United Rentals Tops Q3 Estimates, Lifts 2026 Revenue and EBITDA Guidance
URI sits 53% above its 52-week low of $701.59.
Summary
United Rentals posted record Q3 revenue of $4.893B and EPS of $14.77, raised 2026 revenue and adjusted EBITDA guidance, and lifted the quarterly dividend to $1.97.
Key Events · Earnings and Guidance · URI
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Record Q3 With Guidance Raise
Revenue rose 15.7% to $4.893B and diluted EPS jumped to $14.77 from $10.91, while full-year 2026 revenue guidance was raised to $18.0-$18.2B from $17.5-$17.8B.
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Adjusted EBITDA Outlook Lifted
Q3 adjusted EBITDA came in at $2.331B on a 47.6% margin, up 160 bps, and 2026 adjusted EBITDA guidance rose to $8.3-$8.4B from $7.975-$8.125B.
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Dividend Raised to $1.97
The quarterly dividend increased to $1.97 per share from $1.79, payable November 25, 2026 to holders of record November 11, 2026.
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Buyback and Leverage
The company repurchased $1.125B year-to-date under the $5.0B program, with $1.5B planned for 2026; net leverage stood at 1.8x and total liquidity at $2.615B as of September 30, 2026.
Analysis · URI · Trade & Services
The forward earnings picture is what changed here, not the in-line headline print. Record Q3 revenue rose 15.7% to $4.893B, with diluted EPS of $14.77 (adjusted $15.55), and management raised full-year 2026 revenue guidance to $18.0-$18.2B from $17.5-$17.8B and adjusted EBITDA to $8.3-$8.4B from $7.975-$8.125B. The board also nudged the quarterly dividend to $1.97 from $1.79. With free cash flow of $1.421B year-to-date, the company is funding $1.5B of 2026 buybacks at 1.8x net leverage, so the capital return is self-funded rather than debt-driven.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.4% of the 1563 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, URI was trading at $1,070.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $66.5B. The 52-week trading range was $701.59 to $1,179.18. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.