United Rentals

URI

Market cap $51.9B

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has given notice of its intention to redeem all of the outstanding $500 million principal amount of its 5½% Senior Notes due 2027 (CUSIP Number 911365 BF0) (the “Notes”) on December 24, 2025 (the “Redemption Date”). The Notes will be redeemed at a redemption price (the “Redemption Price”) of 100.00% of the principal amount of the Notes, p.

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.5 billion principal amount of 5.375% Senior Notes due 2033 (the “Notes”) in a private offering. URNA's obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA's domestic subsidiaries. Aggregate net proceeds from the sale of the Notes are expected to be approximatel.

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.5 billion principal amount of Senior Notes due 2033 (the “Notes”) in a private offering. URNA's obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA's domestic subsidiaries. Aggregate net proceeds from the sale of the Notes are expected to be approximately $1.486 billion afte.

United Rentals (URI) reported earnings 30 days ago. What's next for the stock?

The U.S. housing market is a 'coiled spring' with pent-up demand, poised for explosive growth if mortgage rates and regulations ease. Even small drops in mortgage rates have triggered surges in refinancing and buyer activity, confirming high sensitivity and sidelined demand. Top investment opportunities include housing-related suppliers and distributors like Carlisle, TopBuild, Builders FirstSource, and others.

United Rentals saw its share surge from $600 to over $1,000, but a recent pullback to $900 follows uninspiring, flattish earnings trends. The company remains a market leader in equipment rentals, with solid growth and disciplined capital management, but faces margin pressure and higher capital expenditures. Valuation multiples have expanded significantly, now at 22–23x earnings, while business performance has been largely flat this year.

CNBC's “Fast Money” team share their final trades of the day.

United Rentals, Inc. (NYSE:URI ) Q3 2025 Earnings Call October 23, 2025 8:30 AM EDT Company Participants Matthew Flannery - President, CEO & Director William Grace - Executive VP & CFO Conference Call Participants David Raso - Evercore ISI Institutional Equities, Research Division Robert Wertheimer - Melius Research LLC Michael Feniger - BofA Securities, Research Division Steven Fisher - UBS Investment Bank, Research Division Jamie Cook - Truist Securities, Inc., Research Division Kenneth Newman - KeyBanc Capital Markets Inc., Research Division Tami Zakaria - JPMorgan Chase & Co, Research Division Sabahat Khan - RBC Capital Markets, Research Division Timothy Thein - Raymond James & Associates, Inc., Research Division Scott Schneeberger - Oppenheimer & Co. Inc., Research Division Presentation Operator Good morning, and welcome to the United Rentals Investor Conference Call. Please be advised this call is being recorded.

URI posts record third-quarter revenues and adjusted EBITDA on solid construction demand, but earnings fall short of estimates.

United Rentals faces margin pressure and softer demand, with Q3 earnings missing expectations and free cash flow guidance trimmed. URI's specialty rental segment outperforms, but both general and specialty margins are under pressure from inflation and softer equipment pricing. Despite a strong balance sheet and ongoing buybacks, valuation is stretched, trading at a 40-50% premium to its historical average.