Enterprise Value (EV)
Paying user area
Try for free
United Rentals Inc. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Balance Sheet: Assets
- Analysis of Profitability Ratios
- Analysis of Liquidity Ratios
- Common Stock Valuation Ratios
- Enterprise Value to FCFF (EV/FCFF)
- Selected Financial Data since 2005
- Return on Equity (ROE) since 2005
- Return on Assets (ROA) since 2005
- Price to Book Value (P/BV) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to United Rentals Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Current Enterprise Value (EV)
United Rentals Inc., current enterprise value calculation
| Current share price (P) | |
| No. shares of common stock outstanding | |
| US$ in millions | |
| Common equity (market value)1 | |
| Total equity | |
| Add: Short-term debt and current maturities of long-term debt (per books) | |
| Add: Long-term debt, excluding current maturities (per books) | |
| Total equity and debt | |
| Less: Cash and cash equivalents | |
| Enterprise value (EV) | |
Based on: 10-K (reporting date: 2022-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
Historical Enterprise Value (EV)
United Rentals Inc., EV calculation
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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of United Rentals Inc. Annual Report.
3 2022 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
- Equity Trends
- The market value of common equity exhibited a consistent upward trajectory over the five-year period. Beginning at $9,234 million at the end of 2018, it increased steadily each year, reaching $27,222 million by the close of 2022. This growth indicates a strong appreciation in shareholder value and suggests positive investor sentiment toward the company.
- Total Equity Growth
- Total equity mirrored the pattern observed in common equity market value, reflecting identical figures throughout the period. The alignment emphasizes that common equity constitutes the entire equity base without any preferred equity components or notable adjustments.
- Total Equity and Debt
- The combined total of equity and debt also showed a consistent increase year-over-year, rising from $20,981 million in 2018 to $38,592 million in 2022. The expanding base of capital employed signals growth either through reinvestment or additional financing, suggesting increased capacity for operational expansion or investments.
- Enterprise Value
- Enterprise value followed a similar ascending pattern as total equity and debt, starting at $20,938 million in 2018 and increasing to $38,486 million in 2022. The close alignment with total equity and debt figures indicates that the company's valuation trends are closely tied to its capital structure changes and market perceptions about its overall value.
- Overall Insights
- The company's financial metrics reveal steady and substantial growth in both equity market capitalization and overall capitalization including debt. This suggests strong market confidence, expanding business operations, and possibly effective capital management strategies. No irregular fluctuations or declines were observed, highlighting a stable growth environment across the reviewed period.