Michael Kneeland - United Rentals CEO

URI Stock  USD 690.80  0.12  0.02%   

CEO

Mr. Michael J. Kneeland is re designated as NonExecutive Chairman of the Board of the Company effective May 8, 2019. Mr. Kneeland was appointed chief executive officer of United Rentals, and a director of the Company, in 2008. As previously announced, Mr. Kneeland will retire as CEO on May 8, 2019, at which point he will become nonexecutive Chairman of the Companys Board. From 2008 until March 2018, he also served as president. Previously, he served as interim chief executive officer from 2007 to 2008. Mr. Kneeland joined United Rentals in 1998 as district manager upon the Companys acquisition of Equipment Supply Company. In 1999, his responsibilities were expanded to include multiple districts within United Rentals aerial operations. He was subsequently named vice presidentaerial operations in 2000, and vice presidentsoutheast region in 2001, before being appointed executive vice presidentoperations in 2003. His more than 35 years of management experience in the equipment rental industry includes key positions in sales and operations with private, public and investorowned companies, including Free State Industries, Inc. Mr. Kneeland served as Free States president from 1995 until the company was sold to Equipment Supply Company in 1996. From 1996 to 1998, he served as general manager for Rylan Rents dba Free State Industries, a division of Equipment Supply. At the time it was acquired by United Rentals, Equipment Supply was the largest aerial equipment rental company in North America. Mr. Kneeland has served in a variety of positions in the equipment rental industry for over 35 years, including a number of senior management positions with the Company, as well as Free State Industries, Inc. and Equipment Supply Company. He has extensive experience and knowledge of the competitive environment in which the Company operates. Further, he has demonstrated strategic and operational acumen that the Board believes was of significant value to the Company. since 2019.
Age 67
Tenure 5 years
Address 100 First Stamford Place, Stamford, CT, United States, 06902
Phone203 622 3131
Webhttps://www.unitedrentals.com
Kneeland served as Free State’s president from 1995 until the company was sold to Equipment Supply Company in 1996. From 1996 to 1998 he served as general manager for Rylan Rents d/b/a Free State Industries, a division of Equipment Supply. At the time it was acquired by United Rentals, Equipment Supply was the largest aerial equipment rental company in North America. In 2011, Mr. Kneeland was appointed to serve on the board of directors of YRC Worldwide, Inc., a leading provider of transportation and global logistics services, where he serves as the Chairman of the Compensation Committee. In 2015, he was designated CoChair, Transportation Stakeholder Alliance and was also appointed to the National Advisory Board for the Johns Hopkins Berman Institute of Bioethics.

United Rentals Management Efficiency

The company has Return on Asset of 0.0987 % which means that on every $100 spent on assets, it made $0.0987 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3298 %, implying that it generated $0.3298 on every 100 dollars invested. United Rentals' management efficiency ratios could be used to measure how well United Rentals manages its routine affairs as well as how well it operates its assets and liabilities. As of now, United Rentals' Return On Tangible Assets are increasing as compared to previous years. The United Rentals' current Return On Capital Employed is estimated to increase to 0.18, while Return On Equity is projected to decrease to 0.28. As of now, United Rentals' Intangible Assets are decreasing as compared to previous years. The United Rentals' current Net Tangible Assets is estimated to increase to about 8.5 B, while Other Current Assets are projected to decrease to under 58.9 M.
The company has 12.66 B in debt with debt to equity (D/E) ratio of 1.66, which is OK given its current industry classification. United Rentals has a current ratio of 1.01, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Debt can assist United Rentals until it has trouble settling it off, either with new capital or with free cash flow. So, United Rentals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like United Rentals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for United to invest in growth at high rates of return. When we think about United Rentals' use of debt, we should always consider it together with cash and equity.

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United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut. United Rentals operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 20400 people. United Rentals (URI) is traded on New York Stock Exchange in USA. It is located in 100 First Stamford Place, Stamford, CT, United States, 06902 and employs 26,650 people. United Rentals is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

United Rentals Leadership Team

Elected by the shareholders, the United Rentals' board of directors comprises two types of representatives: United Rentals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of United. The board's role is to monitor United Rentals' management team and ensure that shareholders' interests are well served. United Rentals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, United Rentals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jessica Graziano, Executive Vice President, Chief Financial Officer, Principal Accounting Officer
Gracia Martore, Independent Director
Jonathan Gottsegen, Sr. VP, General Counsel and Corporate Secretary
Terri Kelly, Independent Director
Jeffrey Fenton, Senior Vice President - Business Development
Joseph Pledger, Senior Finance
Marc Bruno, Independent Director
Elizabeth Grenfell, Vice Relations
Brian McAuley, Independent Director
Daniel Higgins, VP Officer
Thomas Jones, Senior Division
Michael Durand, VP Operations
John McKinney, Independent Director
Ted Grace, Vice President of Investor Relations
Jose Alvarez, Independent Director
Dale Asplund, Executive Vice President, Chief Operating Officer
Larry Shon, Independent Director
Craig Pintoff, Executive Vice President - Chief Administrative and Legal Officer
Filippo Passerini, Independent Director
Anthony Leopold, Digital Strategy
Chris Hummel, Senior Vice President Chief Marketing Officer
Andrew Limoges, Vice President Controller and Principal Accounting Officer
Jenne Britell, Independent Chairman of the Board
William Plummer, CFO and Executive VP
William Grace, Vice President - Investor Relations
Robert Halsey, Vice Marketing
Paul McDonnell, Executive Vice President - Sales and Specialty Operations
Kevin Parr, Senior Division
Joli Gross, Corporate VP
Jason Papastavrou, Independent Director
Kenneth Mettel, Senior Analytics
Shiv Singh, Independent Director
Chris Burlog, Senior Division
Fred Bratman, Senior Vice President - Corporate Communications and Investor Relations
Michael Kneeland, CEO and President Director and Member of Strategy Committee
Kim Jones, Independent Director
Matthew Flannery, President, Chief Executive Officer, Director
Singleton McAllister, Independent Director
Jos Alvarez, Independent Director
Donald Roof, Independent Director
Keith Wimbush, Independent Director
Bobby Griffin, Lead Independent Director

United Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is United Rentals a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.
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When running United Rentals' price analysis, check to measure United Rentals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Rentals is operating at the current time. Most of United Rentals' value examination focuses on studying past and present price action to predict the probability of United Rentals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Rentals' price. Additionally, you may evaluate how the addition of United Rentals to your portfolios can decrease your overall portfolio volatility.
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Is United Rentals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Rentals. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Rentals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.243
Dividend Share
6.07
Earnings Share
36.82
Revenue Per Share
213.958
Quarterly Revenue Growth
0.061
The market value of United Rentals is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Rentals' market value can be influenced by many factors that don't directly affect United Rentals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.