Discontinued — last reported Q4 '24

Other Income & Expense

Sublease Income

United Rentals Sublease Income increased by 45.2% to $61.00M in Q3 2021 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2024

How to read this metric

Higher sublease income indicates effective asset utilization and successful monetization of surplus real estate.

Detailed definition

This metric captures the revenue generated by leasing out excess office space or assets to third parties. It serves as a...

Peer comparison

Commonly found in the 'other income' or 'occupancy' sections of large corporate financial statements.

Metric ID: is_ibm_sublease_income

Historical Data

2 periods
 Q2 '21Q3 '21
Value$42.00M$61.00M
QoQ Change+45.2%
Range$42.00M$61.00M

Product Breakdown

View all
SegmentQ1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24
Rerent Revenue$49.00M$55.00M$72.00M$58.25M$58.25M$58.25M$58.25M$71.00M
Total

Frequently Asked Questions

What is United Rentals's sublease income?
United Rentals (URI) reported sublease income of $61.00M in Q3 2021.
What does sublease income mean?
Income earned by renting out unused space or assets to other companies.