United Rentals (URI) Invested Capital (2010 - 2026)
United Rentals (URI) recorded Invested Capital of $24.37 billion in Q3 2026, up 5.3% from $23.15 billion a year earlier and up 3.9% from the prior quarter.
United Rentals (URI) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, United Rentals reported Invested Capital of $23.2 billion, up 5.3% from FY2024.
- Annual Invested Capital has increased for five straight years, with a five-year compound annual growth rate of 10.3% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $22.03 billion in FY2024 (+12.1%), $19.65 billion in FY2023 (+6.6%), $18.43 billion in FY2022 (+17.6%) and $15.68 billion in FY2021 (+10.2%).
- The Q3 2026 figure is the highest quarterly Invested Capital in data going back to Q4 2010.
- On a year-over-year basis, Invested Capital has increased for 22 consecutive quarters, with growth averaging 6.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Invested Capital ranged from 4.0% (Q2 2022) to 22.0% (Q2 2023).
- Per Business Quant, the preceding three quarters came in at $23.45 billion (Q2 2026), $22.85 billion (Q1 2026) and $23.2 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 68.92 Bn | 68.04 Bn | 2.05 Bn | 24.37 Bn |
| 2 | W.W. Grainger | 64.06 Bn | 62.04 Bn | 1.98 Bn | 6.92 Bn |
| 3 | Fastenal | 60.50 Bn | 59.49 Bn | 1.10 Bn | 4.25 Bn |
| 4 | Ferguson Enterprises | 44.11 Bn | 41.32 Bn | 2.32 Bn | 10.00 Bn |
| 5 | Sunbelt Rentals Holdings | 32.31 Bn | 32.19 Bn | 1.25 Bn | 16.00 Bn |
| 6 | Reliance | 21.38 Bn | 20.42 Bn | 1.30 Bn | 9.08 Bn |
| 7 | Wesco International | 15.77 Bn | 13.08 Bn | 1.46 Bn | 11.16 Bn |
| 8 | Applied Industrial Technologies | 11.75 Bn | 11.63 Bn | 411.22 Mn | 2.12 Bn |
| 9 | Watsco | 11.64 Bn | 9.81 Bn | 578.93 Mn | 3.59 Bn |
| 10 | Avantor | 11.60 Bn | 10.40 Bn | 537.00 Mn | 9.33 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.37 Bn |
| Jun 30, 2026 | 23.45 Bn |
| Mar 31, 2026 | 22.85 Bn |
| Dec 31, 2025 | 23.20 Bn |
| Sep 30, 2025 | 23.15 Bn |
| Jun 30, 2025 | 22.42 Bn |
| Mar 31, 2025 | 21.71 Bn |
| Dec 31, 2024 | 22.03 Bn |
| Sep 30, 2024 | 21.98 Bn |
| Jun 30, 2024 | 21.17 Bn |
| Mar 31, 2024 | 20.53 Bn |
| Dec 31, 2023 | 19.65 Bn |
| Sep 30, 2023 | 19.78 Bn |
| Jun 30, 2023 | 19.35 Bn |
| Mar 31, 2023 | 18.78 Bn |
| Dec 31, 2022 | 18.43 Bn |
| Sep 30, 2022 | 16.26 Bn |
| Jun 30, 2022 | 15.87 Bn |
| Mar 31, 2022 | 15.57 Bn |
| Dec 31, 2021 | 15.68 Bn |
United Rentals Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=URI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "URI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=URI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();