Form 10-Q · Quarterly report

United Rentals 10-Q, filed Jul 22, 2026

Filed
CIK
0001067701
Accession no.
0001067701-26-000026
AI-generated summary

Summary

United Rentals reported second-quarter 2026 net income of $753 million, or $12.03 per diluted share, up from $622 million, or $9.59 per diluted share, a year earlier, results that include a $49 million gain on the sale of part of its scaffolding business. The company's board declared a quarterly dividend of $1.97 per share and, under a $5.0 billion repurchase program authorized in January 2026, United Rentals said it intends to complete $1.5 billion of share repurchases in 2026.

Key points

  • Six-month net income was $1,284 million, or $20.44 per diluted share, versus $1,140 million, or $17.48 per diluted share, for the same period in 2025.
  • The board declared a quarterly dividend of $1.97 per share, payable August 26, 2026 to holders of record on August 12, 2026.
  • Available liquidity was $2.999 billion as of June 30, 2026.
  • Equipment rentals accounted for 87 percent of total revenues for the six months ended June 30, 2026, and the company operates 1,774 rental locations with a fleet carrying $23.8 billion in total original equipment cost.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

Item 2.Management’s Discussion Executive Overview We are the largest equipment rental company in the world, with an integrated network of 1,774 rental locations. We primarily operate in the United States and Canada, and have a smaller presence in Europe, Australia and New Zealand. Although the equipment rental industry is highly fragmented and diverse, we believe that we are well positioned to take advantage of this environment because, as a larger company, we have more extensive resources and certain competitive advantages. These include a fleet of rental equipment with a total original equipment cost (“OEC”) of $23.8 billion, and a North American branch network that operates in 49 U.S. …

An excerpt of the text as filed with the SEC, cut for length.

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