Ryder System Inc vs United Rentals Inc

Ryder System Inc (R) is fairly valued and United Rentals Inc (URI) is slightly overvalued.

Both trade above our estimate of their intrinsic value. R is the closer of the two: -5%, against -19% for URI.

Values as of the 22 Sept 2026 close.

Ryder System Inc (R)

Discounting its cash flows at 7.8% (average of 3 methods) values the shares at $225.56; the price of $236.50 is 5% above that value, and 80% of that value comes from beyond year five.

Leak Score 14/100 on 3 of 12 signals

United Rentals Inc (URI)

Discounting its cash flows at 11.6% (average of 3 methods) values the shares at $879.95; the price of $1043.04 is 19% above that value, and 68% of that value comes from beyond year five.

Leak Score 58/100 on 10 of 12 signals

MetricRURI
VerdictFairly valuedSlightly overvalued
Price$236.50$1043.04
Intrinsic value$225.56$879.95
Margin of safety-5%-19%
Leak Score14/100 (3/12)58/100 (10/12)
Market cap$9.1B$64.9B
Revenue growth, 5 years8.5%13.6%
Operating margin8.2%25.2%
Net margin3.8%15.7%
Return on equity16.6%28.9%
Debt to equity2.941.67
P/E19.4x25.1x
Forward P/E13.3x18.2x
P/B3.1x7.0x
Dividend yield1.5%0.8%

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