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United Rentals Valuation Multiples
Discover revenue and EBITDA valuation multiples for United Rentals and similar public comparables like Ashtead Group, FTAI Aviation, AerCap, Cintas and more.
United Rentals Overview
About United Rentals
United Rentals is the worldβs largest equipment rental company, principally operating in the US and Canada. It has 16% share in a highly fragmented market serving general industrial (49%), commercial construction (46%), and residential construction (5%). The company operates a $21 billion fleet of equipment, including aerial platforms, forklifts, excavators, trucks, power generators, and various other materials serving local and national accounts from nearly 1,600 locations in North America and 100 abroad. It has pursued a strategy of bundling specialty rental capabilities to offer its customers more advanced solutions in addition to its core equipment rental business, supporting its ambitions to become a one-stop shop for customers and enhance and maintain its margin profile.
Founded
1998
HQ

Employees
28.5K
Website
Sectors
Financials (LTM)
EV
$67B
United Rentals Financials
United Rentals reported last 12-month revenue of $16B and EBITDA of $7B.
In the same LTM period, United Rentals generated $7B in gross profit, $7B in EBITDA, and $3B in net income.
Revenue (LTM)
United Rentals P&L
In the most recent fiscal year, United Rentals reported revenue of $16B and EBITDA of $7B.
United Rentals expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $16B | XXX | $16B | XXX | XXX | XXX |
| Gross Profit | $7B | XXX | $6B | XXX | XXX | XXX |
| Gross Margin | 42% | XXX | 38% | XXX | XXX | XXX |
| EBITDA | $7B | XXX | $7B | XXX | XXX | XXX |
| EBITDA Margin | 45% | XXX | 46% | XXX | XXX | XXX |
| EBIT Margin | 25% | XXX | 25% | XXX | XXX | XXX |
| Net Profit | $3B | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 16% | XXX | 15% | XXX | XXX | XXX |
| Net Debt | β | β | $14B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
United Rentals Stock Performance
United Rentals has current market cap of $52B, and enterprise value of $67B.
Market Cap Evolution
United Rentals' stock price is $820.58.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $67B | $52B | 0.0% | XXX | XXX | XXX | $39.59 |
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Start Free TrialUnited Rentals Valuation Multiples
United Rentals trades at 4.1x EV/Revenue multiple, and 9.0x EV/EBITDA.
EV / Revenue (LTM)
United Rentals Financial Valuation Multiples
As of April 2, 2026, United Rentals has market cap of $52B and EV of $67B.
Equity research analysts estimate United Rentals' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
United Rentals has a P/E ratio of 20.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $52B | XXX | $52B | XXX | XXX | XXX |
| EV (current) | $67B | XXX | $67B | XXX | XXX | XXX |
| EV/Revenue | 4.1x | XXX | 4.2x | XXX | XXX | XXX |
| EV/EBITDA | 9.0x | XXX | 9.1x | XXX | XXX | XXX |
| EV/EBIT | 16.1x | XXX | 16.5x | XXX | XXX | XXX |
| EV/Gross Profit | 9.7x | XXX | 10.9x | XXX | XXX | XXX |
| P/E | 20.2x | XXX | 20.7x | XXX | XXX | XXX |
| EV/FCF | 30.5x | XXX | 30.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified United Rentals Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


United Rentals Margins & Growth Rates
United Rentals' revenue in the last 12 month grew by 7%.
United Rentals' revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.1M for the same period.
United Rentals' rule of 40 is 51% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
United Rentals' rule of X is 61% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
United Rentals Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 45% | XXX | 46% | XXX | XXX | XXX |
| EBITDA Growth | 6% | XXX | 5% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 51% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 61% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.1M | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 13% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
United Rentals Public Comps
See public comps and valuation multiples for other Leasing & Rental Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Ashtead Group | XXX | XXX | XXX | XXX | XXX | XXX |
| FTAI Aviation | XXX | XXX | XXX | XXX | XXX | XXX |
| AerCap | XXX | XXX | XXX | XXX | XXX | XXX |
| Cintas | XXX | XXX | XXX | XXX | XXX | XXX |
| Localiza | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
United Rentals M&A Activity
United Rentals acquired XXX companies to date.
Last acquisition by United Rentals was on XXXXXXXX, XXXXX. United Rentals acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by United Rentals
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialUnited Rentals Investment Activity
United Rentals invested in XXX companies to date.
United Rentals made its latest investment on XXXXXXXX, XXXXX. United Rentals invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by United Rentals
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout United Rentals
| When was United Rentals founded? | United Rentals was founded in 1998. |
| Where is United Rentals headquartered? | United Rentals is headquartered in United States. |
| How many employees does United Rentals have? | As of today, United Rentals has over 28K employees. |
| Who is the CEO of United Rentals? | United Rentals' CEO is Matthew J. Flannery. |
| Is United Rentals publicly listed? | Yes, United Rentals is a public company listed on NYSE. |
| What is the stock symbol of United Rentals? | United Rentals trades under URI ticker. |
| When did United Rentals go public? | United Rentals went public in 1997. |
| Who are competitors of United Rentals? | United Rentals main competitors are Ashtead Group, FTAI Aviation, AerCap, Cintas. |
| What is the current market cap of United Rentals? | United Rentals' current market cap is $52B. |
| What is the current revenue of United Rentals? | United Rentals' last 12 months revenue is $16B. |
| What is the current revenue growth of United Rentals? | United Rentals revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of United Rentals? | Current revenue multiple of United Rentals is 4.1x. |
| Is United Rentals profitable? | Yes, United Rentals is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of United Rentals? | United Rentals' last 12 months EBITDA is $7B. |
| What is United Rentals' EBITDA margin? | United Rentals' last 12 months EBITDA margin is 45%. |
| What is the current EV/EBITDA multiple of United Rentals? | Current EBITDA multiple of United Rentals is 9.0x. |
| What is the current FCF of United Rentals? | United Rentals' last 12 months FCF is $2B. |
| What is United Rentals' FCF margin? | United Rentals' last 12 months FCF margin is 13%. |
| What is the current EV/FCF multiple of United Rentals? | Current FCF multiple of United Rentals is 30.5x. |
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