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United Rentals

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including an integrated network of 1,504 rental locations in North America, 38 in Europe, 23 in Australia and 19 in New Zealand. In North America, the company operates in 49 U.S. states and Puerto Rico and in every Canadian province. In 2017, United Rentals' revenue totaled more than $ 6.64 billion, with over $ 1.35 billion in
532:. announced that they had entered into a definitive merger agreement, under which United Rentals would acquire RSC in a cash-and-stock transaction. The largest merger in rental equipment history was finalized on April 30, 2012, boosting URI to what was at the time a 13 percent market share of the equipment rental industry. 582:
On October 4, 2017, United Rentals announced it had acquired the assets of Superior Speedie Portable Services, Inc. and Superior Logistics Services, Inc. (together "Superior Speedie"), which includes a fleet of over 8,000 portable toilets and over 130 restroom trailers. This new specialty division is
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On November 15, 2007, the company announced that Cerberus was not prepared to proceed with the purchase on the terms set forth in its merger agreement. Cerberus confirmed that there had not been a material adverse change at United Rentals, which would have let it bow out of the deal without penalty.
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and grew primarily through acquisition. It offers general, aerial, and specialty rentals to a customer base that includes construction and industrial companies; utilities; municipalities; and homeowners. In addition to rentals, the company offers new and used equipment sales, servicing, and safety
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On July 2, 2018, United Rentals announced it had agreed to purchase BakerCorp International for about $ 715 million in cash, enhancing its Pump Solutions division. BakerCorp is a leading provider of tank, pump, filtration, and trench shoring rentals, with about 950 employees, 46 locations in
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company, with about 16 percent of the North American market share as of 2022. It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $ 19.3 billion in original equipment cost (OEC) as of 2022. The company has a combined total of 1,625 locations,
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On October 2, 2017, United Rentals announced it had completed the acquisition of Neff Corporation, a competing general equipment rentals company, for approximately $ 1.3 billion. In the transaction, United Rentals acquired approximately $ 867 million in equipment (based on original
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in a transaction valued at approximately $ 6.6 billion, including the assumption of approximately $ 2.6 billion in debt obligations. URI's board of directors approved the merger agreement and recommended that stockholders do the same.
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United Rentals was founded in September 1997. Then-chairman and CEO Bradley Jacobs planned to grow the company through acquisition and consolidation, beginning in October 1997 with six small leasing companies scattered across North America.
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United Rentals of Canada, Inc., a subsidiary of United Rentals, has agreed to acquire WesternOne Rentals & Sales LP with an all cash purchase of $ 91.8 million. The acquisition will add 330 employees and twelve locations in
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Since 2019, United Rentals has been led by Matthew Flannery (President & CEO), Michael Durand (Executive Vice President & COO), and Ted Grace (Executive Vice President & CFO). The company is headquartered in
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ruling denied United Rentals' attempt to force Cerberus to follow through on the takeover bid. However, the court did order Cerberus to pay the $ 100 million termination fee stipulated in the original agreement.
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In June 1998, it acquired U.S. Rentals, Inc., for a sum variously reported as $ 1.2 billion and $ 1.31 billion. The acquisition made United Rentals the largest equipment rental company in North America.
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On December 7, 2022, United Rentals completed the acquisition of Ahern Rentals, Inc. for approximately $ 2.0 billion in cash, adding Ahern's 106 rental facilities and approximately 66,000 rental assets.
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On January 25, 2017, United Rentals announced the purchase of NES Rentals, a competing general equipment rentals company, for approximately $ 965 million. It completed the acquisition on April 3, 2017.
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for about $ 2.1 billion in cash. BlueLine has 114 locations in 25 US states, Canada, and Puerto Rico, and approximately 46,000 rental assets marketed primarily to mid-sized and local accounts.
594:, one of the top ten rental equipment companies in North America, to its growing list of acquisitions. United Rentals' board of directors unanimously approved the deal to purchase BlueLine from 429:
includes temporary power generators and mobile climate control. These devices are often used during commercial renovations, on television and movie sets, or in response to natural disasters.
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North America, and another 11 locations in Europe. Following the transaction, United Rentals changed the name of its Pump Solutions division to United Rentals Fluid Solutions.
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500. Based on its 2013 revenues of $ 4.955 billion, the company was ranked exactly 500th. It had previously made it as high as 517 in 2002, before falling back down.
413:, homeowner equipment, and similar devices. Together, these are considered general and aerial rentals, and they make up the bulk of URI's rental fleet and customer base. 2222: 2187: 1365: 458:
involve the renting of portable radios. United Rentals is an authorized dealer for Motorola and can provide a variety of handheld and portable radio solutions.
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includes shoring equipment for excavation in confined spaces and below-ground construction sites, and the training necessary to safely handle such equipment.
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for $ 780 million. This made United Rentals the second-largest pump rental company in North America. The transaction was finalized on March 31, 2014.
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include the devices and supplies necessary for transferring, containing or removing liquids. They tend to have applications in mining and agriculture.
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involve providing drone services to scope out job sites and survey projects. Can be used on anything from large job sites to nuclear silos, etc.
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involve renting out trailers stocked with tools and supplies. They are often used at large construction sites or during refinery shutdowns.
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On March 15, 2024, United Access completed the acquisition of Yak Access, Yak Mat and New South Access & Environmental Solutions from
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involve the renting of portable toilets, restroom and shower trailers and, as of 2021, mobile and modular offices and mobile storage.
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On August 22, 2017, United Rentals announced it had acquired all power generation assets, primarily mobile generator sets, from
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On December 26, 2006, United Rentals announced the sale of their Highway Technology division to HTS Acquisition, Inc.
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involve the renting of equipment that covers anything from movie production to large events like the Super Bowl.
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Global 2000 list of the world's largest public companies, and is the world's largest equipment rental company.
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To maintain fleet and customer service continuity, a small number of Cummins employees joined United Rentals.
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involve wood and composite matting for protecting surfaces during construction and maintenance.
2207: 2023: 1922: 1789: 1671: 1646: 540: 382: 87: 1960: 1899: 1656: 1624: 1599: 883:"Matthew Flannery, New Chief Executive Officer of United Rentals, Appoints Leadership Team" 402: 292: 265: 238: 211: 184: 8: 2104: 2018: 1945: 1774: 1769: 1691: 1366:"United Rentals Expands Power & HVAC Fleet with Acquisition of Portable Power Assets" 401:
United Rentals is primarily a provider of construction and industrial equipment: trucks,
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On July 23, 2007, United Rentals announced a definitive agreement to sell itself to
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In December 1997, three months after forming, United Rentals began trading on the
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equipment cost) and Neff's 69 rental facility locations in the United States.
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A Dodge Ram 1500 truck & Genie SX-180 Boom lift from United Rentals.
1859: 1759: 1749: 1721: 1636: 1583: 782:"United Rentals acquires Hattiesburg's Yak Access for over $ 1 billion" 353: 225: 59: 1538: 1266: 344: 55: 26: 2134: 1849: 1844: 1799: 1794: 1764: 1441:"United Rentals to acquire BakerCorp for about $ 715 million in cash" 1489:"United Rentals to Acquire WesternOne Rentals in Canada for $ 91.8M" 590:
On September 11, 2018, United Rentals announced an agreement to add
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The company also rents equipment in five primary specialty fields:
1190:"United Rentals Moves Headquarters to Larger Facility in Stamford" 2129: 2084: 1889: 1754: 619: 572: 319: 1980: 1884: 1779: 1734: 1681: 365: 1990: 1965: 1819: 390: 252: 2094: 1970: 1854: 1706: 1414:"United Rentals Acquisition for Reliable Services Division" 1392:"United Rentals Completes Acquisition of Neff Corporation" 910:"10 Stocks That Had Better Decades Than Amazon and Google" 546:
On March 9, 2014, the company announced plans to acquire
156: 128: 1216:"United Rentals to buy National Pump for $ 780 million" 705:"United Rentals Completes Acquisition of Ahern Rentals" 1172:"Merger Complete, Will United and RSC Get A New Name?" 1340:"United Rentals Completes Acquisition of NES Rentals" 1318:"United Rentals to buy NES Rentals for $ 965 million" 553:
In June 2014, United Rentals was first listed on the
389:. In 2019, United Rentals was announced the 6th best 934:"Company and Industry Background First Quarter 2017" 535:
In 2013, United Rentals moved its headquarters from
1121:"United Rentals Concedes Defeat in Cerberus Battle" 776: 774: 169:Construction/industrial rentals, sales, servicing 2179: 1515: 2223:Business services companies established in 1997 2188:Companies listed on the New York Stock Exchange 1096:"United Rentals Sues Cerberus Over Failed Deal" 1071:"United Rentals agrees to $ 6.6 billion buyout" 771: 583:named United Rentals Reliable Onsite Services. 1562: 1014:"Rental Firms to Merge in $ 1.2-Billion Deal" 393:of the 2010s, with a total return of 1,559%. 1315: 560:On September 19, 2014, URI was added to the 1569: 1555: 745: 699: 697: 695: 693: 1576: 1316:Rukmangadhan, Radhika (25 January 2017). 858:"United Rentals - Rankings at Forbes.com" 528:On December 16, 2011, United Rentals and 2198:Companies based in Stamford, Connecticut 1145:"United Rentals to acquire RSC Holdings" 800: 723: 665: 484: 2193:Construction equipment rental companies 1438: 1241:"United Rentals Makes Fortune 500 List" 960: 812:U.S. Securities and Exchange Commission 808:"US SEC: Form 10-K United Rentals, Inc" 731:"US SEC: Form 10-K United Rentals, Inc" 690: 677:U.S. Securities and Exchange Commission 673:"US SEC: Form 10-Q United Rentals, Inc" 652:U.S. Securities and Exchange Commission 640: 2218:American companies established in 1997 2180: 648:"US SEC: Form 8-A United Rentals, Inc" 1550: 1292:"United Rentals Added to S&P 500" 1233: 1169: 984: 982: 451:Additional specialty fields include: 2160: 1491:. LiftandAccess.com. 30 October 2018 13: 2213:1997 establishments in Connecticut 2203:Private equity portfolio companies 1524:Business data for United Rentals: 1394:. businesswire.com. 2 October 2017 979: 926: 14: 2239: 1507: 907: 609:for approximately $ 1.1 billion. 16:American equipment rental company 2159: 2148: 2147: 1730:List of carsharing organizations 990:"History of United Rentals, Inc" 287: 286: 260: 259: 233: 232: 206: 205: 179: 178: 25: 2075:Dollar Thrifty Automotive Group 1481: 1455: 1432: 1406: 1384: 1372:(Press release). 22 August 2017 1358: 1332: 1309: 1284: 1259: 1208: 1182: 1163: 1149: 1138: 1113: 1088: 1063: 1038: 1006: 954: 901: 875: 328:Footnotes / references 1439:Linnane, Ciara (2 July 2018). 961:Sansoni, Silvia (1998-06-01). 850: 825: 1: 2228:1997 initial public offerings 633: 396: 1170:Illia, Tony (May 14, 2012). 405:, counterbalance forklifts, 7: 513:Cerberus Capital Management 372:URI was founded in 1997 by 356:. It is ranked #424 on the 10: 2244: 1805:GetGo (carsharing company) 1075:Rental Management Magazine 480: 462:Sports & Entertainment 2143: 2042: 1999: 1956:Hertz Moving Truck Rental 1936: 1898: 1720: 1582: 612: 326: 314: 304: 277: 250: 223: 196: 173: 165: 101: 83: 65: 43: 33: 24: 520:On December 21, 2007, a 445:Reliable Onsite Services 2014:Combined Motor Holdings 1951:Enterprise Rent-a-Truck 1020:. Reuters. 1998-06-17. 522:Delaware Chancery Court 499:New York Stock Exchange 537:Greenwich, Connecticut 501:under the symbol URI. 490: 71:; 27 years ago 2024:Hertz Global Holdings 1923:Motorhome hire agency 1900:Recreational vehicles 1577:Vehicle rental brands 541:Stamford, Connecticut 488: 403:aerial work platforms 115:Chairman of the Board 60:S&P 500 Component 1176:enr.construction.com 69:August 14, 1997 20:United Rentals, Inc. 2019:Enterprise Holdings 1961:Penske Truck Rental 1946:Budget Truck Rental 1775:Enterprise Car Club 1469:. 11 September 2018 994:fundinguniverse.com 337:United Rentals, Inc 306:Number of employees 108:Michael J. Kneeland 21: 2070:Community CarShare 1760:Communauto/Vrtucar 1267:"Fortune 500 2002" 1125:The New York Times 1100:The New York Times 491: 310:24,700 (2022) 19: 2175: 2174: 2125:Tilden Rent-a-Car 2009:Avis Budget Group 2001:Holding companies 1740:Cambio CarSharing 1467:LiftandAccess.com 1443:. marketwatch.com 1370:unitedrentals.com 1050:unitedrentals.com 1018:Los Angeles Times 963:"The earth mover" 711:. 7 December 2022 562:S&P 500 Index 530:RSC Holdings, Inc 347:) is an American 334: 333: 320:unitedrentals.com 2235: 2163: 2162: 2151: 2150: 2034:Tourism Holdings 1835:Momo Car-Sharing 1662:First Car Rental 1571: 1564: 1557: 1548: 1547: 1519: 1518: 1516:Official website 1501: 1500: 1498: 1496: 1485: 1479: 1478: 1476: 1474: 1459: 1453: 1452: 1450: 1448: 1436: 1430: 1429: 1427: 1425: 1420:. 4 October 2017 1410: 1404: 1403: 1401: 1399: 1388: 1382: 1381: 1379: 1377: 1362: 1356: 1355: 1353: 1351: 1336: 1330: 1329: 1327: 1325: 1313: 1307: 1306: 1304: 1303: 1288: 1282: 1281: 1279: 1278: 1263: 1257: 1256: 1254: 1252: 1237: 1231: 1230: 1228: 1227: 1212: 1206: 1205: 1203: 1201: 1186: 1180: 1179: 1167: 1161: 1159:, April 30, 2012 1153: 1147: 1142: 1136: 1135: 1133: 1132: 1117: 1111: 1110: 1108: 1107: 1092: 1086: 1085: 1083: 1082: 1067: 1061: 1060: 1058: 1057: 1042: 1036: 1035: 1033: 1032: 1010: 1004: 1003: 1001: 1000: 986: 977: 976: 974: 973: 958: 952: 951: 949: 948: 938: 930: 924: 923: 921: 920: 905: 899: 898: 896: 894: 879: 873: 872: 870: 868: 854: 848: 847: 845: 843: 833:"United Rentals" 829: 823: 822: 820: 818: 804: 798: 797: 795: 793: 786:Magnolia Tribune 778: 769: 768: 766: 764: 749: 743: 742: 740: 738: 733:. United Rentals 727: 721: 720: 718: 716: 709:businesswire.com 701: 688: 687: 685: 683: 669: 663: 662: 660: 658: 644: 624:British Columbia 474:Matting services 427:Power & HVAC 409:, earth movers, 363:, #1183 on the 349:equipment rental 322: 300: 299: 296: 290: 289: 282: 273: 272: 269: 263: 262: 255: 246: 245: 242: 236: 235: 219: 218: 215: 209: 208: 199:Operating income 192: 191: 188: 182: 181: 161: 160: 151: 147: 146: 137: 133: 132: 123: 122:Matthew Flannery 119: 118: 109: 79: 77: 72: 29: 22: 18: 2243: 2242: 2238: 2237: 2236: 2234: 2233: 2232: 2178: 2177: 2176: 2171: 2139: 2038: 1995: 1932: 1894: 1875:Uhaul Car Share 1716: 1578: 1575: 1543: 1514: 1513: 1510: 1505: 1504: 1494: 1492: 1487: 1486: 1482: 1472: 1470: 1461: 1460: 1456: 1446: 1444: 1437: 1433: 1423: 1421: 1418:capechamber.com 1412: 1411: 1407: 1397: 1395: 1390: 1389: 1385: 1375: 1373: 1364: 1363: 1359: 1349: 1347: 1338: 1337: 1333: 1323: 1321: 1314: 1310: 1301: 1299: 1290: 1289: 1285: 1276: 1274: 1265: 1264: 1260: 1250: 1248: 1239: 1238: 1234: 1225: 1223: 1214: 1213: 1209: 1199: 1197: 1196:. June 28, 2013 1188: 1187: 1183: 1168: 1164: 1157:Equipment World 1154: 1150: 1143: 1139: 1130: 1128: 1119: 1118: 1114: 1105: 1103: 1094: 1093: 1089: 1080: 1078: 1069: 1068: 1064: 1055: 1053: 1052:(Press release) 1044: 1043: 1039: 1030: 1028: 1012: 1011: 1007: 998: 996: 988: 987: 980: 971: 969: 959: 955: 946: 944: 936: 932: 931: 927: 918: 916: 914:www.barrons.com 906: 902: 892: 890: 881: 880: 876: 866: 864: 856: 855: 851: 841: 839: 831: 830: 826: 816: 814: 806: 805: 801: 791: 789: 788:. April 1, 2024 780: 779: 772: 762: 760: 759:. 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Finance 1331: 1308: 1283: 1258: 1247:. June 6, 2014 1232: 1207: 1181: 1162: 1148: 1137: 1112: 1087: 1062: 1037: 1005: 978: 953: 941:United Rentals 925: 900: 874: 849: 824: 799: 770: 744: 722: 689: 664: 638: 637: 635: 632: 614: 611: 482: 479: 478: 477: 471: 468:Drone Services 465: 459: 456:Radio Services 449: 448: 442: 436: 433:Tool solutions 430: 424: 398: 395: 332: 331: 324: 323: 316: 312: 311: 308: 305: 302: 301: 283: 275: 274: 268:25.589 billion 256: 248: 247: 229: 224: 221: 220: 202: 197: 194: 193: 187:14.332 billion 175: 171: 170: 167: 163: 162: 136:Michael Durand 105: 102: 99: 98: 85: 81: 80: 67: 63: 62: 49: 44: 41: 40: 35: 31: 30: 15: 9: 6: 4: 3: 2: 2240: 2229: 2226: 2224: 2221: 2219: 2216: 2214: 2211: 2209: 2206: 2204: 2201: 2199: 2196: 2194: 2191: 2189: 2186: 2185: 2183: 2168: 2167: 2158: 2156: 2155: 2146: 2145: 2142: 2136: 2133: 2131: 2128: 2126: 2123: 2121: 2118: 2116: 2113: 2111: 2108: 2106: 2103: 2101: 2098: 2096: 2093: 2091: 2088: 2086: 2083: 2081: 2078: 2076: 2073: 2071: 2068: 2066: 2065:City CarShare 2063: 2061: 2058: 2056: 2053: 2051: 2048: 2047: 2045: 2041: 2035: 2032: 2030: 2027: 2025: 2022: 2020: 2017: 2015: 2012: 2010: 2007: 2006: 2004: 2002: 1998: 1992: 1989: 1987: 1984: 1982: 1979: 1977: 1974: 1972: 1969: 1967: 1964: 1962: 1959: 1957: 1954: 1952: 1949: 1947: 1944: 1943: 1941: 1939: 1935: 1929: 1926: 1924: 1921: 1919: 1916: 1914: 1913:Indie Campers 1911: 1909: 1906: 1905: 1903: 1901: 1897: 1891: 1888: 1886: 1883: 1881: 1878: 1876: 1873: 1871: 1868: 1866: 1863: 1861: 1858: 1856: 1853: 1851: 1848: 1846: 1843: 1841: 1838: 1836: 1833: 1831: 1828: 1826: 1823: 1821: 1818: 1816: 1813: 1811: 1810:Gig Car Share 1808: 1806: 1803: 1801: 1798: 1796: 1793: 1791: 1788: 1786: 1785:Evo Car Share 1783: 1781: 1778: 1776: 1773: 1771: 1768: 1766: 1763: 1761: 1758: 1756: 1753: 1751: 1748: 1746: 1745:Car Next Door 1743: 1741: 1738: 1736: 1733: 1731: 1728: 1727: 1725: 1723: 1719: 1713: 1710: 1708: 1705: 1703: 1700: 1698: 1695: 1693: 1690: 1688: 1685: 1683: 1680: 1678: 1675: 1673: 1670: 1668: 1665: 1663: 1660: 1658: 1655: 1653: 1650: 1648: 1645: 1643: 1640: 1638: 1635: 1633: 1630: 1626: 1623: 1621: 1618: 1617: 1616: 1613: 1611: 1608: 1606: 1603: 1601: 1598: 1596: 1593: 1590: 1589: 1587: 1585: 1581: 1572: 1567: 1565: 1560: 1558: 1553: 1552: 1549: 1540: 1537: 1535: 1532: 1530: 1527: 1526: 1523: 1522: 1517: 1512: 1511: 1490: 1484: 1468: 1464: 1458: 1442: 1435: 1419: 1415: 1409: 1393: 1387: 1371: 1367: 1361: 1345: 1341: 1335: 1319: 1312: 1297: 1293: 1287: 1272: 1268: 1262: 1246: 1242: 1236: 1221: 1217: 1211: 1195: 1191: 1185: 1177: 1173: 1166: 1160: 1158: 1152: 1146: 1141: 1126: 1122: 1116: 1101: 1097: 1091: 1077:. 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Reuters 1026:0458-3035 792:April 13, 737:April 13, 150:Ted Grace 46:Traded as 2154:Category 2115:ReachNow 2080:DriveNow 2055:Bluecity 2050:Autolib' 1976:TR Group 1865:Sunfleet 1840:MylesCar 1790:Flexicar 1692:National 1687:Localiza 1652:Europcar 1376:15 March 1251:June 16, 763:July 31, 628:Manitoba 383:Stamford 166:Products 88:Stamford 2166:Commons 2130:Whizzgo 2085:Flexcar 2043:Defunct 1890:Zoomcar 1755:Cityhop 1712:Thrifty 1697:Payless 1657:Firefly 1447:30 July 1350:5 April 1271:Fortune 1220:Reuters 1200:May 22, 837:Fortune 620:Alberta 555:Fortune 481:History 359:Fortune 343::  315:Website 174:Revenue 74: ( 66:Founded 54::  1981:U-Haul 1885:Zipcar 1780:EvCard 1735:BlueSG 1682:Kemwel 1642:Dollar 1632:Budget 1620:Europe 1591:24Rent 1539:Yahoo! 1529:Google 1024:  967:Forbes 893:May 9, 867:May 7, 862:Forbes 626:, and 613:Canada 366:Forbes 354:profit 298:(2023) 271:(2023) 244:(2023) 217:(2023) 190:(2023) 38:Public 2105:Maven 2060:Citer 1991:Zigup 1966:Ryder 1820:GoGet 1815:GoCar 1770:Enjoy 1672:Hertz 1605:Alamo 937:(PDF) 539:, to 391:stock 2095:I-GO 1971:Sixt 1918:JUCY 1870:Turo 1855:Sixt 1830:Modo 1707:Sixt 1677:JUCY 1615:Avis 1497:2018 1475:2018 1449:2018 1426:2018 1400:2017 1378:2018 1352:2017 1326:2017 1253:2014 1202:2020 1022:ISSN 895:2018 869:2018 844:2018 819:2018 794:2024 765:2023 739:2024 717:2022 684:2019 659:2019 341:NYSE 293:US$ 266:US$ 239:US$ 212:US$ 185:US$ 96:U.S. 52:NYSE 1595:ACE 361:500 345:URI 157:CFO 143:COO 129:CEO 56:URI 2184:: 1465:. 1416:. 1368:. 1342:. 1294:. 1269:. 1243:. 1218:. 1192:. 1174:. 1123:. 1098:. 1073:. 1048:. 1016:. 992:. 981:^ 965:. 939:. 912:. 885:. 860:. 835:. 810:. 784:. 773:^ 755:. 707:. 692:^ 675:. 650:. 630:. 622:, 564:. 543:. 385:, 94:, 90:, 1570:e 1563:t 1556:v 1499:. 1477:. 1451:. 1428:. 1402:. 1380:. 1354:. 1328:. 1305:. 1280:. 1255:. 1229:. 1204:. 1178:. 1134:. 1109:. 1084:. 1059:. 1034:. 1002:. 975:. 950:. 922:. 897:. 871:. 846:. 821:. 796:. 767:. 741:. 719:. 686:. 661:. 339:( 159:) 155:( 145:) 141:( 131:) 127:( 117:) 113:( 78:)

Index


Public
Traded as
NYSE
URI
S&P 500 Component
Stamford
Connecticut
U.S.
Chairman of the Board
CEO
COO
CFO
US$
Operating income
US$
Net income
US$
Total assets
US$
Total equity
US$
unitedrentals.com
NYSE
URI
equipment rental
profit
Fortune 500
Forbes
Brad Jacobs

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