URI Q2 2024 Earnings — United Rentals, Inc. Revenue & Financial Results | Market Cap Arena

URIUnited Rentals, Inc.

$50B

Q2 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$3.8B+6.2% YoY

Gross Profit

$1.4B37.3% margin

Operating Income

$1.0B26.6% margin

Net Income

$636M16.9% margin

EPS (Diluted)

$9.53

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

-$197M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$27.6B

Total Liabilities

$19.3B

Stockholders' Equity

$8.3B

Cash & Equivalents

$467M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.6B	+6.2%
Gross Profit	$1.4B	$1.3B	+6.7%
Operating Income	$1.0B	$943M	+6.6%
Net Income	$636M	$591M	+7.6%

Revenue Segments

Owned Equipment Rentals

$2.6B69%

Ancillary and Other Rental Revenue

$553M15%

Rental Equipment

$365M10%

Service and Other Revenues

$90M2%

New Equipment

$61M2%

Re-rent Revenue

$58M2%

Contractor Supplies

$42M1%