Ferguson Enterprises vs United Rentals
Ferguson Enterprises is the larger business, with $30.76bn of revenue in fiscal 2025 against $16.10bn for United Rentals (1.9 times as much). United Rentals grew faster (4.9% against 3.8%). United Rentals kept more of each dollar of sales as profit: a net margin of 15.5% against 6.0%.
| Latest fiscal year | Ferguson EnterprisesFERG, 2025 | United RentalsURI, 2025 |
|---|---|---|
| Revenue | $30.76bn | $16.10bn |
| Revenue growth | 3.8% | 4.9% |
| Net income | $1.86bn | $2.49bn |
| Operating margin | — | 24.7% |
| Net margin | 6.0% | 15.5% |
| Return on equity | 32.4% | 28.4% |
| Free cash flow | $1.60bn | $5.19bn |
| Cash | $674m | $459m |
| Total debt | $4.17bn | $14.30bn |
| Debt to equity | — | 159.5% |
| Dividend per share | $3.28 | $7.16 |
| Dividend yield | 1.4% | 0.7% |
| Share buybacks | $948m | $1.97bn |
| Employees | 35,000 | — |
| Market value | $48.02bn | $72.79bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | — | 86 (Strong) |
| Insider trades, 12 months | 0 buys, 19 sales | 1 buys, 7 sales |