United Rentals’ 2Q Sales Up 18% - Modern Distribution Management

Log In

United Rentals’ 2Q Sales Up 18%

For the first six months of 2021, United Rentals posted a total of $4.43 billion in revenue compared to $4.06 billion over the same timeframe in last year.
United Rentals 4Q 2020

On Wednesday, United Rentals Inc. (NYSE: URI), Stamford, Connecticut, reported second-quarter sales of $2.29 billion, which was up 18% from $1.94 billion last year.

For the first six months of this year, United Rentals posted a total of $4.43 billion in revenue compared to $4.06 billion over the same timeframe in 2020. Net income for the quarter increased 38.2% year-over-year to $293 million.

“We were pleased with our second quarter results, which were in line with our expectations and reflected a continued recovery across our construction and industrial markets,” said United Rentals CEO Matthew Flannery. “I continue to be proud of the job our team does every day to safely support our customers as their activity levels rebound.

United Rentals expects full-year revenue to be in the range of $9.45 billion to $9.75 billion.

“Looking forward, we remain encouraged by the gains we’ve seen in end-market indicators, including our customers’ sentiment and project visibility,” Flannery said. “We are raising our guidance to reflect the expected contribution from our recently completed acquisitions, as well as accelerated momentum in our underlying business. Combined, we believe this positions us well to deliver strong growth and returns in the second half of the year.”

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.