United Rentals, Inc.

URI Industrials Rental & Leasing Services

United Rentals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.1 billion, up 4.91% from fiscal 2024.

Revenue
+15.7%
EPS
+35.4%
Free cash flow
+1,473.7%
Total debt
+3.70%

Quarter to September 2026, against a year earlier

1,055.77 11.99 +1.15%
Market cap
$64.6B
P/E
23.1×
Fwd P/E
24.2×
Dividend yield
0.73%
F-score
5/9
Altman Z
3.21
Beneish M
−2.84
Dividend safety
80/100

United Rentals, Inc. (URI) Gross margin

Alert me on Gross margin

United Rentals, Inc.'s gross margin over the twelve months to 30 September 2026 was 39.1%, up 0.9 percentage points from fiscal 2025 (38.2%). Over the past ten years it has ranged from 37.3% (fiscal 2020) to 42.9% (fiscal 2022); the current reading is higher than 18% of that period. That is below the Rental & Leasing Services industry median of 48.5% and above the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 38.2% (1.92)
FY2024 40.1% (0.48)
FY2023 40.6% (2.35)
FY2022 42.9% 3.25
FY2021 39.7% 2.34
FY2020 37.3% (1.93)
FY2019 39.3% (2.55)
FY2018 41.8% 0.10
FY2017 41.7% 0.00
FY2016 41.7% (0.93)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 41.8% 2.54
Jun 2026 39.3% 2.41
Mar 2026 36.9% (0.93)
Dec 2025 37.8% (1.58)
43 more quarters

Against its own ten years

Low 37.3% High 42.9%
Ten-year median 40.6%
Current reading's percentile 28

Gross margin against peers

Company Gross margin
AER Aercap Holdings N.V. compare 100.0%
GATX GATX Corporation compare 74.2%
HRI Herc Holdings Inc. compare 52.6%
EQPT EquipmentShare.com Inc. compare 49.7%
CAR Avis Budget Group, Inc. compare 48.1%
URI United Rentals, Inc. 39.1%
SUNB Sunbelt Rentals Holdings, Inc. compare 39.1%
R Ryder System, Inc. compare 19.6%
UHAL U-Haul Holding Company compare 0.00%
Rental & Leasing Services industry median 48.5%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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