United Rentals profit margin URI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 15.7%
- Operating margin, 12 months
- 24.8%
- Net margin on a year earlier
- −0.4 pts
- Peer median
- 14.0%
Over the twelve months to Jun 30, 2026, United Rentals kept 15.7% of its revenue as net profit, with an operating margin of 24.8% and a gross margin of 38.4%.
Five years earlier its net margin was 11.4%.
The median for 10 industrial stocks of a similar size is 14.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 15.5% | 24.7% | 38.2% |
| FY2024 | 16.8% | 26.5% | 40.1% |
| FY2023 | 16.9% | 26.7% | 40.6% |
| FY2022 | 18.1% | 27.8% | 42.9% |
| FY2021 | 14.3% | 23.4% | 39.7% |
| FY2020 | 10.4% | 21.1% | 37.3% |
| FY2019 | 12.6% | 23.0% | 39.2% |
| FY2018 | 13.6% | 24.2% | 41.8% |
| FY2017 | 20.3% | 22.7% | 41.7% |
| FY2016 | 9.8% | 24.6% | 41.7% |
| FY2015 | 10.1% | 26.1% | 42.6% |
| FY2014 | 9.5% | 24.5% | 42.8% |
| FY2013 | 7.8% | 21.8% | 40.1% |
| FY2012 | 1.8% | 14.4% | 38.5% |
| FY2011 | 3.9% | 15.2% | 34.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 15.7% | −0.4 pts | 24.8% | |
| Q1 FY26 | 15.3% | −1.1 pts | 24.7% | |
| Q4 FY25 | 15.5% | −1.3 pts | 24.7% | |
| Q3 FY25 | 15.8% | −1.3 pts | 25.1% | |
| Q2 FY25 | 16.1% | −1.2 pts | 25.5% | |
| Q1 FY25 | 16.4% | −0.9 pts | 25.8% | |
| Q4 FY24 | 16.8% | −0.1 pts | 26.5% | |
| Q3 FY24 | 17.1% | −0.0 pts | 27.0% | |
| Q2 FY24 | 17.4% | +0.0 pts | 27.2% | |
| Q1 FY24 | 17.3% | −0.3 pts | 27.1% | |
| Q4 FY23 | 16.9% | −1.2 pts | 26.7% | |
| Q3 FY23 | 17.2% | −0.4 pts | 27.3% |
Against its peers
Companies in Industrials nearest United Rentals' size, closest first, today.
| Company | Profit margin |
|---|---|
| URIUnited Rentals | 15.7% |
| HONHoneywell International | 21.6% |
| FDXFedEx | 4.7% |
| CMICummins | 7.8% |
| GWWW.W. Grainger | 9.9% |
| RSGRepublic Services | 12.9% |
| NSCNorfolk Southern | 21.0% |
| HWMHowmet Aerospace | 20.5% |
| VRTVertiv | 15.1% |
| TDGTransDigm | 21.3% |
| NOCNorthrop Grumman | 10.5% |
| Peer median | 14.0% |
Where United Rentals ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on United Rentals
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.