United rentals announces fourth quarter 2020 results

Stamford, conn.--(business wire)--united rentals, inc. (nyse: uri) today announced financial results for the fourth quarter 2020 and reported its full year results on form 10-k1. fourth quarter 2020 highlights total revenue of $2.279 billion, including rental revenue2 of $1.854 billion. fleet productivity3 decreased 3.8% year-over-year, mainly due to lower rental volumes; fleet productivity improved 420 basis points sequentially, primarily due to better fleet absorption. net income of $297 mill
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