United Rentals, Inc.
0LIY.L
London Stock Exchange1,053.14
USD
-44.16
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United Rentals, Inc.
0LIY.L
(London Stock Exchange)
Recent
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1,053.14
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div
yld
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ROIC.AI
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- Business
- United Rentals, Inc. (NYSE: URI; LSE: 0LIY) operates as the world's largest equipment rental company, providing a comprehensive range of construction and industrial equipment rentals; general rentals including earthmoving machinery, material handling equipment, aerial work platforms, forklifts, trucks, compressors, generators, pumps and tools; specialty offerings encompassing power and HVAC solutions, fluid solutions, trench safety systems, storage containers, mobile offices, oilfield services and reliable onsite services to customers such as construction and industrial firms, utilities, municipalities and homeowners. Founded in 1997 and headquartered in Stamford, Connecticut, the company maintains approximately 1,487 rental locations across North America including 49 U.S. states and ten Canadian provinces, as well as operations in Europe, Australia and New Zealand, supported by a fleet of over 4,800 equipment classes with an original cost exceeding $20 billion and around 26,650 employees. In a major strategic development, United Rentals announced in January 2025 its $4.8 billion acquisition of H&E Equipment Services, including $1.4 billion in net debt, expected to close in the first quarter of 2025 pending regulatory approvals, adding 64,000 units to its fleet, enhancing geographical footprint across over 30 U.S. states and delivering projected $130 million in annual cost synergies within 24 months alongside $120 million in revenue synergies from cross-selling specialty solutions. The company also completed a $1.5 billion share repurchase program in 2025, raised its full-year revenue guidance to $15.8-16.1 billion and introduced digital tools like Smart Suggestions Equipment Fit leveraging machine learning for customer efficiency.