UNITED RENTALS, INC.

Services-Equipment Rental & Leasing, NEC·STAMFORD, CT·FY end 12/31·CIK 1067701

CEO Pay Ratio

137:1

Matthew J. Flannery

CEO Total Comp

$12.1M

Matthew J. Flannery

Median Employee

$88,098

Revenue

$4.2B

FY 2025

Net Income

$653.0M

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

15.5%

Insider Net (180d)

-$28.7M

1 buys / 6 sales

CEO Pay Accountability

CEO comp as % of net income

1.85%

For every $1,000 of profit, $18.46 flows to the CEO.

CEO comp as % of buybacks

0.61%

CEO comp equals 6.1‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$4.2B	$4.1B	$3.7B	$3.3B	$2.8B
Gross Profit	$1.6B	$1.6B	$1.6B	$1.5B	$1.2B
Operating Income	$1.1B	$1.1B	$1.1B	$1.0B	$745.0M
Net Income	$653.0M	$689.0M	$679.0M	$639.0M	$481.0M
Operating CF	$5.2B	$4.5B	$4.7B	$4.4B	$3.7B
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	$2.0B	$1.6B	$1.1B	$1.1B	$34.0M
Dividends	—	—	—	—	—	—

Gross Margin	37.8%	40.0%	41.9%	45.1%	41.8%
Operating Margin	25.0%	26.5%	28.5%	31.1%	26.8%
Net Margin	15.5%	16.8%	18.2%	19.4%	17.3%
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	25.3%	24.0%	24.5%	24.9%	24.9%
Debt / Equity	1.59	1.56	1.42	1.62	1.63
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Matthew FlanneryPresident and Chief	$1.2M	$9.1M	—	$1.8M	$21.8K	$12.1M
Matthew J. Flannery · CEO	—	—	—	—	—	$12.1M
Craig PintoffExecutive Vice President,	$726.4K	$3.2M	—	$648.7K	$14.8K	$4.6M
William (Ted) GraceExecutive Vice President,	$692.6K	$2.2M	—	$618.5K	$9.4K	$3.5M
Michael DurandExecutive Vice President,	$660.1K	$2.0M	—	$589.5K	$8.9K	$3.3M
Joli GrossSenior Vice President,	$594.5K	$1.2M	—	$530.8K	$15.8K	$2.3M