United Rentals (URI) Shares Outstanding (Diluted) (2010 - 2026)
United Rentals' Shares Outstanding (Diluted) came in at 62.63 million for Q2 2026, down 3.6% from 64.95 million a year earlier and down 0.6% from the prior quarter.
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Analysis
United Rentals (URI) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, United Rentals' Shares Outstanding (Diluted) was 64.6 million, down 2.9% from FY2024.
- Shares Outstanding (Diluted) has declined in each of the last 12 years, with a five-year compound annual growth rate of -2.4% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 66.57 million in FY2024 (-3.1%), 68.71 million in FY2023 (-3.2%), 70.97 million in FY2022 (-2.5%) and 72.82 million in FY2021 (-0.2%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding (Diluted) since Q1 2011.
- Year-over-year, Shares Outstanding (Diluted) has declined for 17 consecutive quarters, with an average decline of 3.1% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q3 2021 (growth of 0.4%), and the weakest in Q1 2023 (a decline of 4.0%).
- Business Quant data shows URI's Shares Outstanding (Diluted) at 63.03 million (Q1 2026), 64.6 million (Q4 2025) and 64.28 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 68.86 Bn | 67.98 Bn | 2.05 Bn | 62.26 Mn |
| 2 | W.W. Grainger | 64.05 Bn | 61.64 Bn | 1.98 Bn | 47.20 Mn |
| 3 | Fastenal | 60.38 Bn | 59.38 Bn | 1.10 Bn | 1.15 Bn |
| 4 | Ferguson Enterprises | 44.23 Bn | 41.45 Bn | 2.32 Bn | 194.80 Mn |
| 5 | Sunbelt Rentals Holdings | 32.21 Bn | 32.09 Bn | 1.25 Bn | 411.31 Mn |
| 6 | Reliance | 21.26 Bn | 20.30 Bn | 1.30 Bn | 51.38 Mn |
| 7 | Wesco International | 15.74 Bn | 13.06 Bn | 1.46 Bn | 49.40 Mn |
| 8 | Watsco | 12.52 Bn | 10.20 Bn | 578.93 Mn | 38.19 Mn |
| 9 | Applied Industrial Technologies | 11.94 Bn | 11.81 Bn | 411.22 Mn | 37.86 Mn |
| 10 | Avantor | 11.55 Bn | 10.35 Bn | 537.00 Mn | 677.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 62.26 Mn |
| Jun 30, 2026 | 62.63 Mn |
| Mar 31, 2026 | 63.03 Mn |
| Dec 31, 2025 | 64.60 Mn |
| Sep 30, 2025 | 64.28 Mn |
| Jun 30, 2025 | 64.95 Mn |
| Mar 31, 2025 | 65.44 Mn |
| Dec 31, 2024 | 66.57 Mn |
| Sep 30, 2024 | 66.19 Mn |
| Jun 30, 2024 | 66.71 Mn |
| Mar 31, 2024 | 67.42 Mn |
| Dec 31, 2023 | 68.71 Mn |
| Sep 30, 2023 | 68.26 Mn |
| Jun 30, 2023 | 68.84 Mn |
| Mar 31, 2023 | 69.75 Mn |
| Dec 31, 2022 | 70.97 Mn |
| Sep 30, 2022 | 70.05 Mn |
| Jun 30, 2022 | 71.35 Mn |
| Mar 31, 2022 | 72.68 Mn |
| Dec 31, 2021 | 72.82 Mn |
API Access
United Rentals Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=URI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=URI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();