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. In the quarter to June 2026, revenue grew 11.8%, EPS grew 25.4%, free cash flow fell 21.2% and total debt rose 6.31%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five; insiders bought in the last twelve months.

1,029.64 17.94 −1.71%
Market cap
$65.2B
P/E
24.7×
Fwd P/E
24.4×
Dividend yield
0.75%
F-score
5/9
Altman Z
3.21
Beneish M
−2.84
Dividend safety
80/100

United Rentals, Inc. (URI) Operating margin

Alert me on Operating margin

United Rentals, Inc.'s operating margin over the twelve months to 30 June 2026 was 24.8%, up 0.1 percentage points from fiscal 2025 (24.7%). Over the past ten years it has ranged from 21.1% (fiscal 2020) to 27.8% (fiscal 2022); the current reading is higher than 64% of that period. That is above the Rental & Leasing Services industry median of 8.49% and above the Industrials sector median of 5.13%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 24.7% (1.81)
FY2024 26.5% (0.21)
FY2023 26.7% (1.06)
FY2022 27.8% 4.32
FY2021 23.4% 2.34
FY2020 21.1% (1.91)
FY2019 23.0% (1.24)
FY2018 24.3% 1.56
FY2017 22.7% (1.87)
FY2016 24.6% (1.54)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 25.8% 3.99
Mar 2026 21.8% (3.19)
Dec 2025 25.0% (1.34)
Sep 2025 26.3% 0.90
42 more quarters

Against its own ten years

Low 21.1% High 27.8%
Ten-year median 24.6%
Current reading's percentile 62

Operating margin against peers

Company Operating margin
AER Aercap Holdings N.V. compare 61.9%
EQPT EquipmentShare.com Inc. compare 33.6%
GATX GATX Corporation compare 29.1%
URI United Rentals, Inc. 24.8%
HRI Herc Holdings Inc. compare 13.1%
CAR Avis Budget Group, Inc. compare 8.49%
R Ryder System, Inc. compare 7.82%
UHAL U-Haul Holding Company compare 6.99%
WSC WillScot Holdings Corporation compare 6.51%
Rental & Leasing Services industry median 8.49%
Industrials sector median 5.13%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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