United Rentals, Inc.URI

Where URI's EV/EBITDA sits inside its own 10-year distribution, with the yearly high, low and average.

$1,030.25-7.26 (-0.70%)Previous close
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URI EV/EBITDA: current value, 10-year range and year-by-year history

EV/EBITDA History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
URI EV/EBITDA historyURI EV/EBITDA from Aug 2023 to Jul 2026: low 2.52, high 13.38, latest 2.52.1.654.87.9511.114.25Aug 23Apr 24Oct 24Jun 25Jan 26Jul 26med 9.03

URI EV/EBITDA by year

Yearly range of URI’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 2.5 to 15.0, averaging 7.8.

URI EV/EBITDA — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20262.510.013.42.5
20257.09.412.410.4
20247.49.010.58.7
20236.17.18.38.0
20225.77.08.76.9
20217.18.89.88.1
20204.15.67.27.1
20195.05.86.35.9
20185.27.28.95.5
20176.67.68.98.6
201611.513.315.014.0

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An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.

Formula(Market Cap + Net Debt) / EBITDA
Full guide
How to read this chart

Unlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.

Key caveats
  • EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
  • Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
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