URI
FY2026 Q2 · Calendar Q3 2026
United Rentals, Inc.
United Rentals extended its record-breaking streak in Q2 2026, with revenue, rental revenue, EBITDA, and EPS all reaching new highs. A 12% revenue increase to $4.4 billion and 22% adjusted EPS growth to $12.76 were driven by robust demand from large-project construction, power, infrastructure, and specialty segments. Management raised full-year guidance for the second consecutive quarter, increased CapEx to expand fleet amid record time utilization, and highlighted a potential investment-grade credit upgrade from S&P. The market responded decisively, with the stock posting an abnormal return of over 11% on volume 2.6 times baseline, though a subsequent drift of roughly -4.5% indicates some profit-taking. The combination of accelerating rental revenue growth, disciplined capital allocation, and an improving credit profile underscores a company executing well in a demand-rich environment.
EPS surprise—
Market move+10.1%
