URI

United RentalsNYSE:URI Stock Report

Market Cap

US$24.7b

7D

0.05%

1Y

93.8%

Updated

18 Sep, 2021

Data

Company Financials +
URI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health3/6
Dividends0/6

URI Overview

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company.

United Rentals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for United Rentals
Historical stock prices
Current Share PriceUS$341.46
52 Week HighUS$159.01
52 Week LowUS$364.30
Beta2.03
1 Month Change0.38%
3 Month Change18.17%
1 Year Change93.79%
3 Year Change102.00%
5 Year Change351.97%
Change since IPO2,176.40%

Recent News & Updates

Aug 24

United Rentals: Making Money Renting Shovels

The infrastructure plan approved by the Senate could be only the first step in a broader and larger renovation and modernization infrastructure effort that could last for many years. With investment in infrastructure going to rise in the years to come, we think that the equipment rental companies could see a marked increase of their activity. Being the major player in the sector, United Rentals is likely to be one of the main beneficiaries of this positive trend. In our view, a further decline of the stock could open an interesting BUY opportunity as the stock is already at an attractive level. We think that the United Rentals could be worth USD400/share, with a 21% upside potential from Friday, August 20 close.

Jul 20
These 4 Measures Indicate That United Rentals (NYSE:URI) Is Using Debt Extensively

These 4 Measures Indicate That United Rentals (NYSE:URI) Is Using Debt Extensively

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jul 02
Calculating The Intrinsic Value Of United Rentals, Inc. (NYSE:URI)

Calculating The Intrinsic Value Of United Rentals, Inc. (NYSE:URI)

Today we will run through one way of estimating the intrinsic value of United Rentals, Inc. ( NYSE:URI ) by projecting...

Shareholder Returns

URIUS Trade DistributorsUS Market
7D0.05%-1.1%-0.6%
1Y93.8%46.6%33.8%

Return vs Industry: URI exceeded the US Trade Distributors industry which returned 46% over the past year.

Return vs Market: URI exceeded the US Market which returned 33.6% over the past year.

Price Volatility

Is URI's price volatile compared to industry and market?
URI volatility
URI Beta2.03
Industry Beta1.57
Market Beta1

Stable Share Price: URI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: URI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199718,250Matt Flanneryhttps://www.unitedrentals.com

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power and Fluid Solutions. The General Rentals segment rents general construction and industrial equipment, including backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools.

Valuation

Is United Rentals undervalued compared to its fair value and its price relative to the market?

24.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: URI ($341.46) is trading above our estimate of fair value ($292.18)

Significantly Below Fair Value: URI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: URI is poor value based on its PE Ratio (24.7x) compared to the US Trade Distributors industry average (22.2x).

PE vs Market: URI is poor value based on its PE Ratio (24.7x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: URI is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: URI is overvalued based on its PB Ratio (4.9x) compared to the US Trade Distributors industry average (2.2x).


Future Growth

How is United Rentals forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

16.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: URI's forecast earnings growth (16.6% per year) is above the savings rate (2%).

Earnings vs Market: URI's earnings (16.6% per year) are forecast to grow faster than the US market (14.8% per year).

High Growth Earnings: URI's earnings are forecast to grow, but not significantly.

Revenue vs Market: URI's revenue (7.2% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: URI's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: URI's Return on Equity is forecast to be high in 3 years time (26.4%)


Past Performance

How has United Rentals performed over the past 5 years?

7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: URI has high quality earnings.

Growing Profit Margin: URI's current net profit margins (11.4%) are lower than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: URI's earnings have grown by 7.7% per year over the past 5 years.

Accelerating Growth: URI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: URI had negative earnings growth (-10.1%) over the past year, making it difficult to compare to the Trade Distributors industry average (49.2%).


Return on Equity

High ROE: URI's Return on Equity (19.7%) is considered low.


Financial Health

How is United Rentals's financial position?


Financial Position Analysis

Short Term Liabilities: URI's short term assets ($2.2B) do not cover its short term liabilities ($2.5B).

Long Term Liabilities: URI's short term assets ($2.2B) do not cover its long term liabilities ($12.0B).


Debt to Equity History and Analysis

Debt Level: URI's debt to equity ratio (196.8%) is considered high.

Reducing Debt: URI's debt to equity ratio has reduced from 522% to 196.8% over the past 5 years.

Debt Coverage: URI's debt is well covered by operating cash flow (31.2%).

Interest Coverage: URI's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Dividend

What is United Rentals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate URI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate URI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if URI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if URI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of URI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Matt Flannery (56 yo)

2.33yrs

Tenure

US$6,526,206

Compensation

Mr. Matthew J. Flannery, also known as Matt, has been the Chief Executive Officer and President at United Rentals, Inc. since May 8, 2019. Mr. Flannery was President of United Rentals, Inc. since March 8,...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD6.53M) is below average for companies of similar size in the US market ($USD11.33M).

Compensation vs Earnings: Matt's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: URI's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: URI's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

United Rentals, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: United Rentals, Inc.
  • Ticker: URI
  • Exchange: NYSE
  • Founded: 1997
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: US$24.718b
  • Shares outstanding: 72.39m
  • Website: https://www.unitedrentals.com

Number of Employees


Location

  • United Rentals, Inc.
  • 100 First Stamford Place
  • Suite 700
  • Stamford
  • Connecticut
  • 6902
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 00:46
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.