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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 31,314 | 29,888 | 29,866 | 30,065 | 29,206 | 28,050 | 28,163 | 28,412 | 27,613 | 26,658 | 25,589 | 25,832 |
| Current assets | 3,593 | 3,311 | 3,608 | 3,783 | 3,520 | 3,241 | 3,249 | 3,321 | 3,219 | 3,009 | 2,933 | 2,978 |
| Cash and equivalents | 112 | 156 | 459 | 512 | 548 | 542 | 457 | 479 | 467 | 429 | 363 | 284 |
| Receivables | 2,797 | 2,561 | 2,510 | 2,579 | 2,368 | 2,298 | 2,357 | 2,396 | 2,260 | 2,221 | 2,257 | 2,408 |
| Inventory | 294 | 256 | 240 | 234 | 242 | 227 | 200 | 211 | 219 | 208 | 205 | 201 |
| Net property, plant and equipment | 2,546 | 2,515 | 2,529 | 2,401 | 2,391 | 2,369 | 2,371 | 2,255 | 2,169 | 2,097 | 2,002 | 1,972 |
| Goodwill | 7,201 | 7,285 | 7,119 | 6,884 | 6,888 | 6,860 | 6,900 | 6,853 | 6,749 | 6,863 | 5,940 | 5,792 |
| Other intangible assets | 561 | 547 | 477 | 531 | 588 | 642 | 663 | 694 | 744 | 666 | 670 | 728 |
| Current liabilities | 4,703 | 4,127 | 3,819 | 4,211 | 4,100 | 3,794 | 3,323 | 4,026 | 3,969 | 3,364 | 3,637 | 3,673 |
| Accounts payable | 1,610 | 1,085 | 776 | 1,276 | 1,439 | 1,029 | 748 | 1,216 | 1,349 | 959 | 905 | 1,121 |
| Long-term debt | 12,333 | 11,916 | 12,429 | 12,282 | 11,793 | 11,211 | 12,048 | 11,631 | 11,296 | 11,108 | 9,916 | 10,392 |
| Total debt | 15,385 | 15,019 | 15,670 | 15,212 | 14,455 | — | — | — | — | — | — | — |
| Total liabilities | 22,090 | 20,920 | 20,898 | 21,065 | 20,171 | 19,261 | 19,541 | 19,831 | 19,332 | 18,538 | 17,459 | 18,076 |
| Total equity (incl. minority) | 9,224 | 8,968 | 8,968 | 9,000 | 9,035 | 8,789 | 8,622 | 8,581 | 8,281 | 8,120 | 8,130 | 7,756 |
| Retained earnings | 16,879 | 16,250 | 15,843 | 15,304 | 14,718 | 14,214 | 13,813 | 13,231 | 12,630 | 12,103 | 11,672 | 11,094 |
