United Rentals price to free cash flow URI
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 12.7×
- 8-year median
- 7.4×
- Against its 8-year history
- 95th
- percentile: 0 is its lowest day, 100 its highest
- 8-year range
- 1.9× to 14.3×
- Peer median
- 26.6×
United Rentals' price to free cash flow is 12.7× as of Oct 23, 2026.
That is above its 8-year median of 7.4×, higher than on 95% of days in the last 8 years.
Over that time it ranged from 1.9× in Mar 2020 to 14.3× in Jun 2026.
The median for 10 industrial stocks of a similar size is 26.6×.
Price to free cash flow over time
The dashed line is the 8-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 12.7× | 9.3× | 14.3× |
| 2025 | 11.5× | 8.8× | 13.7× |
| 2024 | 10.3× | 8.7× | 12.6× |
| 2023 | 9.2× | 5.4× | 9.2× |
| 2022 | 6.8× | 4.8× | 7.5× |
| 2021 | 7.5× | 7.1× | 9.7× |
| 2020 | 6.6× | 1.9× | 7.0× |
| 2019 | 4.1× | 3.1× | 4.1× |
| 2018 | 3.4× | 3.3× | 5.8× |
| 2017 | n/m a value too high to mean anything | ||
| 2016 | 3.4× | 2.2× | 3.8× |
| 2015 | 3.8× | 3.0× | 5.8× |
| 2014 | 5.9× | 5.1× | 7.1× |
| 2013 | 5.8× | 4.3× | 8.2× |
| 2012 | 7.0× | 3.1× | 7.4× |
Against its peers
Companies in Industrials nearest United Rentals' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| URIUnited Rentals | 12.7× |
| HONHoneywell International | 16.9× |
| FDXFedEx | 13.8× |
| CMICummins | 21.2× |
| GWWW.W. Grainger | 42.1× |
| RSGRepublic Services | 27.8× |
| NSCNorfolk Southern | 45.4× |
| HWMHowmet Aerospace | 41.4× |
| VRTVertiv | 25.5× |
| TDGTransDigm | 31.7× |
| NOCNorthrop Grumman | 21.5× |
| Peer median | 26.6× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on United Rentals
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.