Buyback yield (TTM)
4.55%
Shareholder yield (TTM)
5.57%
5Y share count change
-11.4%
Buyback spend (TTM)
$2.10B
Cumulative buybacks
$10.64B
Key takeaways
- United Rentals (URI) repurchased about $2.10B of stock over the trailing twelve months.
- Diluted share count is down 11.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 15.68× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +47.1% per year over the latest 5-year window.
- TTM repurchases used about 1094% of free cash flow remaining after dividends.
Dividend & buyback yield over time for United Rentals (URI)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for United Rentals (URI)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for United Rentals (URI)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for United Rentals (URI)
Latest: $1.97B
Overview
United Rentals (URI) most recent annual buyback spend stands at $1.97B (2025) – grew 25.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, United Rentals buyback spend compounded at +47.1% per year, sustaining 4 straight years of year-over-year growth.
The record annual buyback spend stands at $1.97B, reached in 2025; the historical low of $0.00 was recorded in 1998.
United Rentals Buyback Spend 2025: $1.97B
In 2025, United Rentals reported buyback spend of $1.97B, grew 25.3% from 2024. This figure represents the highest annual value in the available history.
United Rentals Buyback Spend 2024: $1.57B
United Rentals buyback spend in 2024 was $1.57B, surged 46.8% from 2023.
United Rentals Buyback Spend 2023: $1.07B
2023's buyback spend for United Rentals came in at $1.07B, edged up 0.2% from 2022.
United Rentals Buyback Spend 2022: $1.07B
United Rentals posted buyback spend of $1.07B in 2022, surged 3041.2% from 2021.
United Rentals Buyback Spend 2021: $34.00M
United Rentals buyback spend in 2021 was $34.00M.
See more financial history for United Rentals (URI).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.97B | $134.00M | $1.83B | 3.84% | 0.06B | -3.0% | |
| 2024 | $1.57B | $112.00M | $1.46B | 3.38% | 0.07B | -3.1% | |
| 2023 | $1.07B | $94.00M | $976.00M | 2.76% | 0.07B | -3.2% | |
| 2022 | $1.07B | $127.00M | $941.00M | 4.33% | 0.07B | -2.5% | |
| 2021 | $34.00M | $119.00M | −$85.00M | 0.14% | 0.07B | -0.2% | |
| 2020 | $286.00M | $70.00M | $216.00M | 1.71% | 0.07B | -6.2% | |
| 2019 | $870.00M | $61.00M | $809.00M | 6.95% | 0.08B | -6.9% | |
| 2018 | $817.00M | $102.00M | $715.00M | 9.89% | 0.08B | -2.5% | |
| 2017 | $56.00M | $87.00M | −$31.00M | 0.39% | 0.09B | -2.5% | |
| 2016 | $528.00M | $45.00M | $483.00M | 5.93% | 0.09B | -8.9% | |
| 2015 | $789.00M | $49.00M | $740.00M | 11.73% | 0.10B | -8.2% | |
| 2014 | $613.00M | $74.00M | $539.00M | 6.19% | 0.10B | -1.3% | |
| 2013 | $115.00M | $46.00M | $69.00M | 1.55% | 0.11B | +12.1% | |
| 2012 | $131.00M | $32.00M | $99.00M | 3.10% | 0.09B | +29.2% | |
| 2011 | $7.00M | $12.00M | −$5.00M | 0.38% | 0.07B | +21.3% | |
| 2010 | $1.00M | $8.00M | −$7.00M | 0.07% | 0.06B | +0.6% | |
| 2009 | $1.00M | $8.00M | −$7.00M | 0.17% | 0.06B | -19.6% | |
| 2008 | $605.00M | $6.00M | $599.00M | 111.06% | 0.07B | -34.3% | |
| 2007 | $5.00M | $15.00M | −$10.00M | 0.27% | 0.11B | -0.1% | |
| 2006 | $4.00M | $16.00M | −$12.00M | 0.16% | 0.11B | +3.4% | |
| 2005 | $8.00M | $8.00M | $0.00 | 0.36% | 0.11B | +5.6% | |
| 2004 | $5.00M | $23.00M | −$18.00M | 0.26% | 0.10B | +35.0% | |
| 2003 | $3.00M | $0.00 | $3.00M | 0.20% | 0.08B | -7.2% | |
| 2002 | $26.73M | $0.00 | $26.73M | 3.13% | 0.08B | -11.8% | |
| 2001 | $24.76M | $0.00 | $24.76M | 1.48% | 0.09B | +2.9% | |
| 2000 | $30.95M | $0.00 | $30.95M | — | 0.09B | -1.7% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.09B | +24.3% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.08B | — |
- 2025$1.97B
- 2024$1.57B
- 2023$1.07B
- 2022$1.07B
- 2021$34.00M
- 2020$286.00M
- 2019$870.00M
- 2018$817.00M
- 2017$56.00M
- 2016$528.00M
- 2015$789.00M
- 2014$613.00M
- 2013$115.00M
- 2012$131.00M
- 2011$7.00M
- 2010$1.00M
- 2009$1.00M
- 2008$605.00M
- 2007$5.00M
- 2006$4.00M
- 2005$8.00M
- 2004$5.00M
- 2003$3.00M
- 2002$26.73M
- 2001$24.76M
- 2000$30.95M
- 1999$0.00
- 1998$0.00
Buybacks vs stock-based compensation for United Rentals (URI)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 15.68×.
Buybacks vs dividends (share of cash returned) for United Rentals (URI)
How United Rentals splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as United Rentals, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $192.00M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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