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URI - United Rentals, Inc.

NYSE -> Industrials -> Rental & Leasing Services
Stamford, United States
Type: Equity

URI price evolution
URI
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $363 $284 $227 $99
Short term investments
Net receivables $2230 $2277 $2138 $2034
Inventory $205 $201 $210 $222
Total current assets $2933 $2978 $2838 $2622
Long term investments
Property, plant & equipment $16003 $16286 $16020 $15386
Goodwill & intangible assets $6610 $6520 $6599 $6576
Total noncurrent assets $22656 $22854 $22668 $22007
Total investments
Total assets $25589 $25832 $25506 $24629
Current liabilities
Accounts payable $905 $1121 $1339 $1117
Deferred revenue
Short long term debt $1465 $1448 $1444 $156
Total current liabilities $3637 $3673 $3810 $2280
Long term debt $10948 $11470 $11389 $12349
Total noncurrent liabilities $13822 $14403 $14282 $15219
Total debt $12413 $12918 $12833 $12505
Total liabilities $17459 $18076 $18092 $17499
Shareholders' equity
Retained earnings $11672 $11094 $10493 $10003
Other shareholder equity -$228 -$268 -$241 -$264
Total shareholder equity $8130 $7756 $7414 $7130
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $363 $106 $144 $202
Short term investments
Net receivables $2230 $2239 $1677 $1315
Inventory $205 $232 $164 $125
Total current assets $2933 $2723 $2151 $2017
Long term investments
Property, plant & equipment $16003 $14935 $11956 $9997
Goodwill & intangible assets $6610 $6478 $6143 $5816
Total noncurrent assets $22656 $21460 $18141 $15851
Total investments
Total assets $25589 $24183 $20292 $17868
Current liabilities
Accounts payable $905 $1139 $816 $466
Deferred revenue
Short long term debt $1465 $161 $906 $704
Total current liabilities $3637 $2445 $2603 $1890
Long term debt $10948 $11209 $9400 $9527
Total noncurrent liabilities $13822 $14676 $11698 $11433
Total debt $12413 $12012 $10306 $10231
Total liabilities $17459 $17121 $14301 $13323
Shareholders' equity
Retained earnings $11672 $9656 $7551 $6165
Other shareholder equity -$228 -$264 -$171 -$146
Total shareholder equity $8130 $7062 $5991 $4545
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $3728 $3765 $3554 $3285
Cost of revenue $2166 $2180 $2129 $2044
Gross Profit $1562 $1585 $1425 $1241
Operating activities
Research & development
Selling, general & administrative $393 $374 $378 $382
Total operating expenses $499 $486 $500 $501
Operating income $1063 $1099 $925 $740
Income from continuing operations
EBIT $1063 $1106 $933 $744
Income tax expense $223 $240 $181 $143
Interest expense $161 $163 $161 $150
Net income
Net income $679 $703 $591 $451
Income (for common shares) $679 $703 $591 $451
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $14332 $11642 $9716 $8530
Cost of revenue $8519 $6646 $5863 $5347
Gross Profit $5813 $4996 $3853 $3183
Operating activities
Research & development
Selling, general & administrative $1527 $1400 $1199 $979
Total operating expenses $1986 $1764 $1576 $1383
Operating income $3827 $3232 $2277 $1800
Income from continuing operations
EBIT $3846 $3247 $2270 $1808
Income tax expense $787 $697 $460 $249
Interest expense $635 $445 $424 $669
Net income
Net income $2424 $2105 $1386 $890
Income (for common shares) $2424 $2105 $1386 $890
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $679 $703 $591 $451
Operating activities
Depreciation $697 $695 $696 $693
Business acquisitions & disposals -$168 $12 -$119 -$299
Stock-based compensation $22 $23 $25 $24
Total cash flows from operations $1414 $1062 $1289 $939
Investing activities
Capital expenditures -$273 -$734 -$959 -$470
Investments -$4
Total cash flows from investing -$437 -$711 -$1068 -$760
Financing activities
Dividends paid -$101 -$100 -$102 -$103
Sale and purchase of stock -$264 -$252 -$251 -$303
Net borrowings -$541 $62 $261 $220
Total cash flows from financing -$906 -$290 -$92 -$186
Effect of exchange rate $8 -$4 -$1
Change in cash and equivalents $79 $57 $128 -$7
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $2424 $2105 $1386 $890
Operating activities
Depreciation $2781 $2217 $1983 $1988
Business acquisitions & disposals -$574 -$2340 -$1436 -$2
Stock-based compensation $94 $127 $119 $70
Total cash flows from operations $4704 $4433 $3689 $2658
Investing activities
Capital expenditures -$2436 -$2701 -$2200 -$258
Investments -$4 -$7 -$3
Total cash flows from investing -$2976 -$5016 -$3611 -$223
Financing activities
Dividends paid -$406
Sale and purchase of stock -$1070 -$1068 -$34 -$285
Net borrowings $2 $1620 -$106 -$2008
Total cash flows from financing -$1474 $552 -$140 -$2293
Effect of exchange rate $3 -$7 $4 $8
Change in cash and equivalents $257 -$38 -$58 $150
Fundamentals
Market cap $48.51B
Enterprise value $60.56B
Shares outstanding 67.27M
Revenue $14.33B
EBITDA $6.63B
EBIT $3.85B
Net Income $2.42B
Revenue Q/Q 13.11%
Revenue Y/Y 23.11%
P/E ratio 20.01
EV/Sales 4.23
EV/EBITDA 9.14
EV/EBIT 15.75
P/S ratio 3.38
P/B ratio 5.80
Book/Share 124.25
Cash/Share 5.40
EPS $36.03
ROA 9.55%
ROE 31.86%
Debt/Equity 2.15
Net debt/EBITDA 2.58
Current ratio 0.81
Quick ratio 0.75