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0.00444569636996031 -0.00535198158036546 -0.0226448831626905 -0.00798510752951548 -0.0164356047616714 -0.0116592367608876 -0.0078014010679469 -0.0116347425660119
Stock impact report

United Rentals Announces Record Third Quarter Results and Reaffirms Mid-Points of 2024 Guidance

United Rentals, Inc. (URI) 
Last united rentals, inc. earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced financial results for the third quarter of 2024 and reaffirmed, at mid-point, its 2024 outlook, while narrowing the outlook ranges for revenue, adjusted EBITDA1, rental capital expenditures and net cash provided by operating activities.Third Quarter 2024 HighlightsTotal revenue of $3.992 billion, including rental revenue2 of $3.463 billion.Net income of $708 million, at a margin3 of 17.7%. GAAP diluted earnings per share of $10.70, and adjusted EPS1 of $11.80.Adjusted EBITDA of $1.904 billion, at a margin3 of 47.7%.Year-over-year, fleet productivity4 increased 3.5%. Excluding the impact of the Yak5 acquisition, fleet productivity increased 1.9% year-over-year.Year-to-date net cash provided by operating activities of $3.498 billion; free cash flow1 of $1.211 billion, including gross payments for purchases of rental equipment of $3.178 billion.Year-to-date gross rental capital expenditures of $3.287 b Show less Read more
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