Income StatementBalance SheetCash FlowSegments
United Rentals logo

United Rentals Income Statement

Revenue, expenses, and profitability over time

United Rentals generated $16.1B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $2.5B with a 15.49% net margin. Gross margin stands at 38.16% and operating margin at 24.68%. Diluted EPS is $38.68, which declined 0.0% year-over-year. Based on the Q4 2025 filing.

Total Revenue (TTM)$16.1BGross Profit (TTM)$6.1BOperating Income (TTM)$4.0BNet Income (TTM)$2.5BEps Diluted (TTM)$38.68
Latest FilingQ4 2025
Report Date2026-01-28
Market Cap$58.7B
P/E Ratio23.54
ROE27.76%

Revenue

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Revenue Recognized from Contract Liability$0.0———$0.0—
Total revenue$4.0B$4.1B$3.7B$3.9B$4.2B$4.2B

Tax

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Income tax expense$241.0M———$236.0M—

Operating Expenses

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Depreciation and amortization$109.0M———$109.0M—
Restructuring charges$1.0M———$0.0—
Selling, general and administrative$416.0M———$442.0M—
Lease Costs$1.4B———$1.5B—
Depreciation and amortization$629.0M———$684.0M—

Earnings Per Share

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Basic earnings per share$10.73$10.50$7.92$9.59$10.93$10.30
Diluted earnings per share$10.70$10.47$7.91$9.59$10.91$10.27
Dividends Per Share Declared$1.63———$1.79—
Weighted-average shares, basic66M———64.2M—
Weighted-average shares, diluted66.2M———64.3M—

Other Income & Expense

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Interest Income (Expense), Nonoperating-$178.0M———-$178.0M—

Operating Income

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Gross profit$1.6B$1.6B$1.4B$1.5B$1.7B$1.6B
Operating income$1.1B$1.1B$804.0M$1.0B$1.1B$1.1B

Income Before Tax

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Income before income taxes$949.0M———$937.0M—

Net Income

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Net income$708.0M$689.0M$518.0M$622.0M$701.0M$653.0M

Cost of Revenue

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Total cost of revenue$2.3B———$2.6B—

Other

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$763.0M———$672.0M—
Impact to revenue from performance obligations satisfied (or partially satisfied) in previous periods$0.0———$0.0—
Foreign currency translation$55.0M———-$29.0M—
Other comprehensive income/(loss)$55.0M———-$29.0M—
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent$0.0———$0.0—
Other income, net (Note 6)$5.0M———$1.0M—
Proceeds From Insurance Settlement Investing Activities$12.8M$12.8M$12.5M$12.5M$12.5M$12.5M
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent$0.0———$0.0—
Revenue from contracts outside the scope of ASC Topic 606$3.1B———$3.3B—