United Rentals (URI) Misses Q1 EPS by 6c, Revenue Beats; Reaffirms

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/5/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. SWKS
7. ANET
8. SPY
9. XYZ
10. CVS

Go back to United Rentals (URI) Misses Q1 EPS by 6c, Revenue Beats; Reaffirms

United Rentals Announces Record First Quarter Results and Reaffirms Its Full-Year 2023 Guidance

April 26, 2023 4:15 PM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter of 2023 and reaffirmed its full-year 2023 guidance.

First Quarter 2023 Highlights

Total revenue of $3.285 billion, including rental revenue1 of $2.740 billion. Year-over-year, fleet productivity2 increased 2.0% as reported and 5.9% on a pro forma2 basis. Net income of $451 million, at a margin3 of 13.7%. GAAP diluted earnings per share of $6.47, and adjusted EPS4 of $7.95. Adjusted EBITDA4 of $1.503 billion, at a margin3 of 45.8%. Net cash provided by operating activities of $939 million; free cash flow4 of... More