United Rentals, Inc. (URI)

In the past six months, United Rentals' stock surged from around $600 in March 2025 to over $1,000 before pulling back to the low $900s. As of October 24, 2025, the closing stock price was $913.33, a 12.41% increase from October 25, 2024. Third-quarter 2025 earnings showed mixed results, with revenue exceeding expectations but adjusted EPS falling short, leading to a stock price decline. The earnings report indicated robust customer demand, leading the company to raise its full-year 2025 guidance, but profitability metrics showed compression due to inflationary pressures and a normalization of the used equipment market. Analyst ratings and price targets have seen adjustments.

Demand for United Rentals' equipment rental products and services is cyclical and subject to seasonal variations. The company typically experiences lower demand during the winter months, particularly in the northern United States and Canada, with increased activity and demand during the third and fourth quarters.

United Rentals, Inc. operates in the Industrials sector, specifically the Business Services industry, focusing on equipment rental. The company acquires and rents out equipment through a network of branches, generating revenue from rental fees, sales of used equipment, and related services. Its offerings are categorized into General Rentals (construction and industrial equipment) and Specialty Rentals (niche equipment for specific applications). The company serves construction and industrial customers, utilities, municipalities, homeowners, and government entities.

United Rentals has the largest rental fleet globally and operates 1,639 rental locations across North America, 41 in Europe, 40 in Australia, and 19 in New Zealand. It has a presence in 49 U.S. states and every Canadian province, with the United States accounting for 91.2% of its net sales.

United Rentals maintains a strong brand reputation as the market leader in the equipment rental industry. Its competitive positioning is reinforced by its extensive network, vast fleet, and industry expertise. The company emphasizes a customer-centric approach, focusing on building strong relationships by offering flexible rental terms, competitive pricing, and exceptional service. Its strategic focus on technology integration further differentiates its offering. The company's management has highlighted an "unrelenting focus on being the partner of choice to our customers."

United Rentals' stock is predominantly owned by institutional investors, holding approximately 93.36%, 96.26%, or 92.71% of the company's stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Capital Research Global Investors. Fairholme Capital Management LLC is the largest individual shareholder, owning 35.64 million shares, representing 56.01% of the company. Insider ownership is reported at 6.63% or 82.96%, while retail investor ownership is stated as 0.00% or 40.45%.