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URI (United Rentals) Cyclically Adjusted FCF per Share : $9.83 (As of Dec. 2024)


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What is United Rentals Cyclically Adjusted FCF per Share?

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 Dec. 2024 was $5.533. 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 $9.83 for the trailing ten years ended in Dec. 2024.

During the past 12 months, United Rentals's average Cyclically Adjusted FCF Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 36.90% 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 28.40% per year.

As of today (2025-04-01), United Rentals's current stock price is $626.70. United Rentals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $9.83. United Rentals's Cyclically Adjusted Price-to-FCF of today is 63.75.

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 72.95.


United Rentals Cyclically Adjusted FCF per Share Historical Data

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.

* Premium members only.

United Rentals Cyclically Adjusted FCF per Share Chart

United Rentals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.88 5.18 7.57 8.92 9.83

United Rentals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.92 9.57 9.56 9.37 9.83

Competitive Comparison of United Rentals's Cyclically Adjusted FCF per Share

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's Cyclically Adjusted Price-to-FCF Distribution in the 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.


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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 Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.533/133.1571*133.1571
=5.533

Current CPI (Dec. 2024) = 133.1571.

United Rentals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 3.331 99.621 4.452
201506 -1.494 100.684 -1.976
201509 -1.345 100.392 -1.784
201512 3.235 99.792 4.317
201603 5.289 100.470 7.010
201606 0.023 101.688 0.030
201609 -0.729 101.861 -0.953
201612 2.135 101.863 2.791
201703 4.463 102.862 5.777
201706 -0.234 103.349 -0.301
201709 -2.068 104.136 -2.644
201712 1.585 104.011 2.029
201803 3.860 105.290 4.882
201806 0.166 106.317 0.208
201809 -3.799 106.507 -4.750
201812 6.565 105.998 8.247
201903 4.597 107.251 5.707
201906 -0.051 108.070 -0.063
201909 1.132 108.329 1.391
201912 2.953 108.420 3.627
202003 5.157 108.902 6.306
202006 8.620 108.767 10.553
202009 4.859 109.815 5.892
202012 1.953 109.897 2.366
202103 6.109 111.754 7.279
202106 3.149 114.631 3.658
202109 -1.403 115.734 -1.614
202112 -1.092 117.630 -1.236
202203 4.802 121.301 5.271
202206 2.999 125.017 3.194
202209 -0.271 125.227 -0.288
202212 2.848 125.222 3.028
202303 0.989 127.348 1.034
202306 -0.988 128.729 -1.022
202309 -0.820 129.860 -0.841
202312 10.130 129.419 10.423
202403 6.823 131.776 6.894
202406 -2.953 132.554 -2.966
202409 -3.158 133.029 -3.161
202412 5.533 133.157 5.533

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


United Rentals  (NYSE:URI) 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
=626.70/9.83
=63.75

* 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 72.95.


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

Thank you for viewing the detailed overview of United Rentals's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


United Rentals Business Description

Industry
Address
100 First Stamford Place, Suite 700, Stamford, CT, USA, 06902
United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods. 2024 revenue totaled $15.3 billion.
Executives
William E. Grace officer: VP, Interim CFO C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Anthony S. Leopold officer: SVP C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Joli L. Gross officer: SVP, General Counsel TWO AMERICAN LANE, GREENWICH CT 06831
Michael D Durand officer: EVP, Chief Operating Officer C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Matthew John Flannery officer: Sr. Vice President- Operations C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STAMFORD CT 06902
Craig Adam Pintoff officer: Sr. V.P,, Gen. Counsel & H.R. C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STE 700, STAMFORD CT 06902
Terri L. Kelly director C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Dale A Asplund officer: Senior V.P.-Business Services C/O BRIGHTVIEW HOLDINGS, INC., 980 JOLLY ROAD, SUITE 300, BLUE BELL PA 19422
Andrew B. Limoges officer: VP, Controller C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Jose B Alvarez director STOP & SHOP, 1385 HANCOCK STREET, QUINCY MA 02169
Francisco J Lopez-balboa director 3280 PEACHTREE ROAD, N.W., ATLANTA GA 30305
Jessica Graziano officer: Vice President, Controller C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STAMFORD CT 06902
Shiv Singh director C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
De Shon Larry D director 6 SYLVAN WAY, PARSIPPANY NJ 07054
Filippo Passerini director C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STAMFORD CT 06902