S&P Global upgrades United Rentals stock to investment grade

Published on 10/12/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 11.80 percent to USD 4.41 billion in the second quarter of 2026. United Rentals stock costs EUR 944.40 on October 12, 2026.

Key points in brief

S&P Global upgraded United Rentals' issuer credit rating to BBB- from BB+ on October 9, 2026.
Second-quarter 2026 revenue increased 11.80 percent to USD 4.41 billion, while adjusted earnings per share reached USD 12.76.
United Rentals stock was trading at EUR 944.40 at Lang & Schwarz on October 12, 2026 at 11:13 a.m. CEST.
The company is scheduled to release third-quarter 2026 results on October 21, 2026, followed by a conference call on October 22.

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United Rentals stock (ISIN US9113631090) was trading at EUR 944.40 at Lang & Schwarz on October 12, 2026 at 11:13 a.m. CEST. On October 9, 2026, S&P Global upgraded United Rentals' issuer credit rating to BBB- from BB+, according to Yahoo Finance.

What does the upgrade change

The rating move places United Rentals in investment-grade territory and reflects leverage in the low-2x area, sustained cash generation and a stable outlook, as reported by Yahoo Finance. S&P Global also cited the company's scale and specialty-equipment footprint as support through construction cycles.

Revenue sets the operating baseline

United Rentals reported USD 4.41 billion of revenue in the second quarter of 2026, up 11.80 percent year over year. Adjusted earnings per share reached USD 12.76 versus USD 10.47 in the same quarter of 2025, while revenue exceeded the USD 4.22 billion analyst estimate, according to MarketBeat.

The comparison matters because the company is entering its next reporting cycle with higher demand across construction, infrastructure, power and data centers. The second-quarter figures provide a quantified operating reference for the credit upgrade, while the equipment-rental model remains exposed to cyclical capital spending.

Three dated milestones and two dates

On July 22, 2026, United Rentals reported second-quarter revenue of USD 4.41 billion and adjusted earnings per share of USD 12.76, according to MarketBeat. On October 8, 2026, the company announced that its third-quarter 2026 press release would follow the market close on October 21, 2026, and its conference call would take place on October 22, 2026 at 8:30 a.m. ET, per Yahoo Finance. On October 9, 2026, S&P Global moved the issuer rating to BBB- from BB+, according to Yahoo Finance.

The next dated events are the third-quarter 2026 results release on October 21, 2026, and the related conference call on October 22, 2026 at 8:30 a.m. ET, according to Yahoo Finance.

Stock price and investor reference

United Rentals was trading at EUR 944.40 at Lang & Schwarz on October 12, 2026 at 11:13 a.m. CEST. Finance data put the company's market capitalization at USD 65.8 billion on October 12, 2026, while the primary-market 52-week range was USD 701.59 to USD 1,179.18 based on the latest available quote context.

The company is listed on the NYSE under ticker URI and is a member of the S&P 500. The further course of trading is shown by the continuously updated real-time quote of United Rentals stock.