Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.76B | $6.64B | $8.05B | $2.06B | $1.99B | $2.26B | $2.50B | $3.40B | $3.59B | $3.69B |
| Revenue growth | — | 15.3% | 21.2% | -74.4% | -3.3% | 13.1% | 10.9% | 35.7% | 5.7% | 3.0% |
| Gross profit | $2.40B | $2.77B | $3.36B | $3.67B | $3.18B | $3.85B | $5.00B | $5.81B | $6.15B | $6.14B |
| Gross margin | 41.7% | 41.7% | 41.8% | 177.9% | 159.6% | 170.8% | 199.8% | 171.2% | 171.4% | 166.3% |
| Operating income | $1.42B | $1.51B | $1.95B | $2.15B | $1.80B | $2.28B | $3.23B | $3.83B | $4.07B | $3.97B |
| Operating margin | 24.6% | 22.7% | 24.2% | 104.3% | 90.3% | 100.9% | 129.2% | 112.7% | 113.3% | 107.5% |
| Net income | $566M | $1.35B | $1.10B | $1.17B | $890M | $1.39B | $2.10B | $2.42B | $2.58B | $2.49B |
| Net margin | 9.8% | 20.3% | 13.6% | 56.9% | 44.6% | 61.4% | 84.2% | 71.4% | 71.8% | 67.5% |
| EPS (diluted) | $6.45 | $15.73 | $13.12 | $15.11 | $12.20 | $19.04 | $29.65 | $35.28 | $38.69 | $38.61 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.94B | $2.21B | $2.85B | $3.02B | $2.66B | $3.69B | $4.43B | $4.70B | $4.55B | $5.19B |
| Capital expenditures | $1.34B | $1.89B | $2.29B | $2.35B | $1.16B | $3.20B | $3.69B | $3.86B | $4.13B | — |
| Free cash flow | $602M | $320M | $562M | $674M | $1.50B | $491M | $743M | $840M | $416M | — |
| Share buybacks | $528M | $56.0M | $817M | $870M | $286M | $34.0M | $1.07B | $1.07B | $1.57B | $1.97B |
| Dividends paid | — | — | — | — | — | $0.00 | $0.00 | $406M | $434M | $464M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $312M | $352M | $43.0M | $52.0M | $202M | $144M | $106M | $363M | $457M | $459M |
| Total assets | $12.0B | $15.0B | $18.1B | $19.0B | $17.9B | $20.3B | $24.2B | $25.6B | $28.2B | $29.9B |
| Total liabilities | $10.3B | $11.9B | $14.7B | $15.1B | $13.3B | $14.3B | $17.1B | $17.5B | $19.5B | $20.9B |
| Long-term debt | $7.84B | $9.52B | $11.8B | $11.5B | $9.76B | $9.75B | $11.4B | $11.6B | $13.5B | $14.3B |
| Shareholders' equity | $1.65B | $3.11B | $3.40B | $3.83B | $4.54B | $5.99B | $7.06B | $8.13B | $8.62B | $8.97B |
| Retained earnings | $1.65B | $3.00B | $4.10B | $5.28B | $6.17B | $7.55B | $9.66B | $11.7B | $13.8B | $15.8B |
| Shares (wtd avg diluted) | 87.8M | 85.6M | 83.5M | 77.7M | 72.9M | 72.8M | 71.0M | 68.7M | 66.6M | 64.6M |
Every figure is extracted from UNITED RENTALS, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.