General Rentals — Equipment rentals gross margin
United Rentals General Rentals — Equipment rentals gross margin remained flat by 0.0% to -$0.01 in Q3 2022 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from -$0.01 to -$0.01. 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 rental revenue, while a decrease suggests rising operating costs or pricing pressure.
Detailed definition
This metric represents the profitability of the General Rentals segment by calculating the difference between equipment...
Peer comparison
Peers in the equipment rental industry typically report similar segment-level gross margins, which are heavily influenced by fleet age, utilization rates, and the mix of equipment types.
uri_segment_general_rentals_equipment_rentals_gross_marginHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|
| Value | -0 | -0 | 0.8 | -0 | -0 |
| QoQ Change | — | +50.0% | >999% | -101.3% | +0.0% |
| YoY Change | — | — | — | +50.0% | +0.0% |
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Frequently Asked Questions
- What is United Rentals's general rentals — equipment rentals gross margin?
- United Rentals (URI) reported general rentals — equipment rentals gross margin of -$0.01 in Q3 2022.
- How has United Rentals's general rentals — equipment rentals gross margin changed year-over-year?
- United Rentals's general rentals — equipment rentals gross margin decreased by 0.0% year-over-year, from -$0.01 to -$0.01.
- What does general rentals — equipment rentals gross margin mean?
- The percentage of revenue from general equipment rentals remaining after subtracting direct operating costs.