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URI Stock - United Rentals Inc.


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United Rentals Inc. logo

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company with two main segments: General Rentals and Specialty. The General Rentals segment provides a variety of construction and industrial equipment, including backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment. It also offers aerial work platforms like boom and scissor lifts, as well as general tools and light equipment such as pressure washers, water pumps, and power tools. These rentals cater to construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.

The Specialty segment focuses on renting specialized construction products. This includes trench safety equipment like trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work. It also rents power and HVAC equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment, as well as fluid solutions equipment for fluid containment, transfer, and treatment. Additionally, this segment offers mobile storage equipment and modular office space, serving construction companies involved in infrastructure projects, municipalities, and industrial companies.

United Rentals also sells various eqquipment including aerial lifts, reach forklifts, telehandlers, compressors, and generators. It provides construction consumables, tools, small equipment, safety supplies, and parts for customer-owned equipment, along with repair and maintenance services. Used equipment is sold through its sales force, brokers, website, auctions, and directly to manufacturers. The company operates a network of 1,521 rental locations across the United States, Canada, Europe, Australia, and New Zealand. Founded in 1997, United Rentals, Inc. is headquartered in Stamford, Connecticut.

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Stock Sector: Diversified Services: Rental & Leasing Services

 

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