United Rentals Balance Sheet
NYSE: URIIndustrialsRental & Leasing ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
United Rentals financial position
At the end of fiscal 2025, United Rentals reported total assets of $29.87 billion, up 6.0% from a year earlier against total liabilities of $20.90 billion. Shareholders' equity stood at $8.97 billion, or 30.0% of assets. The company held $459.0 million in cash and equivalents against $14.23 billion of debt, a net debt position of $13.77 billion.
The current ratio (current assets divided by current liabilities) was 0.94, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.59.
Summary generated from market data by MetaCap's automated system. Methodology
United Rentals balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 459.00M | 457.00M | 363.00M | 106.00M | 144.00M | 202.00M | 52.00M | 43.00M | 352.00M | 312.00M |
| Receivables | 2.51B | 2.36B | 2.23B | 2.00B | 1.68B | 1.31B | 1.53B | 1.54B | 1.23B | 920.00M |
| Inventory | 240.00M | 200.00M | 205.00M | 232.00M | 164.00M | 125.00M | 120.00M | 109.00M | 75.00M | 68.00M |
| Total Current Assets | 3.61B | 3.25B | 2.93B | 2.72B | 2.15B | 2.02B | 1.84B | 1.76B | 1.77B | 1.36B |
| Property, Plant & Equipment | — | — | — | — | — | — | 604.00M | 614.00M | 467.00M | 430.00M |
| Goodwill | 7.12B | 6.90B | 5.94B | 6.03B | 5.53B | 5.17B | 5.15B | 5.06B | 4.08B | 3.26B |
| Intangible Assets | 477.00M | 663.00M | 670.00M | 452.00M | 615.00M | 648.00M | 895.00M | 1.08B | 875.00M | 742.00M |
| Total Assets | 29.87B | 28.16B | 25.59B | 24.18B | 20.29B | 17.87B | 18.97B | 18.13B | 15.03B | 11.99B |
| Accounts Payable | 776.00M | 748.00M | 905.00M | 1.14B | 816.00M | 466.00M | 454.00M | 536.00M | 409.00M | 243.00M |
| Short-Term Debt | 1.58B | 1.18B | 1.47B | 161.00M | 906.00M | 704.00M | 997.00M | 903.00M | 723.00M | 597.00M |
| Total Current Liabilities | 3.82B | 3.32B | 3.64B | 2.44B | 2.60B | 1.89B | 2.20B | 2.12B | 1.67B | 1.18B |
| Long-Term Debt | 12.65B | 12.23B | 10.05B | 11.21B | 8.78B | 8.98B | 10.43B | 10.84B | 8.72B | 7.19B |
| Total Liabilities | 20.90B | 19.54B | 17.46B | 17.12B | 14.30B | 13.32B | 15.14B | 14.73B | 11.92B | 10.34B |
| Shareholders' Equity | 8.97B | 8.62B | 8.13B | 7.06B | 5.99B | 4.54B | 3.83B | 3.40B | 3.11B | 1.65B |
| Retained Earnings | 15.84B | 13.81B | 11.67B | 9.66B | 7.55B | 6.17B | 5.28B | 4.10B | 3.00B | 1.65B |
| Total Debt | 14.23B | 13.41B | 11.52B | 11.37B | 9.69B | 9.68B | 11.43B | 11.75B | 9.44B | 7.79B |
| Net Cash (Debt) | -13.77B | -12.95B | -11.15B | -11.26B | -9.54B | -9.48B | -11.38B | -11.70B | -9.09B | -7.48B |
| Shares Outstanding | 63.10M | 65.31M | 67.27M | 69.36M | 72.42M | 72.20M | 74.36M | 79.87M | 84.46M | 84.22M |
This table shows 10 annual periods of United Rentals's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow URI's reporting calendar. What is a balance sheet?