URI Q3 2023 Earnings — United Rentals, Inc. Revenue & Financial Results | Market Cap Arena

URIUnited Rentals, Inc.

$50B

Q3 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$3.8B+23.4% YoY

Gross Profit

$1.5B39.3% margin

Operating Income

$1.1B29.3% margin

Net Income

$703M18.7% margin

EPS (Diluted)

$10.30

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

-$56M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$25.8B

Total Liabilities

$18.1B

Stockholders' Equity

$7.8B

Cash & Equivalents

$284M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.1B	+23.4%
Gross Profit	$1.5B	$1.3B	+15.8%
Operating Income	$1.1B	$920M	+20.0%
Net Income	$703M	$606M	+16.0%

Revenue Segments

Owned Equipment Rentals

$2.7B70%

Ancillary and Other Rental Revenue

$505M13%

Rental Equipment

$366M10%

Service and Other Revenues

$84M2%

Re-rent Revenue

$68M2%

New Equipment

$52M1%

Contractor Supplies

$39M1%