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URI United Rentals PE ratio, current and historical analysis

The current price-to-earnings ratio for United Rentals stock as of May 20, 2024 is 18.95. This is calculated based on the current EPS of $36.99 and the stock price of $701.13 per share. The PE ratio has increased by 22% from the past four quarters average of 15.5.

URI PE ratio history

How has URI's PE ratio performed in the past

The average historical PE ratio of United Rentals for the last ten years is 14.0. The current price-to-earnings ratio of 18.95 is 35% more than the historical average. In the past ten years, URI's PE ratio reached its highest point in the Mar 2021 quarter at 25.87, when the stock price was $329.31 and the EPS was $12.73. The lowest point was recorded in the Mar 2020 quarter, when it reached 6.7 with a price of $102.9 and an EPS of $15.36.

Average
14
Median
12.76
Minimum
6.7
Maximum
25.87

United Rentals PE ratio by year

Maximum annual increase: 72.43% in 2020

Maximum annual decrease: -35.85% in 2015

Year PE ratio Change
2023 16.2 35.68%
2022 11.94 -31.22%
2021 17.36 -8.39%
2020 18.95 72.43%
2019 10.99 42.17%
2018 7.73 -28.49%
2017 10.81 -33.56%
2016 16.27 37.76%
2015 11.81 -35.85%
2014 18.41 -2.23%

URI average PE ratio chart

What is the average PE ratio of URI for the past years

The current PE ratio of URI is above its 3, 5 and 10-year historical averages.

3-year avg
15.4
5-year avg
14.47
10-year avg
14
15-year avg
21.09

URI PE vs peers

What is URI's PE ratio compared to its peers

URI's PE ratio is less than its peer stock FAST, but it is above OSK's and TEX's. United Rentals's current PE ratio of 18.95 is more than the average of its peers, which is 15.69.

Stock name PE ratio Market cap
TEX Terex Corp 8.13 $4.18B
HEES H&E Equipment Services Inc 10.31 $1.77B
OSK Oshkosh Corp 11.25 $7.75B
URI United Rentals Inc 18.68 $46.01B
FAST Fastenal Co 32.72 $37.84B

Frequently asked questions

What is United Rentals's PE ratio?

The price to earnings ratio for URI stock as of May 20, 2024, stands at 18.95.

What is the 3-year average PE ratio for United Rentals (URI)?

Over the last 3 years, the average PE ratio for URI stock is 15.4.

What is the 5-year average PE ratio for United Rentals (URI)?

Over the last 5 years, the average PE ratio for URI stock is 14.47.

What is the highest PE ratio for URI?

The highest quarterly PE ratio in the last ten years has been 25.87 and it was in the Mar 2021 quarter.

How does the current PE ratio for URI compare to its historical average?

The current price to earnings ratio of URI is 35% higher than the 10-year historical average.

How is URI's PE ratio calculated (United Rentals PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 20, 2024), United Rentals's stock price is $701.13. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $36.99. Therefore, United Rentals's price to earnings ratio for today is 18.95. PE RATIO(18.95) = STOCK PRICE($701.13) / TTM EPS($36.99)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.