Company profile

Future of United Rentals

#
Rank
820
| Quantumrun Global 1000

United Rentals, Inc. is the biggest equipment rental company in North America, with numerous rental locations throughout the Canada and United States. The company was established by Bradley Jacobs and seven others in 1997, and its customer base includes utilities, homeowners, industrial and construction companies, and municipalities. In addition to equipment rentals, the company provides new and used equipment, safety training, and 24/7 equipment service support. Having the biggest fleet of rental equipment in the world, United Rentals employs many employees, servicing metropolitan areas, states, and Canadian provinces.

Home Country:
Industry:
Miscellaneous
Founded:
1997
Global employee count:
12500
Domestic employee count:
Number of domestic locations:
581

Financial Health

Revenue:
$5762000000 USD
3y average revenue:
$5754666667 USD
Operating expenses:
$719000000 USD
3y average expenses:
$730333333 USD
Funds in reserve:
$312000000 USD
Market country
Revenue from country
0.91

Asset Performance

  1. Product/Service/Dept. name
    Equipment rentals
    Product/Service revenue
    4941000000
  2. Product/Service/Dept. name
    Sales of rental equipment
    Product/Service revenue
    496000000
  3. Product/Service/Dept. name
    Sales of new equipment
    Product/Service revenue
    144000000

Innovation assets and Pipeline

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the business services sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications within the business services world. All regimented or codified tasks and professions will see greater automation, leading to dramatically reduced operating costs and sizeable layoffs of white and blue-collar employees.

*Blockchain technology will be co-opted and integrated into the operations of a range of business services providers, significantly reducing transaction costs and automating complex contract agreements.

COMPANY’S FUTURE PROSPECTS

Company Headlines