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Why United Rentals (URI) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-01-09 00:23
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United Rentals Selected as One of America's Best Managed Companies
Businesswire· 2023-12-23 05:15
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced it was selected as one of the U.S. Best Managed Companies in the Drucker Institute’s annual Management Top 250 ranking. The prestigious award, presented by The Wall Street Journal, recognizes well-run companies that deliver value to customers, employees and investors. The Management Top 250 ranking measures corporate effectiveness by evaluating five categories: customer satisf ...
United Rentals(URI) - 2023 Q3 - Earnings Call Transcript
2023-10-27 00:02
United Rentals, Inc. (NYSE:URI) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Matthew Flannery - President and Chief Executive Officer Ted Grace - Chief Financial Officer. Conference Call Participants David Raso - Evercore ISI Stephen Fisher - UBS Clay Williams - Goldman Sachs Tim Thein - Citigroup Neil Tyler - Redburn Atlantic Stephen Ramsey - Thompson Research Group Michael Feniger - Bank of America Operator Good morning and welcome to the United Rentals Investor Confer ...
United Rentals(URI) - 2023 Q3 - Quarterly Report
2023-10-25 00:00
财务表现 - 2023年第三季度,United Rentals, Inc.的设备租赁收入为32.24亿美元,同比增长17.9%[8] - 2023年第三季度,United Rentals, Inc.的总收入为37.65亿美元,同比增长23.5%[8] - 2023年前三季度,United Rentals, Inc.的净利润为7.03亿美元,同比增长15.9%[8] - 2023年前三季度,United Rentals, Inc.的综合收入为6.76亿美元,同比增长32.3%[9] - 2023年第三季度,United Rentals, Inc.的营运利润为10.99亿美元,同比增长19.3%[8] - 2023年前三季度,United Rentals, Inc.的股东权益为110.94亿美元,同比增长22.4%[10] - 2023年前三季度,United Rentals, Inc.的每股基本收益为10.30美元,同比增长18.6%[8] - 2023年前三季度,United Rentals, Inc.的每股稀释收益为10.29美元,同比增长18.9%[8] - 2023年前三季度,United Rentals, Inc.的现金分红为10.2亿美元[10] - 2023年前9个月,净收入为1745百万美元,较2022年同期增长19%[12] - 购买租赁设备支出为307.8亿美元,较上年同期增长25%[12] - 2023年前9个月,现金及现金等价物结余为284百万美元,较上年同期增长273%[12] - 2023年前9个月,现金流量从经营活动中提供的净现金为329亿美元,较2022年同期增长3.5%[12] - 2023年前9个月,现金流量从投资活动中使用的净现金为253.9亿美元,较上年同期增长7.1%[12] - 2023年前9个月,现金流量从融资活动中使用的净现金为56.8亿美元,较2022年同期减少35%[12] - 2023年前9个月,支付的利息为4.95亿美元,较上年同期增长46%[12] - 2023年前9个月,支付的所得税净额为3.89亿美元,较2022年同期增长32%[12] 公司收购 - 2022年12月7日,United Rentals, Inc.完成了对Ahern Rentals, Inc.资产的收购,总代价为19.88亿美元[24] - Ahern Rentals的历史收入分别为2.26亿美元和6.54亿美元[27] - 预计Ahern Rentals的收购将对United Rentals, Inc.的合并税前收入产生影响,预计税前收入为7.59亿美元[27] - 2023年,United Rentals, Inc.完成了其他不显著的收购,总现金流出为收购其他公司净额[28] 资产情况 - 2023年9月30日,United Rentals, Inc.的总收入中,大部分来自设备租赁收入,占总收入的76%[18] - 截至2023年9月30日,最大的客户占总收入的不到1%[18] - 截至2023年9月30日,总资产在258.32亿美元,较去年底增长6.9%[31] - 预付费用和其他资产在2023年9月底为2.16亿美元,较去年底减少43.3%[32] - 2023年前九个月其他无形资产的摊销费用为2.1亿美元,较去年同期增长23.5%[35] - 预计2024年其他无形资产的摊销费用为2.08亿美元,较2023年增长246.2%[36] 债务情况 - 截至2023年9月30日,United Rentals, Inc.的总债务为120.28亿美元,较2022年底的113.7亿美元有所增加[40] - 截至2023年9月30日,United Rentals, Inc.的长期债务为112.09亿美元,较2022年底的105.8亿美元有所增加[40] - 截至2023年9月30日,United Rentals, Inc.的可借款额度净额为23.85亿美元,平均月末债务余额为17.61亿美元[40] - 截至2023年9月30日,公司的变动率债务设施和融资租赁的公允价值与账面价值相近[39] 其他信息 - 公司主要营收来源为租赁设备,占总营收的70%[16] - 公司采用直线法确认设备租赁收入,根据实际租赁期限计算每日收入[17] - 公司的主要客户集中度较低,最大客户占比不到1%[18] - 公司的报告分部包括一般租赁和专业租赁两个部分,其中一般租赁部门在美国和加拿大运营,而专业租赁部门在美国、加拿大、欧洲、澳大利亚和新西兰有限的存在[29]
United Rentals(URI) - 2023 Q2 - Earnings Call Transcript
2023-07-28 03:08
United Rentals, Inc. (NYSE:URI) Q2 2023 Results Conference Call July 27, 2023 11:00 AM ET Company Participants Matthew Flannery - President and Chief Executive Officer William Grace - Executive Vice President and Chief Financial Officer Conference Call Participants David Raso - Evercore ISI Rob Wertheimer - Melius Research Steven Fisher - UBS Seth Weber - Wells Fargo Securities Jerry Revich - Goldman Sachs Jamie Cook - Credit Suisse Tim Thein - Citigroup Ken Newman - KeyBank Capital Markets Scott Schneeberg ...
United Rentals(URI) - 2023 Q2 - Quarterly Report
2023-07-26 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☒ EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-14387 Commission File Number 1-13663 ___________________________________ ...
United Rentals(URI) - 2023 Q1 - Earnings Call Transcript
2023-04-28 02:41
United Rentals Inc. (NYSE:URI) Q1 2023 Results Conference Call April 27, 2023 11:00 AM ET Company Participants Matt Flannery - CEO Ted Grace - CFO Conference Call Participants Rob Wertheimer - Melius Research David Raso - Evercore ISI Steven Fisher - UBS Jamie Cook - Credit Suisse Jerry Revich - Goldman Sachs Seth Weber - Wells Fargo Ken Newman - KeyBanc Capital Markets Neil Tyler - Redburn Operator Good morning, and welcome to the United Rentals Investor Conference Call. Please be advised that this call is ...
United Rentals(URI) - 2023 Q1 - Quarterly Report
2023-04-26 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☒ EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-14387 Commission File Number 1-13663 ___________________________________ ...
United Rentals(URI) - 2022 Q4 - Earnings Call Transcript
2023-01-27 03:44
United Rentals, Inc. (NYSE:URI) Q4 2022 Earnings Conference Call January 26, 2023 11:00 AM ET Company Participants Matt Flannery - President and Chief Executive Officer Ted Grace - Chief Financial Officer Conference Call Participants David Raso - Evercore ISI Steven Fisher - UBS Rob Wertheimer - Melius Research Seth Weber - Wells Fargo Timothy Thein - Citigroup Jerry Revich - Goldman Sachs Michael Feniger - Bank of America Ken Newman - KeyBanc Capital Markets Stanley Elliott - Stifel Scott Schneeberger - Op ...
United Rentals(URI) - 2022 Q4 - Earnings Call Presentation
2023-01-26 21:28
Fourth Quarter and Full Year 2022 Investor Presentation Managing Key Value Drivers to Maximize Full Cycle Returns United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. © 2023 United Rentals, Inc. All rights reserved. Introductory Information Unlessotherwisespecified,theinformationinthispresentation,includingforward-lookingstatements,isasofourmostrecentearningscallheldonJanuary26,2023.Wemakenocommitmenttoupdateanysuchinformationcontainedinthis presentation. Certain statements in this presentati ...