United Rentals, Inc. (URI)
NYSE: URI · Real-Time Price · USD
1,137.52
-25.32 (-2.18%)
Aug 10, 2026, 4:00 PM EDT - Market closed
United Rentals Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,638 | 2,494 | 2,575 | 2,424 | 2,105 | 1,386 |
Depreciation & Amortization | 3,213 | 3,108 | 2,903 | 2,781 | 2,217 | 1,983 |
Stock-Based Compensation | 143 | 134 | 112 | 94 | 127 | 119 |
Other Adjustments | 30 | -267 | -779 | -767 | -40 | -150 |
Change in Receivables | -397 | -120 | -20 | -167 | -329 | -300 |
Changes in Inventories | -51 | -38 | 15 | 19 | -25 | 9 |
Changes in Accounts Payable | 72 | -22 | -203 | -45 | 304 | 307 |
Changes in Accrued Expenses | 134 | 36 | -31 | 85 | 238 | 87 |
Changes in Other Operating Activities | 9 | -135 | -27 | 281 | -164 | 248 |
Operating Cash Flow | 5,742 | 5,190 | 4,546 | 4,704 | 4,433 | 3,689 |
Operating Cash Flow Growth | 14.72% | 14.17% | -3.36% | 6.11% | 20.17% | 38.79% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -5,110 | -4,528 | -4,127 | -4,070 | -3,690 | -3,198 |
Sale of Property, Plant & Equipment | 1,450 | 1,469 | 1,588 | 1,634 | 989 | 998 |
Purchases of Investments | -2 | -3 | -5 | -4 | -7 | - |
Cash Acquisitions | -741 | -357 | -1,655 | -574 | -2,340 | -1,436 |
Other Investing Activities | 50 | 50 | 51 | 38 | 32 | 25 |
Investing Cash Flow | -4,268 | -3,369 | -4,148 | -2,976 | -5,016 | -3,611 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 10,856 | 11,182 | 11,609 | 8,576 | 9,885 | 8,364 |
Long-Term Debt Repaid | -10,171 | -10,529 | -9,861 | -8,574 | -8,241 | -8,462 |
Net Long-Term Debt Issued (Repaid) | 685 | 653 | 1,748 | 2 | 1,644 | -98 |
Repurchase of Common Stock | -2,065 | -1,969 | -1,571 | -1,070 | -1,068 | -34 |
Net Common Stock Issued (Repurchased) | -2,065 | -1,969 | -1,571 | -1,070 | -1,068 | -34 |
Common Dividends Paid | -477 | -464 | -434 | -406 | - | - |
Other Financing Activities | -43 | -61 | - | -17 | -24 | -8 |
Financing Cash Flow | -1,900 | -1,841 | -274 | -1,474 | 552 | -140 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -10 | 22 | -30 | 3 | -7 | 4 |
Net Cash Flow | -436 | 2 | 94 | 257 | -38 | -58 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 632 | 662 | 419 | 634 | 743 | 491 |
Free Cash Flow Growth | 4.29% | 57.99% | -33.91% | -14.67% | 51.32% | -67.27% |
FCF Margin | 3.75% | 4.11% | 2.73% | 4.42% | 6.38% | 5.05% |
Free Cash Flow Per Share | 9.97 | 10.25 | 6.29 | 9.23 | 10.47 | 6.74 |
Levered Free Cash Flow | 1,590 | 1,568 | 2,853 | 1,477 | 2,629 | 724 |
Unlevered Free Cash Flow | 1,395 | 1,389 | 1,620 | 1,940 | 1,308 | 1,146 |