Filing Flows › United Rentals (URI) › Guidance history
United Rentals (URI) guidance history: what it guided and what it reported
United Rentals gave guidance in 12 earnings releases on file since Jan 24, 2024. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Revenue: 2 of 2, on average +0.5% against the guided midpoint. Its releases raised guidance 6 times and lowered it once.
Revenue
Met or beat 2 of 2 periods (1 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $16.8B–$17.3B (Jan 28, 2026) → raised $16.9B–$17.4B (Apr 22, 2026) → raised $17.5B–$17.8B (Jul 22, 2026) → raised $18.0B–$18.2B (Oct 21, 2026) | — | to be reported | — |
| FY2025 | $15.6B–$16.1B (Jan 29, 2025) → reaffirmed $15.6B–$16.1B (Apr 23, 2025) → raised $15.8B–$16.1B (Jul 23, 2025) → raised $16.0B–$16.2B (Oct 22, 2025) | $16.1B | within the range | 0.0% |
| FY2024 | $14.7B–$15.2B (Jan 24, 2024) → raised $14.9B–$15.4B (Apr 24, 2024) → reaffirmed $15.1B–$15.3B (Jul 24, 2024) → reaffirmed $15.1B–$15.3B (Oct 23, 2024) | $15.3B | above the range | +0.9% |
Operating cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $5.3B–$6.1B (Jan 28, 2026) → raised $5.4B–$6.2B (Apr 22, 2026) → raised $5.8B–$6.7B (Jul 22, 2026) → raised $6.2B–$6.8B (Oct 21, 2026) | — | to be reported | — |
| FY2025 | $4.5B–$5.1B (Jan 29, 2025) → reaffirmed $4.5B–$5.1B (Apr 23, 2025) → raised $4.9B–$5.5B (Jul 23, 2025) → reaffirmed $5.0B–$5.4B (Oct 22, 2025) | $5.2B (GAAP) | not judged | — |
| FY2024 | $4.2B–$4.8B (Jan 24, 2024) → lowered $150M (Apr 24, 2024) → raised $4.3B–$4.9B (Jul 24, 2024) → reaffirmed $4.4B–$4.8B (Oct 23, 2024) | $4.5B (GAAP) | not judged | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $52.0M (Apr 23, 2025) | — | — | — |
| FY2024 | $50.0M (Apr 24, 2024) | $416M (GAAP) | not judged | — |
Capital expenditures
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $2.2B–$2.5B (Apr 23, 2025) | — | — | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $52.0M (Jul 23, 2025) | — | — | — |
| FY2024 | $140M (Apr 24, 2024) → raised $7.1B–$7.2B (Jul 24, 2024) → reaffirmed $7.1B–$7.2B (Oct 23, 2024) | — | — | — |
The latest quarter
United Rentals, Q3 2026: revenue $4.9B (+16% year over year), operating margin 28.8%, net earnings $920M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
Questions
Does United Rentals beat its guidance?
United Rentals gave guidance in 12 earnings releases on file since Jan 24, 2024. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Revenue: 2 of 2, on average +0.5% against the guided midpoint.
How often does United Rentals raise guidance?
Its earnings releases raised guidance 6 times and lowered it once since Jan 24, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.