NYSE$URI
United Rentals Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Announced second quarter 2021 results and raised 2021 guidance.
United Rentals reported strong second-quarter results, with total revenue reaching $2.287 billion and net income of $293 million. Fleet productivity increased by 17.8% year-over-year, and the company raised its full-year 2021 guidance, reflecting the expected contribution from recent acquisitions and accelerated momentum in its underlying business.
- Total revenue reached $2.287 billion, including rental revenue of $1.951 billion.
- Fleet productivity increased 17.8% year-over-year.
- Net income was $293 million, with a net income margin of 12.8%, and adjusted EPS was $4.66, including approximately $0.13 of one-time acquisition costs.
- Adjusted EBITDA was $999 million, with an adjusted EBITDA margin of 43.7%, including approximately $13 million of one-time acquisition costs.
Headline financials
Revenue & EPS history
United Rentals · Revenue · Quarterly
$2.29B
Revenue by segment
United Rentals · $1.95B total across 2 segments · Q2 2021
- General Rentals$1.47B+16.8%75.1%
- Specialty Rentals$485M+25.3%24.9%
Forward guidance
The company has updated its 2021 outlook, in large part to reflect the expected contribution from the May 2021 acquisition of General Finance Corporation.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+3.1%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+4.7%
Avg return
30 days after
70%
46 / 66 earnings
Positive
+25.8%
Q1 2026
Best reaction
-19.9%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +25.8% | +19.9% | +16.9% | |
| Q4 2025 | -7.9% | -12.2% | -7.0% | |
| Q3 2025 | -7.8% | -11.7% | -19.3% | |
| Q2 2025 | -1.4% | -2.1% | +1.8% | |
| Q1 2025 | +9.9% | +7.0% | +18.8% | |
| Q4 2024 | +2.1% | -0.6% | -15.3% | |
| Q3 2024 | -2.7% | -2.7% | +0.2% | |
| Q2 2024 | +1.4% | +0.1% | +0.1% | |
| Q1 2024 | +4.5% | +7.8% | +1.8% | |
| Q4 2023 | +12.7% | +12.1% | +13.9% | |
| Q3 2023 | -0.6% | +1.1% | +15.0% | |
| Q2 2023 | -2.0% | +3.2% | -0.2% | |
| Q1 2023 | -5.3% | -4.2% | -7.1% | |
| Q4 2022 | +9.6% | +8.9% | +14.4% | |
| Q3 2022 | +1.2% | +7.0% | +21.7% | |
| Q2 2022 | +10.4% | +15.7% | +10.9% | |
| Q1 2022 | +5.4% | +1.6% | -1.6% | |
| Q4 2021 | +3.7% | +3.8% | +2.6% | |
| Q3 2021 | +2.8% | +7.3% | +1.4% | |
| Q2 2021 | -1.3% | -0.1% | +8.7% | |
| Q1 2021 | +0.8% | -0.9% | +2.8% | |
| Q4 2020 | +2.2% | +2.0% | +19.8% | |
| Q3 2020 | -0.9% | +10.2% | +33.2% | |
| Q2 2020 | -0.9% | +0.8% | +15.3% | |
| Q1 2020 | +10.3% | +0.2% | +19.2% | |
| Q4 2019 | -5.9% | -7.3% | -12.0% | |
| Q3 2019 | +6.0% | +7.4% | +27.9% | |
| Q2 2019 | -12.0% | -14.2% | -21.5% | |
| Q1 2019 | +7.9% | +7.5% | +0.2% | |
| Q4 2018 | +4.3% | +5.5% | +15.7% | |
| Q3 2018 | -16.4% | -18.6% | -18.6% | |
| Q2 2018 | +2.9% | -1.9% | -1.1% | |
| Q1 2018 | -5.2% | -7.8% | -4.3% | |
| Q4 2017 | -2.1% | -2.9% | -3.6% | |
| Q3 2017 | +0.7% | -1.3% | +4.7% | |
| Q2 2017 | +4.3% | +0.8% | -4.8% | |
| Q1 2017 | -5.5% | -5.3% | -8.1% | |
| Q4 2016 | +11.8% | +13.3% | +9.3% | |
| Q3 2016 | +3.5% | +0.2% | +19.0% | |
| Q2 2016 | +12.2% | +15.3% | +18.1% | |
| Q1 2016 | +6.1% | — | — | |
| Q4 2015 | -19.9% | — | — | |
| Q3 2015 | +11.6% | — | — | |
| Q2 2015 | -15.0% | — | — | |
| Q1 2015 | -3.1% | — | — | |
| Q4 2014 | +1.8% | — | — | |
| Q3 2014 | +7.8% | — | — | |
| Q2 2014 | +2.2% | — | — | |
| Q1 2014 | +5.6% | — | — | |
| Q4 2013 | +2.2% | — | — | |
| Q3 2013 | +7.9% | — | — | |
| Q2 2013 | +7.9% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +0.5% | — | — | |
| Q3 2012 | +17.3% | — | — | |
| Q2 2012 | -13.4% | — | — | |
| Q1 2012 | +10.4% | — | — | |
| Q1 2011 | +13.5% | — | — | |
| Q4 2009 | +0.6% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2010 | +14.7% | — | — | |
| Q3 2011 | +14.7% | — | — | |
| Q4 2010 | +11.3% | — | — | |
| Q2 2010 | +11.3% | — | — | |
| Q2 2011 | +11.3% | — | — | |
| Q1 2010 | +16.6% | — | — |
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