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United Rentals

NYSE: URI · USD

United Rentals cash flow and EPS—

Operating cash flow, capital investment, free cash flow and earnings per share.

Capital allocation

% of tracked cash uses

$522M
United Rentals capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2011 Q2100% · $8MUnavailable0% · $0MUnavailableUnavailable100% · $8M
FY 2011 Q384.62% · $11MUnavailable0% · $0MUnavailable15.38% · $2M100% · $13M
FY 2011 Q4100% · $12MUnavailable0% · $0MUnavailable0% · $0M100% · $12M
FY 2012 Q181.82% · $36MUnavailable18.18% · $8MUnavailableUnavailable100% · $44M
FY 2012 Q219.55% · $26MUnavailable80.45% · $107MUnavailableUnavailable100% · $133M
FY 2012 Q351.85% · $14MUnavailable48.15% · $13MUnavailableUnavailable100% · $27M
FY 2012 Q487.5% · $21MUnavailable12.5% · $3MUnavailableUnavailable100% · $24M
FY 2013 Q131.82% · $14MUnavailable68.18% · $30MUnavailableUnavailable100% · $44M
FY 2013 Q233.33% · $27MUnavailable66.67% · $54MUnavailableUnavailable100% · $81M
FY 2013 Q366.67% · $30MUnavailable33.33% · $15MUnavailableUnavailable100% · $45M
FY 2013 Q467.35% · $33M0% · $0M32.65% · $16MUnavailableUnavailable100% · $49M
FY 2014 Q122.5% · $18M1.25% · $1M76.25% · $61MUnavailableUnavailable100% · $80M
FY 2014 Q23.49% · $34M77.44% · $755M19.08% · $186MUnavailableUnavailable100% · $975M
FY 2014 Q317.39% · $32MUnavailable82.61% · $152MUnavailableUnavailable100% · $184M
FY 2014 Q414.17% · $36M1.57% · $4M84.25% · $214MUnavailableUnavailable100% · $254M
FY 2015 Q16.03% · $22M0% · $0M93.97% · $343MUnavailableUnavailable100% · $365M
FY 2015 Q211.48% · $28M23.77% · $58M64.75% · $158MUnavailableUnavailable100% · $244M
FY 2015 Q311.82% · $26M12.73% · $28M75.45% · $166MUnavailableUnavailable100% · $220M
FY 2015 Q417.57% · $26M0% · $0M82.43% · $122MUnavailableUnavailable100% · $148M
FY 2016 Q111.5% · $23M6.5% · $13M82% · $164MUnavailableUnavailable100% · $200M
FY 2016 Q278.75% · $641M0.12% · $1M21.13% · $172MUnavailableUnavailable100% · $814M
FY 2016 Q372.88% · $446M2.29% · $14M24.84% · $152MUnavailableUnavailable100% · $612M
FY 2016 Q441.18% · $28M0% · $0M58.82% · $40MUnavailableUnavailable100% · $68M
FY 2017 Q148.89% · $22M0% · $0M51.11% · $23MUnavailableUnavailable100% · $45M
FY 2017 Q23.3% · $33M96.6% · $965M0.1% · $1MUnavailableUnavailable100% · $999M
FY 2017 Q324.24% · $32M74.24% · $98M1.52% · $2MUnavailableUnavailable100% · $132M
FY 2017 Q42.4% · $33M95.42% · $1,314M2.18% · $30MUnavailableUnavailable100% · $1,377M
FY 2018 Q110.61% · $33M16.72% · $52M72.67% · $226MUnavailableUnavailable100% · $311M
FY 2018 Q221.17% · $47M2.7% · $6M76.13% · $169MUnavailableUnavailable100% · $222M
FY 2018 Q35.34% · $54M73.81% · $747M20.85% · $211MUnavailableUnavailable100% · $1,012M
FY 2018 Q42.1% · $51M89.19% · $2,161M8.71% · $211MUnavailableUnavailable100% · $2,423M
FY 2019 Q19.17% · $42M37.77% · $173M53.06% · $243MUnavailableUnavailable100% · $458M
FY 2019 Q219.1% · $55M7.64% · $22M73.26% · $211MUnavailableUnavailable100% · $288M
FY 2019 Q318.63% · $60M16.15% · $52M65.22% · $210MUnavailableUnavailable100% · $322M
FY 2019 Q422.68% · $61M0.74% · $2M76.58% · $206MUnavailableUnavailable100% · $269M
FY 2020 Q116.11% · $53M0% · $0M83.89% · $276MUnavailableUnavailable100% · $329M
FY 2020 Q296.08% · $49M3.92% · $2M0% · $0MUnavailableUnavailable100% · $51M
FY 2020 Q389.58% · $43M0% · $0M10.42% · $5MUnavailableUnavailable100% · $48M
FY 2020 Q491.23% · $52M0% · $0M8.77% · $5MUnavailableUnavailable100% · $57M
FY 2021 Q138% · $19M2% · $1M60% · $30MUnavailableUnavailable100% · $50M
FY 2021 Q22.31% · $34M97.55% · $1,434M0.14% · $2MUnavailableUnavailable100% · $1,470M
FY 2021 Q399.92% · $1,189M0% · $0M0.08% · $1MUnavailableUnavailable100% · $1,190M
FY 2021 Q499.73% · $748M0.13% · $1M0.13% · $1MUnavailableUnavailable100% · $750M
FY 2022 Q157.62% · $537M8.26% · $77M34.12% · $318M0% · $0MUnavailable100% · $932M
FY 2022 Q256.09% · $940M14.02% · $235M29.89% · $501M0% · $0MUnavailable100% · $1,676M
FY 2022 Q382.28% · $1,161M0.78% · $11M16.94% · $239M0% · $0MUnavailable100% · $1,411M
FY 2022 Q434.17% · $1,052M65.51% · $2,017M0.32% · $10M0% · $0MUnavailable100% · $3,079M
FY 2023 Q155.24% · $870M18.98% · $299M19.24% · $303M6.54% · $103MUnavailable100% · $1,575M
FY 2023 Q274.19% · $1,357M6.51% · $119M13.72% · $251M5.58% · $102MUnavailable100% · $1,829M
FY 2023 Q376.05% · $1,118MUnavailable17.14% · $252M6.8% · $100MUnavailable100% · $1,470M
FY 2023 Q449.33% · $519M15.97% · $168M25.1% · $264M9.6% · $101MUnavailable100% · $1,052M
FY 2024 Q128.44% · $653M48.69% · $1,118M18.07% · $415M4.79% · $110MUnavailable100% · $2,296M
FY 2024 Q271.77% · $1,528M5.45% · $116M17.66% · $376M5.12% · $109MUnavailable100% · $2,129M
FY 2024 Q369.86% · $1,372M5.5% · $108M19.2% · $377M5.45% · $107MUnavailable100% · $1,964M
FY 2024 Q441.18% · $577M22.34% · $313M28.77% · $403M7.71% · $108MUnavailable100% · $1,401M
FY 2025 Q1Unavailable4.01% · $17M68.16% · $289M27.83% · $118MUnavailable100% · $424M
FY 2025 Q2UnavailableUnavailable78.65% · $431M21.35% · $117MUnavailable100% · $548M
FY 2025 Q3Unavailable0.81% · $6M83.63% · $618M15.56% · $115MUnavailable100% · $739M
FY 2025 Q4Unavailable31.02% · $335M58.43% · $631M10.56% · $114MUnavailable100% · $1,080M
FY 2026 Q1Unavailable42.04% · $396M44.69% · $421M13.27% · $125MUnavailable100% · $942M
FY 2026 Q2Unavailable0.77% · $4M75.67% · $395M23.56% · $123MUnavailable100% · $522M
Jun 30, 2011 through Jun 30, 2026

Latest period omits capex, debt repayments. Percentages cover tracked uses. SBC is noncash and excluded.

Operating cash flow

USD millions

$1,791M

Capital expenditures

USD millions

—

Unavailable for FY 2026 Q2.

Free cash flow

USD millions

—

Unavailable for FY 2026 Q2.

Stock-based compensation

USD millions

$43M

SBC / free cash flow

% · FCF before SBC deduction

—

Unavailable for FY 2026 Q2.

SBC / operating cash flow

%

2.4%

Software & intangible investment

USD millions

—

Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.

Diluted EPS

USD per share

$12.03

Quarterly data

United Rentals cash-flow history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal periodEndedOperating cash flowUSD millionsCapital expendituresUSD millionsFree cash flowUSD millionsStock-based compensationUSD millionsSBC / free cash flow%SBC / operating cash flow%Software & intangible investmentUSD millionsDiluted EPSUSD per share
FY 2026 Q2Jun 30, 20261,791——43—2.4%—$12.03
FY 2026 Q1Mar 31, 20261,514——36—2.38%—$8.43
FY 2025 Q4Dec 31, 20251,256——32—2.55%—$10.27
FY 2025 Q3Sep 30, 20251,181——32—2.71%—$10.91
FY 2025 Q2Jun 30, 20251,328——34—2.56%—$9.59
FY 2025 Q1Mar 31, 20251,425——36—2.53%—$7.91
FY 2024 Q4Dec 31, 20241,048577471337.01%3.15%—$10.47
FY 2024 Q3Sep 30, 20241,2041,372-16824—1.99%—$10.7
FY 2024 Q2Jun 30, 20241,2651,528-26327—2.13%—$9.54
FY 2024 Q1Mar 31, 20241,029653376287.45%2.72%—$8.04
FY 2023 Q4Dec 31, 20231,414519895222.46%1.56%—$10.01
FY 2023 Q3Sep 30, 20231,0621,118-5623—2.17%—$10.29
FY 2023 Q2Jun 30, 20231,2891,357-6825—1.94%—$8.58
FY 2023 Q1Mar 31, 2023939870692434.78%2.56%—$6.47
FY 2022 Q4Dec 31, 20221,2511,0521993216.08%2.56%—$9.15
FY 2022 Q3Sep 30, 20221,1421,161-1935—3.06%—$8.66
FY 2022 Q2Jun 30, 20221,1549402143616.82%3.12%—$6.9
FY 2022 Q1Mar 31, 2022886537349246.88%2.71%—$5.05
FY 2021 Q4Dec 31, 2021668748-8030—4.49%—$6.61
FY 2021 Q3Sep 30, 20211,0871,189-10233—3.04%—$5.63
FY 2021 Q2Jun 30, 20211,176341,142353.06%2.98%—$4.02
FY 2021 Q1Mar 31, 202175819739212.84%2.77%—$2.8
FY 2020 Q4Dec 31, 202037052318247.55%6.49%—$4.09
FY 2020 Q3Sep 30, 202082743784182.3%2.18%—$2.87
FY 2020 Q2Jun 30, 202081749768151.95%1.84%—$2.93
FY 2020 Q1Mar 31, 202064453591132.2%2.02%—$2.33
FY 2019 Q4Dec 31, 201944261381164.2%3.62%—$4.49
FY 2019 Q3Sep 30, 201999260932141.5%1.41%—$5.08
FY 2019 Q2Jun 30, 201992355868161.84%1.73%—$3.44
FY 2019 Q1Mar 31, 201966742625152.4%2.25%—$2.19
FY 2018 Q4Dec 31, 201873051679294.27%3.97%—$3.8
FY 2018 Q3Sep 30, 201847454420307.14%6.33%—$4.01
FY 2018 Q2Jun 30, 20181,00747960242.5%2.38%—$3.2
FY 2018 Q1Mar 31, 201864233609193.12%2.96%—$2.15
FY 2017 Q4Dec 31, 201746433431235.34%4.96%—$10.45
FY 2017 Q3Sep 30, 201742932397246.05%5.59%—$2.33
FY 2017 Q2Jun 30, 201771433681243.52%3.36%—$1.65
FY 2017 Q1Mar 31, 201762322601162.66%2.57%—$1.27
FY 2016 Q4Dec 31, 201632328295124.07%3.72%—$1.8
FY 2016 Q3Sep 30, 2016383446-6311—2.87%—$2.16
FY 2016 Q2Jun 30, 2016643641213650%2.02%—$1.52
FY 2016 Q1Mar 31, 20166042358191.55%1.49%—$1.01
FY 2015 Q4Dec 31, 201543826412122.91%2.74%—$1.81
FY 2015 Q3Sep 30, 201530726281124.27%3.91%—$2.25
FY 2015 Q2Jun 30, 201557528547112.01%1.91%—$0.88
FY 2015 Q1Mar 31, 201567522653142.14%2.07%—$1.16
FY 2014 Q4Dec 31, 201433536299268.7%7.76%—$1.88
FY 2014 Q3Sep 30, 201441232380174.47%4.13%—$1.84
FY 2014 Q2Jun 30, 201454634512193.71%3.48%—$0.9
FY 2014 Q1Mar 31, 201450818490122.45%2.36%—$0.56
FY 2013 Q4Dec 31, 201343633403122.98%2.75%—$1.31
FY 2013 Q3Sep 30, 201323730207157.25%6.33%—$1.35
FY 2013 Q2Jun 30, 201346927442102.26%2.13%—$0.78
FY 2013 Q1Mar 31, 20134091439592.28%2.2%—$0.19
FY 2012 Q4Dec 31, 20122262120594.39%3.98%—$0.4
FY 2012 Q3Sep 30, 201215314139107.19%6.54%—$0.7
FY 2012 Q2Jun 30, 2012882662914.52%10.23%—$-0.63
FY 2012 Q1Mar 31, 20122543621841.83%1.57%—$0.17
FY 2011 Q4Dec 31, 20111551214332.1%1.94%——
FY 2011 Q3Sep 30, 20111571114632.05%1.91%—$0.91
FY 2011 Q2Jun 30, 2011142813442.99%2.82%—$0.37
Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

FCF subtracts reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Acquisitions and noncash lease additions are excluded. EPS and weighted shares are not summed across quarters. Annual figures use annual reports.

SBC / FCF always uses FCF before SBC deduction; both SBC ratios compare amounts from the same period. A zero or negative cash-flow denominator is undefined, and values above 100% are retained.

Each reported nonnegative cash use / sum of available tracked nonnegative cash uses × 100. Missing categories are omitted, never set to zero. This is the composition of tracked uses, not a complete cash-flow reconciliation or a percentage of OCF. SBC is noncash and excluded. Negative amounts are excluded as reversals or net receipts; they are not converted to spending. Annual bars use reported annual amounts. Turning off a category hides its share without changing the denominator. Debt repayments prefer a reported aggregate, with long-term or convertible-only scope identified in the tooltip. Acquisitions are net of cash acquired. Dividend payments use the aggregate where reported, including dividend equivalents when part of that concept.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Market prices: Yahoo Finance · URI, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Operating cash flow
Reported net cash provided by or used in operating activities.
Capital expenditures
Reported cash capital investment. Uses purchases of property, plant and equipment where disclosed; otherwise purchases of productive assets, which can also include software and intangibles. Excludes acquisitions and noncash lease additions.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Stock-based compensation
Reported share-based compensation addback in the cash-flow statement. Missing disclosure is not treated as zero.
SBC / free cash flow
Reported share-based compensation / (operating cash flow − cash capital investment) × 100, for the same fiscal period. Always uses FCF before SBC deduction. Zero or negative FCF is undefined; values above 100% are retained.
SBC / operating cash flow
Reported share-based compensation / reported operating cash flow × 100, for the same fiscal period. Zero or negative operating cash flow is undefined. Unaffected by the SBC deduction scenario.
Software & intangible investment
Separately tagged payments for capitalized software under US GAAP, or purchases of intangible assets under IFRS. This optional disclosure is not inferred from total capex or deducted a second time from FCF.
Diluted EPS
Reported diluted earnings per share, normalized for recorded subsequent stock splits. Quarterly EPS is never subtracted from annual or YTD EPS.