United Rentals annual net debt
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United Rentals Net Debt Growth & History (URI)
United Rentals's net debt was $15.21B for fiscal 2025.
View full United Rentals company overviewUnited Rentals annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $15.21B | $879.0M | +6.13% |
| 2024 | 2024-12-31 | $14.33B | $2.03B | +16.53% |
| 2023 | 2023-12-31 | $12.30B | $182.0M | +1.50% |
| 2022 | 2022-12-31 | $12.12B | $1.75B | +16.91% |
| 2021 | 2021-12-31 | $10.36B | $157.0M | +1.54% |
| 2020 | 2020-12-31 | $10.21B | −$1.88B | −15.55% |
| 2019 | 2019-12-31 | $12.09B | $383.0M | +3.27% |
| 2018 | 2018-12-31 | $11.70B | $2.62B | +28.79% |
| 2017 | 2017-12-31 | $9.09B | $1.61B | +21.53% |
| 2016 | 2016-12-31 | $7.48B | −$505.0M | −6.33% |
| 2015 | 2015-12-31 | $7.98B | $179.0M | +2.29% |
| 2014 | 2014-12-31 | $7.80B | $806.0M | +11.52% |
| 2013 | 2013-12-31 | $7.00B | −$205.0M | −2.85% |
| 2012 | 2012-12-31 | $7.20B | $4.25B | +144.09% |
| 2011 | 2011-12-31 | $2.95B | $578.0M | +24.36% |
| 2010 | 2010-12-31 | $2.37B | — | — |
United Rentals quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $15.27B | $1.37B | +9.82% |
| Q1 2026 | 2026-03-31 | $14.86B | $1.41B | +10.50% |
| Q4 2025 | 2025-12-31 | $15.21B | $879.0M | +6.13% |
| Q3 2025 | 2025-09-30 | $14.70B | $764.0M | +5.48% |
| Q2 2025 | 2025-06-30 | $13.91B | $497.0M | +3.71% |
| Q1 2025 | 2025-03-31 | $13.45B | $509.0M | +3.93% |
| Q4 2024 | 2024-12-31 | $14.33B | $2.03B | +16.53% |
| Q3 2024 | 2024-09-30 | $13.94B | $1.30B | +10.31% |
| Q2 2024 | 2024-06-30 | $13.41B | $804.0M | +6.38% |
| Q1 2024 | 2024-03-31 | $12.94B | $536.0M | +4.32% |
| Q4 2023 | 2023-12-31 | $12.30B | $182.0M | +1.50% |
| Q3 2023 | 2023-09-30 | $12.63B | $2.17B | +20.74% |
| Q2 2023 | 2023-06-30 | $12.61B | $2.22B | +21.37% |
| Q1 2023 | 2023-03-31 | $12.41B | $2.39B | +23.91% |
| Q4 2022 | 2022-12-31 | $12.12B | $1.75B | +16.91% |
| Q3 2022 | 2022-09-30 | $10.46B | −$134.0M | −1.26% |
| Q2 2022 | 2022-06-30 | $10.39B | −$260.0M | −2.44% |
| Q1 2022 | 2022-03-31 | $10.01B | $489.0M | +5.13% |
| Q4 2021 | 2021-12-31 | $10.36B | $157.0M | +1.54% |
| Q3 2021 | 2021-09-30 | $10.60B | $19.0M | +0.18% |
| Q2 2021 | 2021-06-30 | $10.65B | −$338.0M | −3.08% |
| Q1 2021 | 2021-03-31 | $9.52B | −$2.27B | −19.24% |
| Q4 2020 | 2020-12-31 | $10.21B | −$1.88B | −15.55% |
| Q3 2020 | 2020-09-30 | $10.58B | −$1.72B | −13.99% |
| Q2 2020 | 2020-06-30 | $10.98B | −$1.30B | −10.60% |
| Q1 2020 | 2020-03-31 | $11.79B | −$429.0M | −3.51% |
| Q4 2019 | 2019-12-31 | $12.09B | $383.0M | +3.27% |
| Q3 2019 | 2019-09-30 | $12.30B | $2.29B | +22.84% |
| Q2 2019 | 2019-06-30 | $12.29B | $3.42B | +38.54% |
| Q1 2019 | 2019-03-31 | $12.22B | $3.36B | +37.92% |
| Q4 2018 | 2018-12-31 | $11.70B | $2.62B | +28.79% |
| Q3 2018 | 2018-09-30 | $10.01B | $1.97B | +24.43% |
| Q2 2018 | 2018-06-30 | $8.87B | $992.0M | +12.59% |
| Q1 2018 | 2018-03-31 | $8.86B | $1.85B | +26.35% |
| Q4 2017 | 2017-12-31 | $9.09B | $1.61B | +21.53% |
| Q3 2017 | 2017-09-30 | $8.05B | $342.0M | +4.44% |
| Q2 2017 | 2017-06-30 | $7.88B | $301.0M | +3.97% |
| Q1 2017 | 2017-03-31 | $7.01B | −$522.0M | −6.93% |
| Q4 2016 | 2016-12-31 | $7.48B | −$505.0M | −6.33% |
| Q3 2016 | 2016-09-30 | $7.71B | −$639.0M | −7.66% |
| Q2 2016 | 2016-06-30 | $7.58B | −$634.0M | −7.72% |
| Q1 2016 | 2016-03-31 | $7.53B | −$284.0M | −3.63% |
| Q4 2015 | 2015-12-31 | $7.98B | $179.0M | +2.29% |
| Q3 2015 | 2015-09-30 | $8.34B | $417.0M | +5.26% |
| Q2 2015 | 2015-06-30 | $8.21B | $365.0M | +4.65% |
| Q1 2015 | 2015-03-31 | $7.82B | $1.01B | +14.77% |
| Q4 2014 | 2014-12-31 | $7.80B | $806.0M | +11.52% |
| Q3 2014 | 2014-09-30 | $7.93B | $470.0M | +6.30% |
| Q2 2014 | 2014-06-30 | $7.84B | $622.0M | +8.61% |
| Q1 2014 | 2014-03-31 | $6.81B | −$188.0M | −2.69% |
| Q4 2013 | 2013-12-31 | $7.00B | −$205.0M | −2.85% |
| Q3 2013 | 2013-09-30 | $7.46B | $150.0M | +2.05% |
| Q2 2013 | 2013-06-30 | $7.22B | −$25.0M | −0.34% |
| Q1 2013 | 2013-03-31 | $7.00B | $1.06B | +17.94% |
| Q4 2012 | 2012-12-31 | $7.20B | $4.25B | +144.09% |
| Q3 2012 | 2012-09-30 | $7.31B | $4.80B | +191.93% |
| Q2 2012 | 2012-06-30 | $7.25B | $4.76B | +191.79% |
| Q1 2012 | 2012-03-31 | $5.93B | — | — |
| Q4 2011 | 2011-12-31 | $2.95B | $578.0M | +24.36% |
| Q3 2011 | 2011-09-30 | $2.50B | — | — |
| Q2 2011 | 2011-06-30 | $2.48B | — | — |
| Q4 2010 | 2010-12-31 | $2.37B | — | — |
United Rentals net debt trends
Over the last five fiscal years, United Rentals's net debt increased from $10.21B to $15.21B, a change of $5.00B. The latest reported quarter, Q2 2026, shows $15.27B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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