United Rentals and Herc Both Raise 2026 Outlooks as Rental Demand Surges

Zacks Investment Research··US·Read original
3▲2 ▼0Impact / 5
Summary · why it matters

United Rentals and Herc Holdings both raised their 2026 outlooks as large multiyear projects across infrastructure, data centers, power and manufacturing drove stronger-than-expected equipment rental demand. United Rentals reported second-quarter 2026 total revenues up 12% year over year to $4.4 billion, with rental revenues up nearly 13% to $3.8 billion and adjusted EPS up 22% to $12.76, and now expects full-year total revenues of $17.5 billion to $17.8 billion and adjusted EBITDA of $7.98 billion to $8.13 billion. Herc, which completed its integration of H&E Equipment Services in the first quarter of 2026, saw second-quarter pro forma equipment rental revenues rise 2% and raised its targeted share of the U.S. mega-project rental opportunity to 20% from 15%. At the midpoint, Herc expects 2026 equipment rental revenues of roughly $4.43 billion and adjusted EBITDA of about $2.09 billion, with pro forma rental revenue growth of nearly 5% on roughly flat average fleet investment. United Rentals carries a Zacks Rank #3 (Hold) while Herc holds a Zacks Rank #1 (Strong Buy), though United Rentals retains advantages in scale, free cash flow and lower leverage.

Impact on assets 2

Industrials▲ · 1 stocks
Herc Holdings Inc
HRI
▲ PositiveDemandrelevance

Herc raised its 2026 outlook and lifted its targeted share of the U.S. mega-project rental opportunity to 20% from 15% on surging equipment rental demand.

Artificial Intelligence▲ · 1 stocks
United Rentals Inc
URI
▲ PositiveDemandrelevance

United Rentals raised its 2026 outlook after Q2 revenues rose 12% to $4.4B on stronger-than-expected rental demand from infrastructure, data center, power and manufacturing projects.

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