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 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; surface protection mats; 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, at auctions, and directly to manufacturers. The company operates in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.
Valuation Concerns | Analysts debate United Rentals' high valuation, with price targets ranging from $400 to $985, reflecting mixed views on growth prospects and market positioning |
Market Dynamics | Delve into United Rentals' position in mega projects and customer relationships, balancing opportunities against decelerating fleet productivity |
Strategic Expansion | Explore United Rentals' acquisition of H&E Equipment Services, promising EPS and FCF accretion, while leveraging synergies for market share growth |
Financial Resilience | United Rentals showcases strong profitability metrics and EPS growth projections, despite facing challenges in organic productivity and specialty margins |
Metrics to compare | URI | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipURIPeersSector | |
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P/E Ratio | 17.7x | 17.7x | 12.0x | |
PEG Ratio | 3.97 | −0.60 | 0.03 | |
Price / Book | 5.1x | 3.1x | 1.4x | |
Price / LTM Sales | 2.9x | 1.5x | 1.2x | |
Upside (Analyst Target) | 3.4% | 29.1% | 19.6% | |
Fair Value Upside | Unlock | 4.5% | 7.5% | Unlock |