United Rentals (URI) Operating Leases (2019 - 2026)
United Rentals (URI) posted Operating Leases of $1.16 billion for Q2 2026, up 7.9% from $1.07 billion a year earlier and up 1.9% from the prior quarter.
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Analysis
United Rentals (URI) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, United Rentals' Operating Leases came in at $1.12 billion, up 3.2% from FY2024.
- Annual Operating Leases has increased for six consecutive years, with a five-year compound annual growth rate of 15.4% (FY2020 to FY2025).
- In prior years, United Rentals' Operating Leases was $1.09 billion in FY2024 (+21.7%), $895 million in FY2023 (+39.4%), $642 million in FY2022 (+3.4%) and $621 million in FY2021 (+13.1%).
- The Q2 2026 figure stands as the highest quarterly Operating Leases in data going back to Q1 2019.
- On a year-over-year basis, Operating Leases has increased in each of the last 26 quarters, with growth averaging 9.6% over the last eight quarters.
- The year-over-year growth in Operating Leases has ranged between 0.5% (Q2 2022) and 41.5% (Q2 2023) over the last five years.
- According to Business Quant data, Operating Leases for the three prior quarters was $1.13 billion (Q1 2026), $1.12 billion (Q4 2025) and $1.06 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn |
| 10 | Avantor | 11.26 Bn | 10.06 Bn | 537.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 Bn |
| Mar 31, 2026 | 1.13 Bn |
| Dec 31, 2025 | 1.12 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 1.07 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 1.02 Bn |
| Jun 30, 2024 | 988.00 Mn |
| Mar 31, 2024 | 966.00 Mn |
| Dec 31, 2023 | 895.00 Mn |
| Sep 30, 2023 | 890.00 Mn |
| Jun 30, 2023 | 896.00 Mn |
| Mar 31, 2023 | 857.00 Mn |
| Dec 31, 2022 | 642.00 Mn |
| Sep 30, 2022 | 630.00 Mn |
| Jun 30, 2022 | 633.00 Mn |
| Mar 31, 2022 | 625.00 Mn |
| Dec 31, 2021 | 621.00 Mn |
| Sep 30, 2021 | 615.00 Mn |
API Access
United Rentals Operating Leases 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=operating-leases&ticker=URI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=URI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();