Equipment Rental — Equipment rentals gross margin
United Rentals Equipment Rental — Equipment rentals gross margin remained flat by 0.0% to $0.01 in Q3 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates improved operational efficiency, better pricing power, or lower maintenance costs relative to revenue. A decrease may signal rising maintenance expenses, lower fleet utilization, or increased competitive pricing pressure.
Detailed definition
This metric represents the profitability of the core equipment rental business segment after accounting for direct costs...
Peer comparison
Peers in the heavy equipment rental industry typically target high margins to offset significant capital expenditures; comparisons should account for fleet age and mix differences.
uri_segment_equipment_rental_equipment_rentals_gross_marginHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|
| Value | 0.8 | 0 | 0 |
| QoQ Change | — | -98.7% | +0.0% |
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Frequently Asked Questions
- What is United Rentals's equipment rental — equipment rentals gross margin?
- United Rentals (URI) reported equipment rental — equipment rentals gross margin of $0.01 in Q3 2022.
- What does equipment rental — equipment rentals gross margin mean?
- The percentage of rental revenue remaining after covering the direct costs of operating and maintaining the rental equipment fleet.