United Rentals, Inc. (URI) FY2024 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-12-31

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United Rentals, Inc. cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $2,575,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $2,903,000,000.00Stock compensation expense, net → Operating adjustments reconciliation: $112,000,000.00Decrease (increase) in inventory → Operating adjustments reconciliation: $15,000,000.00Amortization of deferred financing costs and original issue discounts → Operating adjustments reconciliation: $15,000,000.00Restructuring charge → Operating adjustments reconciliation: $3,000,000.00Loss on repurchase/redemption/amendment of debt → Operating adjustments reconciliation: $1,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,971,000,000.00Operating adjustments reconciliation → Gain on sales of rental equipment: $710,000,000.00Operating adjustments reconciliation → (Decrease) increase in accounts payable: $203,000,000.00Operating adjustments reconciliation → Insurance proceeds from damaged equipment: $51,000,000.00Operating adjustments reconciliation → (Decrease) increase in accrued expenses and other liabilities: $31,000,000.00Operating adjustments reconciliation → (Increase) decrease in prepaid expenses and other assets: $27,000,000.00Operating adjustments reconciliation → Increase in accounts receivable: $20,000,000.00Operating adjustments reconciliation → (Decrease) increase in deferred taxes: $19,000,000.00Operating adjustments reconciliation → Gain on sales of non-rental equipment: $17,000,000.00Proceeds from sales of rental equipment → investing reconciliation: $1,521,000,000.00Proceeds from sales of non-rental equipment → investing reconciliation: $67,000,000.00Insurance proceeds from damaged equipment → investing reconciliation: $51,000,000.00investing reconciliation → Payments for purchases of rental equipment: $3,753,000,000.00investing reconciliation → Purchases of other companies, net of cash acquired: $1,655,000,000.00investing reconciliation → Payments for purchases of non-rental equipment and intangible assets: $374,000,000.00investing reconciliation → Purchases of investments: $5,000,000.00Net cash used in financing activities → financing reconciliation: $274,000,000.00Proceeds from debt → financing reconciliation: $11,609,000,000.00financing reconciliation → Payments of debt: $9,861,000,000.00financing reconciliation → Common stock repurchased, including tax withholdings for share based compensation: $1,571,000,000.00financing reconciliation → Dividends paid: $434,000,000.00financing reconciliation → Payments of financing costs: $17,000,000.00Net cash used in investing activities → investing reconciliation: $4,148,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $363,000,000.00Net cash from operating activities → Cash sources and uses: $4,546,000,000.00Cash sources and uses → Exchange-rate effect: $30,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $457,000,000.00Cash sources and uses → Net cash used in investing activities: $4,148,000,000.00Cash sources and uses → Net cash used in financing activities: $274,000,000.00Loss on repurchase/redemption/amendment of debt: $1,000,000.00Debt extinguishment gain & loss+$1.00 M(Decrease) increase in deferred taxes: -$19,000,000.00Deferred income taxes−$19.00 MDecrease (increase) in inventory: $15,000,000.00Inventories+$15.00 M(Decrease) increase in accounts payable: -$203,000,000.00Accounts payable−$203.00 MNet income: $2,575,000,000.00Net income+$2.58 B(Increase) decrease in prepaid expenses and other assets: -$27,000,000.00Prepaid & other assets−$27.00 MDepreciation and amortization: $2,903,000,000.00Depreciation and amortization+$2.90 B(Decrease) increase in accrued expenses and other liabilities: -$31,000,000.00Accrued liabilities−$31.00 MGain on sales of rental equipment: -$710,000,000.00Rental equipment sale gain−$710.00 MAmortization of deferred financing costs and original issue discounts: $15,000,000.00Debt cost amortization+$15.00 MRestructuring charge: $3,000,000.00Restructuring charges+$3.00 MInsurance proceeds from damaged equipment: -$51,000,000.00Litigation gain & loss−$51.00 MIncrease in accounts receivable: -$20,000,000.00Accounts receivable−$20.00 MStock compensation expense, net: $112,000,000.00Stock-based compensation+$112.00 MGain on sales of non-rental equipment: -$17,000,000.00PP&E disposal gain & loss−$17.00 MNet cash from operating activities: $4,546,000,000.00Operating cash+$4.55 BOperating adjustments reconciliation: $3,049,000,000.00Common stock repurchased, including tax withholdings for share based compensation: -$1,571,000,000.00Common stock repurchases−$1.57 BProceeds from debt: $11,609,000,000.00Debt issued+$11.61 BDividends paid: -$434,000,000.00Dividends paid−$434.00 MPayments of financing costs: -$17,000,000.00Financing costs paid−$17.00 MPayments of debt: -$9,861,000,000.00Debt & lease obligations repaid−$9.86 BNet cash used in financing activities: -$274,000,000.00. Cash required to fund net payments.Financing cash−$274.00 Mfinancing reconciliation: $11,883,000,000.00Payments for purchases of rental equipment: -$3,753,000,000.00Rental equipment purchases−$3.75 BPayments for purchases of non-rental equipment and intangible assets: -$374,000,000.00Non-rental & intangible purchases−$374.00 MProceeds from sales of rental equipment: $1,521,000,000.00Rental equipment sales+$1.52 BProceeds from sales of non-rental equipment: $67,000,000.00PP&E sales+$67.00 MPurchases of other companies, net of cash acquired: -$1,655,000,000.00Acquisitions, net of cash−$1.66 BPurchases of investments: -$5,000,000.00Investment purchases−$5.00 MInsurance proceeds from damaged equipment: $51,000,000.00Insurance proceeds+$51.00 MNet cash used in investing activities: -$4,148,000,000.00. Cash required to fund net payments.Investing cash−$4.15 Binvesting reconciliation: $5,787,000,000.00Cash sources and uses: $4,909,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $363,000,000.00Beginning cash$363.00 MEnding cash: Cash, cash equivalents, and restricted cash: $457,000,000.00Ending cash$457.00 MExchange-rate effect: -$30,000,000.00FX effect−$30.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flowNot availableCash flow / Net income1.77×Operating cash flow ÷ net incomeNet cash change+$94.00 MEnding cash − beginning cash
Chart details

United Rentals, Inc. cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024

Cash flows for Jan 1, 2024 through Dec 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Dec 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
363,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
4,546,000,000 US dollars. Net cash provided.
Net income
2,575,000,000 US dollars
Loss on repurchase/redemption/amendment of debt
1,000,000 US dollars
(Decrease) increase in deferred taxes
negative 19,000,000 US dollars
Decrease (increase) in inventory
15,000,000 US dollars
(Decrease) increase in accounts payable
negative 203,000,000 US dollars
(Increase) decrease in prepaid expenses and other assets
negative 27,000,000 US dollars
Depreciation and amortization
2,903,000,000 US dollars
(Decrease) increase in accrued expenses and other liabilities
negative 31,000,000 US dollars
Gain on sales of rental equipment
negative 710,000,000 US dollars
Amortization of deferred financing costs and original issue discounts
15,000,000 US dollars
Restructuring charge
3,000,000 US dollars
Insurance proceeds from damaged equipment
negative 51,000,000 US dollars
Increase in accounts receivable
negative 20,000,000 US dollars
Stock compensation expense, net
112,000,000 US dollars
Gain on sales of non-rental equipment
negative 17,000,000 US dollars
Investing activities
negative 4,148,000,000 US dollars. Net cash used.
Payments for purchases of rental equipment
negative 3,753,000,000 US dollars
Payments for purchases of non-rental equipment and intangible assets
negative 374,000,000 US dollars
Proceeds from sales of rental equipment
1,521,000,000 US dollars
Proceeds from sales of non-rental equipment
67,000,000 US dollars
Purchases of other companies, net of cash acquired
negative 1,655,000,000 US dollars
Purchases of investments
negative 5,000,000 US dollars
Insurance proceeds from damaged equipment
51,000,000 US dollars
Financing activities
negative 274,000,000 US dollars. Net cash used.
Common stock repurchased, including tax withholdings for share based compensation
negative 1,571,000,000 US dollars
Proceeds from debt
11,609,000,000 US dollars
Dividends paid
negative 434,000,000 US dollars
Payments of financing costs
negative 17,000,000 US dollars
Payments of debt
negative 9,861,000,000 US dollars
Operating adjustment reconciliation
3,049,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
11,883,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
5,787,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 30,000,000 US dollars
Ending cash on Dec 31, 2024
457,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
4,909,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
94,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.77×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.97B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
United Rentals, Inc. (URI) FY2024 Annual Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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