United Rentals (URI) Financials

United Rentals Inc (URI) is a leading equipment rental company in North America. With a diverse fleet of equipment and a strong customer base, the company has been able to generate substantial revenues and profit over the years. In its most recent fiscal year, United Rentals reported total revenue of $9.4 billion, a 17% increase compared to the previous year. This growth can be attributed to both higher rental rates and increased demand for equipment across various industries.

The company's gross profit margin stood at 45%, indicating its ability to generate significant profits from its rental operations. United Rentals also reported EBITDA of $3.4 billion, which reflects its operating income before interest, taxes, depreciation, and amortization. This measure is commonly used to assess a company's profitability and cash flow generation.

In terms of financial health, United Rentals has a strong balance sheet. The company's total assets amounted to $19.6 billion, while total liabilities stood at $12.9 billion. This gives United Rentals a healthy stockholders' equity of $6.7 billion, indicating a solid financial position and ability to meet its long-term obligations.

United Rentals also maintains a prudent approach to managing its debt. The company's total debt stood at $13.5 billion, which includes both current and long-term debt. However, United Rentals has been successful in reducing its net debt, which is the difference between total debt and cash equivalents. This demonstrates the company's ability to generate sufficient cash flow to pay down its debt obligations.

In terms of cash flow, United Rentals reported operating cash flow of $2.7 billion. This reflects the cash generated from its core rental operations. The company also reported positive free cash flow of $1.8 billion, which represents the cash flow available to the company after accounting for capital expenditures. This strong free cash flow enables United Rentals to invest in its business, pursue strategic acquisitions, and return capital to its shareholders.

Overall, United Rentals Inc (URI) has a strong financial position and a track record of delivering solid financial results. With its diverse fleet of equipment and a large customer base, the company is well-positioned to capitalize on the growing demand for equipment rental services. United Rentals continues to focus on driving profitable growth and creating long-term value for its shareholders.