With all that debt we need some revenue momentum. That is a scary amount of debt and a lot of it is floating. I was not all that crazy about report. Think the stock will go lower as it has also had a big run for almost no reason. Waiting it out for now.
Sorry, but it's a rental company. All that debt is figured into leasing rates. And there's been no indication--none--of an inability to manage that debt. If there were, income would have been lighter. No one has questioned the income report. As long as the economy expands, URI will do just fine (and revs will increase), and that debt will get paid off part and parcel of the business. Also, for all the significance of the float, the reality is that interest rates aren't going anywhere anytime soon. There's nary a whiff of inflation. With all the money sloshing around, there should have been some by now, but the reality is that there's lots of unused capacity in the economy.
URI's debt isn't a problem, which is one reason why the stock is higher now than it was before the report.