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-0.0006438820980336 0.000817628060995007 0.00433342872327379 0.0026238706512408 0.00757327991496665 0.00506929397816925 -0.00965823147050411 0.00117534033768037
Stock impact report

United Rentals (URI) Q4 2024 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

United Rentals, Inc. (URI) 
Last united rentals, inc. earnings: 4/29 04:15 pm Check Earnings Report
Chief financial officer — Ted Grace Need a quote from a Motley Fool analyst? Email pr@fool.com Takeaways Total revenue -- Nearly $4.1 billion in the fourth quarter, up 9.8% year over year, setting a quarterly record. Rental revenue -- $3.4 billion in the fourth quarter, an increase of 9.7% year over year, also a record for the period. Fleet productivity -- Rose 4.3% as reported and 2% excluding Yak Access, with owned equipment rental growth supported by a 4.1% larger average fleet size. Specialty rental revenue -- Increased more than 30% year over year; excluding Yak Access, organic growth was 18%, with fifteen new specialty locations launched in the quarter and seventy-two for the year. Used equipment sales -- Exceeded $850 million in the quarter, a company record, with $452 million in proceeds at an adjusted margin of 48.9% and a recovery rate of 53% on average eight-year-old assets. Adjusted EBITDA -- $1.9 billion, up $91 million or 5% year over year, with a margin Show less Read more
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