- ProScore and United Rentals Announce Workforce Development Collaboration to Advance Apprenticeship Training Nationwide
May 7, 2026
New partnership with United Academy expands access to standardized, portable operator credentials, improving safety, productivity, and workforce mobility across jobsites
AUSTIN, TX / ACCESS Newswire / May 7, 2026 / ProScore today announced a collaborative partnership with United Rentals, United Academy to expand access to equipment operator training and nationally recognized credentials across the construction and energy sectors.
Through ProScore Powered by United Academy, ProScore partners can now access operator training opportunities directly within the ProScore platform, creating a more flexible and scalable approach to workforce development.
This partnership helps to improve consistency in training and the availability of hands-on experience for equipment operators. By integrating United Academy's training programs into the ProScore platform, partners can now offer structured, hands-on training across up to 12 types of equipment. This model creates a pathway for skill development and expanding opportunities for apprentices, journeyworkers, operators, and foremen to broaden their capabilities.
"Workforce development in our industry requires more than access, it requires consistency, credibility, and real-world readiness," said Josh Oglesby, COO of ProScore Technologies. "This partnership allows us to connect our partners to a nationally recognized training network while giving operators the opportunity to build skills that translate across jobsites."
Operators who complete training through United Academy earn portable, industry-recognized credentials that validate their ability to safely operate equipment. These credentials reduce the need for repeated, site-based evaluations, helping minimize downtime and improve operational efficiency.
With United Rentals' extensive national footprint and training network, the partnership also expands access to training locations, enabling operators to complete evaluations closer to where they live and work.
"Providing accessible, high-quality training is essential to building a safer and more capable workforce," said Clinton Riach, Renewable Energy Business Development with United Rentals. "Through this ProScore partnership, we're making it easier for operators to gain the experience and credentials they need to succeed across a wide range of projects."
In addition to improving access, the partnership will help ProScore partners attain some of the following goals:
A more uniformly trained workforce Reduced safety incidents Increased productivity
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By aligning training, credentialing, and workforce data within a single platform, ProScore and United Academy are creating a more connected and efficient model for developing skilled equipment operators at scale.
About ProScore Technologies
ProScore is a workforce solutions company committed to developing labor for the clean energy and construction sectors. Through structured apprenticeship programs and partnerships with industry leaders, ProScore is advancing careers for the next generation of skilled tradespeople. ProScore Technologies powers this mission through a software platform designed to support regulatory compliance, workforce reporting, and operational oversight across the energy and construction industries. The platform enables structured data collection, validation, and reporting across multi-party project environments ensuring clarity, confidence, and control from the jobsite to the boardroom. For more information, visit www.proscore.ai and on LinkedIn.
About United Rentals, United Academy
United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,658 rental locations in North America, 44 in Europe, 46 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company's approximately 27,900 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers a fleet of equipment for rent with a total original cost of $22.59 billion. United Rentals is a member of the Standard & Poor's 500 Index, the Barron's 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Conn. Additional information about United Rentals is available at unitedrentals.com.
Media Contacts: David Breedlove Christina Andrews ProScore United Rentals david.breedlove@proscore.ai candrews@ur.com
SOURCE: ProScore Technologies LLC
View the original press release on ACCESS Newswire
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- United Rentals Highlights Five Practical Ways to Strengthen Jobsite Safety
May 6, 2026
Construction Safety Week underscores opportunity to advance safety culture and performance
STAMFORD, Conn., May 06, 2026--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today outlined five practical, often underutilized, ways contractors can strengthen jobsite safety, improve compliance and protect productivity.
Timed with Construction Safety Week (May 5–9), these actions reflect effective strategies contractors can adopt to reduce risk, safeguard crews and build a stronger safety culture across project phases.
"Safety is a leading driver on a jobsite, from protecting people to keeping projects on schedule," said Teresa Kee, Vice President, Health and Safety, United Rentals. "When contractors take a proactive, systems-based approach to safety, they can reduce risk, improve productivity and strengthen overall project performance. We help customers do that with integrated solutions, expertise and training designed for real jobsite conditions."
Five Ways to Keep Crews Safe
1. Strengthen Access Management As jobsites grow more complex, controlling who and what enters the site is critical. RFID-enabled access management systems streamline worker authentication at entry points and restrict equipment use to authorized personnel, improving both safety and operational control.
2. Prioritize Preventive Maintenance Equipment failures can create avoidable delays. Structured maintenance and inspection programs help identify issues early, reducing the risk of breakdowns and improving overall fleet safety. Keeping equipment operating effectively and efficiently reduces the chance of potential distractions to jobsite safety focus. Partnering with a single provider can simplify these processes and ensure consistency.
3. Stabilize Ground Conditions with Matting Unstable ground increases the risk of slips, trips, falls and equipment instability. Ground protection mats create level, secure surfaces for both workers and heavy equipment, improving traction, reducing damage and supporting safer movement across the jobsite.
4. Designate and Train a Competent Person Trenching and excavation remain among the high-risk activities. OSHA requires a designated competent person to oversee these operations, including soil classification and protective system selection. Ongoing training helps to ensure this role stays aligned with current standards and best practices.
5. Expand Visibility with Remote Monitoring Remote monitoring technologies extend oversight without increasing exposure to risk. Solutions that track temperature, humidity and site conditions help inform decisions around ground thaw, concrete curing and equipment use, while reducing the need for workers to access sites in hazardous conditions.
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Advancing Worksite Safety with United Rentals
United Rentals Worksite Performance Solutions™ integrate technology, access control and real-time insights to help contractors improve safety outcomes and jobsite efficiency. United Academy® provides comprehensive training and certification programs to support safer, more productive worksites.
About United Rentals
United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,658 rental locations in North America, 44 in Europe, 46 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company’s approximately 27,900 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers a fleet of equipment for rent with a total original cost of $22.59 billion. United Rentals is a member of the Standard & Poor’s 500 Index, the Barron’s 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Conn. Additional information about United Rentals is available at unitedrentals.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260506260998/en/
Contacts
Elizabeth Grenfell
Vice President, Investor Relations
O: (203) 618-7125
investors@ur.com
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- United Rentals Highlights Five Practical Ways to Strengthen Jobsite Safety
May 6, 2026 · businesswire.com
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today outlined five practical, often underutilized, ways contractors can strengthen jobsite safety, improve compliance and protect productivity. Timed with Construction Safety Week (May 5–9), these actions reflect effective strategies contractors can adopt to reduce risk, safeguard crews and build a stronger safety culture across project phases. “Safety is a leading driver on a jobs.
- UNITED RENTALS HIGHLIGHTS FIVE PRACTICAL WAYS TO STRENGTHEN JOBSITE SAFETY
May 6, 2026
STAMFORD, CONN.--(BUSINESS WIRE)--UNITED RENTALS, INC. (NYSE: URI), THE WORLD'S LARGEST EQUIPMENT RENTAL COMPANY, TODAY OUTLINED FIVE PRACTICAL, OFTEN UNDERUTILIZED, WAYS CONTRACTORS CAN STRENGTHEN JOBSITE SAFETY, IMPROVE COMPLIANCE AND PROTECT PRODUCTIVITY. TIMED WITH CONSTRUCTION SAFETY WEEK (MAY 5–9), THESE ACTIONS REFLECT EFFECTIVE STRATEGIES CONTRACTORS CAN ADOPT TO REDUCE RISK, SAFEGUARD CREWS AND BUILD A STRONGER SAFETY CULTURE ACROSS PROJECT PHASES. “SAFETY IS A LEADING DRIVER ON A JOBS.
- Is It Too Late To Consider United Rentals (URI) After Its Strong Multi Year Rally?
May 6, 2026
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St.
Investors may be wondering if United Rentals at around US$933.95 is starting to look expensive, or if there is still value on the table for long term investors. The stock has been volatile recently, with a 3% decline over the last 7 days, a 27.6% return over the last 30 days, 10.5% year to date, and 44.6% over the last year. The 3 year and 5 year returns sit at 181.6% and 184.0% respectively. These moves have renewed interest in how the current price lines up against underlying fundamentals and what investors are willing to pay for the stock today. The focus now is on whether recent momentum aligns with the business profile investors see when they look past the headline price. On Simply Wall St's valuation checks, United Rentals records a valuation score of 3 out of 6. Next up is a closer look at the different valuation approaches used to assess the stock and a more comprehensive way to think about value that ties everything together by the end of the article.
United Rentals delivered 44.6% returns over the last year. See how this stacks up to the rest of the Trade Distributors industry.
Approach 1: United Rentals Discounted Cash Flow (DCF) Analysis
A Discounted Cash Flow model projects a company’s future cash flows and then discounts them back to today’s dollars, aiming to estimate what the business might be worth right now based on those projected cash streams.
For United Rentals, the model used is a 2 Stage Free Cash Flow to Equity approach, built on cash flow projections in $. The latest twelve month free cash flow sits at about $2.39b. Analyst and extrapolated estimates suggest free cash flow reaching around $3.19b by 2030, with a series of projected figures between 2026 and 2035 that are then discounted to reflect today’s value.
Putting all of those discounted cash flows together results in an estimated intrinsic value of about $858.07 per share. Compared with the current share price of around $933.95, the model indicates that United Rentals is trading roughly 8.8% above this DCF estimate, which represents a relatively small gap in valuation terms.
Result: ABOUT RIGHT
United Rentals is fairly valued according to our Discounted Cash Flow (DCF), but this can change at a moment's notice. Track the value in your watchlist or portfolio and be alerted on when to act.URI Discounted Cash Flow as at May 2026
Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for United Rentals.
Approach 2: United Rentals Price vs Earnings
For profitable companies, the P/E ratio is a useful yardstick because it links what you pay for each share directly to the earnings that support that share. It lets you see how many dollars investors are currently willing to pay for each dollar of earnings.
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What counts as a “normal” P/E depends on how the market views a company’s growth potential and risk. Higher expected growth or lower perceived risk can justify a higher P/E, while slower growth or higher risk typically supports a lower one.
United Rentals currently trades on a P/E of about 23.34x. This sits below the Trade Distributors industry average of roughly 25.30x and also below the peer group average of about 27.36x. Simply Wall St’s Fair Ratio framework estimates what P/E might be appropriate given the company’s earnings growth profile, industry, profit margin, market cap and risk factors, rather than relying only on broad peer or industry comparisons.
For United Rentals, the Fair Ratio is 37.33x, which is higher than the current 23.34x P/E. On this basis, the stock appears to be trading below the level implied by the Fair Ratio.
Result: UNDERVALUEDNYSE:URI P/E Ratio as at May 2026
P/E ratios tell one story, but what if the real opportunity lies elsewhere? Start investing in legacies, not executives. Discover our 19 top founder-led companies.
Upgrade Your Decision Making: Choose your United Rentals Narrative
Earlier it was mentioned that there is an even better way to understand valuation. Narratives on Simply Wall St let you attach a clear story to the numbers by linking your view on United Rentals revenue, earnings and margins to a forecast and a Fair Value that you can then compare with the current share price. Each Narrative lives on the Community page, updates automatically when fresh news or earnings arrive, and can reflect very different viewpoints. For example, one investor might align with a bullish Fair Value near US$1,300.54, another with a more cautious Fair Value around US$644.17, and a third with the analyst consensus Fair Value of about US$1,071.62. This gives you a simple, visual way to see where your own expectations sit and how that translates into whether the stock looks expensive, cheap, or roughly in line with your assumptions.
For United Rentals however we'll make it really easy for you with previews of two leading United Rentals Narratives:
🐂 United Rentals Bull Case
Fair Value: US$1,071.62 per share
Implied discount to this Fair Value at the last close of US$933.95: about 12.8%
Revenue growth used in this Narrative: 8.0% a year
Analysts in this camp expect revenue to compound at around 8.0% a year, with margins stepping up as the Specialty segment becomes a larger share of the mix. They also build in ongoing share repurchases, a discount rate of 8.6% and a future P/E of 21.5x to arrive at a Fair Value near US$1,071.62. The thesis leans on healthy project demand, used equipment sales and cross selling to support earnings, while keeping an eye on CapEx intensity and project concentration as key risks.
🐻 United Rentals Bear Case
Fair Value: US$644.17 per share
Implied premium to this Fair Value at the last close of US$933.95: about 45.1%
Revenue growth used in this Narrative: 5.5% a year
The more cautious view assumes revenue grows at about 5.5% a year with a smaller margin uplift to roughly 16.3%, and a lower future P/E of 15.4x. This group focuses on pressure from lower margin ancillary revenue, higher regulatory and fleet costs, and the ongoing use of debt and acquisitions. Under these assumptions, a Fair Value of about US$644.17 is used, which is well below the recent share price, and investors are asked to test whether these more conservative earnings and multiple assumptions fit their own view of the stock.
These two Narratives frame the current price against very different assumptions, so the key step now is deciding which set of expectations is closer to how you see United Rentals over the next few years, or whether your own view sits somewhere in between. To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for United Rentals on Simply Wall St. Add the company to your watchlist or portfolio so you'll be alerted when the story evolves.
Do you think there's more to the story for United Rentals? Head over to our Community to see what others are saying!NYSE:URI 1-Year Stock Price Chart
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include URI.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- United Rentals Is Executing Flawlessly, but Rich Valuation Puts the Spotlight on What Comes Next
May 5, 2026 · fool.com
United Rentals delivers strong cash flow and growth, but investors must weigh a richer valuation.
- Got $10,000? United Rentals Could Turn the Next Decade of Construction and Energy Projects Into Serious Wealth
May 4, 2026
Key Points
United Rentals is a giant rental provider of all kinds of equipment. It will likely grow due to the expansion of data centers. International growth could fuel it further.10 stocks we like better than United Rentals ›
Most people probably don't know much about United Rentals(NYSE: URI), but it's worth getting to know more about, as it might make you considerably more wealthy. It's not a well-known high-tech stock. Instead, it's the world's largest equipment rental company, with around 1,500 locations worldwide and roughly 4,800 classes of equipment available to rent -- such as forklifts, excavators, storage containers, porta potties, generators, hand tools, and trucks.
Before you start dozing off, know this: Its stock has averaged annual gains of 26% over the past 15 years and 31% over the past decade. Could its shares soar for you, too? What if you invested, say, $10,000 in United Rentals? Let's see.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
Why invest in United Rentals?
Here are a few reasons to consider United Rentals for your long-term portfolio.
It sports a powerful growth catalyst in data centers, which are proliferating across America (and elsewhere) and which are needed for artificial intelligence (AI) equipment and processing. As a Motley Fool research report on AI spending has noted, technology companies spent $1 trillion on data center construction in 2025 -- and that sum is expected to jump to $4 trillion by 2030.
It's mostly based in the U.S., and may replicate its model and success internationally, which gives it a lot of room for further growth.
The stock seems reasonably valued to somewhat overvalued at current levels, with a recent price-to-earnings (P/E) ratio of 24.5 and a price-to-sales ratio of 3.75. Those numbers do seem a bit on the steep side, but the company is growing at a good clip, which can justify higher valuations. Its first-quarter revenue rose 7% year over year, with rental revenue rising 8.7% and adjusted earnings per share up 10%.
CEO Matt Flannery has said: "I am confident the combination of our resilient business model, prudent capital allocation, and balance sheet strength will allow us to continue to drive profitable growth, generate strong free cash flow, and deliver compelling returns to our investors."
How could $10,000 grow in United Rentals?
So how might you amass "serious wealth" via an investment in United Rentals? Well, let's use a single $10,000 investment, and let's assume that it grows at 16% annually. (We can't assume that it will maintain those past annual growth rates of 26% or 31%, after all, and it's possible that 16% will be too high -- or too low.)
That single investment would grow to $44,114 over 10 years, to $194,608 over 20 years, and to $858,499 over 30 years. What if you invested $10,000 per year, though? Then you'd end up with $247,329 after 10 years, $1.3 million after 20 years, and $6.2 million after 30 years.
There's no guarantee of any of this, of course, and the data center boom may not last for 10, 20, or 30 years. Still, United Rentals does seem capable of delivering meaningful growth as part of a diversified long-term stock portfolio.
Should you buy stock in United Rentals right now?
Before you buy stock in United Rentals, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and United Rentals wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $496,473!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,216,605!*
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Selena Maranjian has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
- Got $10,000? United Rentals Could Turn the Next Decade of Construction and Energy Projects Into Serious Wealth
May 4, 2026 · fool.com
Long-term investors could cash in if trends persist.
- PWR Q1 Earnings Top Estimates on Strong Execution, 2026 View Raised
Apr 30, 2026
Quanta Services, Inc. PWR reported a strong first-quarter 2026 performance, driven by solid execution across both of its operating segments. Management said revenue growth and margin performance exceeded its expectations across the business, supported by the company’s solutions-based model and “execution certainty” from its craft-skilled workforce, sending shares up nearly 9.5% in pre-market trading following the announcement.
More on Quanta’s Q1 Earnings & Revenues
Quanta reported adjusted earnings of $2.68 per share, up 50.6% from $1.78 in the year-ago quarter and ahead of the Zacks Consensus Estimate of $2.04 by 31.4%. Revenues increased 26.3% year over year to $7.87 billion and topped the consensus mark of $6.99 billion by 12.6%. Remaining performance obligations or RPOs were $26.2 billion, reinforcing visibility as Quanta entered the rest of 2026.
Quanta Services, Inc. Price, Consensus and EPS SurpriseQuanta Services, Inc. Price, Consensus and EPS Surprise
Quanta Services, Inc. price-consensus-eps-surprise-chart | Quanta Services, Inc. Quote
PWR Segment Results Point to Broad Execution
Electric Infrastructure Solutions (which accounted for 82.1% of consolidated sales) remained the primary growth driver in the quarter. Segment revenues rose 30.8% year over year to $6.47 billion from $4.94 billion. Profitability improved as volume scaled. Electric segment operating income climbed 37.5% to $561.1 million from $408.2 million, while operating margin expanded to 8.7% from 8.3%.
Underground Utility and Infrastructure Solutions (17.9% of total sales) also delivered solid year-over-year progress. Segment revenues increased 9.1% to $1.41 billion from $1.29 billion. Earnings growth was notable. Segment operating income rose 37.4% to $105.6 million from $76.9 million, driving operating margin to 7.5% compared with 6.0% a year earlier.
Quanta Margins Improve Alongside Revenue Growth
Scale benefits showed up clearly in consolidated profitability. Gross profit increased to $1.11 billion from $834.0 million in the year-ago quarter. Gross margin expanded to 14.1% from 13.4%, reflecting improved profitability on higher revenue volume.
Operating income rose to $338.8 million from $239.1 million, with operating margin improving to 4.3% from 3.8%. Corporate and non-allocated costs were $327.9 million compared with $246.0 million a year ago, and the quarter included higher amortization of intangible assets and non-cash stock-based compensation within those costs.
Adjusted EBITDA increased to $686.4 million in the first quarter of 2026 from $503.9 million in the prior-year period, reflecting stronger earnings power alongside higher revenue.
Adjusted net income attributable to common stock totaled $407.6 million compared with $268.6 million a year ago. The quarter’s adjustments included acquisition and integration costs, an increase in the fair value of contingent consideration liabilities, equity in losses (earnings) of non-integral unconsolidated affiliates and a change in fair value of non-marketable equity security investments, along with non-cash stock-based compensation and amortization of intangible assets.
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PWR Backlog Levels Underscore Demand
Work visibility remained a key feature of the quarter. Total backlog was $48.5 billion at March 31, 2026, reflecting continued demand across Quanta’s end markets.
Timing also mattered. Total backlog expected to be realized within 12 months was $28.23 billion, with Electric representing $23.89 billion of that amount and Underground and Infrastructure contributing $4.34 billion. That near-term profile supports execution momentum through the remainder of 2026.
PWR Balance Sheet Shows Working Capital Intensity
Quarter-end cash and cash equivalents were $364.8 million compared with $439.5 million at 2025-end.
On the liability side, current maturities of long-term debt were $689.7 million and long-term debt, net of current maturities, was $5.20 billion. Contract liabilities increased to $3.84 billion, and total liabilities were $16.60 billion, illustrating the working-capital demands that can accompany Quanta’s higher activity level.
Quanta Cash Flow Expands Despite Higher Investment
Net cash provided by operating activities was $391.7 million in the first quarter, up from $243.2 million in the year-ago quarter. Capital expenditures were $220.1 million, partly offset by $12.8 million of proceeds from the sale of property and equipment and related insurance settlements.
Free cash flow was $184.4 million, up from $117.8 million a year earlier. The quarter showed improved cash conversion even as Quanta continued investing to support large-scale infrastructure activity.
Quanta Raises 2026 Outlook After Strong Start
Following the quarter’s outperformance and improved visibility, management raised full-year 2026 expectations. Quanta now forecasts consolidated revenues of $34.7-$35.2 billion (compared with the prior expectations of $33.25 billion-$33.75 billion and the Zacks Consensus Estimate of $33.37 billion) and adjusted EPS of $13.55-$14.25 (compared with the earlier projection of $12.65–$13.35 and the consensus mark of $13.11).
Adjusted EBITDA is projected to be in the range of $3.49-$3.65 billion, up from the earlier expectation of $3.34–$3.50 billion.
On a segment basis, Electric Infrastructure Solutions is expected to generate $28.2-$28.5 billion of revenue with an operating income margin of 10.1%-10.5%, while Underground Utility and Infrastructure Solutions is projected to deliver $6.50-$6.70 billion of revenue with an operating margin of about 8.25%-8.5%. Quanta also reaffirmed free cash flow expectations of $1.55-$2.05 billion for 2026.
PWR’s Zacks Rank
Quanta currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Some Recent Construction Releases
Comfort Systems USA, Inc. FIX delivered a sharp first quarter of 2026, with earnings and revenues topping the Zacks Consensus Estimate and increasing year over year. The quarter reflected strong market conditions, led by heavier technology-sector activity, particularly for data centers.
Comfort Systems also highlighted that recent bookings and underlying persistent demand supported a higher backlog even with increased project burn rates, an important indicator that volume remains strong across key end markets. Backlog as of March 31, 2026, totaled $12.45 billion, increasing 4.3% from $11.94 billion at Dec. 31, 2025, and jumping 80.8% from $6.89 billion reported a year ago.
United Rentals, Inc. URI reported solid first-quarter 2026 results, with adjusted earnings per share (EPS) and total revenues beating the Zacks Consensus Estimate and growing year over year. Solid execution across its general rentals and specialty businesses helped drive record first-quarter results, while fleet productivity increased 2.3% from the year-ago period.
Management raised full-year fiscal 2026 targets, lifting expectations across several major line items compared with the prior outlook. United Rentals now expects revenues between $16.9 billion and $17.4 billion, with adjusted EBITDA expected between $7.625 billion and $7.875 billion.
Masco Corporation MAS reported exceptional first-quarter 2026 financial performance with earnings and net sales beating the Zacks Consensus Estimate and growing year over year. Masco’s performance benefited from pricing actions and cost-savings initiatives, which helped offset higher tariff and commodity costs.
Masco continues to expect EPS in the range of $3.91-$4.11 and adjusted EPS in the band of $4.10-$4.30. Management framed the decision as a prudent stance, given ongoing macroeconomic and geopolitical volatility.
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- Martin Marietta Q1 Earnings Miss Estimates, Revenues Beat, Stock Up
Apr 30, 2026
Martin Marietta Materials, Inc. MLM reported lower-than-expected results for the first quarter of 2026. The quarterly earnings (from continuing operations) missed the Zacks Consensus Estimate, while revenues beat the same, with the top line growing on a year-over-year basis but the bottom line declining.
Following the results, MLM stock moved up 1.2% during today’s pre-market trading session.
The company’s performance was supported by strong infrastructure demand and an early start to the construction season, driving higher aggregates shipments. However, elevated costs, acquisition-related charges and margin pressures weighed on profitability.
The Aggregates business remained the key growth driver during the quarter, benefiting from increased shipments and contributions from recent acquisitions.
However, higher input costs, freight expenses and inventory-related charges hurt margins, limiting earnings growth. Nonetheless, Martin Marietta remains well-positioned with its aggregates-led platform and execution of the SOAR 2030 initiatives for long-term growth.
Inside MLM’s Q1 Results
The company reported earnings per share (EPS) from continuing operations of $1.31, which missed the Zacks Consensus Estimate of $1.76 by 25.6%. The metric also declined 22.9% from the year-ago quarter’s EPS of $1.70.
Revenues of $1.36 billion beat the consensus mark of $1.30 billion by 4.6% and increased 17% from the year-ago figure of $1.16 billion.
Martin Marietta Materials, Inc. Price, Consensus and EPS SurpriseMartin Marietta Materials, Inc. Price, Consensus and EPS Surprise
Martin Marietta Materials, Inc. price-consensus-eps-surprise-chart | Martin Marietta Materials, Inc. Quote
Consolidated gross margin contracted 440 basis points (bps) year over year to 22.8% from 27.1% in the prior-year quarter.
Adjusted EBITDA from continuing operations was $364 million, up 14% year over year, with adjusted EBITDA margin contracting 70 bps to 26.7%. Adjusted earnings per share increased 14% to $1.93.
Martin Marietta’s Segmental Discussion
Building Materials reported revenues of $1.22 billion, which grew 13.4% year over year. The segment’s gross margin contracted 370 bps year over year to 22.3% from 25.9% in the prior-year quarter.
Within the Building Materials umbrella, revenues from the Aggregates business grew 14% to $1.14 billion from the year-ago quarter. Aggregates shipments moved up 12.4% year over year to 43.9 million tons, while the average selling price per ton remained flat at $23.70. Aggregates’ gross profit declined 3% to $288 million, with gross margin contracting 440 bps to 25.2% from 29.6% a year ago.
Revenues from Other Building Materials declined 5% year over year to $116 million. The segment reported a gross loss of $16 million compared with a loss of $19 million a year ago, reflecting seasonal shutdown impacts.
Specialties reported revenues of $143 million, up 64.4% from $87 million a year ago. The gross margin expanded 300 bps to 31.5% from 28.5% a year ago, supported by pricing gains and contributions from prior acquisitions.
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MLM’s Financial Position
As of March 31, 2026, Martin Marietta had cash and cash equivalents of $273 million compared with $67 million at 2025-end. The company had $1.2 billion of unused borrowing capacity on its existing credit facilities. Long-term debt (excluding current maturities) was $5.29 billion, at par with the prior period.
Net cash provided by operating activities was $227 million for the quarter, up from $218 million in the year-ago period.
During the quarter, MLM returned $251 million to its shareholders through dividend payments and share repurchases.
Martin Marietta’s Portfolio Optimization Move
Martin Marietta continued to advance its portfolio optimization initiatives during the quarter. On Feb. 23, 2026, the company completed its asset exchange with QUIKRETE, acquiring aggregates operations producing approximately 20 million tons annually along with $450 million in cash.
Additionally, on April 19, 2026, the company entered into a definitive agreement to acquire New Frontier Materials, a complementary aggregates-led business expected to enhance its long-term growth profile.
MLM Reaffirms 2026 Guidance
The guidance provided is for continuing operations and includes contributions from the QUIKRETE transaction.
Martin Marietta expects total revenues between $7.0 billion and $7.32 billion ($7.16 billion at midpoint). Adjusted EBITDA is projected to be between $2.36 billion and $2.50 billion ($2.43 billion at midpoint).
Net earnings from continuing operations are anticipated to be between $1.06 billion and $1.17 billion ($1.12 billion at midpoint), up from previous expectations, indicating strong underlying demand and contributions from recent portfolio actions.
Aggregate shipment is expected to grow between 11% and 13%, with organic growth between 1% and 3%. Aggregate pricing per ton is anticipated to rise between 1.5% and 3.5%, while organic pricing is expected to increase between 4% and 6%.
Capital expenditures are now anticipated to be in the range of $550-$600 million.
MLM’s Zacks Rank & Recent Construction Releases
Martin Marietta currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
United Rentals, Inc. URI reported solid first-quarter 2026 results, with adjusted EPS and total revenues beating the Zacks Consensus Estimate and growing year over year. Solid execution across its general rentals and specialty businesses helped drive record first-quarter results, while fleet productivity increased 2.3% from the year-ago period.
Management raised full-year 2026 targets, lifting expectations across several major line items compared with the prior outlook. United Rentals now expects revenues between $16.9 billion and $17.4 billion, with adjusted EBITDA expected between $7.625 billion and $7.875 billion.
Masco Corporation MAS reported exceptional first-quarter 2026 financial performance with earnings and net sales beating the Zacks Consensus Estimate and growing year over year. The company’s performance benefited from pricing actions and cost-savings initiatives, which helped offset higher tariff and commodity costs.
Masco continues to expect EPS in the range of $3.91-$4.11 and adjusted EPS in the band of $4.10-$4.30. Management framed the decision as a prudent stance, given ongoing macroeconomic and geopolitical volatility.
D.R. Horton DHI delivered second-quarter fiscal 2026 results with earnings beating the Zacks Consensus Estimate but revenues missing the same. The quarter was marked by an 11% jump in net sales orders and progress in tightening finished inventory, even as affordability constraints kept incentives elevated.
D.R. Horton updated fiscal 2026 consolidated revenue guidance to $33.5-$34.5 billion compared with the prior expectation of $33.5-$35 billion. This compares with $34.25 billion in fiscal 2025. It now expects homebuilding closings of 86,000-87,500 compared with the earlier guidance of 86,000-88,000. This compares with 84,863 in fiscal 2025.
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