United Rentals revenue and financials
$1,080.62Change from previous close: +0.59%Absolute change: +$6.34
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,410 | 3,985 | 4,208 | 4,229 | 3,943 | 3,719 | 4,095 | 3,992 | 3,773 | 3,485 | 3,728 | 3,765 |
| Cost of revenue | 2,676 | 2,510 | 2,611 | 2,558 | 2,403 | 2,352 | 2,441 | 2,330 | 2,239 | 2,122 | 2,143 | 2,159 |
| Gross profit | 1,734 | 1,475 | 1,597 | 1,671 | 1,540 | 1,367 | 1,654 | 1,662 | 1,534 | 1,363 | 1,585 | 1,606 |
| Selling, general and administrative | 472 | 441 | 431 | 442 | 422 | 425 | 436 | 416 | 404 | 389 | 393 | 374 |
| Operating income | 1,146 | 920 | 1,059 | 1,120 | 1,010 | 828 | 1,103 | 1,137 | 1,021 | 870 | 1,090 | 1,125 |
| EBIT | 1,146 | 920 | 1,059 | 1,120 | 1,010 | 828 | 1,103 | 1,137 | 1,021 | 870 | 1,090 | 1,125 |
| EBITDA | 1,262 | 1,034 | 1,166 | 1,229 | 1,118 | 942 | 1,218 | 1,246 | 1,130 | 974 | 1,192 | 1,232 |
| Interest expense | 178 | 176 | 183 | 178 | 171 | 171 | 180 | 178 | 173 | 160 | 161 | 163 |
| Pre-tax income | 1,007 | 701 | 874 | 937 | 839 | 688 | 909 | 949 | 835 | 695 | 902 | 943 |
| Income tax | 254 | 170 | 221 | 236 | 217 | 170 | 220 | 241 | 199 | 153 | 223 | 240 |
| Net income | 753 | 531 | 653 | 701 | 622 | 518 | 689 | 708 | 636 | 542 | 679 | 703 |
| Net income to common shareholders | 753 | 531 | 653 | 701 | 622 | 518 | 689 | 708 | 636 | 542 | 679 | 703 |
| Basic EPS | 12.04 | 8.44 | 10.30 | 10.93 | 9.58 | 7.93 | 10.50 | 10.72 | 9.55 | 8.06 | 10.04 | 10.32 |
| Diluted EPS | 12.03 | 8.43 | 10.27 | 10.91 | 9.58 | 7.91 | 10.48 | 10.70 | 9.54 | 8.04 | 10.03 | 10.29 |
| Average shares (basic) | 62.6 | 62.9 | 63.4 | 64.2 | 64.9 | 65.3 | 65.6 | 66.0 | 66.6 | 67.2 | 67.6 | 68.2 |
| Average shares (diluted) | 62.6 | 63.0 | 63.6 | 64.3 | 64.9 | 65.4 | 65.8 | 66.2 | 66.7 | 67.4 | 67.8 | 68.3 |
| Dividend per share | 1.97 | 1.97 | 1.79 | 1.79 | 1.79 | 1.79 | 1.63 | 1.63 | 1.63 | 1.63 | 1.48 | 1.48 |