United Rentals Increases Quarterly Cash Dividend

1/29/25 4:30:00 PM ET

Diversified Commercial Services

Consumer Discretionary

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United Rentals, Inc. (NYSE:URI) announced today that its Board of Directors increased the company's quarterly dividend by 10% and declared a quarterly dividend of $1.79 per share, payable on February 26, 2025 to stockholders of record as of February 12, 2025.

About United Rentals

United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,591 rental locations in North America, 39 in Europe, 37 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company's approximately 27,900 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers a fleet of equipment for rent with a total original cost of $21.43 billion. United Rentals is a member of the Standard & Poor's 500 Index, the Barron's 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Conn. Additional information about United Rentals is available at unitedrentals.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250129928723/en/

Elizabeth Grenfell

Vice President, Investor Relations

O: (203) 618-7125

[email protected]

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Recent Analyst Ratings for
$URI

Date	Price Target	Rating	Analyst
1/14/2025	$658.00	Underperform → Neutral	Robert W. Baird
6/28/2024	$750.00	Outperform	Raymond James
6/26/2024	$745.00	Buy	Citigroup
6/7/2024	$780.00	Overweight	JP Morgan
3/14/2024	$793.00	Buy	Truist
1/8/2024	$500.00	Equal-Weight	Morgan Stanley
1/5/2024	$485.00	Outperform → Underperform	Exane BNP Paribas
12/5/2023	$504.00 → $525.00	Buy → Neutral	UBS

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United Rentals Increases Quarterly Cash Dividend
United Rentals, Inc. (NYSE:URI) announced today that its Board of Directors increased the company's quarterly dividend by 10% and declared a quarterly dividend of $1.79 per share, payable on February 26, 2025 to stockholders of record as of February 12, 2025. About United Rentals United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,591 rental locations in North America, 39 in Europe, 37 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company's approximately 27,900 employees serve construction and industrial customers, utilities, municipalities, homeow
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United Rentals Announces Record Fourth Quarter and Full-Year 2024 Results, Introduces 2025 Outlook for Growth and Announces 10% Increase to Quarterly Dividend
United Rentals, Inc. (NYSE:URI) today announced financial results for the fourth quarter of 2024 and reported its full-year1 results on Form 10-K. The company also announced its full-year 2025 guidance and that its Board of Directors has approved a 10% increase to the company's quarterly dividend. Fourth Quarter 2024 Highlights Total revenue of $4.095 billion, including rental revenue2 of $3.422 billion. Net income of $689 million, at a margin3 of 16.8%. GAAP diluted earnings per share of $10.47, and adjusted EPS4 of $11.59. Adjusted EBITDA4 of $1.900 billion, at a margin3 of 46.4%. Year-over-year, fleet productivity5 increased 4.3%. Excluding the impact of the Yak6 acquisitio
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United Rentals, Inc. Fourth Quarter and Full Year 2024 Conference Call and Audio Webcast Thursday, January 30, 2025 at 8:30 a.m. (ET)
United Rentals, Inc. (NYSE:URI) will hold its fourth quarter and full year 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 30, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-343-1703 (international: 785-424-1226). The replay number for the call is 402-220-7225. The passcode for the conference call is 53167 and the replay passcode is 39460. The company's fourth quarter and full year 2024 press release will be issued and available at unitedrentals.com a
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United Rentals Increases Quarterly Cash Dividend
United Rentals, Inc. (NYSE:URI) announced today that its Board of Directors increased the company's quarterly dividend by 10% and declared a quarterly dividend of $1.79 per share, payable on February 26, 2025 to stockholders of record as of February 12, 2025. About United Rentals United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,591 rental locations in North America, 39 in Europe, 37 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company's approximately 27,900 employees serve construction and industrial customers, utilities, municipalities, homeow
1/29/25 4:30:00 PM ET
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United Rentals Announces Record Fourth Quarter and Full-Year 2024 Results, Introduces 2025 Outlook for Growth and Announces 10% Increase to Quarterly Dividend
United Rentals, Inc. (NYSE:URI) today announced financial results for the fourth quarter of 2024 and reported its full-year1 results on Form 10-K. The company also announced its full-year 2025 guidance and that its Board of Directors has approved a 10% increase to the company's quarterly dividend. Fourth Quarter 2024 Highlights Total revenue of $4.095 billion, including rental revenue2 of $3.422 billion. Net income of $689 million, at a margin3 of 16.8%. GAAP diluted earnings per share of $10.47, and adjusted EPS4 of $11.59. Adjusted EBITDA4 of $1.900 billion, at a margin3 of 46.4%. Year-over-year, fleet productivity5 increased 4.3%. Excluding the impact of the Yak6 acquisitio
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