United Rentals, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total revenues were $1,523 million against $1,564 million for the same period a year ago. Operating income was $397 million against $426 million for the same period a year ago. Income before provision for income taxes was $292 million against $311 million for the same period a year ago. Net income was $169 million against $194 million for the same period a year ago. Net cash provided by operating activities was $438 million against $335 million for the same period a year ago. Net income available to common stockholders was $169 million or $1.81 diluted earnings per share against $194 million or $1.88 diluted earnings per share for the same period a year ago. Adjusted earnings per share was $2.19 against $2.19 for the same period a year ago. EBITDA was $717 million $742 million for the same period a year ago. Adjusted EBITDA was $744 million $775 million for the same period a year ago. Free cash flow was $411 million against $245 million for the same period a year ago. Purchases of rental equipment was $109 million against $217 million for the same period a year ago. Purchases of non-rental equipment was $26 million against $36 million for the same period a year ago.

For the full year, the company reported total revenues were $5,817 million $5,685 million for the same period a year ago. Operating income was $1,518 million against $1,391 million for the same period a year ago. Income before provision for income taxes was $963 million against $850 million for the same period a year ago. Net income was $585 million against $540 million for the same period a year ago. Net cash provided by operating activities was $1,995 million against $1,801 million for the same period a year ago. Net income available to common stockholders was $585 million or $6.07 diluted earnings per share against $540 million or $5.15 diluted earnings per share for the same period a year ago. Adjusted earnings per share was $8.02 against $6.91 for the same period a year ago. EBITDA was $2,774 million against $2,599 million for the same period a year ago. Adjusted EBITDA was $2,832 against $2,718 million for the same period a year ago. Total rental and non-rental capital expenditures was $1.636 billion. Free cash flow came in at $919 million after CapEx.

The company provided earnings guidance for the full year of 2016. For the year, the company expects total revenue to be in the range of $5.65 billion to $5.95 billion, Adjusted EBITDA is to be in the range of $2.7 billion to $2.9 billion Net rental capital expenditures after gross purchases of approximately $1.2 billion, free cash flow is to be in the range of $900 million to $1.0 billion.