URI

United Rentals

Industrials Rental & Leasing Services NYSE

About the company

United Rentals, founded in 1997, has solidified its position as the world's largest equipment rental company. With a strong presence in the United States and Canada, the company has captured around 17% of the highly fragmented market. Its dominance in the industry can be attributed to its focus on three key end markets: general industrial, commercial construction, and residential construction. Initially, United Rentals catered to customers needing intermittent use equipment like aerial equipment and portable generators. However, as the company expanded both organically and through numerous acquisitions over the years, its fleet has grown substantially. In fact, the fleet size now stands at an impressive $19.6 billion, showcasing the company's diverse offerings. What sets United Rentals apart from its competitors is its ability to offer specialty equipment and other items for extended rental periods. This is a significant advantage for customers who require specific equipment for a longer duration, such as large-scale construction projects or industrial operations. United Rentals has strategically adapted to the evolving needs of its customers by continuously expanding its catalog to meet their diverse requirements. Through its extensive fleet, United Rentals provides an expansive range of equipment across various industries. From heavy machinery like excavators, bulldozers, and loaders to specialized equipment such as earthmoving, material handling, and power generation tools, the company has built a comprehensive inventory to serve its customers effectively. Their offerings extend beyond just equipment, with the addition of complementary services like equipment management, safety training, and expert advice. United Rentals leverages its extensive network of rental locations and a well-established distribution system to ensure prompt and efficient delivery of equipment to its customers. This allows them to cater to a wide range of customers, including contractors, industrial companies, municipalities, and even homeowners embarking on renovation projects. By accommodating such diverse clientele, United Rentals has established itself as a one-stop-shop for all equipment rental needs. In addition to its primary market presence, United Rentals actively engages in new markets and unexplored territories to expand its reach. The company understands the importance of staying ahead of the curve and exploring lucrative opportunities. Through careful analysis and strategic decision-making, United Rentals has successfully ventured into emerging markets, strengthening its position as a global leader in the equipment rental industry. Beyond its operational success, United Rentals places a strong emphasis on sustainable business practices. The company actively invests in environmentally friendly equipment and promotes responsible consumption in line with global sustainability goals. By providing customers with eco-conscious alternatives, United Rentals supports a greener and more sustainable future. As the world continues to evolve, the demand for equipment rental solutions is expected to grow significantly. United Rentals is well-positioned to capitalize on this growth, fueled by its robust fleet, vast distribution network, and commitment to customer satisfaction. With its unwavering dedication to providing an unmatched range of products and services, the company is poised to maintain its position as a dominant force in the ever-expanding equipment rental market.

Website: https://www.unitedrentals.com

Data updated: June 5, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Industrials · 700 peers in sector

Metric URI Sector median Vs. industry
P/E 27.03 27.18 ↓ Below average
EPS 39.09 USD 0.31 USD ↑ Above average
Dividend yield 0.74% 0.00% ↑ Above average
Profit margin 15.32% 1.69% ↑ Above average
ROE 28.24% 3.80% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is United Rentals?
United Rentals, founded in 1997, has solidified its position as the world's largest equipment rental company. With a strong presence in the United States and Canada, the company has captured around 17% of the highly fragmented market. Its dominance in the industry can be attributed to its focus on three key end markets: general industrial, commercial construction, and residential construction. Initially, United Rentals catered to customers needing intermittent use equipment like aerial equipment and portable generators. However, as the company expanded both organically and through numerous acquisitions over the years, its fleet has grown substantially. In fact, the fleet size now stands at an impressive $19.6 billion, showcasing the company's diverse offerings. What sets United Rentals apart from its competitors is its ability to offer specialty equipment and other items for extended rental periods. This is a significant advantage for customers who require specific equipment for a longer duration, such as large-scale construction projects or industrial operations. United Rentals has strategically adapted to the evolving needs of its customers by continuously expanding its catalog to meet their diverse requirements. Through its extensive fleet, United Rentals provides an expansive range of equipment across various industries. From heavy machinery like excavators, bulldozers, and loaders to specialized equipment such as earthmoving, material handling, and power generation tools, the company has built a comprehensive inventory to serve its customers effectively. Their offerings extend beyond just equipment, with the addition of complementary services like equipment management, safety training, and expert advice. United Rentals leverages its extensive network of rental locations and a well-established distribution system to ensure prompt and efficient delivery of equipment to its customers. This allows them to cater to a wide range of customers, including contractors, industrial companies, municipalities, and even homeowners embarking on renovation projects. By accommodating such diverse clientele, United Rentals has established itself as a one-stop-shop for all equipment rental needs. In addition to its primary market presence, United Rentals actively engages in new markets and unexplored territories to expand its reach. The company understands the importance of staying ahead of the curve and exploring lucrative opportunities. Through careful analysis and strategic decision-making, United Rentals has successfully ventured into emerging markets, strengthening its position as a global leader in the equipment rental industry. Beyond its operational success, United Rentals places a strong emphasis on sustainable business practices. The company actively invests in environmentally friendly equipment and promotes responsible consumption in line with global sustainability goals. By providing customers with eco-conscious alternatives, United Rentals supports a greener and more sustainable future. As the world continues to evolve, the demand for equipment rental solutions is expected to grow significantly. United Rentals is well-positioned to capitalize on this growth, fueled by its robust fleet, vast distribution network, and commitment to customer satisfaction. With its unwavering dedication to providing an unmatched range of products and services, the company is poised to maintain its position as a dominant force in the ever-expanding equipment rental market.
Are United Rentals shares expensive?
The price-to-earnings (P/E) ratio of United Rentals is 27.03 — the share price is 27.03 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 27.18). This is information, not a recommendation. (as of 2026-06-05)
How big is United Rentals?
The market capitalization of United Rentals — the combined value of all its shares — is 66.19 B USD. The higher the market cap, the larger the company. (as of 2026-06-05)
Does United Rentals pay dividends?
The dividend yield of United Rentals is 0.74% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-05)
What sector does United Rentals belong to?
United Rentals operates in the Industrials sector, industry: Rental & Leasing Services.

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