FCF Payout Ratio: 71.04%
Is the FCF payout ratio high or low?
The FCF payout ratio of 71.04% is 12% below its 3-year average of 80.45%, near the low end of its 3-year range (22.25%–211.81%).
8.06% below its 12-month average of 77.27%.
URI FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
URI Average FCF Payout Ratio Chart
URI Current vs Average FCF Payout Ratio Chart
URI FCF Payout Ratio Metrics
FCF PAYOUT RATIO
71.04%
FCF PAYOUT RATIO AVG TTM
77.27%
FCF PAYOUT RATIO AVG 3Y
69.51%
FCF PAYOUT RATIO AVG 5Y
69.51%
FCF PAYOUT RATIO AVG 10Y
69.51%
FCF PAYOUT RATIO AVG 15Y
69.51%
FCF PAYOUT RATIO AVG 20Y
69.51%
CURRENT VS TTM AVG
-8.06%
CURRENT VS 3Y AVG
+2.20%
CURRENT VS 5Y AVG
+2.20%
CURRENT VS 10Y AVG
+2.20%
CURRENT VS 15Y AVG
+2.20%
CURRENT VS 20Y AVG
+2.20%
Payout Ratio Comparison
FCF Payout Ratio TTM
71.0%
Earnings Payout Ratio
20.4%
Dividend Yield
0.70%
FCF Yield
0.93%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $662.00M | $464.00M | 70.1% |
| 2024 | $419.00M | $434.00M | 103.6% |
| 2023 | $634.00M | $406.00M | 64.0% |
| 2022 | $743.00M | $0 | 0.0% |
| 2021 | $491.00M | $0 | 0.0% |
| 2020 | $1.50B | $0 | 0.0% |
| 2019 | $674.00M | $0 | 0.0% |
| 2018 | $562.00M | $0 | 0.0% |
| 2017 | $341.00M | $0 | 0.0% |
| 2016 | $614.00M | $0 | 0.0% |
| 2015 | $359.00M | $0 | 0.0% |
| 2014 | ($20.00M) | $0 | N/A (Loss) |
| 2013 | ($133.00M) | $0 | N/A (Loss) |
| 2012 | ($648.00M) | $0 | N/A (Loss) |
| 2011 | ($202.00M) | $0 | N/A (Loss) |
| 2010 | $78.00M | $0 | 0.0% |
| 2009 | $127.00M | $0 | 0.0% |
| 2008 | $60.00M | $257.00M | 428.3% |
| 2007 | ($122.00M) | $0 | N/A (Loss) |
| 2006 | ($107.00M) | $0 | N/A (Loss) |
| 2005 | ($220.00M) | $0 | N/A (Loss) |
| 2004 | ($14.00M) | $0 | N/A (Loss) |
| 2003 | ($371.00M) | $18.16M | N/A (Loss) |
| 2002 | ($12.95M) | $83.04M | N/A (Loss) |
| 2001 | $199.39M | $0 | 0.0% |
| 2000 | ($449.25M) | $0 | N/A (Loss) |
| 1999 | ($1.41B) | $0 | N/A (Loss) |
| 1998 | ($1.26B) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FCF Payout Ratio FAQ
- What is the FCF payout ratio for United Rentals, Inc. (URI)?
- The FCF payout ratio for URI stock is 71.04%.
- Is United Rentals, Inc.'s FCF payout ratio high or low?
- The FCF payout ratio of 71.04% is 12% below its 3-year average of 80.45%, near the low end of its 3-year range (22.25%–211.81%).
- What is the TTM average FCF payout ratio for United Rentals, Inc. (URI)?
- The TTM average FCF payout ratio for URI stock is 77.27%.
- What is the 3Y average FCF payout ratio for United Rentals, Inc. (URI)?
- The 3Y average FCF payout ratio for URI stock is 69.51%.
- What is the 5Y average FCF payout ratio for United Rentals, Inc. (URI)?
- The 5Y average FCF payout ratio for URI stock is 69.51%.
- What is the 10Y average FCF payout ratio for United Rentals, Inc. (URI)?
- The 10Y average FCF payout ratio for URI stock is 69.51%.
- What is the 15Y average FCF payout ratio for United Rentals, Inc. (URI)?
- The 15Y average FCF payout ratio for URI stock is 69.51%.
- What is the 20Y average FCF payout ratio for United Rentals, Inc. (URI)?
- The 20Y average FCF payout ratio for URI stock is 69.51%.
URI FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 71.04% |
| 2025-12-31 | 70.09% |
| 2025-09-30 | 101.78% |
| 2025-06-30 | 74.26% |
| 2025-03-31 | 69.17% |
| 2024-12-31 | 103.58% |
| 2024-09-30 | 57.47% |
| 2024-06-30 | 46.88% |
| 2024-03-31 | 40.29% |
| 2023-12-31 | 64.04% |
| 2023-09-30 | 211.81% |
| 2023-06-30 | 113.26% |
| 2023-03-31 | 22.25% |
| 2003-09-30 | 37.82% |
| 2003-06-30 | 192.57% |
| 2003-03-31 | 976.21% |
About United Rentals, Inc.
United Rentals, Inc., founded in 1997 and headquartered in Stamford, Connecticut, functions as a prominent equipment rental firm through its various subsidiaries. The company's operations are divided into two main divisions: General Rentals and Specialty. The General Rentals segment offers a broad selection of construction and industrial machinery, including heavy equipment like backhoes, skid-steer loaders, earthmoving machinery, and forklifts, alongside aerial work platforms such as boom and scissor lifts. This division also provides general tools and lighter equipment, ranging from pressure washers to power tools. Its client base is diverse, encompassing construction and industrial enterprises, manufacturers, utility companies, municipalities, government bodies, and individual homeowners. Conversely, the Specialty segment focuses on more specialized construction products. This includes comprehensive trench safety gear, such as trench shields, aluminum hydraulic shoring systems, and construction lasers, designed for underground work. It also supplies power generation and climate control equipment, featuring portable diesel generators, electrical distribution units, and temperature management systems. Additionally, the segment offers fluid solutions for containment, transfer, and treatment, as well as mobile storage units and modular office spaces. This segment primarily caters to companies undertaking infrastructure projects, municipalities, and industrial clients. Beyond rentals, United Rentals also sells new equipment, including aerial lifts, telehandlers, and compressors, along with construction consumables, tools, small equipment, and safety supplies. It further provides parts for customer-owned machinery and offers repair and maintenance services. The company remarkets its used equipment through its dedicated sales force, brokers, its website, direct sales to manufacturers, and auctions. United Rentals maintains an extensive network of 1,360 rental facilities across the United States, Canada, Europe, Australia, and New Zealand.
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- CEO
- Matthew J. Flannery