Form 10-Q · Quarterly report
United Rentals 10-Q, filed Oct 21, 2026
- Filed
- CIK
- 0001067701
- Accession no.
- 0001067701-26-000034
Summary
United Rentals reported third-quarter 2026 net income of $920 million, or $14.77 per diluted share, up from $701 million and $10.91 a year earlier, and declared a quarterly dividend of $1.97 per share payable November 25, 2026. The company said it intends to complete $1.5 billion of share repurchases in 2026 under a $5.0 billion program authorized in January 2026, and reported that Moody's changed its outlook to positive while S&P upgraded its rating to BBB-/stable.
Key points
- Nine-month 2026 net income was $2,204 million, or $35.19 per diluted share, versus $1,841 million and $28.37 a year earlier.
- As of September 30, 2026, United Rentals had $2.615 billion of available liquidity and a fleet with total original equipment cost of $24.8 billion across 1,795 rental locations.
- Nine-month 2026 results include a $53 million gain, with a $39 million after-tax benefit, primarily from the sale of part of its scaffolding business; nine-month 2025 results included a net $39 million benefit from the terminated H&E merger, including a $64 million break-up fee.
- Dividends paid in the first nine months of 2026 were $371 million, or $5.91 per share, compared with $350 million, or $5.37 per share, a year earlier.
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 1,795 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 $24.8 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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