United Rentals expands New Zealand push with cleaner kit. Wed, 28th Oct 2026 (Today) United Rentals is expanding in New Zealand with an investment in renewable energy and lower-emissions hire equipment, as it completes the rebrand of 11 sites acquired through its purchase of Royal Wolf. The expansion adds products for customers looking to cut worksite emissions and meet internal sustainability targets. The range includes hybrid generators, Battery Energy Storage Systems, portable solar skids for container offices and portable buildings, and a solar-powered Site Hub. United Rentals supplies mobile storage and container worksite solutions to the infrastructure, construction, agriculture, events and retail sectors. Since acquiring shipping container company Royal Wolf, its New Zealand business has been reshaped, with the latest investment marking a broader push into energy-related hire products. Demand for lower-emissions equipment is rising as infrastructure and construction activity continues across the country. United Rentals cited projects including Auckland's GBP £700 million Eastern Busway and a growing number of solar developments as areas where Battery Energy Storage Systems and Site Hubs are already being used. Cleaner worksites United Rentals said its solar-powered Site Hub can cut emissions by more than 95% on a typical worksite compared with one relying on a traditional diesel generator. It said the unit can also save up to $25,000 a year and help customers reduce greenhouse gas emissions by more than 90%, with the remaining 10% neutralised through offsets. Battery Energy Storage Systems are also becoming more prominent in temporary site power. They store energy for later use and are designed to reduce fuel use and electricity consumption on worksites that would otherwise rely more heavily on conventional generation. In Ruakākā, south of Whangārei, Hiringa Energy used a solar-powered Site Hub as a base for workers during construction of a solar-to-hydrogen farm. The project shows how the equipment is being used beyond traditional building sites and in emerging parts of the energy sector. The investment is intended to meet current customer demand while positioning the business to support infrastructure projects and expand in areas including geothermal, hydropower and solar. This broadens United Rentals' New Zealand focus beyond its established storage and container offering and into site energy systems. Rebrand completed The nationwide rebrand covers 11 locations in New Zealand. It follows the integration of Royal Wolf into United Rentals' international business, giving the group a larger local footprint as it aligns the former container hire business with its wider rental operations. The refrigerated container segment is also being updated, with remote temperature monitoring now offered to give customers more oversight and flexibility in managing temperature-sensitive goods. Graham Allison, District Manager - New Zealand, said local demand had shifted towards equipment that could support customers' environmental targets as well as operational needs. "These products not only support projects to meet and exceed sustainability targets, they also enable companies to make significant savings and gain that all-important competitive advantage," said Allison, District Manager - New Zealand, United Rentals. He also pointed to the use of the Site Hub on the Hiringa Energy project. "Like many of our customers, Hiringa Energy is committed to meeting decarbonisation and net zero targets, so using a Site Hub helps them, their customers, and also fits with their renewable energy ethos," said Allison. United Rentals describes itself as the world's largest hire company. The group has 19 locations in New Zealand, alongside a wider network spanning North America, Europe and Australia, and a global equipment fleet with an original cost of USD $22.59 billion.

United Rentals expands hybrid power solutions for Australian worksites. 23/10/2026 United Rentals is expanding its hybrid power solutions in Australia, adding to its range of battery storage, hybrid generators and solar platforms as businesses look to reduce fuel consumption, operating costs and emissions. The equipment hire company's offering includes hybrid battery-diesel generators, battery energy storage systems (BESS) and portable 20ft solar platforms designed to work together to power site offices, portable buildings and industrial equipment. "With ongoing fuel price challenges and the need to meet sustainability targets, businesses are looking for smarter ways to run sites without compromising reliability," United Rentals director of mobile storage Keith Simpson says. The BESS units store electricity from the grid, solar panels or generators for use when required. When paired with a generator, the system can automatically manage the power supply to reduce generator runtime and fuel consumption. Keith says the systems could help contractors lower operating costs while reducing greenhouse gas emissions and onsite noise. Compared with a diesel-only generator, combining a hybrid generator with a BESS unit can reduce fuel consumption by up to 80%, emissions by up to 50% and onsite noise by up to 90%, according to figures supplied by United Rentals. Actual results will depend on site conditions, load and usage. The company's portable solar platforms, also known as solar skids, can deliver up to 2.5kW of power each and integrate with BESS and hybrid generator systems. Up to eight skids can be connected to a BESS unit, providing a combined solar capacity of up to 20kW. The hybrid power system supplied multiple site facilities, including offices, lunchrooms and amenities, with peak power demand reaching 400kW per day. The arrangement was later expanded to supply two additional site compounds. Over 10 months, diesel generator runtime fell from 9,096 hours to 1,523 hours, saving approximately $210,000 in fuel costs and reducing carbon dioxide emissions by 159,894kg. Reduced generator runtime also lowered maintenance requirements, with scheduled services falling from 19 to three over the period. "As well as cost savings, harnessing renewable energy with solar-powered systems and hybrid technology also helps companies to accelerate project timelines by enabling rapid deployment with no need for power or water connections," Keith says. United Rentals expects demand for hybrid power systems to grow across infrastructure, construction, telecommunications and solar farm projects as businesses work towards emissions reduction and environmental, social and governance targets. "From major infrastructure projects to regionally focused construction like telecommunications and solar farms, more and more companies are adopting a renewable energy ethos," Keith adds. "Meeting ESG and compliance targets is key for businesses, and ensuring these goals align with government mandates and investor expectations is essential." * ADVERTISEMENT * ADVERTISEMENT

United Rentals third-quarter net income rises to $920 million and raises 2026 outlook. Adjusted EBITDA rose to $2.331 billion, and the company now expects 2026 total revenue of $18.0 billion to $18.2 billion. By Yash Upadhyaya Oct 21, 2026 Key takeaways. * United Rentals, Inc. (URI) said in a filing on Oct. 21 that third-quarter net income rose 31.2% to $920 million from a year earlier. Total revenue was $4.893 billion, against $4.229 billion a year earlier. The company raised its 2026 outlook. United Rentals, Inc. (URI) said Wednesday in a press release that net income for the third quarter rose 31.2% to $920 million from a year earlier, and that it raised its full-year 2026 guidance. The release was furnished with a Form 8-K filed with the Securities and Exchange Commission. It covers the quarter ended Sept. 30. Here's how the company did: * Net income: $920 million vs. $701 million a year earlier * Diluted earnings per share: $14.77 vs. $10.91 a year earlier * Adjusted earnings per share: $15.55 vs. $11.70 a year earlier * Total revenue: $4.893 billion vs. $4.229 billion a year earlier * Adjusted EBITDA: $2.331 billion vs. $1.946 billion a year earlier Rental revenue rose 17.8% from a year earlier to a quarterly record of $4.316 billion, the company said. The increase was driven mainly by a 7.9% rise in average original equipment at cost, or OEC, the company said. Fleet productivity, which the company defines as the combined impact of rental rates, time utilization and mix on owned equipment rental revenue, rose 6.5%. Ancillary and re-rent revenue contributed 4.9% to rental revenue growth. Margins and costs. Net income margin increased 220 basis points to 18.8%, primarily due to higher rental gross margin, the company said. Adjusted EBITDA margin rose 160 basis points to 47.6%. Adjusted EBITDA is a non-GAAP measure of earnings before interest, taxes, depreciation and amortization, adjusted to add back restructuring charges, stock compensation expense and the fair value mark-up of acquired fleet. The company also cited a lower ratio of selling, general and administrative expenses to revenue, and a larger share of revenue from equipment rentals. The company recorded a $15 million restructuring charge in the quarter, compared with none a year earlier. For the nine months, restructuring charges totaled $66 million. The filing said they were primarily severance and branch closure costs under a program started in the fourth quarter of 2025 to consolidate certain common functions. The nine-month results included a pre-tax gain of $53 million from the sale of part of the company's scaffolding business. After tax, the gain was $39 million, or $0.63 per diluted share. Segment results. General rentals rental revenue rose 8.8% to a quarterly record of $2.612 billion. Rental gross margin in that segment increased 170 basis points to 38.4%. Specialty rentals rental revenue rose 34.7% to a quarterly record of $1.704 billion. Rental gross margin in that segment increased 250 basis points to 47.6%. Used equipment sales increased 4.5% from a year earlier and generated $348 million of proceeds. The GAAP gross margin on those sales was 44.8%, compared with 44.1% a year earlier. The company realized a 51.4% OEC recovery rate on fleet sold in the quarter. Guidance. The company raised its 2026 outlook on several measures. Total revenue is now expected at $18.0 billion to $18.2 billion, up from $17.5 billion to $17.8 billion. Adjusted EBITDA is now projected at $8.3 billion to $8.4 billion, from $7.975 billion to $8.125 billion. Net cash provided by operating activities is now projected at $6.25 billion to $6.85 billion, from $5.85 billion to $6.65 billion. Net rental capital expenditures after gross purchases are now $3.75 billion to $4.05 billion, after gross purchases of $5.2 billion to $5.5 billion. The prior outlook was $3.4 billion to $3.8 billion, after gross purchases of $4.85 billion to $5.25 billion. Free cash flow excluding restructuring related payments was unchanged at $2.15 billion to $2.45 billion. CEO Matthew Flannery said: "As we look ahead, we believe we are uniquely positioned to outperform the industry through our broad footprint, unmatched one-stop-shop offering, exceptional levels of service, leading technology and unwavering commitment to safety." He added: "Our raised guidance reflects this, and is supported by our customers' confidence, their backlogs, and the momentum we see across large projects." Capital returns. The company completed its $2.0 billion share repurchase program and started a new $5.0 billion program during the first nine months, according to the filing. It repurchased $1.125 billion of common stock under these programs in that period and expects to complete $1.5 billion of repurchases in 2026. Its board declared a quarterly dividend of $1.97 per share, up from $1.79 a year earlier. The dividend is payable Nov. 25 to stockholders of record on Nov. 11. The net leverage ratio was 1.8x at Sept. 30, compared with 1.9x at Dec. 31, 2025. Total liquidity was $2.615 billion, including $153 million of cash and cash equivalents. Net cash provided by operating activities rose 25.4% to $4.934 billion for the first nine months. Free cash flow, including restructuring related payments, rose 19.2% to $1.421 billion over the same period. The company said its return on invested capital was 12.3% for the 12 months ended Sept. 30. Purchases of other companies, net of cash acquired, totaled $527 million for the nine months, against $22 million a year earlier. The release describes United Rentals as the largest equipment rental company in the world, with 1,686 rental locations in North America and about 28,600 employees.