Company
United Rentals, Inc.
Headquarters: Stamford, CT, United States
Founded: August 14, 1997
Employees: 20,400
CEO: Mr. Matthew J. Flannery
Market Cap
$43.93 Billion
USD as of July 1, 2024
United Rentals, Inc. Categories
United States Industrials Rental & Leasing ServicesUnited States Industrials United States Rental & Leasing Services
Top Competitors by Market Capitalization
Industry: Rental & Leasing Services
Sector:
| Company | Market Cap (USD) |
|---|---|
| General Electric | $178.42 B |
| Caterpillar | $160.58 B |
| Siemens | $149.99 B |
| Schneider Electric | $138.86 B |
| Honeywell | $138.35 B |
Detailed Description
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, directly to manufacturers, and at auctions. As of January 1, 2022, the company operated a network of 1,345 rental locations, including 1,149 of these locations are in the United States, 139 are in Canada, 11 are in Europe, and and 46 are in Australia and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.
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Stocks & Indices
United Rentals, Inc. has the following listings and related stock indices.
Stock: NYSE: URI wb_incandescent
Stock: BMV: URI wb_incandescent
Stock: Bovespa: U1RI34 wb_incandescent
Stock: XETR: UR3 wb_incandescent
Product & Services
Construction/industrial rentals, sales, servicing
Key People
Michael J. Kneeland (Chairman of the Board) Matthew Flannery (CEO) Dale Asplund (COO) Jessica Graziano (CFO)
Financials
Revenue: US$8.530 billion (2020)
Operating income: US$1.800 billion (2020)
Net income: US$890 million (2020)
Total assets: US$17.868 billion (2020)
Total equity: US$4.545 billion (2020)