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.
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.
This metric represents the direct personnel-related expenses, including wages, salaries, benefits, and payroll taxes, as...
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.
uri_segment_labor_and_benefits_cost_of_revenue| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q3 '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% |