United Rentals has been added to the S&P 500 Index, widely recognized as the leading gauge of large-cap U.S. equity market performance. First published in 1957, the listing is a market-value weighted index consisting of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. United Rentals has been added as a constituent to the S&P 500 GICS (Global Industry Classification Standard) Trading Companies & Distributors Sub-Industry Index.
“Our inclusion in the S&P 500 is a testament to the strength of our growth strategy, the hard work of our employees, and the loyalty of our customers,” said Michael Kneeland, United Rentals CEO. “We are proud that our commitment to value creation has placed us among some of the most respected companies in the world on the S&P 500."
Based in Stamford, Conn., United Rentals is the largest equipment rental company in the world, No. 1 on the RER 100, with 876 rental locations in 49 states and 10 Canadian provinces.