United Rentals, Inc. Overview
Pro stress-test →United Rentals, Inc. is the largest equipment rental company in the world. The company provides equipment rental and related services to construction, industrial, and infrastructure industries, with 2026 revenue guidance between $16.8 billion and $17.3 billion. The company is strategically positioned to benefit from mega-projects in AI data centers, semiconductors, and battery manufacturing.
Strategic Profile
Pro stress-test →The company has fundamentally transformed its business model from a simple hardware provider into a sophisticated logistics and technology partner for North America's largest mega-projects. The movement to bring manufacturing back to the U.S. is a multi-year tailwind that provides a floor for rental demand even if residential housing slows down. However, the company faces headwinds from used equipment normalization as record-high pricing gains have evaporated as new equipment supply recovered in 2025.
Competitive Landscape
Pro stress-test →Headquartered in Stamford, CT, United Rentals operates an integrated network of 1,666 rental locations in the United States and Canada, with limited presence in Europe, Australia and New Zealand. Primary competitors include H&E Equipment Services, Herc Holdings, and RSC Equipment Rentals, though URI's scale and diversification provide significant competitive advantages in the fragmented equipment rental market.
Industry Context
United Rentals, Inc. operates in Equipment Rental & Leasing Services.
Key facts
Founded: 1997 · Headquarters: Stamford, Connecticut · Employees: 28,500 · Revenue: $16.1B · Market cap: $48.9B