United Rentals Inc could benefit from the unpredictability over tariffs as customers become weary of ownership.
“Anytime there’s uncertainty, that tends to favor rental over ownership,” Chief Financial Officer Ted Grace said on a call Thursday with analysts, adding that revenue could see a boost and the rental margin could benefit “even more than we think.”
Tariffs aren’t expected to increase costs as capital expenditures are fully negotiated for the year. As for 2026, the company said it will try to align with suppliers that can bypass cost increases or avoid them altogether.
The Stamford, Conn.-based company beat estimates Wednesday in equipment rentals sales, its largest segment, as it reiterated full-year adjusted Ebitda and revenue guidance.
Shares rose as much as 6.6% as of 10:04 am in New York.
