1、 United Rentals Announces Strong Third Quarter 2025 Results and Raises Full-Year Guidance forRevenue and Capital Spending Supported by Strong Customer Demand2025-10-22STAMFORD,Conn.-(BUSINESS WIRE)-United Rentals,Inc.(NYSE:URI)today announced?nancial results forthe third quarter of 2025,and raised i

2、ts 2025 full-year guidance for total revenue and capital spendingdriven by strong customer demand.Third Quarter 2025 HighlightsTotal revenue of$4.229 billion,including rental revenue 1 of$3.665 billion.Net income of$701 million,at a margin 2 of 16.6%.GAAP diluted earnings per share of$10.91,andadjus

3、ted EPS 3 of$11.70.Adjusted EBITDA 3 of$1.946 billion,at a margin 2 of 46.0%.Year-over-year,?eet productivity 4 increased 2.0%.Year-to-date net cash provided by operating activities of$3.934 billion;free cash?ow 3 of$1.192billion,including gross payments for purchases of rental equipment of$3.576 bi

4、llion.Year-to-date gross rental capital expenditures of$3.760 billion.Returned$1.633 billion to shareholders year-to-date,comprised of$1.283 billion via sharerepurchases and$350 million via dividends paid.Net leverage ratio 5 of 1.86x,with total liquidity 5 of$2.452 billion,at September 30,2025.CEO

5、CommentMatthew Flannery,chief executive o?cer of United Rentals,said,“Our third-quarter results were againsupported by our unrelenting focus on being the partner of choice to our customers as we serve theirneeds across both construction and industrial end-markets.Our team did an outstanding job as w

6、econtinued to lean into growth across both our general rentals and specialty businesses,and our updatedguidance re?ects the momentum we expect to carry through the rest of the year.”Flannery continued,“Looking ahead,we are encouraged by the growth opportunities our customers see onthe horizon,partic