United Rentals, Inc.
URI
Market Cap$46.06B
Close$
Earnings Call Q4 2023
January 25, 2024 - AI Summary
United Rentals reported record fourth quarter results, with total revenue growing by 13% year-over-year to $3.7 billion and rental revenue increasing by 13.5%.
The company expects 2024 to be another year of growth, driven by large projects and supported by customer sentiment indicators and solid backlogs.
United Rentals plans to return nearly $2 billion of cash to shareholders in 2024 through increased dividends and share repurchases.
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$104.93
84.3% downside
Current Fair Value
84.3% downsideOvervalued by 84.3% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $46.06 Billion |
|---|---|
| Enterprise Value | $57.21 Billion |
| Dividend Yield | $6.0447 (0.88%) |
| Earnings per Share | $35.28 |
| Beta | 1.78 |
| Outstanding Shares | 67,170,315 |
| Avg 30 Day Volume | 503,455 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 19.0 |
|---|---|
| PEG | 303.54 |
| Price to Sales | 3.13 |
| Price to Book Ratio | 5.51 |
| Enterprise Value to Revenue | 3.99 |
| Enterprise Value to EBIT | 14.84 |
| Enterprise Value to Net Income | 23 |
| Total Debt to Enterprise | 0.2 |
| Debt to Equity | 1.42 |
Revenue Sources
No data
ESG Score
No data
About United Rentals, Inc.
18,800 employees
CEO: Matthew Flannery United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,169 rental locations in North America and 11 in Europe. In North America, the company operates in 49 states and every C...