United Rentals (URI) Tops Q4 EPS by 63c; $1B Stock Buyback
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United Rentals (URI) Announces $1B Share Buyback, Reports Earnings
January 26, 2022 4:15 PM ESTUnited Rentals, Inc. (NYSE: URI) today announced financial results for the fourth quarter 2021 and reported its full year results on Form 10-K1. The company also announced a new $1 billion share repurchase program.
Fourth Quarter 2021 Highlights
Total revenue of $2.776 billion, including rental revenue2 of $2.312 billion.Fleet productivity3 increased 10.3% year-over-year.Net income of $481 million, at a margin4 of 17.3%. GAAP diluted earnings per share of $6.61, and adjusted EPS4 of $7.39.Adjusted EBITDA4 of $1.309 billion, at a margin4 of 47.2%.Full year net cash from operating activities of $3.689 billion;... More