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Barchart
Barchart
Aditya Sarawgi

Is United Rentals Stock Outperforming the S&P 500?

Valued at $56.4 billion by market cap, Stamford, Connecticut-based United Rentals, Inc. (URI) is the largest equipment rental company in the world. It serves numerous construction and industrial companies, utilities, municipalities, homeowners, and communities through its 1,666 rental locations spread across North America, Europe, Australia and New Zealand.

Companies worth $10 billion or more are generally described as "large-cap stocks," United Rentals fits this bill perfectly. Given the company’s extensive network and dominance in the equipment rental space, its valuation above this mark is not surprising. The company employs over 26,600 employees and offers approximately 4,800 classes of equipment for rent with a total original cost of approximately $21.9 billion.

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