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United Rentals URI All other rental expenses — Cost of Revenue

Other product segments

Labor and benefits
$583M+7.4%
Repairs and maintenance
$287M+7.1%
Delivery
$276M+11.7%
Sales of rental equipment
$176M+2.9%
Sales of new equipment
$68M+11.5%
Service and other revenues
$56M0.0%
Contractor supplies sales
$30M+7.1%

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TITNRental and Other — Cost of Revenue
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$5.43M—
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NOVRental — Cost Of Revenue
$149.25M+7.0%
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TUSKRentals — Cost of revenue
$8.06M+468%
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EQPTEquipment Rental and Service Operations — Cost of Revenue
$216M+30.9%

Other financials

Income statement

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Revenue$4.4B+11.8%
Gross profit$1.7B+13.0%
Operating income$1.1B+13.5%
Net income$753.0M+21.1%
EPS (diluted)$12.03+25.4%

Balance sheet

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Cash & equivalents$112.0M-79.6%
Total debt$17.3B+7.7%
Total equity$9.2B+2.1%
Total assets$31.3B+7.2%

Cash flow

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Operating cash flow$1.8B+34.9%
CapEx$1.4B+22.7%
Free cash flow-$168.0M-200%

Valuation

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Market cap$71.06B+22.8%
Enterprise value$88.23B+20.2%
P/E26.9×+4.1×
P/S4.2×+0.5×

Profitability

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Gross margin38.4%-0.9pp
Operating margin24.8%-0.7pp
Net margin15.7%-0.4pp
FCF margin33.9%—

Returns & leverage

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Return on equity28.9%-0.4pp
Debt / equity1.9×+0.1×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by United Rentals in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: United Rentals’s 10-Q, filed July 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is United Rentals's all other rental expenses — cost of revenue?
United Rentals (URI) reported all other rental expenses — cost of revenue of $498M in Q2 2026.
How has United Rentals's all other rental expenses — cost of revenue changed year-over-year?
United Rentals's all other rental expenses — cost of revenue increased by 29.4% year-over-year, from $385M to $498M.
What is the long-term trend for United Rentals's all other rental expenses — cost of revenue?
Over 3 years (2022 to 2025), United Rentals's all other rental expenses — cost of revenue has grown at a 15.9% compound annual growth rate (CAGR), from $1.06B to $1.65B.
What does all other rental expenses — cost of revenue mean?
This metric represents the aggregate direct costs associated with supporting the rental fleet outside of primary equipment categories, including maintenance, logistics, and specialized service support. It captures the operational expenditures required to maintain the availability and functionality of secondary rental assets within the company's portfolio. Monitoring these costs is essential for assessing the operational efficiency and margin profile of the company's diversified rental offerings.