United Rentals Inc
NYSE:URI
Intrinsic Value
United Rentals, Inc. engages in the equipment rental business. [ Read More ]
The intrinsic value of one URI stock under the Base Case scenario is 640.16 USD. Compared to the current market price of 719.81 USD, United Rentals Inc is Overvalued by 11%.
Valuation Backtest
United Rentals Inc
Run backtest to discover the historical profit from buying and selling URI stocks based on their intrinsic value.
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Fundamental Analysis
Solid Performance with Optimistic 2024 Guidance
2023-Q4 Earnings Call
The company has reported a 16% increase in adjusted earnings per share to $11.26 and is generating strong free cash flow, boasting $2.3 billion and a margin of 16.1%. In 2023, more than $1.4 billion was returned to shareholders through buybacks and dividends. Looking ahead to 2024, they provide guidance for total revenue between $14.65 billion to $15.15 billion, suggesting a 4% growth at the midpoint. The forecast includes $2 billion to $2.2 billion in free cash flow and repurchasing $1.5 billion of common stock, an increase from the previous year, with an overall goal of returning over $1.9 billion to shareholders.
Balance Sheet Decomposition
United Rentals Inc
Current Assets | 2.9B |
Cash & Short-Term Investments | 363m |
Receivables | 2.2B |
Other Current Assets | 335m |
Non-Current Assets | 22.7B |
PP&E | 16B |
Intangibles | 6.6B |
Other Non-Current Assets | 43m |
Current Liabilities | 3.6B |
Accounts Payable | 905m |
Accrued Liabilities | 1.3B |
Other Current Liabilities | 1.5B |
Non-Current Liabilities | 13.8B |
Long-Term Debt | 10.1B |
Other Non-Current Liabilities | 3.8B |
Earnings Waterfall
United Rentals Inc
Revenue
|
14.3B
USD
|
Cost of Revenue
|
-8.5B
USD
|
Gross Profit
|
5.8B
USD
|
Operating Expenses
|
-2B
USD
|
Operating Income
|
3.8B
USD
|
Other Expenses
|
-1.4B
USD
|
Net Income
|
2.4B
USD
|
Free Cash Flow Analysis
United Rentals Inc
What is Free Cash Flow?
URI Profitability Score
Profitability Due Diligence
United Rentals Inc's profitability score is 64/100. The higher the profitability score, the more profitable the company is.
Score
United Rentals Inc's profitability score is 64/100. The higher the profitability score, the more profitable the company is.
URI Solvency Score
Solvency Due Diligence
United Rentals Inc's solvency score is 39/100. The higher the solvency score, the more solvent the company is.
Score
United Rentals Inc's solvency score is 39/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
URI Price Targets Summary
United Rentals Inc
According to Wall Street analysts, the average 1-year price target for URI is 632.63 USD with a low forecast of 404 USD and a high forecast of 782.25 USD.
Ownership
URI Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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9 Months |
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12 Months |
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Shareholder Return
URI Price
United Rentals Inc
Average Annual Return | 34.46% |
Standard Deviation of Annual Returns | 18.58% |
Max Drawdown | -59% |
Market Capitalization | 48.4B USD |
Shares Outstanding | 67 191 600 |
Percentage of Shares Shorted | 4.57% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
United Rentals, Inc. engages in the equipment rental business. The company is headquartered in Stamford, Connecticut and currently employs 20,400 full-time employees. The firm operates through two segments: general rentals and specialty. The general rentals segment includes the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. The general rentals segment’s customers include construction and industrial companies, manufacturers, utilities, municipalities and homeowners. The specialty segment includes the rental of specialty construction products, such as trench safety equipment; power and heating, ventilation, and air conditioning (HVAC) equipment; fluid solutions equipment, and mobile storage equipment and modular office space. The specialty segment’s customers include construction companies engaged in infrastructure projects, municipalities and industrial companies. The company operates throughout the United States, Canada, Europe, Australia and New Zealand. Its subsidiary is United Rentals (North America), Inc.
Contact
IPO
Employees
Officers
The intrinsic value of one URI stock under the Base Case scenario is 640.16 USD.
Compared to the current market price of 719.81 USD, United Rentals Inc is Overvalued by 11%.