URI 📈 United Rentals - Overview

United Rentals, Inc. is a prominent player in the equipment rental industry, operating through its subsidiaries to provide a wide range of equipment and services to various sectors. The company's operations are divided into two primary segments: General Rentals and Specialty. The General Rentals segment focuses on renting general construction and industrial equipment, including backhoes, skid-steer loaders, forklifts, and earthmoving equipment, as well as aerial work platforms, such as boom and scissor lifts, to construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. This segment also offers general tools and light equipment, comprising pressure washers, water pumps, and power tools, to cater to the diverse needs of its customers.

The Specialty segment, on the other hand, rents specialty construction products, including trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, and slide rails, which are essential for underground work. Additionally, this segment provides power and heating, ventilating, and air conditioning equipment, like portable diesel generators and temperature control equipment, to support various construction projects. It also offers fluid solutions equipment for fluid containment, transfer, and treatment, as well as mobile storage equipment and modular office space, to construction companies involved in infrastructure projects, municipalities, and industrial companies. By providing these specialized products and services, United Rentals is able to support complex construction projects and help its customers achieve their goals.

Beyond equipment rentals, United Rentals also engages in the sale of various products, including aerial lifts, reach forklifts, telehandlers, compressors, and generators, as well as construction consumables, tools, small equipment, and safety supplies. The company also sells parts for equipment owned by its customers and provides repair and maintenance services to ensure that its customers' equipment remains in good working condition. United Rentals sells used equipment through multiple channels, including its sales force, brokers, website, auctions, and directly to manufacturers, to provide its customers with a range of options for acquiring the equipment they need. With operations in the United States, Canada, Europe, Australia, and New Zealand, United Rentals has established a significant presence in the global equipment rental market.

As a company, United Rentals, Inc. has a long history, dating back to its incorporation in 1997. Headquartered in Stamford, Connecticut, the company has grown to become one of the leading equipment rental companies in the world, with a strong online presence, including its website at https://www.unitedrentals.com. United Rentals' common stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol URI, and its ISIN is US9113631090. The company is classified as a Trading Company & Distributor, according to the Global Industry Classification Standard (GICS) Sub Industry categorization.