United Rentals, Inc. (URI)

Over the past six months, United Rentals' stock has shown significant growth, increasing by 71.32% over the last six months and 9.95% in the past month as of early October 2025. In Q1 2025, United Rentals reported record first-quarter rental revenue of $3.15 billion, a 7.4% year-on-year increase, and reaffirmed its full-year guidance. In Q2 2025, the company announced record second-quarter rental revenue of over $3.4 billion, up 6.2% year-over-year, and raised its full-year guidance. In the first quarter of 2025, United Rentals returned $368 million to shareholders and increased its planned share repurchases by $400 million to $1.9 billion for 2025. On September 16, BNP Paribas Exane upgraded URI stock, citing a pickup in equipment rental demand extending into 2026. In August 2025, United Rentals expanded its digital platform with "Smart Suggestions" and "Equipment Fit Augmented Reality Capabilities", and in July 2025, the company launched a new confined space safety training program.

Demand for United Rentals' products and services exhibits seasonality, primarily influenced by the cyclical nature of the construction and industrial sectors. The company's performance is closely tied to economic fluctuations in these sectors, with capital expenditures consistent with "normal seasonality". The first and second quarters of 2025 saw significant rental CapEx in response to solid customer demand. Large projects and key verticals consistently fuel growth, helping to mitigate some seasonal variations, and the expansion of specialty rentals also aims to reduce reliance on purely cyclical construction markets.

United Rentals, Inc. (URI) is the world's largest equipment rental company, founded in 1997 to consolidate the equipment rental market. Its business model involves leasing a diverse fleet of equipment for short-term or long-term use, serving a wide customer base including construction and industrial companies, utilities, municipalities, government agencies, independent contractors, and homeowners. The company's major product offerings are categorized into general rentals, providing equipment for construction, industrial, and commercial applications, and specialty rentals, catering to niche markets with specialized equipment and solutions.

United Rentals has an extensive geographic footprint, operating an integrated network of rental locations across North America, Europe, Australia, and New Zealand. As of 2024, it has over 1,500 locations in North America, covering 49 U.S. states and Puerto Rico, and every Canadian province. It also has 38 locations in Europe, 23 in Australia, and 19 in New Zealand. The United States accounts for 91.2% of its net sales.

United Rentals maintains a strong brand reputation as the largest equipment rental company globally, emphasizing service, safety, and sustainability. The company continues to invest in technology to improve operational efficiency and customer experience, including enhancing its e-commerce platform and developing advanced analytics tools. United Rentals is committed to achieving carbon neutrality by 2050, increasing the use of electric and hybrid equipment, reducing waste, and promoting recycling. The company focuses on building strong relationships by offering flexible rental terms, competitive pricing, and exceptional service, and demonstrates its commitment to safety through initiatives like the new confined space safety training program.

United Rentals, Inc. is predominantly owned by institutional investors, who hold approximately 82.02% to 92.33% of the company's stock. Insiders own about 0.30% to 82.04% of the company's stock, with Fairholme Capital Management LLC noted as a significant individual shareholder. Retail investors hold a smaller percentage, around 0.00% to 14.11%.