Welcome to our dedicated page for United Rentals news (Ticker: URI), a resource for investors and traders seeking the latest updates and insights on United Rentals stock.
United Rentals, Inc. (NYSE: URI) is North America's largest equipment rental company, with over 880 stores across the United States and Canada. The company caters to a diverse clientele, including construction and industrial firms, municipal entities, utilities, homeowners, and communities. Their aim is to meet customer needs while exceeding expectations through their extensive rental fleet and specialized solutions.
Since its inception in 1997, United Rentals has expanded through organic growth and numerous acquisitions, establishing itself as a market leader with a fleet valued at $21 billion. Initially focusing on intermittently used equipment like aerial lifts and generators, the company’s offerings now include a wide array of specialty equipment available for indefinite rental periods.
One of the company's notable recent achievements is the acquisition of Yak Access, LLC, a leader in the North American matting industry, for approximately $1.1 billion. This move, expected to close in the first quarter of 2024, will bolster United Rentals' offerings in surface protection for construction and maintenance applications. Yak's fleet includes approximately 600,000 mats, serving primarily utility and midstream clients.
United Rentals prides itself on being more than just an equipment provider. They offer best-in-class specialty solutions, safety training, and 24/7 support to ensure customer success. This dedication to service is paralleled by their continued investment in digital tools and R&D to enhance customer experience and product longevity.
With a roughly 17% market share in a fragmented sector, United Rentals stands out not only for its scale but also for its commitment to safety, operational excellence, and strong customer relationships. The company is consistently adapting to market demands, as demonstrated by its strategic acquisitions and tailored service offerings.
For more updates, follow United Rentals on their social media platforms: Twitter, Facebook, Google+, and YouTube.
United Rentals, Inc. (NYSE: URI) has added JuiceBox generators to its rental fleet, offering low-emission mobile power solutions. These generators, powered by propane or natural gas, promise significant operational cost reductions—up to 40% less than diesel generators—and lower greenhouse gas emissions by 17%. With dimensions of 50" x 50" x 54" and a power output of 20 kW, JuiceBox generators are ideal for various settings including construction sites, emergency services, and entertainment events.
Equipped with customizable electrical panels, they operate quietly and contribute to environmentally-friendly practices, enhancing United Rentals' portfolio of low- and zero-emission equipment. This strategic addition aligns with the growing demand for cleaner energy solutions amidst tightening diesel regulations.
United Rentals, Inc. (NYSE: URI) will host its first quarter 2023 earnings conference call on April 27, 2023, at 11:00 a.m. ET. CEO Matt Flannery and CFO Ted Grace will lead the call. A press release detailing financial results will be available on the company's website after market close on April 26, 2023. The conference call will also be accessible via audio webcast and will be archived on unitedrentals.com for future reference. The company operates the world's largest equipment rental network, with 1,462 locations across North America, Europe, Australia, and New Zealand, serving a diverse clientele, including construction and industrial customers. United Rentals offers approximately 4,600 classes of equipment for rent, with a total original cost of $19.61 billion.
United Rentals, Inc. (NYSE: URI), the largest equipment rental company globally, will host an Investor Day on May 31, 2023, in New York City. The event, starting at 1:00 p.m. (ET) and ending around 4:15 p.m. (ET), will feature the company's President and CEO, Matt Flannery, along with the executive team, discussing the company's strategy and financial performance. Attendance is by invitation only and requires advanced registration. A live audio webcast and presentation materials will be accessible on the Investor Relations section of United Rentals' website. Participants can view the replay within 24 hours post-event, available for 12 months. United Rentals operates 1,462 locations across North America, Europe, Australia, and New Zealand, employing approximately 24,600 people and offering around 4,600 equipment classes for rent.
United Rentals, Inc. (NYSE: URI) has announced its 2023 Spring Used Equipment Sale event on March 23, taking place at 176 locations across the United States and Canada. This sale features a wide variety of well-maintained used equipment, including over 4,000 classes like aerial work platforms and earthmoving machines, allowing companies and government organizations to purchase quality machinery at lower prices. The event aims to help businesses expand their fleets cost-effectively, especially in preparation for the busy spring construction season. For more details, visit the United Rentals Used Equipment webpage.
United Rentals, Inc. (NYSE: URI) has surpassed 335,000 telematics-equipped equipment units in its rental fleet, enhancing productivity and safety on jobsites. Telematics technology allows customers to track the condition, utilization, location, and performance of their equipment, which in turn improves operational efficiency. The technology leads to better equipment uptime, optimized utilization, enhanced safety, and supports sustainability initiatives by providing insights into environmental impacts. United Rentals operates 1,462 rental locations across North America, Europe, Australia, and New Zealand, offering around 4,600 equipment classes.
United Rentals, Inc. (NYSE: URI) will participate in the 15th Annual Evercore ISI Industrial Conference on March 7, 2023. The presentation will feature CEO Matt Flannery and CFO Ted Grace, starting at 3:00 p.m. ET. Investors can access the presentation at this link or on www.ur.com where it will be archived for 30 days. United Rentals is the largest equipment rental company globally, operating 1,462 locations across North America, Europe, Australia, and New Zealand, with a workforce of around 24,600 employees.
United Rentals, Inc. (NYSE: URI) will participate in the Citi 2023 Global Industrial Tech and Mobility Conference on February 22, 2023. The presentation, led by CEO Matt Flannery and CFO Ted Grace, is scheduled for 4:20 p.m. ET. Interested parties can access the presentation via this link, with an archived version available on www.ur.com for 30 days after the event. United Rentals is the largest equipment rental company worldwide, featuring 1,462 rental locations across North America, Europe, Australia, and New Zealand, offering about 4,600 equipment classes with a total original cost of $19.61 billion.
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