United Rentals Inc (URI) — Working Capital to Net Assets Ratio
United Rentals Inc (URI) has a Working Capital to Net Assets ratio of -4.8% as of September 2025. Working capital of $-428.00 Million (current assets of $3.78 Billion minus current liabilities of $4.21 Billion) is measured against net assets of $9.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See United Rentals Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
United Rentals Inc Working Capital to Net Assets (1998–2024)
This chart shows how United Rentals Inc's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at -4.8%, reflecting working capital of $-428.00 Million against net assets of $9.00 Billion USD. See URI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for United Rentals Inc (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for United Rentals Inc from 1998 to 2024, covering 27 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of United Rentals Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -0.9% | $-74.00 Million | $8.62 Billion | $3.25 Billion | $3.32 Billion | ▲ +7.8 pp |
| 2023 | -8.7% | $-704.00 Million | $8.13 Billion | $2.93 Billion | $3.64 Billion | ▼ -12.6 pp |
| 2022 | 3.9% | $278.00 Million | $7.06 Billion | $2.72 Billion | $2.44 Billion | ▲ +11.5 pp |
| 2021 | -7.5% | $-452.00 Million | $5.99 Billion | $2.15 Billion | $2.60 Billion | ▼ -10.3 pp |
| 2020 | 2.8% | $127.00 Million | $4.54 Billion | $2.02 Billion | $1.89 Billion | ▲ +12.1 pp |
| 2019 | -9.3% | $-356.00 Million | $3.83 Billion | $1.84 Billion | $2.20 Billion | ▲ +1.1 pp |
| 2018 | -10.4% | $-355.00 Million | $3.40 Billion | $1.76 Billion | $2.12 Billion | ▼ -13.8 pp |
| 2017 | 3.3% | $104.00 Million | $3.11 Billion | $1.77 Billion | $1.67 Billion | ▼ -7.4 pp |
| 2016 | 10.7% | $177.00 Million | $1.65 Billion | $1.36 Billion | $1.18 Billion | ▲ +6.6 pp |
| 2015 | 4.1% | $61.00 Million | $1.48 Billion | $1.29 Billion | $1.23 Billion | ▲ +0.4 pp |
| 2014 | 3.8% | $68.00 Million | $1.80 Billion | $1.55 Billion | $1.48 Billion | ▼ -0.3 pp |
| 2013 | 4.1% | $76.00 Million | $1.85 Billion | $1.36 Billion | $1.29 Billion | ▲ +4.6 pp |
| 2012 | -0.5% | $-8.00 Million | $1.57 Billion | $1.34 Billion | $1.35 Billion | ▲ +219.8 pp |
| 2011 | -220.3% | $-141.00 Million | $64.00 Million | $723.00 Million | $864.00 Million | ▲ +559.7 pp |
| 2010 | -780.0% | $156.00 Million | $-20.00 Million | $725.00 Million | $569.00 Million | ▲ +504.2 pp |
| 2009 | -1284.2% | $244.00 Million | $-19.00 Million | $705.00 Million | $461.00 Million | ▼ -332.5 pp |
| 2008 | -951.7% | $276.00 Million | $-29.00 Million | $703.00 Million | $427.00 Million | ▼ -981.5 pp |
| 2007 | 29.7% | $600.00 Million | $2.02 Billion | $1.12 Billion | $520.00 Million | ▲ +3.3 pp |
| 2006 | 26.4% | $406.00 Million | $1.54 Billion | $1.00 Billion | $599.00 Million | ▼ -21.2 pp |
| 2005 | 47.6% | $585.00 Million | $1.23 Billion | $1.22 Billion | $631.00 Million | ▼ -0.4 pp |
| 2004 | 48.0% | $492.00 Million | $1.03 Billion | $1.03 Billion | $540.00 Million | ▼ -9.2 pp |
| 2003 | 57.2% | $652.22 Million | $1.14 Billion | $803.01 Million | $150.80 Million | ▲ +19.5 pp |
| 2002 | 37.7% | $501.48 Million | $1.33 Billion | $708.52 Million | $207.04 Million | ▲ +12.2 pp |
| 2001 | 25.4% | $482.99 Million | $1.90 Billion | $687.76 Million | $204.77 Million | ▼ -0.7 pp |
| 2000 | 26.1% | $481.70 Million | $1.85 Billion | $741.85 Million | $260.15 Million | ▲ +0.9 pp |
| 1999 | 25.1% | $426.90 Million | $1.70 Billion | $669.80 Million | $242.90 Million | ▼ -0.4 pp |
| 1998 | 25.6% | $262.20 Million | $1.03 Billion | $384.10 Million | $121.90 Million | — |