United Rentals Inc.
Cash Flow Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $531.0M | $653.0M | $701.0M | $622.0M | $518.0M | $689.0M | $708.0M | $636.0M |
| Depreciation & Amortization | $114.0M | — | $109.0M | $108.0M | $114.0M | — | $109.0M | $109.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | $64.0M | $66.0M |
| Stock-Based Compensation | $36.0M | — | — | — | $36.0M | — | — | — |
| Net Cash from Operating Activities | $1.51B | — | $1.18B | $1.33B | $1.43B | — | $1.20B | $1.27B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | $1.37B | $1.53B |
| Business Acquisitions | $396.0M | — | — | — | $17.0M | — | — | — |
| Net Cash from Investing Activities | $-853.0M | — | — | — | $-361.0M | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | $125.0M | — | — | — | $118.0M | — | — | — |
| Stock Repurchases | $421.0M | — | — | — | $289.0M | — | — | — |
| Net Cash from Financing Activities | $-958.0M | — | — | — | $-981.0M | — | — | — |
| Net Change in Cash | $-303.0M | — | — | — | $85.0M | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | $-168.0M | $-263.0M |