United Rentals, Inc. (BIT:1URI)

United Rentals Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	2,494	2,575	2,424	2,105	1,386
Depreciation & Amortization	3,108	2,903	2,781	2,217	1,983
Stock-Based Compensation	134	112	94	127	119
Other Adjustments	-267	-779	-767	-40	-150
Change in Receivables	-120	-20	-167	-329	-300
Changes in Inventories	-38	15	19	-25	9
Changes in Accounts Payable	-22	-203	-45	304	307
Changes in Accrued Expenses	36	-31	85	238	87
Changes in Other Operating Activities	-135	-27	281	-164	248
Operating Cash Flow	5,190	4,546	4,704	4,433	3,689
Operating Cash Flow Growth	14.17%	-3.36%	6.11%	20.17%	38.79%
Capital Expenditures	-4,528	-4,127	-4,070	-3,690	-3,198
Sale of Property, Plant & Equipment	1,469	1,588	1,634	989	998
Purchases of Investments	-3	-5	-4	-7	-
Payments for Business Acquisitions	-357	-1,655	-574	-2,340	-1,436
Other Investing Activities	50	51	38	32	25
Investing Cash Flow	-3,369	-4,148	-2,976	-5,016	-3,611
Long-Term Debt Issued	11,182	11,609	8,576	9,885	8,364
Long-Term Debt Repaid	-10,529	-9,861	-8,574	-8,241	-8,462
Net Long-Term Debt Issued (Repaid)	653	1,748	2	1,644	-98
Repurchase of Common Stock	-1,969	-1,571	-1,070	-1,068	-34
Net Common Stock Issued (Repurchased)	-1,969	-1,571	-1,070	-1,068	-34
Common Dividends Paid	-464	-434	-406	-	-
Other Financing Activities	-61	-	-17	-24	-8
Financing Cash Flow	-1,841	-274	-1,474	552	-140
Effect of Exchange Rate Changes on Cash and Cash Equivalents	22	-30	3	-7	4
Net Cash Flow	2	94	257	-38	-58
Free Cash Flow	662	419	634	743	491
Free Cash Flow Growth	57.99%	-33.91%	-14.67%	51.32%	-67.27%
FCF Margin	4.11%	2.73%	4.42%	6.38%	5.05%
Free Cash Flow Per Share	10.25	6.29	9.23	10.47	6.74
Levered Free Cash Flow	1,568	2,853	1,477	2,629	724
Unlevered Free Cash Flow	1,389	1,620	1,940	1,308	1,146

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.