United Rentals, Inc. (URI) balance sheet
NYSE · Industrials · Rental & Leasing Services · 28,500 employees · CEO Matthew J. Flannery
- Price
- $1,170.05 -2.39%
- Market cap
- $72.4B
- Enterprise value
- $88.2B
- Last report
- Q3 '26 filed 2026-10-21
- Next report
- 2027-01-27 EPS est. $14.14
At the end of Q3 '26 United Rentals, Inc. (URI) held $153M in cash and short-term investments against $15.9B of debt incl. leases. Total assets $32.8B, total liabilities $23.1B, shareholders' equity $9.7B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $363M | $429M | $467M | $479M | $457M | $542M | $548M | $512M | $459M | $156M | $112M | $153M | |
| Receivables | $2.24B | $2.22B | $2.26B | $2.4B | $2.41B | $2.3B | $2.37B | $2.58B | $2.51B | $2.56B | $2.8B | $3.1B | |
| Inventory | $205M | $208M | $219M | $211M | $200M | $227M | $242M | $234M | $240M | $256M | $294M | $313M | |
| Other current assets | $62M | $151M | $273M | $235M | $90M | $174M | $362M | $458M | $399M | $338M | $390M | $423M | |
| Current assets | $2.93B | $3.01B | $3.22B | $3.32B | $3.25B | $3.24B | $3.52B | $3.78B | $3.61B | $3.31B | $3.59B | $3.99B | |
| Property, plant & equipment (net) | $16B | $16.1B | $16.9B | $17.5B | $17.3B | $17.3B | $18.2B | $2.4B | $2.53B | $2.52B | $19.9B | $21B | |
| Goodwill | $5.94B | $6.86B | $6.75B | $6.85B | $6.9B | $6.86B | $6.89B | $6.88B | $7.12B | $7.29B | $7.2B | $7.26B | |
| Intangible assets | $670M | $666M | $744M | $694M | $663M | $642M | $588M | $531M | $477M | $547M | $561M | $507M | |
| Other non-current assets | $43M | $44M | $47M | $48M | $49M | $53M | $56M | $16.5B | $16.1B | $16.2B | $63M | $61M | |
| Non-current assets | $22.7B | $23.6B | $24.4B | $25.1B | $24.9B | $24.8B | $25.7B | $26.3B | $26.3B | $26.6B | $27.7B | $28.8B | |
| Total assets | $25.6B | $26.7B | $27.6B | $28.4B | $28.2B | $28.1B | $29.2B | $30.1B | $29.9B | $29.9B | $31.3B | $32.8B | |
| Liabilities | |||||||||||||
| Accounts payable | $905M | $959M | $1.35B | $1.22B | $748M | $1.03B | $1.44B | $1.28B | $776M | $1.09B | $1.61B | $1.69B | |
| Accrued expenses | $325M | $1.32B | $1.25B | $1.3B | $367M | $1.35B | $1.37B | $1.39B | $0 | $1.42B | $0 | $1.71B | |
| Short-term debt | $1.47B | $1.09B | $1.37B | $1.51B | $1.18B | $1.42B | $1.29B | $1.55B | $1.58B | $1.62B | $1.54B | $1.61B | |
| Taxes payable | $139M | $0 | $0 | $0 | $64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $138M | $0 | $0 | $0 | $185M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other current liabilities | $416M | $0 | $0 | $0 | $487M | $0 | $0 | $0 | $1.47B | $0 | $1.55B | $0 | |
| Current liabilities | $3.64B | $3.36B | $3.97B | $4.03B | $3.32B | $3.79B | $4.1B | $4.21B | $3.82B | $4.13B | $4.7B | $5.01B | |
| Long-term debt | $10.1B | $11.3B | $11.5B | $11.9B | $12.2B | $11.5B | $12.1B | $12.6B | $13.8B | $12.3B | $12.7B | $13.1B | |
| Lease obligations (non-current) | $895M | $966M | $988M | $1.02B | $1.09B | $1.07B | $1.07B | $1.06B | $1.12B | $1.13B | $1.16B | $1.2B | |
| Deferred tax liabilities | $2.7B | $2.69B | $2.67B | $2.68B | $2.69B | $2.69B | $2.68B | $2.97B | $3.12B | $3.2B | $3.33B | $3.59B | |
| Other non-current liabilities | $173M | $200M | $183M | $225M | $216M | $202M | $225M | $219M | -$936M | $198M | $210M | $230M | |
| Non-current liabilities | $13.8B | $15.2B | $15.4B | $15.8B | $16.2B | $15.5B | $16.1B | $16.9B | $17.1B | $16.8B | $17.4B | $18.1B | |
| Total liabilities | $17.5B | $18.5B | $19.3B | $19.8B | $19.5B | $19.3B | $20.2B | $21.1B | $20.9B | $20.9B | $22.1B | $23.1B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | |
| Retained earnings | $11.7B | $12.1B | $12.6B | $13.2B | $13.8B | $14.2B | $14.7B | $15.3B | $15.8B | $16.3B | $16.9B | $17.7B | |
| Accumulated other comprehensive income | -$228M | -$279M | -$292M | -$237M | -$405M | -$384M | -$254M | -$283M | -$249M | -$272M | -$307M | -$297M | |
| Shareholders' equity | $8.13B | $8.12B | $8.28B | $8.58B | $8.62B | $8.79B | $9.04B | $9B | $8.97B | $8.97B | $9.22B | $9.7B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $12.7B | $13.4B | $13.9B | $14.4B | $14.8B | $14B | $14.5B | $15.2B | $16.5B | $15B | $15.4B | $15.9B | |
| Net debt (debt - cash) | $12.3B | $12.9B | $13.4B | $13.9B | $14.3B | $13.5B | $13.9B | $14.7B | $16B | $14.9B | $15.3B | $15.7B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $312M | $352M | $43M | $52M | $202M | $144M | $106M | $363M | $457M | $459M | |
| Receivables | $920M | $1.23B | $1.55B | $1.58B | $1.32B | $1.68B | $2B | $2.24B | $2.41B | $2.51B | |
| Inventory | $68M | $75M | $109M | $120M | $125M | $164M | $232M | $205M | $200M | $240M | |
| Other current assets | $0 | $0 | $0 | $50M | $42M | $60M | $90M | $62M | $90M | $399M | |
| Current assets | $1.36B | $1.77B | $1.76B | $1.84B | $2.02B | $2.15B | $2.72B | $2.93B | $3.25B | $3.61B | |
| Property, plant & equipment (net) | $6.62B | $8.29B | $10.2B | $11.1B | $10B | $12B | $14.9B | $16B | $17.3B | $2.53B | |
| Long-term investments | -$164M | -$292M | -$572M | -$629M | $0 | $0 | -$656M | $0 | $0 | $0 | |
| Goodwill | $3.26B | $4.08B | $5.06B | $5.15B | $5.17B | $5.53B | $6.03B | $5.94B | $6.9B | $7.12B | |
| Intangible assets | $742M | $875M | $1.08B | $895M | $648M | $615M | $452M | $670M | $663M | $477M | |
| Deferred tax assets | $164M | $292M | $572M | $629M | $0 | $0 | $656M | $0 | $0 | $0 | |
| Other non-current assets | $6M | $10M | $16M | $19M | $38M | $42M | $47M | $43M | $49M | $16.1B | |
| Non-current assets | $10.6B | $13.3B | $16.4B | $17.1B | $15.9B | $18.1B | $21.5B | $22.7B | $24.9B | $26.3B | |
| Total assets | $12B | $15B | $18.1B | $19B | $17.9B | $20.3B | $24.2B | $25.6B | $28.2B | $29.9B | |
| Liabilities | |||||||||||
| Accounts payable | $243M | $409M | $536M | $454M | $466M | $816M | $1.14B | $905M | $748M | $776M | |
| Accrued expenses | $119M | $181M | $216M | $229M | $217M | $221M | $272M | $325M | $367M | $0 | |
| Short-term debt | $597M | $723M | $903M | $997M | $704M | $906M | $372M | $1.47B | $1.18B | $1.58B | |
| Taxes payable | $23M | $25M | $103M | $26M | $45M | $42M | $113M | $139M | $64M | $0 | |
| Deferred revenue | $40M | $46M | $56M | $55M | $51M | $83M | $131M | $138M | $185M | $0 | |
| Other current liabilities | $162M | $284M | $302M | $259M | $229M | $333M | $418M | $416M | $487M | $1.47B | |
| Current liabilities | $1.18B | $1.67B | $2.12B | $2.2B | $1.89B | $2.6B | $2.45B | $3.64B | $3.32B | $3.82B | |
| Long-term debt | $7.19B | $8.72B | $10.8B | $10.4B | $8.98B | $8.78B | $11.1B | $10.1B | $12.2B | $13.8B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $533M | $549M | $621M | $714M | $895M | $1.09B | $1.12B | |
| Deferred tax liabilities | $1.9B | $1.42B | $1.69B | $1.89B | $1.77B | $2.15B | $2.67B | $2.7B | $2.69B | $3.12B | |
| Other non-current liabilities | $67M | $120M | $83M | $91M | $138M | $144M | $154M | $173M | $216M | -$936M | |
| Non-current liabilities | $9.16B | $10.3B | $12.6B | $12.9B | $11.4B | $11.7B | $14.7B | $13.8B | $16.2B | $17.1B | |
| Total liabilities | $10.3B | $11.9B | $14.7B | $15.1B | $13.3B | $14.3B | $17.1B | $17.5B | $19.5B | $20.9B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | |
| Retained earnings | $1.65B | $3.01B | $4.1B | $5.28B | $6.17B | $7.55B | $9.66B | $11.7B | $13.8B | $15.8B | |
| Accumulated other comprehensive income | -$218M | -$151M | -$237M | -$186M | -$146M | -$171M | -$264M | -$228M | -$405M | -$249M | |
| Shareholders' equity | $1.65B | $3.11B | $3.4B | $3.83B | $4.55B | $5.99B | $7.06B | $8.13B | $8.62B | $8.97B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $7.79B | $9.44B | $11.7B | $12.1B | $10.4B | $10.5B | $12.2B | $12.7B | $14.8B | $16.5B | |
| Net debt (debt - cash) | $7.48B | $9.09B | $11.7B | $12.1B | $10.2B | $10.4B | $12.1B | $12.3B | $14.3B | $16B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01