Question 1

What is United Rentals's P/E ratio?

Accepted Answer

United Rentals (URI) P/E ratio is 25.0× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for United Rentals?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For United Rentals specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

Is United Rentals's P/E ratio high or low?

Accepted Answer

United Rentals's P/E ratio of 25.0× is above its own 5-year average of 16.5× and below the sector median of 27.8×. That places the current reading at the 93th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is United Rentals's historical P/E ratio range?

Accepted Answer

In the available daily series, United Rentals (URI) P/E ratio has ranged from a low of 3.4× in 2008 to a high of 176.4× in 2011. The 5-year average is 16.5× and the 5-year median is 16.7×.

Question 7

What was United Rentals's P/E ratio in 2025?

Accepted Answer

United Rentals (URI) P/E ratio at the end of 2025 was 20.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does United Rentals's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$51.3B	$2.49B	20.6×	+2.5×	Dec 31, 2025
2024	$46.5B	$2.58B	18.1×	+2.1×	Dec 31, 2024
2023	$38.8B	$2.42B	16.0×	+4.3×	Dec 31, 2023
2022	$24.7B	$2.11B	11.7×	-5.7×	Dec 31, 2022
2021	$24.1B	$1.39B	17.4×	-1.5×	Dec 31, 2021
2020	$16.8B	$890M	18.8×	+8.2×	Dec 31, 2020
2019	$12.5B	$1.17B	10.7×	+3.1×	Dec 31, 2019
2018	$8.26B	$1.1B	7.5×	-3.3×	Dec 31, 2018
2017	$14.5B	$1.35B	10.8×	-4.9×	Dec 31, 2017
2016	$8.91B	$566M	15.7×	+4.2×	Dec 31, 2016
2015	$6.72B	$585M	11.5×	-6.8×	Dec 31, 2015
2014	$9.9B	$540M	18.3×	-0.9×	Dec 31, 2014
2013	$7.42B	$387M	19.2×	-37.1×	Dec 31, 2013
2012	$4.22B	$75M	56.3×	+37.8×	Dec 31, 2012
2011	$1.87B	$101M	18.5×	—	Dec 31, 2011
2010	$1.38B	-$26M	—	—	Dec 31, 2010
2009	$590M	-$62M	—	—	Dec 31, 2009
2008	$545M	-$704M	—	—	Dec 31, 2008
2007	$1.89B	$362M	5.2×	-5.8×	Dec 31, 2007
2006	$2.46B	$224M	11.0×	-0.8×	Dec 31, 2006
2005	$2.19B	$187M	11.7×	—	Dec 31, 2005
2004	$1.89B	-$84M	—	—	Dec 31, 2004
2003	$1.49B	-$244M	—	—	Dec 31, 2003
2002	$853M	-$398M	—	—	Dec 31, 2002


Pentair (PNR)	21.1×
Lennox International (LII)	20.6×
Copart (CPRT)	20.4×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Andersons (ANDE)	19.0×
Carlisle Companies (CSL)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
FedEx (FDX)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
Honeywell International (HON)	17.5×
A. O. Smith (AOS)	17.4×
Textron (TXT)	16.6×
Northrop Grumman (NOC)	16.1×
United Parcel Service (UPS)	15.9×
Delta Air Lines (DAL)	15.5×
ABM Industries (ABM)	15.2×
Masco (MAS)	14.6×
Upwork (UPWK)	12.9×
United Airlines Holdings (UAL)	12.7×
AGCO (AGCO)	10.9×

P/E Ratio for United Rentals (URI) 2005-2026

P/E Ratio daily chart for United Rentals (URI)

Historical P/E Ratio for United Rentals (URI) from 2002 to 2025

About P/E Ratio at United Rentals (URI)

United Rentals P/E Ratio by Year

United Rentals P/E Ratio 2025: 20.6×

United Rentals P/E Ratio 2024: 18.1×

United Rentals P/E Ratio 2023: 16.0×

United Rentals P/E Ratio 2022: 11.7×

United Rentals P/E Ratio 2021: 17.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

United Rentals (URI) Key Financials