Capital Expenditures for United Rentals (URI)
According to United Rentals's latest reported financial statements, the company's current capital expenditures (TTM) is $4.62B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$4.62B
YoY change
+9.7%
5Y CAGR
+31.4%
Peak year (2025)
$4.53B
Cumulative capital expenditures
$46.93B
CapEx history chart for United Rentals (URI) from 1998 to 2025
CapEx history table for United Rentals (URI) from 1998 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $4.53B | +9.7% | ||
| 2024 | $4.13B | +1.4% | ||
| 2023 | $4.07B | +10.3% | ||
| 2022 | $3.69B | +15.4% | ||
| 2021 | $3.20B | +176.2% | ||
| 2020 | $1.16B | -50.7% | ||
| 2019 | $2.35B | +2.6% | ||
| 2018 | $2.29B | +21.3% | ||
| 2017 | $1.89B | +41.1% | ||
| 2016 | $1.34B | -18.2% | ||
| 2015 | $1.64B | -10.2% | ||
| 2014 | $1.82B | +8.1% | ||
| 2013 | $1.68B | +23.0% | ||
| 2012 | $1.37B | +69.0% | ||
| 2011 | $810.00M | +116.6% | ||
| 2010 | $374.00M | +20.3% | ||
| 2009 | $311.00M | -55.8% | ||
| 2008 | $704.00M | -28.9% | ||
| 2007 | $990.00M | +2.6% | ||
| 2006 | $965.00M | +11.8% | ||
| 2005 | $863.00M | +14.9% | ||
| 2004 | $751.00M | +5.3% | ||
| 2003 | $713.30M | +34.4% | ||
| 2002 | $530.86M | +6.7% | ||
| 2001 | $497.32M | -48.3% | ||
| 2000 | $961.97M | -47.4% | ||
| 1999 | $1.83B | +23.9% | ||
| 1998 | $1.48B | — |
CapEx values are taken from United Rentals's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, United Rentals (URI) capital expenditures totalled $4.53B – grew 9.7% year-over-year.
United Rentals capital expenditures has grown for 5 consecutive years, with a +31.4% compound annual growth rate over 2020–2025 (5 years).
$4.53B stands as the all-time-high annual capital expenditures, posted in 2025, against a low of $311.00M during 2009.
Within Industrials, United Rentals (URI) ranks 1st among 8 peers we track. The peer median for capital expenditures is $2.05B.
United Rentals Capital Expenditures by Year
United Rentals Capital Expenditures 2025: $4.53B
United Rentals capital expenditures in 2025 was $4.53B, grew 9.7% from 2024. This figure represents the highest annual value in the available history.
United Rentals Capital Expenditures 2024: $4.13B
United Rentals capital expenditures in 2024 was $4.13B, edged up 1.4% from 2023.
United Rentals Capital Expenditures 2023: $4.07B
United Rentals capital expenditures in 2023 was $4.07B, grew 10.3% from 2022.
United Rentals Capital Expenditures 2022: $3.69B
United Rentals capital expenditures in 2022 was $3.69B, grew 15.4% from 2021.
United Rentals Capital Expenditures 2021: $3.20B
United Rentals capital expenditures in 2021 was $3.20B.
See more financial history for United Rentals (URI).
Sector peers — CapEx
Companies in the same sector as United Rentals, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Deere & Company (DE) | $4.23B | Industrials |
| Union Pacific Corporation (UNP) | $3.79B | Industrials |
| The Boeing Company (BA) | $2.94B | Industrials |
| RTX Corporation (RTX) | $2.63B | Industrials |
| Caterpillar Inc. (CAT) | $1.47B | Industrials |
| GE Aerospace (GE) | $1.27B | Industrials |
| Honeywell International Inc. (HON) | $986.00M | Industrials |
| Eaton Corporation plc (ETN) | $0 | Industrials |
Frequently asked questions
What is United Rentals's capital expenditures?
- Latest reported capital expenditures for United Rentals (URI) is $4.62B (period ending March 31, 2026).
How has United Rentals capital expenditures changed year-over-year?
- United Rentals (URI) capital expenditures changed +9.7% year-over-year on the latest annual filing.
What is the long-term growth rate of United Rentals capital expenditures?
- United Rentals (URI) capital expenditures compound annual growth rate is +31.4% over the most recent 5 years available.
When did United Rentals capital expenditures hit its highest annual value?
- United Rentals capital expenditures reached its highest annual value of $4.53B in 2025.
What was United Rentals capital expenditures in 2024?
- United Rentals (URI) capital expenditures in 2024 was $4.13B.
What was United Rentals capital expenditures in 2025?
- United Rentals (URI) capital expenditures in 2025 was $4.53B.
Metrics overview
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