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STOCK TITAN

[8-K] United Rentals, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

United Rentals (URI) filed an 8-K to furnish Q2-25 information and announce a larger buyback. The company released its June-30-2025 operating results via Exhibit 99.1 and posted an investor deck on its website containing non-GAAP metrics (free cash flow, EBITDA, adj. EBITDA, adj. EPS) with reconciliations. No detailed figures are included in the filing itself.

Capital allocation update: on 23-Jul-2025 the board boosted the current share-repurchase authorization by $0.5 bn to $2.0 bn following cash-flow benefits expected from new U.S. tax legislation. URI plans to deploy $1.65 bn in 2025 (already buying back $417 m YTD) and carry the remaining $350 m into 2026.

The disclosure signals confidence in cash-generation, highlights management’s continued use of non-GAAP profitability measures to frame performance, and places investors on notice of forthcoming earnings details contained in the attached press release and web presentation.

United Rentals (URI) ha presentato un modulo 8-K per fornire informazioni sul secondo trimestre 2025 e annunciare un aumento del programma di riacquisto azionario. La società ha pubblicato i risultati operativi al 30 giugno 2025 tramite l'Esibizione 99.1 e ha caricato sul proprio sito web una presentazione per investitori contenente metriche non GAAP (flusso di cassa libero, EBITDA, EBITDA rettificato, utile per azione rettificato) con relative riconciliazioni. Nel documento depositato non sono inclusi dati dettagliati.

Aggiornamento sull'allocazione del capitale: il 23 luglio 2025 il consiglio di amministrazione ha aumentato l'autorizzazione attuale per il riacquisto di azioni di 0,5 miliardi di dollari, portandola a 2,0 miliardi di dollari, grazie ai benefici di flusso di cassa previsti dalla nuova normativa fiscale statunitense. URI prevede di impiegare 1,65 miliardi di dollari nel 2025 (avendo già riacquistato 417 milioni di dollari da inizio anno) e di trasferire i restanti 350 milioni al 2026.

La comunicazione indica fiducia nella generazione di cassa, sottolinea l’uso continuo da parte della direzione di misure di redditività non GAAP per inquadrare la performance e avvisa gli investitori dei prossimi dettagli sugli utili contenuti nel comunicato stampa e nella presentazione online allegati.

United Rentals (URI) presentó un formulario 8-K para proporcionar información del segundo trimestre de 2025 y anunciar una ampliación del programa de recompra de acciones. La compañía publicó sus resultados operativos al 30 de junio de 2025 a través del Anexo 99.1 y subió a su sitio web una presentación para inversores que incluye métricas no GAAP (flujo de caja libre, EBITDA, EBITDA ajustado, EPS ajustado) con conciliaciones. No se incluyen cifras detalladas en el documento presentado.

Actualización sobre la asignación de capital: el 23 de julio de 2025, la junta directiva aumentó la autorización actual para recompra de acciones en 0,5 mil millones de dólares, elevándola a 2,0 mil millones de dólares, tras los beneficios de flujo de caja esperados por la nueva legislación fiscal estadounidense. URI planea destinar 1,65 mil millones de dólares en 2025 (ya ha recomprado 417 millones en lo que va del año) y trasladar los 350 millones restantes a 2026.

La divulgación muestra confianza en la generación de efectivo, destaca el uso continuo por parte de la dirección de medidas de rentabilidad no GAAP para enmarcar el desempeño y advierte a los inversores sobre los próximos detalles de ganancias contenidos en el comunicado de prensa y la presentación web adjuntos.

United Rentals (URI)� 2025� 2분기 정보� 제공하고 자사� 매입 규모 확대� 발표하기 위해 8-K 보고서를 제출했습니다. 회사� 2025� 6� 30� 운영 실적� Exhibit 99.1� 통해 공개했으�, �-GAAP 지�(자유현금흐름, EBITDA, 조정 EBITDA, 조정 주당순이�)와 조정 내역� 포함� 투자자용 프레젠테이션 자료� 웹사이트� 게시했습니다. 제출 문서 자체에는 구체적인 수치가 포함되어 있지 않습니다.

자본 배분 업데이트: 2025� 7� 23� 이사회는 새로� 미국 세법� 따른 현금 흐름 개선 기대� 힘입� 기존 자사� 매입 승인 한도� 5� 달러 증액하여 20� 달러� 상향 조정했습니다. URI� 2025년에 16� 5천만 달러� 투입� 계획이며(올해 현재까지 4� 1,700� 달러� 이미 매입), 나머지 3� 5천만 달러� 2026년으� 이월� 예정입니�.

이번 공시� 현금 창출 능력� 대� 자신감을 나타내며, 경영진이 �-GAAP 수익� 지표를 지속적으로 활용� 실적� 설명하고 있음� 강조하고, 첨부� 보도자료와 � 프레젠테이션� 포함� 향후 실적 세부사항� 대� 투자자들에게 알리� 역할� 합니�.

United Rentals (URI) a déposé un formulaire 8-K pour fournir des informations sur le deuxième trimestre 2025 et annoncer une augmentation du programme de rachat d’actions. La société a publié ses résultats opérationnels au 30 juin 2025 via l’Exhibit 99.1 et mis en ligne une présentation destinée aux investisseurs contenant des indicateurs non-GAAP (flux de trésorerie libre, EBITDA, EBITDA ajusté, BPA ajusté) avec leurs réconciliations. Aucun chiffre détaillé n’est inclus dans le dépôt lui-même.

Mise à jour de l’allocation du capital : le 23 juillet 2025, le conseil d’administration a augmenté l’autorisation actuelle de rachat d’actions de 0,5 milliard de dollars pour atteindre 2,0 milliards de dollars, suite aux avantages de trésorerie attendus de la nouvelle législation fiscale américaine. URI prévoit d’utiliser 1,65 milliard de dollars en 2025 (ayant déjà racheté 417 millions de dollars depuis le début de l’année) et de reporter les 350 millions restants en 2026.

Cette communication témoigne de la confiance dans la génération de trésorerie, souligne l’usage continu par la direction d’indicateurs de rentabilité non-GAAP pour présenter la performance, et informe les investisseurs des prochains détails sur les résultats contenus dans le communiqué de presse et la présentation en ligne joints.

United Rentals (URI) hat eine 8-K eingereicht, um Informationen zum zweiten Quartal 2025 bereitzustellen und eine Ausweitung des Aktienrückkaufprogramms bekannt zu geben. Das Unternehmen veröffentlichte die Betriebsergebnisse zum 30. Juni 2025 über Anlage 99.1 und stellte auf seiner Website eine Investorenpräsentation mit Non-GAAP-Kennzahlen (Free Cash Flow, EBITDA, bereinigtes EBITDA, bereinigtes Ergebnis je Aktie) inklusive Abstimmungen bereit. Im eingereichten Dokument selbst sind keine detaillierten Zahlen enthalten.

Aktualisierung der Kapitalallokation: Am 23. Juli 2025 erhöhte der Vorstand die aktuelle Genehmigung für Aktienrückkäufe um 0,5 Mrd. USD auf 2,0 Mrd. USD, basierend auf den erwarteten Cashflow-Vorteilen durch neue US-Steuergesetze. URI plant, 1,65 Mrd. USD im Jahr 2025 einzusetzen (davon wurden bereits 417 Mio. USD im laufenden Jahr zurückgekauft) und die verbleibenden 350 Mio. USD ins Jahr 2026 zu übertragen.

Die Offenlegung signalisiert Vertrauen in die Cash-Generierung, hebt die fortgesetzte Nutzung von Non-GAAP-Ertragskennzahlen durch das Management zur Leistungsdarstellung hervor und informiert Investoren über bevorstehende Gewinnangaben im beigefügten Pressemitteilung und der Webpräsentation.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Authorization up $0.5 bn signals excess cash; fundamentals pending press release.

The incremental $500 m buyback (33% increase versus the prior $1.5 bn) implies robust free cash flow and a shareholder-friendly stance. Management intends to retire roughly 6-7% of market cap over 18 months, assuming an $80 bn valuation, which should be accretive to EPS. The filing lacks hard Q2 numbers, but the timing—same day as results—suggests performance met or exceeded internal expectations. Upside for investors rests on execution and balance-sheet flexibility following tax-law benefits.

TL;DR: Board capital-return decision positive, disclosure controls routine.

The board’s quick adjustment to tax-law changes shows responsive oversight. Furnishing the investor deck and GAAP reconciliations aligns with best-practice transparency. No governance red flags appear. Impact is favorable but not transformational; financial details will determine full investor reaction.

United Rentals (URI) ha presentato un modulo 8-K per fornire informazioni sul secondo trimestre 2025 e annunciare un aumento del programma di riacquisto azionario. La società ha pubblicato i risultati operativi al 30 giugno 2025 tramite l'Esibizione 99.1 e ha caricato sul proprio sito web una presentazione per investitori contenente metriche non GAAP (flusso di cassa libero, EBITDA, EBITDA rettificato, utile per azione rettificato) con relative riconciliazioni. Nel documento depositato non sono inclusi dati dettagliati.

Aggiornamento sull'allocazione del capitale: il 23 luglio 2025 il consiglio di amministrazione ha aumentato l'autorizzazione attuale per il riacquisto di azioni di 0,5 miliardi di dollari, portandola a 2,0 miliardi di dollari, grazie ai benefici di flusso di cassa previsti dalla nuova normativa fiscale statunitense. URI prevede di impiegare 1,65 miliardi di dollari nel 2025 (avendo già riacquistato 417 milioni di dollari da inizio anno) e di trasferire i restanti 350 milioni al 2026.

La comunicazione indica fiducia nella generazione di cassa, sottolinea l’uso continuo da parte della direzione di misure di redditività non GAAP per inquadrare la performance e avvisa gli investitori dei prossimi dettagli sugli utili contenuti nel comunicato stampa e nella presentazione online allegati.

United Rentals (URI) presentó un formulario 8-K para proporcionar información del segundo trimestre de 2025 y anunciar una ampliación del programa de recompra de acciones. La compañía publicó sus resultados operativos al 30 de junio de 2025 a través del Anexo 99.1 y subió a su sitio web una presentación para inversores que incluye métricas no GAAP (flujo de caja libre, EBITDA, EBITDA ajustado, EPS ajustado) con conciliaciones. No se incluyen cifras detalladas en el documento presentado.

Actualización sobre la asignación de capital: el 23 de julio de 2025, la junta directiva aumentó la autorización actual para recompra de acciones en 0,5 mil millones de dólares, elevándola a 2,0 mil millones de dólares, tras los beneficios de flujo de caja esperados por la nueva legislación fiscal estadounidense. URI planea destinar 1,65 mil millones de dólares en 2025 (ya ha recomprado 417 millones en lo que va del año) y trasladar los 350 millones restantes a 2026.

La divulgación muestra confianza en la generación de efectivo, destaca el uso continuo por parte de la dirección de medidas de rentabilidad no GAAP para enmarcar el desempeño y advierte a los inversores sobre los próximos detalles de ganancias contenidos en el comunicado de prensa y la presentación web adjuntos.

United Rentals (URI)� 2025� 2분기 정보� 제공하고 자사� 매입 규모 확대� 발표하기 위해 8-K 보고서를 제출했습니다. 회사� 2025� 6� 30� 운영 실적� Exhibit 99.1� 통해 공개했으�, �-GAAP 지�(자유현금흐름, EBITDA, 조정 EBITDA, 조정 주당순이�)와 조정 내역� 포함� 투자자용 프레젠테이션 자료� 웹사이트� 게시했습니다. 제출 문서 자체에는 구체적인 수치가 포함되어 있지 않습니다.

자본 배분 업데이트: 2025� 7� 23� 이사회는 새로� 미국 세법� 따른 현금 흐름 개선 기대� 힘입� 기존 자사� 매입 승인 한도� 5� 달러 증액하여 20� 달러� 상향 조정했습니다. URI� 2025년에 16� 5천만 달러� 투입� 계획이며(올해 현재까지 4� 1,700� 달러� 이미 매입), 나머지 3� 5천만 달러� 2026년으� 이월� 예정입니�.

이번 공시� 현금 창출 능력� 대� 자신감을 나타내며, 경영진이 �-GAAP 수익� 지표를 지속적으로 활용� 실적� 설명하고 있음� 강조하고, 첨부� 보도자료와 � 프레젠테이션� 포함� 향후 실적 세부사항� 대� 투자자들에게 알리� 역할� 합니�.

United Rentals (URI) a déposé un formulaire 8-K pour fournir des informations sur le deuxième trimestre 2025 et annoncer une augmentation du programme de rachat d’actions. La société a publié ses résultats opérationnels au 30 juin 2025 via l’Exhibit 99.1 et mis en ligne une présentation destinée aux investisseurs contenant des indicateurs non-GAAP (flux de trésorerie libre, EBITDA, EBITDA ajusté, BPA ajusté) avec leurs réconciliations. Aucun chiffre détaillé n’est inclus dans le dépôt lui-même.

Mise à jour de l’allocation du capital : le 23 juillet 2025, le conseil d’administration a augmenté l’autorisation actuelle de rachat d’actions de 0,5 milliard de dollars pour atteindre 2,0 milliards de dollars, suite aux avantages de trésorerie attendus de la nouvelle législation fiscale américaine. URI prévoit d’utiliser 1,65 milliard de dollars en 2025 (ayant déjà racheté 417 millions de dollars depuis le début de l’année) et de reporter les 350 millions restants en 2026.

Cette communication témoigne de la confiance dans la génération de trésorerie, souligne l’usage continu par la direction d’indicateurs de rentabilité non-GAAP pour présenter la performance, et informe les investisseurs des prochains détails sur les résultats contenus dans le communiqué de presse et la présentation en ligne joints.

United Rentals (URI) hat eine 8-K eingereicht, um Informationen zum zweiten Quartal 2025 bereitzustellen und eine Ausweitung des Aktienrückkaufprogramms bekannt zu geben. Das Unternehmen veröffentlichte die Betriebsergebnisse zum 30. Juni 2025 über Anlage 99.1 und stellte auf seiner Website eine Investorenpräsentation mit Non-GAAP-Kennzahlen (Free Cash Flow, EBITDA, bereinigtes EBITDA, bereinigtes Ergebnis je Aktie) inklusive Abstimmungen bereit. Im eingereichten Dokument selbst sind keine detaillierten Zahlen enthalten.

Aktualisierung der Kapitalallokation: Am 23. Juli 2025 erhöhte der Vorstand die aktuelle Genehmigung für Aktienrückkäufe um 0,5 Mrd. USD auf 2,0 Mrd. USD, basierend auf den erwarteten Cashflow-Vorteilen durch neue US-Steuergesetze. URI plant, 1,65 Mrd. USD im Jahr 2025 einzusetzen (davon wurden bereits 417 Mio. USD im laufenden Jahr zurückgekauft) und die verbleibenden 350 Mio. USD ins Jahr 2026 zu übertragen.

Die Offenlegung signalisiert Vertrauen in die Cash-Generierung, hebt die fortgesetzte Nutzung von Non-GAAP-Ertragskennzahlen durch das Management zur Leistungsdarstellung hervor und informiert Investoren über bevorstehende Gewinnangaben im beigefügten Pressemitteilung und der Webpräsentation.

0001067701false00010677012025-07-232025-07-23

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________  
FORM 8-K
  __________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 23, 2025
  __________________
UNITED RENTALS, INC.
UNITED RENTALS (NORTH AMERICA), INC.
(Exact name of registrant as specified in its charter)
  __________________
    
Delaware001-1438706-1522496
Delaware001-1366386-0933835
(State or other Jurisdiction
of Incorporation)
 (Commission
File Number)
 (IRS Employer
Identification No.)
 
   
100 First Stamford Place, Suite 700  
Stamford
Connecticut 06902
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (203622-3131 
    (Former name or former address if changed since last report.)
__________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s)Name of each exchange on which registered
Common Stock, $.01 par value, of United Rentals, Inc. URINew York Stock Exchange



Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
Emerging growth company 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o




Item 2.02.    Results of Operations and Financial Condition.
On July 23, 2025, United Rentals, Inc. (the “Company”) issued a press release reporting its results of operations for the quarter ended June 30, 2025. A copy of the press release is being furnished with this report as Exhibit 99.1.

Item 7.01.    Regulation FD Disclosure.
Certain information concerning our business, financial results and 2025 outlook that the Company expects to use at certain investor meetings and presentations can be accessed currently on the Company’s website, www.unitedrentals.com. Such information will be maintained on the Company’s website for at least the period of its use at such meetings and presentations or until superseded by more current information.
The presentation includes certain financial measures - free cash flow, earnings before interest, taxes, depreciation and amortization (“EBITDA”), adjusted EBITDA and adjusted earnings per share (“adjusted EPS”) - that are “non-GAAP financial measures” as defined under the rules of the Securities and Exchange Commission. Free cash flow represents net cash provided by operating activities less payments for purchases of, and plus proceeds from, equipment and intangible assets, and plus excess tax benefits from share-based payment arrangements. The equipment and intangible asset items are included in cash flows from investing activities. EBITDA represents the sum of net income, provision (benefit) for income taxes, interest expense, net, interest expense-subordinated convertible debentures, net, depreciation of rental equipment and non-rental depreciation and amortization. Adjusted EBITDA represents EBITDA plus stock compensation expense, net, and the impact of the defined special items. Adjusted EPS represents diluted EPS plus the impact of the defined special items.
The presentation includes reconciliations of these non-GAAP financial measures to their nearest generally accepted accounting principles financial measures. The Company believes that: (i) free cash flow provides useful additional information concerning cash flow available to meet future debt service obligations and working capital requirements; (ii) EBITDA and adjusted EBITDA provide useful information about operating performance and period-over-period growth, and help investors gain an understanding of the factors and trends affecting our ongoing cash earnings, from which capital investments are made and debt is serviced; and (iii) adjusted EPS provides useful information concerning future profitability. However, none of these measures should be considered as alternatives to net income, cash flows from operating activities or earnings per share under GAAP as indicators of operating performance or liquidity.
Item 8.01.    Other Events.
On July 23, 2025, the Company announced that its Board of Directors approved, after consideration of the expected cash flow benefit associated with newly enacted federal tax legislation, an increase in the size of the Company's current share repurchase program, from $1.5 billion to $2.0 billion. The Company intends to repurchase $1.65 billion under the program in 2025 (inclusive of $417 million repurchased through June 30, 2025), with the remaining $350 million under the program carried into 2026.
Item 9.01.    Financial Statements and Exhibits.

99.1 Press Release of United Rentals, Inc.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 23, 2025
 
UNITED RENTALS, INC.
By:
/S/    Joli L. Gross    
Name: Joli L. Gross
Title:   Senior Vice President, Chief Legal and Sustainability Officer, and Corporate Secretary
UNITED RENTALS (NORTH AMERICA), INC.
By:
/S/    Joli L. Gross    
Name: Joli L. Gross
Title:   Senior Vice President, Chief Legal and Sustainability Officer, and Corporate Secretary



EXHIBIT INDEX
 
   
Exhibit
 No.
  Description
99.1  
Press Release of United Rentals, Inc.

FAQ

Why did United Rentals (URI) increase its share-repurchase program?

The board cited expected cash-flow benefits from newly enacted federal tax legislation, raising the authorization from $1.5 bn to $2.0 bn.

How much does URI plan to repurchase in 2025?

The company intends to buy back $1.65 billion of stock during 2025, including the $417 million already completed through 30-Jun-25.

What financial measures did United Rentals highlight in its investor presentation?

The deck covers free cash flow, EBITDA, adjusted EBITDA and adjusted EPS, each reconciled to GAAP figures.

Where can investors find United Rentals� Q2-25 results details?

Full results are in Exhibit 99.1 of the 8-K and on the company’s website under investor presentations.

Is this 8-K considered a solicitation or pre-commencement communication?

No, all related check-boxes for Rule 425, 14a-12, 14d-2(b) and 13e-4(c) were left unchecked.
United Rental

NYSE:URI

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URI Stock Data

51.42B
64.66M
0.53%
93.48%
2.68%
Rental & Leasing Services
Services-equipment Rental & Leasing, Nec
United States
STAMFORD