Stock Analysis on Net
Stock Analysis on Net

United Rentals Inc. (NYSE:URI)

This company has been moved to the archive! The financial data has not been updated since January 25, 2023.

Debt to Equity 
since 2005

Microsoft Excel

Calculation

United Rentals Inc., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Short-term debt and long-term debt1 ÷ Stockholders’ equity (deficit)1
Dec 31, 2022 1.61 = 11,370 ÷ 7,062
Dec 31, 2021 1.62 = 9,685 ÷ 5,991
Dec 31, 2020 2.13 = 9,682 ÷ 4,545
Dec 31, 2019 2.98 = 11,428 ÷ 3,830
Dec 31, 2018 3.45 = 11,747 ÷ 3,403
Dec 31, 2017 3.04 = 9,440 ÷ 3,106
Dec 31, 2016 4.73 = 7,790 ÷ 1,648
Dec 31, 2015 5.53 = 8,162 ÷ 1,476
Dec 31, 2014 4.48 = 8,052 ÷ 1,796
Dec 31, 2013 3.92 = 7,173 ÷ 1,828
Dec 31, 2012 4.77 = 7,364 ÷ 1,543
Dec 31, 2011 47.53 = 3,042 ÷ 64
Dec 31, 2010 — = 2,929 ÷ (20)
Dec 31, 2009 — = 3,075 ÷ (19)
Dec 31, 2008 — = 3,345 ÷ (29)
Dec 31, 2007 1.35 = 2,716 ÷ 2,018
Dec 31, 2006 1.76 = 2,702 ÷ 1,538
Dec 31, 2005 2.56 = 3,152 ÷ 1,229

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

United Rentals Inc., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
United Rentals Inc. Boeing Co. Caterpillar Inc. Eaton Corp. plc GE Aerospace Honeywell International Inc. Lockheed Martin Corp. RTX Corp.
Dec 31, 2022 1.61 — 2.33 0.51 0.89 1.17 1.68 0.44
Dec 31, 2021 1.62 — 2.29 0.52 0.87 1.06 1.07 0.43
Dec 31, 2020 2.13 — 2.42 0.54 2.11 1.28 2.02 0.44
Dec 31, 2019 2.98 — 2.58 0.52 3.21 0.87 4.05 1.04
Dec 31, 2018 3.45 40.85 2.60 0.47 3.55 0.89 9.04 1.18
Dec 31, 2017 3.04 31.32 2.55 0.45 2.09 1.04 — 0.93
Dec 31, 2016 4.73 12.18 2.80 0.56 1.80 0.81 9.45 0.87
Dec 31, 2015 5.53 1.57 2.57 0.56 2.02 0.66 4.62 0.75
Dec 31, 2014 4.48 1.05 2.35 0.57 2.85 0.49 1.81 0.63
Dec 31, 2013 3.92 0.65 1.81 0.57 2.93 0.51 1.25 0.64
Dec 31, 2012 4.77 1.77 2.29 0.72 3.37 0.58 157.90 0.90
Dec 31, 2011 47.53 3.52 2.69 0.51 3.89 0.70 6.45 0.47
Dec 31, 2010 — 4.49 2.63 0.47 4.02 0.62 1.35 0.48
Dec 31, 2009 — 6.07 3.62 0.51 4.35 0.86 1.22 0.49
Dec 31, 2008 — — 5.84 0.68 5.00 1.17 1.24 0.72
Dec 31, 2007 1.35 0.91 3.20 0.66 4.45 0.83 0.44 0.43
Dec 31, 2006 1.76 2.01 3.98 0.63 3.85 0.52 0.64 0.46
Dec 31, 2005 2.56 0.97 3.05 0.65 3.39 0.45 0.61 0.48

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Capital Goods)

United Rentals Inc., debt to equity, long-term trends, comparison to sector (capital goods)

Microsoft Excel
United Rentals Inc. Capital Goods
Dec 31, 2022 1.61 1.33
Dec 31, 2021 1.62 1.26
Dec 31, 2020 2.13 1.75
Dec 31, 2019 2.98 2.08
Dec 31, 2018 3.45 2.03
Dec 31, 2017 3.04 1.74
Dec 31, 2016 4.73 1.60
Dec 31, 2015 5.53 1.64
Dec 31, 2014 4.48 2.06
Dec 31, 2013 3.92 2.00
Dec 31, 2012 4.77 2.56
Dec 31, 2011 47.53 3.04
Dec 31, 2010 — 3.10
Dec 31, 2009 — 3.46
Dec 31, 2008 — 4.19
Dec 31, 2007 1.35 3.21
Dec 31, 2006 1.76 3.02
Dec 31, 2005 2.56 2.53

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Industrials)

United Rentals Inc., debt to equity, long-term trends, comparison to industry (industrials)

Microsoft Excel
United Rentals Inc. Industrials
Dec 31, 2022 1.61 1.32
Dec 31, 2021 1.62 1.25
Dec 31, 2020 2.13 1.73
Dec 31, 2019 2.98 1.86
Dec 31, 2018 3.45 1.87
Dec 31, 2017 3.04 1.65
Dec 31, 2016 4.73 1.55
Dec 31, 2015 5.53 1.52
Dec 31, 2014 4.48 1.86
Dec 31, 2013 3.92 1.77
Dec 31, 2012 4.77 2.24
Dec 31, 2011 47.53 2.56
Dec 31, 2010 — 2.63
Dec 31, 2009 — 2.92
Dec 31, 2008 — 3.45
Dec 31, 2007 1.35 2.72
Dec 31, 2006 1.76 2.46
Dec 31, 2005 2.56 2.11

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).