United Rentals, Inc. (URI) financial statements (2020 and earlier)

Company profile

Business Address 100 FIRST STAMFORD PLACE
STAMFORD, CT 06902
State of Incorp. DE
Fiscal Year End December 31
SIC 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5243352312179158175
Cash and cash equivalents5243352312179158175
Receivables1,5301,5451,233920930940804
Inventory, net of allowances, customer advances and progress billings1201097568697870
Inventory1201097568697870
Deferred tax assets    248260
Other undisclosed current assets140641126111612253
Total current assets:1,8421,7611,7721,3611,2941,5461,362
Noncurrent Assets
Operating lease, right-of-use asset669
Property, plant and equipment604614467   421
Intangible assets, net (including goodwill)6,0496,1424,9574,0024,1484,3783,971
Goodwill5,1545,0584,0823,2603,2433,2722,953
Intangible assets, net (excluding goodwill)8951,0848757429051,1061,018
Other noncurrent assets19161061097103
Deferred tax assets, net    (1,692)(1,459)
Other undisclosed noncurrent assets9,7879,6007,8246,6196,6318,1386,833
Total noncurrent assets:17,12816,37213,25810,62710,78910,9219,869
TOTAL ASSETS:18,97018,13315,03011,98812,08312,46711,231
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2011,2139455876261,094778
Accounts payable454536409243271285292
Accrued liabilities747677536344355575390
Employee-related liabilities     9767
Taxes payable     3529
Interest and dividends payable     102 
Debt997903723597607618604
Self insurance reserve     4234
Deferred revenue and credits   3932
Other undisclosed current liabilities     (315)(162)
Total current liabilities:2,1982,1161,6681,1841,2331,4781,286
Noncurrent Liabilities
Long-term debt and lease obligation, including:10,43110,8448,7177,1937,5557,4346,569
Finance lease, liability69
Operating lease, liability533
Other undisclosed long-term debt and lease obligation9,82910,8448,7177,1937,5557,4346,569
Liabilities, other than long-term debt1,978831201,9631,8191,8071,757
Deferred tax liabilities, net  1,8961,7651,6921,628
Deferred income tax liabilities1,887
Other liabilities918312067546569
Self insurance reserve     5060
Other undisclosed noncurrent liabilities5331,6871,419  (50)(229)
Total noncurrent liabilities:12,94212,61410,2569,1569,3749,1918,097
Total liabilities:15,14014,73011,92410,34010,60710,6699,383
Temporary equity, carrying amount     220
Stockholders' equity
Stockholders' equity attributable to parent3,8303,4033,1061,6481,4761,7961,828
Common stock1111111
Treasury stock, value(3,700)(2,870)(2,105)(2,077)(1,560)(802)(209)
Additional paid in capital2,4402,4082,3562,2882,1972,1682,054
Accumulated other comprehensive income (loss)(186)(237)(151)(218)(250)(74)19
Retained earnings (accumulated deficit)5,2754,1013,0051,6541,088503(37)
Total stockholders' equity:3,8303,4033,1061,6481,4761,7961,828
TOTAL LIABILITIES AND EQUITY:18,97018,13315,03011,98812,08312,46711,231

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues9,3518,0476,6415,7625,8175,6854,955
Revenue, net6,6415,7625,8175,6854,361
Operating leases, income statement, lease revenue5,946
Cost of revenue(5,681)(4,683)(3,872)(3,359)(3,337)(3,253)(2,968)
Cost of goods and services sold (1,363)(3,334)(1,031)(1,014)(953)(911)
Gross profit:3,6703,3642,7692,4032,4802,4321,987
Operating expenses(1,518)(1,413)(1,262)(988)(962)(1,030)(727)
Other undisclosed operating loss     (11)(182)
Operating income:2,1521,9511,5071,4151,5181,3911,078
Nonoperating income1065512144
Investment income, nonoperating      (1)
Other nonoperating income1065512145
Interest and debt expense(61) (54)(101)(123)(80)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (473)
Income from continuing operations before equity method investments, income taxes:2,1011,9571,4581,3191,4071,325605
Other undisclosed loss from continuing operations before income taxes(587)(481)(410)(410)(444)(475) 
Income from continuing operations before income taxes:1,5141,4761,048909963850605
Income tax expense (benefit)(340)(380)298(343)(378)(310)(218)
Net income available to common stockholders, diluted:1,1741,0961,346566585540387

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1,1741,0961,346566585540387
Comprehensive income:1,1741,0961,346566585540387
Other undisclosed comprehensive income (loss), net of tax, attributable to parent51(86)6732(176)(93)(65)
Comprehensive income, net of tax, attributable to parent:1,2251,0101,413598409447322

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: