Products & Services · Cost of Revenue

Labor and benefits — Cost of Revenue

United Rentals Labor and benefits — Cost of Revenue increased by 7.6% to $550.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $511.00M to $550.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2025

How to read this metric

An increase relative to revenue may indicate rising labor costs, wage inflation, or decreased operational efficiency in fleet maintenance, while a decrease may suggest improved labor productivity or a shift toward automation.

Detailed definition

This metric represents the direct personnel-related expenses, including wages, salaries, benefits, and payroll taxes, as...

Peer comparison

Peer rental companies typically report this as a component of 'Direct Operating Expenses' or 'Cost of Rental Revenue,' with variations depending on whether field service technicians are classified as direct labor or overhead.

Metric ID: uri_segment_labor_and_benefits_cost_of_revenue

Historical Data

6 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q3 '25
Value$474.00M$474.00M$474.00M$474.00M$511.00M$550.00M
QoQ Change+0.0%+0.0%+0.0%+7.8%+7.6%
YoY Change+7.8%+7.6%
Range$474.00M$550.00M
CAGR+12.6%
Avg YoY Growth+7.7%
Median YoY Growth+7.7%
Current Streak5+ quarters growth

Frequently Asked Questions

What is United Rentals's labor and benefits — cost of revenue?
United Rentals (URI) reported labor and benefits — cost of revenue of $550.00M in Q3 2025.
How has United Rentals's labor and benefits — cost of revenue changed year-over-year?
United Rentals's labor and benefits — cost of revenue increased by 7.6% year-over-year, from $511.00M to $550.00M.
What does labor and benefits — cost of revenue mean?
The total direct cost of employee wages and benefits required to operate and maintain the rental equipment fleet.