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United Rentals URI Fluid solutions equipment — Equipment rental revenue (as a percent)

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EQPTEquipment rental revenue — Revenue under topic 842
$607M+38.3%

Other financials

Income statement

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Revenue$4.0B+7.2%
Gross profit$1.5B+8.3%
Operating income$869.0M+8.1%
Net income$531.0M+2.5%
EPS (diluted)$8.43+6.6%

Balance sheet

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Cash & equivalents$156.0M-71.2%
Total debt$17.0B+8.2%
Total equity$9.0B+2.0%
Total assets$29.9B+6.6%

Cash flow

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Operating cash flow$1.5B+6.2%
CapEx$1.4B+22.7%
Free cash flow-$168.0M-200%

Valuation

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Market cap$67.46B+11.9%
Enterprise value$84.29B+11.7%
P/E26.9×+3.3×
P/S4.1×+0.3×

Profitability

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Gross margin38.2%-1.3pp
Operating margin24.7%-1.1pp
Net margin15.3%-1.1pp
FCF margin33.9%

Returns & leverage

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Return on equity28.2%-1.9pp
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:ConcentrationRiskPercentage1.

The official record: United Rentals’s 10-K, filed January 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is United Rentals's fluid solutions equipment — equipment rental revenue (as a percent)?
United Rentals (URI) reported fluid solutions equipment — equipment rental revenue (as a percent) of 1.8% in Q4 2025.
How has United Rentals's fluid solutions equipment — equipment rental revenue (as a percent) changed year-over-year?
United Rentals's fluid solutions equipment — equipment rental revenue (as a percent) decreased by 0.0% year-over-year, from 1.8% to 1.8%.
What is the long-term trend for United Rentals's fluid solutions equipment — equipment rental revenue (as a percent)?
Over 4 years (2021 to 2025), United Rentals's fluid solutions equipment — equipment rental revenue (as a percent) has grown at a 0.0% compound annual growth rate (CAGR), from 7% to 7%.
What does fluid solutions equipment — equipment rental revenue (as a percent) mean?
The percentage of total rental revenue that comes from renting out fluid management equipment.
How do you interpret fluid solutions equipment — equipment rental revenue (as a percent)?
An increase indicates that the fluid solutions segment is growing faster than the rest of the rental business, suggesting successful cross-selling or increased demand for specialized infrastructure services. A decrease suggests that core equipment rentals are outpacing the growth of the fluid solutions category.
How does fluid solutions equipment — equipment rental revenue (as a percent) compare across companies?
Peers in the industrial equipment rental space often track revenue contribution by specialized product categories to demonstrate diversification beyond general construction equipment.