United Rentals revenue and financials
$1,074.28Change from previous close: −0.63%Absolute change: −$6.76
In the fiscal year ended December 2025, United Rentals reported revenue of $16.1B (+4.91% year over year). Net income was $2.49B, a net margin of 15.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.91%
- 2025 vs 2024
- Net income growth
- −3.15%
- 2025 vs 2024
- Net margin
- 15.5%
- 2024: 16.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 16,099 | 15,345 | 14,332 | 11,642 | 9,716 | 8,530 | 9,351 | 8,047 | 6,641 | 5,762 |
| Cost of revenue | 9,955 | 9,195 | 8,519 | 6,646 | 5,863 | 5,347 | 5,681 | 4,683 | 3,872 | 3,359 |
| Gross profit | 6,144 | 6,150 | 5,813 | 4,996 | 3,853 | 3,183 | 3,670 | 3,364 | 2,769 | 2,403 |
| Selling, general and administrative | 1,720 | 1,645 | 1,527 | 1,400 | 1,199 | — | — | — | — | — |
| Operating income | 3,973 | 4,065 | 3,827 | 3,232 | 2,277 | 1,800 | 2,152 | 1,951 | 1,507 | 1,415 |
| EBIT | 4,017 | 4,131 | 3,963 | 3,259 | 2,319 | — | — | — | — | — |
| EBITDA | 4,455 | 4,568 | 4,394 | 3,623 | 2,691 | — | — | — | — | — |
| Interest expense | 703 | 691 | 635 | 445 | 394 | — | — | — | — | — |
| Pre-tax income | 3,338 | 3,388 | 3,211 | 2,802 | 1,846 | — | — | — | — | — |
| Income tax | 844 | 813 | 787 | 697 | 460 | 249 | 340 | 380 | -298 | 343 |
| Net income | 2,494 | 2,575 | 2,424 | 2,105 | 1,386 | 890 | 1,174 | 1,096 | 1,346 | 566 |
| Net income to common shareholders | 2,494 | 2,575 | 2,424 | 2,105 | 1,386 | — | — | — | — | — |
| Basic EPS | 38.71 | 38.82 | 35.40 | 29.77 | 19.14 | 12.24 | 15.18 | 13.26 | 15.91 | 6.49 |
| Diluted EPS | 38.61 | 38.69 | 35.28 | 29.65 | 19.04 | 12.20 | 15.11 | 13.12 | 15.73 | 6.45 |
| Average shares (basic) | 64.4 | 66.3 | 68.5 | 70.7 | 72.4 | — | — | — | — | — |
| Average shares (diluted) | 64.6 | 66.6 | 68.7 | 71.0 | 72.8 | 72.9 | 77.7 | 83.5 | 85.6 | 87.8 |
| Dividend per share | 7.16 | 6.52 | 5.92 | — | — | — | — | — | — | — |