| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net income | 1,841 | 1,140 | 518 | 1,886 |
| Depreciation and amortization | 2,303 | 1,510 | 751 | 2,141 |
| Amortization of deferred financing costs and original issue discounts | 11 | 8 | 4 | 11 |
| Gain on sales of rental equipment | 460 | 313 | 167 | 505 |
| Gain on sales of non-rental equipment | 15 | 10 | 4 | 13 |
| Insurance proceeds from damaged equipment | 36 | 23 | 11 | 38 |
| Stock compensation expense, net | 102 | 70 | 36 | 79 |
| Restructuring charge | 1 | 1 | 1 | 3 |
| Debt related activity | -15 | -13 | -13 | -1 |
| Increase (decrease) in deferred taxes | 259 | -38 | -16 | -31 |
| Increase in accounts receivable | 208 | -5 | -62 | 51 |
| (increase) decrease in inventory | 33 | 41 | 27 | -5 |
| Increase in prepaid expenses and other assets | 202 | 114 | -67 | 44 |
| Increase in accounts payable | 338 | 529 | 233 | 152 |
| Increase (decrease) in accrued expenses and other liabilities | 18 | 16 | -35 | -98 |
| Net cash provided by operating activities | 3,934 | 2,753 | 1,425 | 3,498 |
| Payments for purchases of rental equipment | 3,576 | 2,121 | 661 | 3,178 |
| Payments for purchases of non-rental equipment and intangible assets | 273 | 182 | 84 | 266 |
| Proceeds from sales of rental equipment | 1,027 | 694 | 377 | 1,069 |
| Proceeds from sales of non-rental equipment | 44 | 31 | 14 | 50 |
| Insurance proceeds from damaged equipment | 36 | 23 | 11 | 38 |
| Purchases of other companies, net of cash acquired | 22 | 16 | 17 | 1,342 |
| Purchases of investments | 2 | 1 | 1 | 4 |
| Net cash used in investing activities | -2,766 | -1,572 | -361 | -3,633 |
| Proceeds from debt | 7,467 | 4,829 | 2,098 | 9,729 |
| Payments of debt | 6,862 | 4,952 | 2,636 | 7,964 |
| Payment of contingent consideration | 23 | 23 | 23 | - |
| Common stock repurchased, including tax withholdings for share-based compensation | 1,338 | 720 | 289 | 1,168 |
| Payments of financing and other debt related costs | 23 | 14 | 13 | 17 |
| Dividends paid | 350 | 235 | 118 | 326 |
| Net cash (used in) provided by financing activities | -1,129 | -1,115 | -981 | 254 |
| Effect of foreign exchange rates | 16 | 25 | 2 | -3 |
| Net increase in cash and cash equivalents | 55 | 91 | 85 | 116 |
| Cash and cash equivalents at beginning of period | 457 | 457 | 457 | 363 |
| Cash and cash equivalents at end of period | 512 | 548 | 542 | 479 |
UNITED RENTALS, INC. (URI)
UNITED RENTALS, INC. (URI)