URI United Rentals PE ratio, current and historical analysis
The current price-to-earnings ratio for United Rentals stock as of Nov 21, 2024 is 21.91. This is calculated based on the current EPS of $38.38 and the stock price of $840.74 per share. The PE ratio has increased by 19% from the past four quarters average of 18.5.
URI PE ratio history
The average historical PE ratio of United Rentals for the last ten years is 13.84. The current price-to-earnings ratio of 21.91 is 58% 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.
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
The current PE ratio of URI is above its 3, 5 and 10-year historical averages.
URI PE vs 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 21.91 is more than the average of its peers, which is 18.35.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TEX Terex Corp | 7.65 | $3.53B |
| OSK Oshkosh Corp | 10.54 | $7.11B |
| HEES H&E Equipment Services Inc | 14.24 | $2.08B |
| URI United Rentals Inc | 21.91 | $55.17B |
| FAST Fastenal Co | 40.98 | $47.18B |
Frequently asked questions
What is United Rentals's PE ratio?
The price to earnings ratio for URI stock as of Nov 21, 2024, stands at 21.91.
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 14.89.
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 15.46.
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 58% 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 (Nov 21, 2024), United Rentals's stock price is $840.74. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $38.38. Therefore, United Rentals's price to earnings ratio for today is 21.91. PE RATIO(21.91) = STOCK PRICE($840.74) / TTM EPS($38.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.