United Rentals, Inc. (URI) Valuation

Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)

United Rentals is the world's largest equipment rental company, principally operating in the US and Canada. It has 16% share in a highly fragmented market serving general industrial (49%), commerci...

United Rentals, Inc. (URI) currently trades at a P/E ratio of 24.29 (historical range: 10.40–29.49, median: 20.65), placing it at the 76th percentile — above its historical average, P/S ratio of 3.81 (range: 1.84–4.39, 89th percentile — expensive relative to its history), EV/EBITDA of 19.02 (range: 10.09–21.30, 88th percentile).

United Rentals, Inc. trades well above its own historical valuation range across most metrics.

Historical Valuation Metrics

MetricCurrentMedian%ileAssessment
P/E Ratio24.2920.6576thabove its historical average
P/S Ratio3.812.9889thexpensive relative to its history
EV/EBITDA19.0216.2188thexpensive relative to its history
FCF Yield5.52%11.20%22thabove its historical average
Current Price: $1029.64
Market Cap: $64.1B
Sector: Industrials

United Rentals, Inc. (URI) Valuation & P/E History

United Rentals, Inc. (URI) is a US-listed stock operating in the Industrials sector, specifically the Farm & Heavy Construction Machinery industry currently trading at $1029.64 with a market capitalization of $64.1 billion. This page provides historical valuation analysis for URI based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 24.29 is above the historical median of 20.65, placing URI at the 76th percentile of its valuation range. The P/S ratio of 3.81 compares to a median of 2.98.

URI Valuation Metrics & Historical Range

The valuation table above shows United Rentals, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether URI is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests URI is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for United Rentals, Inc..
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is URI Overvalued or Undervalued?

United Rentals, Inc. trades well above its own historical valuation range across most metrics. The overall valuation percentile of 84 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive URI is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full URI analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.URI trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

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