5 Biggest Leasing Companies in the World

2. United Rentals, Inc. (NYSE:URI)

 Market Capitalization as of November 13, 2022: $24.21 billion

United Rentals, Inc. (NYSE:URI) is an industrials company that rents out forklifts, loaders, material handling equipment, scissor lifts, and aerial work platforms among others. The firm is headquartered in Stamford, Connecticut, the United States.

United Rentals, Inc. (NYSE:URI) is a cash flow king, and it outlined after its second quarter that by the end of this year, its operating income will stand at $5.5 billion, allowing it to post around $2 billion in free cash flow. The firm’s fleet productivity, which combines its rental rate and utilization, grew by 11.3% during the second quarter of this year.

United Rentals, Inc. (NYSE:URI) has a $24.21 billion market capitalization, and the firm’s shares are up by 5.65% year to date.

United Rentals, Inc. (NYSE:URI)’s largest investor is Andrew Wellington and Jeff Keswin’s Lyrical Asset Management which owns 1.1 million shares that are worth $285 million.