United Rentals Q1 Beat, Stock Up 15%

United Rentals posted Q1 2026 adjusted EPS $9.71, beating consensus $8.95, and revenue $3.99bn, up 8.7% YoY.
Company raised full‑year 2026 revenue guidance to $16.9‑$17.4bn (midpoint $17.15bn) and adjusted EBITDA outlook to $7.625‑$7.875bn.
Adjusted EBITDA hit a Q1 record $1.76bn (44.1% margin); operating cash flow $1.51bn and free cash flow $1.05bn.
United Rentals returned $500m to shareholders via $375m share repurchases and $125m dividends, sending the stock up 15.2%.