United Rentals Inc - Company Profile
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United Rentals Inc (United Rentals) is an equipment rental company that provides construction and industrial rental equipment; aerial work platforms; power and HVAC equipment; trench safety equipment; fluid solutions equipment; tools and light equipment for sale as well as for renting purposes. It also offers on-site maintenance and repair services, maintenance shutdown and turnaround services; and online platforms for customers, which provide access to equipment catalogue and manage and monitor their equipment needs. The company serves manufacturing, utilities, homeowners, municipalities, construction and industrial companies and government firms. The company has operations in the US, Canada, Germany, France, Belgium, Australia, the Netherlands, and the UK. United Rentals is headquartered in Stamford, Connecticut, the US.
Headquarters
United States of America
Address
Suite 700, 100 First Stamford Place, Connecticut, 06902
Website
www.unitedrentals.com
Telephone
1 203 6223131
No of Employees
26,300
Industry
Business and Consumer Services
Ticker Symbol & Exchange
URI (NYSE)
Revenue (2023)
$14.3B
23.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
15.2%
(2023 vs 2022)
Market Cap*
$42.5B
Net Profit Margin (2023)
XYZ
-6.5%
(2023 vs 2022)
* As of and is in US$
United Rentals Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Utility Vehicles | Repair | Total Control |
| Towable Light Towers | Maintenance | UR Control |
| Vertical Lifts | Owned Equipment Service | United Guard |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In March, the company acquired Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC from Platinum Equity for US$1.1 billion. |
| 2024 | New Products/Services | In January, the company launched a next-generation access management solution. |
| 2023 | New Products/Services | In December, the company launched equipment access management capabilities and enhanced rental experience within the United Rentals Mobile App. |
Competitor Comparison
| Key Parameters | United Rentals Inc | H&E Equipment Services Inc | American Equipment Co Inc | Herc Rentals Inc | Maxim Crane Works, L.P. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Stamford | Baton Rouge | Greenville | Bonita Springs | Wilder |
| State/Province | Connecticut | Louisiana | South Carolina | Florida | Kentucky |
| No. of Employees | 26,300 | 2,765 | 400 | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Matthew J. Flannery | Chief Executive Officer; Director; President | Executive Board | 2019 | 58 |
| William Grace | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | 51 |
| Michael Durand | Executive Vice President; Chief Operating Officer | Senior Management | 2023 | - |
| Daniel T. Higgins | Vice President; Chief Information Officer | Senior Management | - | - |
| Craig A. Pintoff | Executive Vice President; Chief Administrative Officer | Senior Management | 2017 | 53 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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