UNITED RENTALS INC. overview

United Rentals, Inc. (NYSE: URI) today announced financial results for the second quarter of 2023 and raised its full-year 2023 guidance. Second Quarter 2023 Highlights Total revenue of $3.554 billion, including rental revenue 1 of $2.981 billion. Net income of $591 million, at a margin 2 of 16.6%. GAAP diluted earnings per share of $8.58, and adjusted EPS 3 of $9.88. Adjusted EBITDA 3 of $1.695 billion, at a margin 2 of 47.7%. Year-over-year, fleet productivity 4 decreased 2.0% as reported and...

United Rentals, the world’s largest equipment rental company, today released its 2022 Corporate Responsibility Report. This comprehensive report showcases the company's dedication to sustainability, culture and governance and includes important updates from 2022 and 2023. 2022 was a landmark year for United Rentals, which celebrated its 25th anniversary. For over 25 years, the company has been at the forefront of partnering with its customers, communities and employees to build a better future...

United Rentals, Inc. (NYSE: URI) today announced the appointment of Sybil Collins as vice president, treasurer, effective immediately. In this role, Ms. Collins will have responsibility for all treasury functions, including capital strategy, cash management, inter-company financing, foreign exchange, interest rate management, and related areas of risk management. She assumes responsibility from Irene Moshouris, who is retiring, and will report to Ted Grace, chief financial officer. Prior to...

United Rentals, Inc. (NYSE: URI) will hold its second quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, July 27, 2023 at 11:00 a.m. Eastern Time. The company’s second quarter 2023 press release will be issued and available at unitedrentals.com after the market close on Wednesday, July 26, 2023. The conference call will also be available by audio webcast at unitedrentals.com , where it will be archived until the next...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today outlined ways companies can create more efficient and sustainable worksites using hybrid power solutions. Battery energy storage systems (BESS) are leading the transformation in portable power by storing energy from an energy source such as a power grid or generator. United Rentals released a white paper, “ Hybrid Power Solutions: The Future of Portable Power ,” that explores strategies for pairing a BESS...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced an online series of trench safety educational sessions that support the 2023 Trench Safety Stand Down , which takes place June 19-23, 2023. The free training events raise awareness around trench and excavation practices to help contractors and utilities improve worksite productivity and keep workers safe. Trench Safety Stand Down is a North American initiative focused on trench and excavation...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, will host an Investor Day in New York City today, Wednesday, May 31, 2023, starting at 1:00 p.m. (ET). The event is expected to conclude at approximately 4:15 p.m. (ET). Matt Flannery, President and CEO, will be joined by other members of the executive management team to provide an in-depth review of United Rentals’ strategy, key initiatives, and financial performance. The event will include formal presentations...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced it has earned the designation VETS Indexes 5 Star Employer in the 2023 VETS Indexes Employer Awards . The award recognizes the organization’s commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community. Nearly 10 percent of United Rentals employees are military veterans. This year, a record number of 239 organizations participated in the...