vs
United Rentals（URI）与标普全球（VG）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是United Rentals的1.1倍（$4.4B vs $4.0B），标普全球净利率更高（26.8% vs 13.3%，领先13.5%），标普全球同比增速更快（191.7% vs 7.2%），United Rentals自由现金流更多（$1.1B vs $-1.5B），过去两年United Rentals的营收复合增速更高（114.0% vs 77.3%）
United Rentals是美国设备租赁企业，2022年占据北美市场约16%的份额。截至2025年，该公司拥有全球规模最大的租赁车队，覆盖约4800类设备，原始设备成本总计约205.9亿美元，在全球共设1625个营业网点，业务覆盖北美、欧洲、澳大利亚及新西兰。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息与数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球能源、标普全球市场财智、印度信用评级机构CRISIL等子品牌，同时是标普道琼斯指数合资公司的控股股东。
URI vs VG — 直观对比
营收规模更大
VG
是对方的1.1倍
$4.0B
营收增速更快
VG
高出184.5%
7.2%
净利率更高
VG
高出13.5%
13.3%
自由现金流更多
URI
多$2.6B
$-1.5B
两年增速更快
URI
近两年复合增速
77.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $4.4B |
| 净利润 | $531.0M | $1.2B |
| 毛利率 | 36.9% | — |
| 营业利润率 | 21.8% | 38.7% |
| 净利率 | 13.3% | 26.8% |
| 营收同比 | 7.2% | 191.7% |
| 净利润同比 | — | 20.3% |
| 每股收益（稀释后） | $8.43 | $0.41 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收URIVG
| Q1 26 | $4.0B | — | ||
| Q4 25 | $992.0M | $4.4B | ||
| Q3 25 | $938.0M | $3.3B | ||
| Q2 25 | $872.0M | $3.1B | ||
| Q1 25 | $893.0M | $2.9B | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $874.0M | $926.0M | ||
| Q2 24 | $870.0M | $1.1B |
净利润URIVG
| Q1 26 | $531.0M | — | ||
| Q4 25 | $653.0M | $1.2B | ||
| Q3 25 | $701.0M | $550.0M | ||
| Q2 25 | $622.0M | $475.0M | ||
| Q1 25 | $518.0M | $517.0M | ||
| Q4 24 | $689.0M | $990.0M | ||
| Q3 24 | $708.0M | $-294.0M | ||
| Q2 24 | $636.0M | $352.0M |
毛利率URIVG
| Q1 26 | 36.9% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率URIVG
| Q1 26 | 21.8% | — | ||
| Q4 25 | — | 38.7% | ||
| Q3 25 | — | 39.7% | ||
| Q2 25 | — | 33.5% | ||
| Q1 25 | 90.0% | 37.3% | ||
| Q4 24 | — | 39.0% | ||
| Q3 24 | — | 20.4% | ||
| Q2 24 | — | 32.8% |
净利率URIVG
| Q1 26 | 13.3% | — | ||
| Q4 25 | 65.8% | 26.8% | ||
| Q3 25 | 74.7% | 16.5% | ||
| Q2 25 | 71.3% | 15.3% | ||
| Q1 25 | 58.0% | 17.9% | ||
| Q4 24 | 67.6% | 65.0% | ||
| Q3 24 | 81.0% | -31.7% | ||
| Q2 24 | 73.1% | 31.8% |
每股收益（稀释后）URIVG
| Q1 26 | $8.43 | — | ||
| Q4 25 | $10.20 | $0.41 | ||
| Q3 25 | $10.91 | $0.16 | ||
| Q2 25 | $9.59 | $0.14 | ||
| Q1 25 | $7.91 | $0.15 | ||
| Q4 24 | $10.41 | $0.35 | ||
| Q3 24 | $10.70 | $-0.15 | ||
| Q2 24 | $9.54 | $0.12 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $156.0M | $2.4B |
| 总债务越低越好 | $13.9B | $34.2B |
| 股东权益账面价值 | $9.0B | $6.7B |
| 总资产 | $29.9B | $53.4B |
| 负债/权益比越低杠杆越低 | 1.55× | 5.07× |
8季度趋势，按日历期对齐
现金及短期投资URIVG
| Q1 26 | $156.0M | — | ||
| Q4 25 | $459.0M | $2.4B | ||
| Q3 25 | $512.0M | $1.9B | ||
| Q2 25 | $548.0M | $2.2B | ||
| Q1 25 | $542.0M | $3.6B | ||
| Q4 24 | $457.0M | $3.6B | ||
| Q3 24 | $479.0M | — | ||
| Q2 24 | $467.0M | — |
总债务URIVG
| Q1 26 | $13.9B | — | ||
| Q4 25 | $12.7B | $34.2B | ||
| Q3 25 | $12.6B | $32.6B | ||
| Q2 25 | $12.1B | $30.0B | ||
| Q1 25 | $11.5B | $29.3B | ||
| Q4 24 | $12.2B | $29.3B | ||
| Q3 24 | $11.9B | — | ||
| Q2 24 | $11.5B | — |
股东权益URIVG
| Q1 26 | $9.0B | — | ||
| Q4 25 | $9.0B | $6.7B | ||
| Q3 25 | $9.0B | $5.7B | ||
| Q2 25 | $9.0B | $5.3B | ||
| Q1 25 | $8.8B | $4.9B | ||
| Q4 24 | $8.6B | $2.9B | ||
| Q3 24 | $8.6B | — | ||
| Q2 24 | $8.3B | — |
总资产URIVG
| Q1 26 | $29.9B | — | ||
| Q4 25 | $29.9B | $53.4B | ||
| Q3 25 | $30.1B | $50.1B | ||
| Q2 25 | $29.2B | $46.5B | ||
| Q1 25 | $28.1B | $45.1B | ||
| Q4 24 | $28.2B | $43.5B | ||
| Q3 24 | $28.4B | — | ||
| Q2 24 | $27.6B | — |
负债/权益比URIVG
| Q1 26 | 1.55× | — | ||
| Q4 25 | 1.41× | 5.07× | ||
| Q3 25 | 1.40× | 5.73× | ||
| Q2 25 | 1.34× | 5.69× | ||
| Q1 25 | 1.31× | 6.01× | ||
| Q4 24 | 1.42× | 10.11× | ||
| Q3 24 | 1.38× | — | ||
| Q2 24 | 1.39× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.5B | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $-1.5B |
| 自由现金流率自由现金流/营收 | 26.4% | -34.1% |
| 资本支出强度资本支出/营收 | — | 81.6% |
| 现金转化率经营现金流/净利润 | 2.85× | 1.77× |
| 过去12个月自由现金流最近4个季度 | — | $-6.8B |
8季度趋势，按日历期对齐
经营现金流URIVG
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.3B | $2.1B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.3B | — |
自由现金流URIVG
| Q1 26 | $1.1B | — | ||
| Q4 25 | — | $-1.5B | ||
| Q3 25 | — | $-1.4B | ||
| Q2 25 | — | $-1.5B | ||
| Q1 25 | — | $-2.4B | ||
| Q4 24 | $471.0M | — | ||
| Q3 24 | $-168.0M | — | ||
| Q2 24 | $-263.0M | — |
自由现金流率URIVG
| Q1 26 | 26.4% | — | ||
| Q4 25 | — | -34.1% | ||
| Q3 25 | — | -42.4% | ||
| Q2 25 | — | -49.1% | ||
| Q1 25 | — | -81.3% | ||
| Q4 24 | 46.2% | — | ||
| Q3 24 | -19.2% | — | ||
| Q2 24 | -30.2% | — |
资本支出强度URIVG
| Q1 26 | — | — | ||
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 98.9% | ||
| Q2 25 | — | 96.1% | ||
| Q1 25 | — | 119.8% | ||
| Q4 24 | 56.6% | — | ||
| Q3 24 | 157.0% | — | ||
| Q2 24 | 175.6% | — |
现金转化率URIVG
| Q1 26 | 2.85× | — | ||
| Q4 25 | 1.92× | 1.77× | ||
| Q3 25 | 1.68× | 3.42× | ||
| Q2 25 | 2.14× | 3.07× | ||
| Q1 25 | 2.75× | 2.15× | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.70× | — | ||
| Q2 24 | 1.99× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
URI
| Equipment rentals | $3.4B | 86% |
| Sales of rental equipment | $350.0M | 9% |
| Service and other revenues | $92.0M | 2% |
| Sales of new equipment | $84.0M | 2% |
| Contractor supplies sales | $40.0M | 1% |
VG
| Plaquemines Project Segment | $3.4B | 76% |
| Calcasieu Project Segment | $841.0M | 19% |
| Other | $208.0M | 5% |
