UNITED RENTALS, INC.

Overview

United Rentals, Inc. is an equipment-rental company serving construction and industrial customers. Its offerings span general construction and industrial equipment, aerial work platforms, trench safety, power and HVAC, fluid solutions, mobile storage and modular offices, surface-protection mats, and tools and light equipment. The company operates general-rentals and specialty segments.[1] Its footprint is concentrated in North America, with additional operations in Europe, Australia and New Zealand; the 2025 annual report describes a network of 1,768 rental locations.[2] The company states its mission is “to deploy the best people, equipment and solutions to enable our customers to safely build a better and stronger future,” and says it was founded in 1997.[3][4]

For the year ended 2025, United Rentals reported revenue of $16.099 billion and 28,500 employees at year-end.[5] In the six months ended June 30, 2026, it reported revenue of $8.395 billion.[6] [1]+7

Products & services

United Rentals offers general construction and industrial equipment, including backhoes, skid-steer loaders, forklifts and other earthmoving and material-handling equipment; aerial work platforms such as boom and scissor lifts; and general tools and light equipment, including pressure washers, water pumps and power tools. Equipment is available for hourly, daily, weekly or monthly rental.[7][1]

Specialty rental products include trench-safety equipment such as trench shields, hydraulic shoring systems, slide rails, crossing plates, construction lasers and line-testing equipment; portable generators, electrical distribution and temperature-control equipment; fluid-containment, transfer and treatment systems; mobile storage and modular offices; and surface-protection mats. Specialty offerings also include equipment setup and related services.[8]

Additional offerings include equipment delivery and pickup, fleet repair and maintenance with parts sales, contractor supplies, and sales of used rental and new equipment. In the six months ended June 30, 2026, reported revenue included $680 million from sales of rental equipment, $170 million from new equipment, $84 million from contractor supplies, and $193 million from service and other revenue.[6]

For 2025, equipment-rental revenue mix was 39% general construction and industrial equipment, 22% aerial work platforms, 9% general tools and light equipment, 11% power/HVAC, 5% trench safety, 7% fluid solutions, 3% mobile storage/modular offices, and 4% surface-protection mats. Ancillary fees represented about 18% of equipment-rental revenue, including delivery and pickup at about 8%.[9][10] [7]+5

Geographic presence

United Rentals operates primarily in the United States and Canada, with a smaller presence in Europe, Australia and New Zealand. Its North American network spans 49 U.S. states and every Canadian province, and serves 99 of the 100 largest U.S. metropolitan areas.[11]

As of June 30, 2026, the company had 1,774 locations: 1,665 in North America, 65 in Australia and New Zealand, and 44 in Europe—approximately 93.9%, 3.7% and 2.5% of locations, respectively, calculated from the disclosed counts.[12] Its headquarters is in Stamford, Connecticut; the company reported approximately 28,100 employees but did not provide a geographic breakdown of employees.[13] [11]+2

Business segments

United Rentals reports two operating segments: **General rentals**, which provides a broad range of construction, aerial, industrial and homeowner equipment rentals and related services; and **Specialty**, which rents specialized equipment and provides related services, including trench safety, power and HVAC, fluid solutions, mobile storage and modular offices, and surface-protection mats.[14]

For FY2025, General rentals generated $11.001 billion of revenue, about **68%** of the $16.099 billion total; Specialty generated $5.098 billion, about **32%**.[15] In the six months ended June 30, 2026, General rentals contributed $5.538 billion, about **66%** of total revenue of $8.395 billion, while Specialty contributed $2.857 billion, about **34%**.[6]

The company also reports equipment-rental revenue by equipment type. In FY2025, general construction and industrial equipment represented 39% of equipment-rental revenue and aerial work platforms 22%; Specialty categories included power and HVAC (11%), fluid solutions (7%), trench safety (5%), surface-protection mats (4%), and mobile storage and modular offices (3%). These percentages are of equipment-rental revenue, not total company revenue.[9] [14]+13

Company history

United Rentals was founded in 1997, with Bradley S. Jacobs among its founders, and began operating by acquiring six equipment-rental businesses. It expanded rapidly through acquisitions, including its 1998 merger with U.S. Rentals; by March 1999, it had completed 103 acquisitions.[16]+3

Leadership passed from Jacobs to Wayland Hicks in 2003, then to Michael Kneeland, who became CEO in 2008. United Rentals acquired RSC Holdings in 2012, a major expansion of its rental business, and joined the S&P 500 in 2014. Matthew Flannery became CEO in 2019.[20]+4

In 2022, the company completed its acquisition of Ahern Rentals. In 2024, it acquired Yak Access, Yak Mat and New South Access & Environmental Solutions, extending its operations into access and surface-protection services.[25][26] [16]+10

Sources

• UNITED RENTALS, INC. — Full financial report (2025 Y)
  7 citations

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• www.unitedrentals.com[3]
• www.unitedrentals.com[4]
• UNITED RENTALS, INC. — Full financial report (2026 Q 2)
  4 citations

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• UNITED RENTALS, INC. — Presentation (2026 Q 2)[12][13]
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• www.sec.gov[17]
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• www.sec.gov[20]
• www.unitedrentals.com[21]
• www.sec.gov[22]
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