URI Q4 2023 Earnings — United Rentals, Inc. Revenue & Financial Results | Market Cap Arena

URIUnited Rentals, Inc.

$50B

Q4 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$3.7B+13.1% YoY

Gross Profit

$1.5B39.2% margin

Operating Income

$1.1B28.6% margin

Net Income

$679M18.2% margin

EPS (Diluted)

$10.01

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$689M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$25.6B

Total Liabilities

$17.5B

Stockholders' Equity

$8.1B

Cash & Equivalents

$363M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$3.3B	+13.1%
Gross Profit	$1.5B	$1.4B	+4.1%
Operating Income	$1.1B	$1.0B	+4.2%
Net Income	$679M	$639M	+6.3%

Revenue Segments

Owned Equipment Rentals

$2.6B69%

Ancillary and Other Rental Revenue

$492M13%

Rental Equipment

$438M12%

Service and Other Revenues

$83M2%

Re-rent Revenue

$57M2%

New Equipment

$52M1%

Contractor Supplies

$36M1%