earnings
confidence high
sentiment positive
materiality 0.80
United Rentals Q2 record: revenue $4.41B, adj. EBITDA $2.056B, raises FY guidance
UNITED RENTALS, INC.
- Total revenue $4.410B, rental revenue $3.849B; GAAP diluted EPS $12.03, adjusted EPS $12.76.
- Adjusted EBITDA $2.056B (46.6% margin); net income $753M (17.1% margin).
- Year-to-date free cash flow $1.149B; returned $998M to shareholders via buybacks ($750M) and dividends ($248M).
- Raised full-year 2026 guidance; CEO cites large project tailwinds and customer optimism.
- Net leverage 1.8x, total liquidity $2.999B; fleet productivity up 3.4% YoY.