URIUnited Rentals

$1,057.37

Is it safe?

Can URI take a bad year?

United Rentals carries $13.7B of net debt at 3.07× EBITDA: a load its earnings can carry.

$13.7B

Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.07×

Net debt / EBITDA · 2.77× a year ago · the load is going up

Altman Z-score
3.67

Altman Z-score · safe zone, above 3

Debt / equity
1.55×

Debt / equity

Details
Total debtQ1 2026
$13.9B
Cash and short-term investments
$156M
Net debt
$13.7B
EBITDA, trailing twelve months
$4.48B
Operating profit, trailing twelve months
$4.04B
Debt / equity
1.55×
Total debt / EBITDA
3.10×
Annualised volatilitytwo years of daily moves
40%
Worst drawdown on file
−63%
Below its 52-week high
−9.3%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.