United Rentals (MIL:1URI) Cyclically Adjusted FCF per Share: €9.50 (As of Mar. 2026)

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MIL:1URI United Rentals Inc MIL:1URI
92 GF Score
Price €659.60
GF Value €510.16
! 9 Warning Signs
View Full Analysis

What is United Rentals Cyclically Adjusted FCF per Share?

United Rentals MIL:1URI 92 Cyclically Adjusted FCF per Share is €9.50 as of Mar. 2026. GuruFocus rates MIL:1URI with a GF Score™ of 92/100 and a GF Value™ of €510.16. The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

United Rentals's adjusted free cash flow per share for the three months ended in Mar. 2026 was €9.346. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €9.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, United Rentals's average Cyclically Adjusted FCF Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of United Rentals was 168.70% per year. The lowest was -25.60% per year. And the median was 24.80% per year.

As of today (2026-07-14), United Rentals's current stock price is €659.60. United Rentals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €9.50. United Rentals's Cyclically Adjusted Price-to-FCF of today is 69.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United Rentals was 1801.00. The lowest was 33.99. And the median was 74.61.


United Rentals  (MIL:1URI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

United Rentals's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=659.60/9.50
=69.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United Rentals was 1801.00. The lowest was 33.99. And the median was 74.61.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


United Rentals Cyclically Adjusted FCF per Share Related Terms


United Rentals Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for United Rentals's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

United Rentals Cyclically Adjusted FCF per Share Chart

United Rentals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 8.98

United Rentals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 8.75 8.16 8.98 9.50

MIL:1URI vs SUNB, AER, UHAL: Cyclically Adjusted FCF per Share Comparison

For the Rental & Leasing Services subindustry, United Rentals's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Rentals Cyclically Adjusted Price-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, United Rentals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where United Rentals's Cyclically Adjusted Price-to-FCF falls into.


MIL:1URI
92GF Score
United Rentals Inc MIL:1URI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Rentals Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, United Rentals's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9.346/330.2130*330.2130
=9.346

Current CPI (Mar. 2026) = 330.2130.

United Rentals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.020 241.018 0.027
201609 -0.649 241.428 -0.888
201612 2.024 241.432 2.768
201703 4.172 243.801 5.651
201706 -0.208 244.955 -0.280
201709 -1.735 246.819 -2.321
201712 1.339 246.524 1.794
201803 3.130 249.554 4.142
201806 0.142 251.989 0.186
201809 -3.256 252.439 -4.259
201812 5.771 251.233 7.585
201903 4.069 254.202 5.286
201906 -0.045 256.143 -0.058
201909 1.028 256.759 1.322
201912 2.658 256.974 3.416
202003 4.667 258.115 5.971
202006 7.654 257.797 9.804
202009 4.125 260.280 5.233
202012 1.605 260.474 2.035
202103 5.132 264.877 6.398
202106 2.614 271.696 3.177
202109 -1.192 274.310 -1.435
202112 -0.967 278.802 -1.145
202203 4.360 287.504 5.008
202206 2.837 296.311 3.162
202209 -0.274 296.808 -0.305
202212 2.688 296.797 2.991
202303 0.924 301.836 1.011
202306 -0.912 305.109 -0.987
202309 -0.769 307.789 -0.825
202312 9.289 306.746 10.000
202403 6.277 312.332 6.636
202406 -2.743 314.175 -2.883
202409 -2.845 315.301 -2.980
202412 5.284 315.605 5.529
202503 9.613 319.799 9.926
202506 -3.070 322.561 -3.143
202509 -4.838 324.800 -4.919
202512 7.730 324.054 7.877
202603 9.346 330.213 9.346

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €9.50 mean?
United Rentals (MIL:1URI) has a Cyclically Adjusted FCF per Share of €9.50 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on United Rentals and its competitors.
Is United Rentals' Cyclically Adjusted FCF per Share too high?
United Rentals' current Cyclically Adjusted FCF per Share is €9.50. Overall, United Rentals has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does United Rentals' Cyclically Adjusted FCF per Share compare to SUNB and AER?
United Rentals' Cyclically Adjusted FCF per Share of €9.50 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Business Services company?
A good Cyclically Adjusted FCF per Share depends on the Business Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on United Rentals and its competitors. United Rentals's current Cyclically Adjusted FCF per Share is €9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Rentals stock overvalued right now?
United Rentals (MIL:1URI) has a current Cyclically Adjusted FCF per Share of €9.50. The stock's GF Value™ is €510.16, compared to a current price of €659.60 — trading 29.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €9.50. United Rentals' overall GF Score™ is 92/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For United Rentals (MIL:1URI), the current Cyclically Adjusted FCF per Share is €9.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is United Rentals (MIL:1URI) Overvalued in 2026?

Based on GuruFocus' analysis, United Rentals stock appears to be overvalued. The current stock price of €659.60 is trading 29.3% above its estimated GF Value™ of €510.16.

Key valuation signals for MIL:1URI:

  • Cyclically Adjusted FCF per Share: €9.50
  • GF Value™: €510.16 vs. price of €659.60 (29.3% above fair value)
  • GF Score™: 92/100 with 9 warning signs

No single metric tells the full story. See the MIL:1URI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Rentals Business Description

Address 100 First Stamford Place, Suite 700, Stamford, CT, USA, 06902
United Rentals is the world's largest equipment rental company, principally operating in the US and Canada. It has 16% share in a highly fragmented market serving general industrial (49%), commercial construction (46%), and residential construction (5%). The company operates a $21 billion fleet of equipment, including aerial platforms, forklifts, excavators, trucks, power generators, and various other materials serving local and national accounts from nearly 1,600 locations in North America and 100 abroad. It has pursued a strategy of bundling specialty rental capabilities to offer its customers more advanced solutions in addition to its core equipment rental business, supporting its ambitions to become a one-stop shop for customers and enhance and maintain its margin profile.
92GF Score

Get the complete analysis for MIL:1URI

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€659.60
Price
€510.16
GF Value