst Target) | −0.1% | 26.1% | 14.9% | |
Fair Value Upside | Unlock | 11.6% | 5.4% | Unlock |