United Rentals, a name now synonymous with equipment rental, was founded in 1997 by a group of industry veterans who saw an opportunity to consolidate the fragmented equipment rental market. The company’s inception was marked by a strategic acquisition of 26 rental centers, setting the stage for its rapid growth.

The company’s rise to fame began in the early 2000s when it adopted a unique business model. United Rentals focused on providing a comprehensive range of equipment, exceptional customer service, and a nationwide network of rental centers. This strategy allowed it to serve both local and national customers, making it a go-to choice for construction, industrial, and maintenance professionals.

United Rentals’ Current Net Worth (2025)

As of 2025, United Rentals’ current net worth is estimated to be around $35 billion. This significant figure reflects the company’s strong financial performance and growth over the years.

Career

United Rentals, founded in 1997, has grown to become the world’s largest equipment rental company. Initially focusing on the U.S. market, the company expanded internationally in the early 2000s. Today, United Rentals operates in over 1,000 locations across North America and Europe, serving a diverse range of industries including construction, industrial, and energy.

Other Ventures

Beyond equipment rental, United Rentals has diversified its business through strategic acquisitions and investments. These include the purchase of BlueLine Rental in 2017, which expanded the company’s presence in the oil and gas sector, and the acquisition of NES in 2018, strengthening its position in the power generation market.

Assets

As of 2021, United Rentals’ total assets are valued at approximately $28 billion. This includes a vast fleet of rental equipment, valued at around $16 billion, and property, plant, and equipment valued at approximately $11 billion. The company’s extensive fleet comprises over 600,000 rental units, ranging from general construction equipment to specialized, high-demand equipment.

Annual Income

In 2021, United Rentals reported a total revenue of $9.5 billion, marking a significant increase from the previous year. This growth can be attributed to strong demand for rental equipment across various industries, as well as the company’s strategic acquisitions and effective cost management initiatives. United Rentals’ net income for 2021 was $1.3 billion, reflecting a return to profitability after the pandemic-related downturn in 2020.

Frequently Asked Questions about  United Rentals

**Frequently Asked Questions: United Rentals Net Worth**

1. What is United Rentals’ net worth?

United Rentals’ net worth is estimated to be around $15 billion.

2. How does United Rentals make money?

United Rentals generates revenue through the rental of construction and industrial equipment, as well as providing power and HVAC solutions, and specialized services to customers in various industries.

3. Who is the CEO of United Rentals?

Matthew Flannery is the current CEO of United Rentals.

4. When was United Rentals founded?

United Rentals was founded in 1997.

5. Where is United Rentals headquartered?

United Rentals is headquartered in Stamford, Connecticut.

6. How many employees does United Rentals have?

As of 2021, United Rentals employs over 18,000 people.

7. What is the stock symbol for United Rentals?

The stock symbol for United Rentals is URI on the New York Stock Exchange (NYSE).

8. What is the mission of United Rentals?

United Rentals’ mission is to be the premier worldwide provider of equipment rental services to the construction industry.

9. How many locations does United Rentals have?

United Rentals operates from over 1,000 locations in North America and Europe.

10. What are some of the industries that United Rentals serves?

United Rentals serves a variety of industries, including construction, manufacturing, utilities, and energy, among others.