News & Videos - UNITED RENTALS INC.

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...

United Rentals, Inc. (NYSE: URI) today announced the appointment of Elizabeth Grenfell as vice president, investor relations, effective immediately. In this role, Ms. Grenfell is responsible for managing communications between the company’s leadership, current and future investors, and the broader financial community. She assumes responsibility for investor relations from Ted Grace, who has served as the company’s primary investor contact since 2016 and is currently chief financial officer....

United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter of 2023 and reaffirmed its full-year 2023 guidance. First Quarter 2023 Highlights Total revenue of $3.285 billion, including rental revenue 1 of $2.740 billion. Year-over-year, fleet productivity 2 increased 2.0% as reported and 5.9% on a pro forma 2 basis. Net income of $451 million, at a margin 3 of 13.7%. GAAP diluted earnings per share of $6.47, and adjusted EPS 4 of $7.95. Adjusted EBITDA 4 of $1.503...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today introduced JuiceBox mobile power generators to its equipment rental fleet. The generators can be powered by safe and clean propane or natural gas, providing a low-emissions alternative to diesel machines to charge electric vehicles, tools, and other equipment, advancing worksite electrification strategies. United Rentals acquired the generators from Evergreen Mobile Power. They feature a much lower operating...

United Rentals, Inc. (NYSE: URI) will hold its first quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 27, 2023 at 11:00 a.m. Eastern Time. The company’s first quarter 2023 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 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 announced it will host an Investor Day in New York City on Wednesday, May 31, 2023. 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 followed by a Q&A panel session with senior leadership. The event will begin at...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced that its 2023 Spring Used Equipment Sale Event will take place at 176 United Rentals locations in the United States and Canada on Thursday, March 23. During the event, companies and government organizations can review a robust fleet of well-maintained used equipment originally sourced from top-tier manufacturers. United Rentals offers more than 4,000 classes of equipment for sale, including aerial...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced it has surpassed 335,000 pieces of equipment outfitted with telematics technology in its rental fleet. The equipment includes aerial work platforms, earthmoving equipment, generators, all-electric trucks, compressors, e-dumpsters, light towers and more. “Businesses face ever-increasing pressure to improve productivity and safety on jobsites. If they don’t have visibility to equipment operating...

United Rentals, Inc. (NYSE: URI) today announced that it will participate in the 15 th Annual Evercore ISI Industrial Conference on Tuesday, March 7, 2023. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer. The presentation is scheduled to begin at 3:00 p.m. ET and will be available via the following link: https://wsw.com/webcast/evercore33/uri/2190000 . The presentation may also be accessed on www.ur.com , where it will...

United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2023 Global Industrial Tech and Mobility Conference on Wednesday, February 22, 2023. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer. The presentation is scheduled to begin at 4:20 p.m. ET and will be available via the following link: https://kvgo.com/industrials-conference-2023/united-rentals-feb-2023 The presentation may also be...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced it was included on the Wall Street Journal Management Top 250 list , developed by the Drucker Institute, which recognizes companies for “doing the right things well.” The Management Top 250 ranking measures corporate effectiveness by examining performance in five areas: customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. The...

United Rentals, Inc. (NYSE: URI) today announced financial results for the fourth quarter of 2022 and reported its full-year results on Form 10-K. The company also announced its full-year 2023 guidance, the initiation of a quarterly dividend of $1.48 per share, equating to an initial annualized yield of approximately 1.5%, and its plan to restart its share repurchase program, with the intent to buyback $1.0 billion of common stock in 2023. Fourth Quarter 2022 Highlights Total revenue of $3.296...

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced it was selected for the Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2023. Unlike other workplace awards, this award is based solely on the input of employees, who voluntarily provide anonymous feedback by completing a company review about their job, work environment and employer on Glassdoor, a leader in job and company insights. Glassdoor’s Best Places to Work...