United Rentals Financial Statements
NYSE: URIConsumer DiscretionaryDiversified Commercial ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 1,056.37 -0.08%
United Rentals revenue and earnings
In fiscal 2025, United Rentals generated $16.10 billion in revenue, up 4.9% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $2.49 billion (-3.1% year over year), for a net margin of 15.5% versus a median of 16.8% in the prior 5 years. Gross margin was 38.2% (down from 40.1%) and operating margin 24.7%.
Diluted earnings per share came in at $38.61, down from $38.69. Over the last 5 fiscal years, URI's revenue has grown at a 13.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
United Rentals income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.10B | 15.35B | 14.33B | 11.64B | 9.72B | 8.53B | 9.35B | 8.05B | 6.64B | 5.76B |
| Revenue growth (YoY) | +4.91% | +7.07% | +23.11% | +19.82% | +13.90% | -8.78% | +16.20% | +21.17% | +15.26% | -0.95% |
| Cost of Revenue | 9.96B | 9.20B | 8.52B | 6.65B | 5.86B | 5.35B | 5.68B | 4.68B | 3.87B | 3.36B |
| Gross Profit | 6.14B | 6.15B | 5.81B | 5.00B | 3.85B | 3.18B | 3.67B | 3.36B | 2.77B | 2.40B |
| Operating Expenses | 2.17B | 2.08B | 1.99B | 1.76B | 1.58B | 1.38B | 1.52B | 1.41B | 1.26B | 988.00M |
| Selling, General & Admin | 1.73B | 1.65B | 1.53B | 1.40B | 1.20B | 979.00M | 1.09B | 1.04B | 903.00M | 719.00M |
| Operating Income | 3.97B | 4.07B | 3.83B | 3.23B | 2.28B | 1.80B | 2.15B | 1.95B | 1.51B | 1.42B |
| Other Income (Expense) | 81.00M | 14.00M | 19.00M | 15.00M | -7.00M | 8.00M | 10.00M | 6.00M | 5.00M | 5.00M |
| Pretax Income | 3.34B | 3.39B | 3.21B | 2.80B | 1.85B | 1.14B | 1.51B | 1.48B | 1.05B | 909.00M |
| Income Tax | 844.00M | 813.00M | 787.00M | 697.00M | 460.00M | 249.00M | 340.00M | 380.00M | -298.00M | 343.00M |
| Net Income | 2.49B | 2.58B | 2.42B | 2.10B | 1.39B | 890.00M | 1.17B | 1.10B | 1.35B | 566.00M |
| Net Income growth (YoY) | -3.15% | +6.23% | +15.15% | +51.88% | +55.73% | -24.19% | +7.12% | -18.57% | +137.81% | -3.25% |
| EPS (Basic) | 38.71 | 38.82 | 35.40 | 29.77 | 19.14 | 12.24 | 15.18 | 13.26 | 15.91 | 6.49 |
| EPS (Diluted) | 38.61 | 38.69 | 35.28 | 29.65 | 19.04 | 12.20 | 15.11 | 13.12 | 15.73 | 6.45 |
| Shares Outstanding (Basic) | 64.44M | 66.34M | 68.47M | 70.70M | 72.43M | 72.66M | 77.34M | 82.65M | 84.60M | 87.22M |
| Shares Outstanding (Diluted) | 64.60M | 66.57M | 68.71M | 70.97M | 72.82M | 72.93M | 77.71M | 83.53M | 85.56M | 87.78M |
| EBITDA | 4.41B | 4.50B | 4.26B | 3.60B | 2.65B | 2.19B | 2.56B | 2.26B | 1.77B | 2.66B |
| Gross Margin | 38.16% | 40.08% | 40.56% | 42.91% | 39.66% | 37.32% | 39.25% | 41.80% | 41.70% | 41.70% |
| Operating Margin | 24.68% | 26.49% | 26.70% | 27.76% | 23.44% | 21.10% | 23.01% | 24.25% | 22.69% | 24.56% |
| Net Margin | 15.49% | 16.78% | 16.91% | 18.08% | 14.27% | 10.43% | 12.55% | 13.62% | 20.27% | 9.82% |
This table shows 10 annual periods of United Rentals's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow URI's reporting calendar. What is a income statement?