United Rentals (URI)
NYSEIndustrialsRental & Leasing ServicesSnapshot 2026-07-07
$1055.95-3.98%
Close 2026-07-07 · 1-day change
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Track URI free→United Rentals leads the equipment rental market with 13% share. Revenue is growing about 8.7% yearly, with guidance raised to $17.4 billion for 2026. Capital spending is up to support growth and efficiency. Free cash flow remains strong near $2.3 billion, supporting buybacks.
Growth could slow if demand weakens or capital spending fails to improve returns. Free cash flow may stay flat, limiting shareholder returns. Rising debt or credit issues could pressure the balance sheet.
The stock trades about 34% above our fair value near $802, reflecting roughly 9% revenue growth. Our fair value is 30% below the Street median, so the market prices in strong growth and execution. We see risk if growth or cash flow targets slip.
Breaks if: Capital expenditures fall below $2.55 billion in 2026
United Rentals plans to increase capital expenditures to support growth and operational efficiency.
Stated in 3 of last 3 quarters. Capital expenditures guidance increased to $2.95 billion to $3.35 billion for 2026, up from $2.55 billion to $2.75 billion in 2025. The trajectory shows delivering on increased capex plans.
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Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Net rental capital expenditures after gross purchases $2.95 billion to $3.35 billion.”
“Net rental capital expenditures after gross purchases $2.85 billion to $3.25 billion.”
“Net rental capital expenditures after gross purchases $2.55 billion to $2.75 billion.”
Breaks if: Free cash flow falls below $2.0 billion in 2026
United Rentals is focused on maintaining strong free cash flow to support shareholder value.
Stated in 3 of last 3 quarters. Free cash flow guidance remains $2.15 billion to $2.45 billion for 2026, consistent with prior periods. The trajectory shows limited progress in increasing free cash flow.
“Free cash flow excluding restructuring related payments $2.15 billion to $2.45 billion.”
“Free cash flow excluding merger and restructuring related payments $2.15 billion to $2.45 billion.”
“Free cash flow excluding merger and restructuring related payments $2.1 billion to $2.3 billion.”
Breaks if: Two or more consecutive quarters of EPS misses or guidance cuts
Breaks if: Full-year revenue falls below $16.0 billion in 2026
United Rentals aims to increase its full-year revenue guidance, reflecting confidence in growth opportunities.
Stated in 3 of last 3 quarters. Revenue guidance increased to $16.9 billion to $17.4 billion for 2026, up from $16.0 billion to $16.2 billion in 2025. The trajectory shows delivering on growth expectations.
“The company has raised its 2026 outlook, as reflected below.”
“As you can see in our initial 2026 guidance, we expect another year of profitable growth.”
“The company has updated its 2025 outlook, as reflected below.”