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United Rentals ( (URI) ) has shared an announcement.
On January 29, 2025, United Rentals announced record financial results for the fourth quarter of 2024, with total revenue of $4.095 billion and a net income of $689 million. The company also introduced a 2025 outlook expecting continued growth, with projected revenues between $15.6 billion and $16.1 billion. United Rentals reported a 10% increase in quarterly dividends, reflecting strong shareholder returns. Despite challenges such as inflation and cost variability affecting margins, the company remains focused on profitable growth and strategic acquisitions, including the anticipated acquisition of H&E Equipment Services.
More about United Rentals
United Rentals operates in the equipment rental industry, offering a wide range of rental services for industrial and construction equipment. The company primarily focuses on providing equipment rental solutions to various sectors, including construction and industrial markets.
YTD Price Performance: 11.18%
Average Trading Volume: 588,362
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $50.33B
See more data about URI stock on TipRanks’ Stock Analysis page.
