United Rentals Quarterly Cash Flow Statement
NYSE: URIIndustrialsRental & Leasing ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
United Rentals free cash flow
In the quarter ended Mar 31, 2026, United Rentals generated $1.51 billion of operating cash flow. That left free cash flow of $1.51 billion, a free-cash-flow margin of 38.0% of revenue. Free cash flow was up 6.2% from the prior year's $1.43 billion.
United Rentals returned $546.0 million to shareholders: $125.0 million in dividends and $421.0 million in share repurchases, equal to 36% of free cash flow. Free cash flow covered dividend payments 12.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
United Rentals cash flow statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 531.00M | 653.00M | 701.00M | 622.00M | 518.00M | 689.00M | 708.00M | 636.00M | 542.00M | 679.00M | 703.00M | 591.00M |
| Net Income growth (YoY) | +2.51% | -5.22% | -0.99% | -2.20% | -4.43% | +1.47% | +0.71% | +7.61% | +20.18% | +6.26% | +16.01% | +19.88% |
| Depreciation & Amortization | 114.00M | 107.00M | 109.00M | 108.00M | 114.00M | 115.00M | 109.00M | 109.00M | 104.00M | 102.00M | 107.00M | 104.00M |
| Stock-Based Compensation | 36.00M | 32.00M | 32.00M | 34.00M | 36.00M | 33.00M | 24.00M | 27.00M | 28.00M | 22.00M | 23.00M | 25.00M |
| Change in Working Capital | 194.00M | -192.00M | -482.00M | 95.00M | 300.00M | -230.00M | -108.00M | 85.00M | -13.00M | 294.00M | -205.00M | 150.00M |
| Operating Cash Flow | 1.51B | 1.26B | 1.18B | 1.33B | 1.43B | 1.05B | 1.20B | 1.26B | 1.03B | 1.41B | 1.06B | 1.29B |
| Capital Expenditures | — | — | — | — | — | -577.00M | -1.37B | -1.53B | -653.00M | -519.00M | -1.12B | -1.36B |
| Investing Cash Flow | -853.00M | -603.00M | -1.19B | -1.21B | -361.00M | -515.00M | -1.17B | -1.19B | -1.28B | -437.00M | -711.00M | -1.07B |
| Dividends Paid | -125.00M | -114.00M | -115.00M | -117.00M | -118.00M | -108.00M | -107.00M | -109.00M | -110.00M | -101.00M | -100.00M | -102.00M |
| Share Repurchases | -421.00M | -631.00M | -618.00M | -431.00M | -289.00M | -403.00M | -377.00M | -376.00M | -415.00M | -264.00M | -252.00M | -251.00M |
| Debt Issued | 2.06B | 3.71B | 2.64B | 2.73B | 2.10B | 1.88B | 2.82B | 2.30B | 4.61B | 1.86B | 2.23B | 2.16B |
| Financing Cash Flow | -958.00M | -712.00M | -14.00M | -134.00M | -981.00M | -528.00M | -33.00M | -38.00M | 325.00M | -906.00M | -290.00M | -92.00M |
| Net Change in Cash | -303.00M | -53.00M | -36.00M | 6.00M | 85.00M | -22.00M | 12.00M | 38.00M | 66.00M | 79.00M | 57.00M | 128.00M |
| Free Cash Flow | 1.51B | 1.26B | 1.18B | 1.33B | 1.43B | 471.00M | -168.00M | -263.00M | 376.00M | 895.00M | -56.00M | -68.00M |
This table shows 12 quarterly periods of United Rentals's cash flow statement, from Q1 2026 back to Q2 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow URI's reporting calendar. What is a cash flow statement?