United Rentals, Inc. (URI) Financial Statements
United Rentals financial statements at a glance
United Rentals reported revenue of $16.10 billion for fiscal year 2025 (ended December 31, 2025), up 4.9% from fiscal year 2024. Net income was $2.49 billion, a net margin of 15.5%.
At the end of fiscal year 2025 it had total assets of $29.87 billion, total liabilities of $20.90 billion and shareholders' equity of $8.97 billion, with total debt of $14.23 billion.
Its operations brought in $5.19 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
United Rentals, Inc.
Income Statement
Annual • USD
United Rentals key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $16.1B | $15.3B | $14.3B | $11.6B | $9.7B |
| Gross profit | $6.1B | $6.2B | $5.8B | $5.0B | $3.9B |
| Operating income | $4.0B | $4.1B | $3.8B | $3.2B | $2.3B |
| Net income | $2.5B | $2.6B | $2.4B | $2.1B | $1.4B |
| Diluted EPS | – | – | – | – | $19.04 |
| Total assets | $29.9B | $28.2B | $25.6B | $24.2B | $20.3B |
| Total liabilities | $20.9B | $19.5B | $17.5B | $17.1B | $14.3B |
| Shareholders' equity | $9.0B | $8.6B | $8.1B | $7.1B | $6.0B |
| Cash | – | – | – | – | $144.0M |
| Total debt | $14.2B | $13.4B | $11.5B | $11.4B | $10.5B |
| Operating cash flow | $5.2B | $4.5B | $4.7B | $4.4B | $3.7B |
| Capital spending | – | – | – | – | $3.2B |
| Free cash flow | – | – | – | – | $491.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was United Rentals's revenue in fiscal year 2025?
$16.10 billion, up 4.9% from $15.35 billion in fiscal year 2024.
How much profit does United Rentals make?
United Rentals reported net income of $2.49 billion for fiscal year 2025 (15.5% of revenue); operating income was $3.97 billion.
How much cash and debt does United Rentals have?
At the end of fiscal year 2025: total debt of $14.23 billion.
