United Rentals’ Q4 Sales Up 20% - Modern Distribution Management

Log In

United Rentals’ Q4 Sales Up 20%

Company reports strong sales and earnings in fourth quarter and for full year 2018.

United Rentals, Inc. (NYSE: URI), Stamford, CT, reported double-digit increases for the fourth-quarter and full-year 2018.

Fourth-quarter sales rose 20 percent to $2.3 billion, and profit was $310 million. For the full year, sales rose 21 percent to $8.047 billion, and profit was $1.096 billion.

The company said fourth-quarter rental revenue rose 21 percent to $1.99 billion, and full-year rental revenue rose 21 percent to $6.94 billion.

The results follow several acquisitions in 2017 and 2018, including NES Rentals Holdings, Neff Corp., BakerCorp International Holdings, Inc., and BlueLine.

“We delivered strong fourth quarter results, including broad volume growth and rental rate improvement, in a year that leveraged our numerous competitive advantages,” Michael Kneeland, the company’s chief executive officer, said in a statement announcing the results.


Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.