URI Q1 2023 Earnings — United Rentals, Inc. Revenue & Financial Results | Market Cap Arena

URIUnited Rentals, Inc.

$50B

Q1 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$3.3B+30.2% YoY

Gross Profit

$1.1B34.2% margin

Operating Income

$741M22.6% margin

Net Income

$451M13.7% margin

EPS (Diluted)

$6.47

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$939M

Free Cash Flow

$69M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$24.6B

Total Liabilities

$17.5B

Stockholders' Equity

$7.1B

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$2.5B	+30.2%
Gross Profit	$1.1B	$895M	+25.5%
Operating Income	$741M	$572M	+29.5%
Net Income	$451M	$367M	+22.9%

Revenue Segments

Owned Equipment Rentals

$2.3B69%

Ancillary and Other Rental Revenue

$422M13%

Rental Equipment

$388M12%

Service and Other Revenues

$79M2%

Re-rent Revenue

$52M2%

New Equipment

$44M1%

Contractor Supplies

$34M1%