United Rentals revenue and financials
$1,080.62Change from previous close: +0.59%Absolute change: +$6.34
In the fiscal year ended December 2025, United Rentals reported revenue of $16.1B (+4.91% year over year). Net income was $2.49B, a net margin of 15.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.91%
- 2025 vs 2024
- Net income growth
- −3.15%
- 2025 vs 2024
- Net margin
- 15.5%
- 2024: 16.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,190 | 4,546 | 4,704 | 4,433 | 3,689 | 2,658 | 3,024 | 2,853 | 2,209 | 1,941 |
| Depreciation and amortization | 438 | 437 | 431 | 364 | 372 | 387 | 407 | 308 | 259 | 1,245 |
| Capital expenditure | -3,115 | -4,130 | -3,864 | -3,690 | -3,198 | -197 | -218 | -185 | -120 | -93.0 |
| Investing cash flow | -3,369 | -4,148 | -2,976 | -5,016 | -3,611 | — | — | — | — | — |
| Financing cash flow | -1,841 | -274 | -1,474 | 552 | -140 | — | — | — | — | — |
| Dividends paid | -464 | -434 | -406 | 0.0 | 0.0 | — | — | — | — | — |
| Share repurchases | -1,969 | -1,571 | -1,070 | -1,068 | -34.0 | -286 | -870 | -817 | -56.0 | -528 |
| Debt issued | 11,182 | 11,609 | 8,576 | 9,885 | — | — | — | — | — | — |
| Debt repaid | -10,529 | -9,861 | -8,574 | -8,241 | — | — | — | — | — | — |
| Effect of exchange rates | 22.0 | -30.0 | 3.0 | -7.0 | 4.0 | — | — | — | — | — |
| Net change in cash | 2.0 | 94.0 | 257 | -38.0 | -58.0 | — | — | — | — | — |
| Free cash flow | 2,075 | 1,940 | 2,208 | 1,708 | 1,459 | — | — | — | — | — |
| Levered free cash flow | 1,930 | 2,280 | 2,370 | 1,359 | 1,383 | — | — | — | — | — |