United Rentals Hits Q3 Revenue High, Faces Margin Pressure
United Rentals Inc. set a quarterly revenue record in Q3 on surging demand in its specialty rentals segment, but the company faced margin pressure on bottom-line results.
October 28, 2024United Rentals Q4 Profit Rises 6.3% on Broad Demand Strength
United Rentals reported net profit of $679 million in the fourth quarter of 2023, a 6.3% year-over-year increase compared with $639 million in the year-ago period.
United Rentals Profit Rises on Ahern Deal, Demand Tailwind
United Rentals Inc. reported net income of $591 million in the second quarter of 2023, an increase of 19.9% from $493 million in the year-ago period, the company said.
Infrastructure Spending Expected to Benefit United Rentals
United Rentals executives foresee a rosy outlook for the business and sector as a result of increased infrastructure spending in the coming months and years after posting increased year-over-year profits in the first three months of 2023, they said April 27.
United Rentals Agrees to Acquire BlueLine Rental
United Rentals Inc. has agreed to purchase BlueLine Rental, a construction equipment rental business based in The Woodlands, Texas, from Platinum Equity for $2.1 billion in cash.
November 5, 2018United Rentals to Acquire Neff Rentals for $1.3 Billion
United Rentals Inc. is making its second acquisition this year, offering to buy Miami-based Neff Rentals for $1.3 billion and terminating a previously announced merger between Neff and H&E Equipment Services.