stock.name

United Rentals, Inc.

URI

Market Cap$44.41B
Close$

Compare United Rentals

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
United Rentals, Inc.United Rentals, Inc.18.30.91%30%3.11.4
marketMarket Avg49.51.28%13%6.20.1
Real EstateReal Estate Avg12.91.26%16%3.20.8

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.
The company has updated its leverage target to a range of 1.5 to 2.5 times, reflecting its commitment to building an even stronger company and driving shareholder value.
The Ahern integration is complete, and the company expects further efficiencies from legacy Ahern facilities adopting United Rentals' processes and technology.
Fleet productivity is expected to remain positive throughout 2024, although inflation may have a slight drag on overall fleet productivity.
$645.89

Current Fair Value

2% downside

Overvalued by 2% based on the discounted cash flow analysis.

Share Statistics

Market cap$44.41 Billion
Enterprise Value$55.57 Billion
Dividend Yield$6.0447 (0.91%)
Earnings per Share$35.28
Beta1.8
Outstanding Shares67,191,627
Avg 30 Day Volume734,966

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio18.32
PEG292.68
Price to Sales3.09
Price to Book Ratio5.49
Enterprise Value to Revenue3.88
Enterprise Value to EBIT14.41
Enterprise Value to Net Income22
Total Debt to Enterprise0.21
Debt to Equity1.42

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...