United Rentals, Inc.
URI
Market Cap$40.68B
Close$
Earnings Call Q4 2024
January 30, 2025 - AI Summary
Strong Fourth Quarter Results: United Rentals reported record revenue in Q4 2024, growing 9.8% year-over-year to nearly $4.1 billion. Rental revenue increased by 9.7% to $3.4 billion, while adjusted EBITDA reached a record $1.9 billion, reflecting a margin of over 46%. Adjusted EPS also saw significant growth, reaching $11.59.
Robust Rental Market and Specialty Growth: The company experienced solid growth across its construction and industrial markets, with specialty rental revenue soaring by over 30% year-over-year, even without recent acquisitions (Yak), it still showed strong organic growth of 18%. This points to a resilient demand environment, especially in high-return segments like specialty rentals.
Guidance for 2025: United Rentals expects 2025 to be another record year with total revenue projected between $15.6 billion to $16.1 billion (implying approximately 3.3% growth at midpoint). Adjusted EBITDA guidance is set between $7.2 billion and $7.45 billion, indicating a slight margin compression and a still healthy cash flow outlook of $2.0 billion to $2.2 billion.
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$161.10
74.1% downside
Current Fair Value
74.1% downsideOvervalued by 74.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $40.68 Billion |
|---|---|
| Enterprise Value | $54.78 Billion |
| Dividend Yield | $6.68 (1.07236884351121%) |
| Earnings per Share | $38.81 |
| Beta | 1.77 |
| Outstanding Shares | 66,019,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 15.97 |
|---|---|
| PEG | 1084.41 |
| Price to Sales | 2.69 |
| Price to Book Ratio | 4.79 |
| Enterprise Value to Revenue | 3.57 |
| Enterprise Value to EBIT | 13.45 |
| Enterprise Value to Net Income | 21 |
| Total Debt to Enterprise | 0.27 |
| Debt to Equity | 1.69 |
Revenue Sources
No data
Insider Trades
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...