United Rentals Income Statement

URI / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

United Rentals reported $3.7B in revenue and $518M in net income for FY2025. Revenue has grown at a 2.6% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 0.83 (distress zone, below 1.8 threshold)
High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$3.7B	$15.3B	$14.3B	$11.6B	$9.7B	$8.5B	$9.4B	$8.0B	$6.6B	$5.8B	$5.8B	$5.7B	$5.0B	$4.1B	$2.6B
Cost of Revenue	$10.0B	$9.2B	$8.5B	$6.6B	$5.9B	$5.3B	$5.7B	$4.7B	$3.9B	$3.4B	$3.3B	$3.3B	$3.0B	$2.5B	$1.7B
Gross Profit	$1.4B	$6.2B	$5.8B	$5.0B	$3.9B	$3.2B	$3.7B	$3.4B	$2.8B	$2.4B	$2.5B	$2.4B	$2.0B	$1.6B	$898.0M
SG&A Expense	$1.7B	$1.6B	$1.5B	$1.4B	$1.2B	$979.0M	$1.1B	$1.0B	$903.0M	$719.0M	$714.0M	$758.0M	$642.0M	$588.0M	$407.0M
Operating Income	$804.0M	$4.1B	$3.8B	$3.2B	$2.3B	$1.8B	$2.2B	$2.0B	$1.5B	$1.4B	$1.5B	$1.4B	$1.1B	$591.0M	$396.0M
Income Tax	$844.0M	$813.0M	$787.0M	$697.0M	$460.0M	$249.0M	$340.0M	$380.0M	-$298.0M	$343.0M	$378.0M	$310.0M	$218.0M	$13.0M	$63.0M
Net Income	$518.0M	$2.6B	$2.4B	$2.1B	$1.4B	$890.0M	$1.2B	$1.1B	$1.3B	$566.0M	$585.0M	$540.0M	$387.0M	$75.0M	$101.0M
EPS (Basic)	$35.40	$29.77	$19.14	$12.24	$15.18	$13.26	$15.91	$6.49	$6.14	$5.54	$4.14	$0.91	$1.62	-$0.44	$1.62
EPS (Diluted)	$35.28	$29.65	$19.04	$12.20	$15.11	$13.12	$15.73	$6.45	$6.07	$5.15	$3.64	$0.79	$1.38	-$0.44	$1.38
Shares Outstanding	65.3M	67.3M	69.4M	72.4M	72.2M	74.4M	79.9M	84.5M	84.2M	91.8M	97.9M	93.3M	93.0M	62.9M	73.3M
Gross Margin	36.5%	40.1%	40.6%	42.9%	39.7%	37.3%	39.3%	41.8%	41.7%	41.7%	42.6%	42.8%	40.1%	38.6%	34.4%
Operating Margin	21.6%	26.5%	26.7%	27.8%	23.4%	21.1%	23.0%	24.3%	22.7%	24.6%	26.1%	24.5%	21.8%	14.4%	15.2%
Profit Margin	13.9%	16.8%	16.9%	18.1%	14.3%	10.4%	12.6%	13.6%	20.3%	9.8%	10.1%	9.5%	7.8%	1.8%	3.9%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

United Rentals Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$3.7B

$15.3B

$14.3B

$11.6B

$9.7B

$8.5B

$9.4B

$8.0B

$6.6B

$5.8B

$5.7B

$5.0B

$4.1B

$2.6B

Cost of Revenue

$10.0B

$9.2B

$8.5B

$6.6B

$5.9B

$5.3B

$5.7B

$4.7B

$3.9B

$3.4B

$3.3B

$3.0B

$2.5B

$1.7B

Gross Profit

$1.4B

$6.2B

$5.8B

$5.0B

$3.9B

$3.2B

$3.7B

$3.4B

$2.8B

$2.4B

$2.5B

$2.4B

$2.0B

$1.6B

$898.0M

SG&A Expense

$1.7B

$1.6B

$1.5B

$1.4B

$1.2B

$979.0M

$1.1B

$1.0B

$903.0M

$719.0M

$714.0M

$758.0M

$642.0M

$588.0M

$407.0M

Operating Income

$804.0M

$4.1B

$3.8B

$3.2B

$2.3B

$1.8B

$2.2B

$2.0B

$1.5B

$1.4B

$1.5B

$1.4B

$1.1B

$591.0M

$396.0M

Income Tax

$844.0M

$813.0M

$787.0M

$697.0M

$460.0M

$249.0M

$340.0M

$380.0M

-$298.0M

$343.0M

$378.0M

$310.0M

$218.0M

$13.0M

$63.0M

Net Income

$518.0M

$2.6B

$2.4B

$2.1B

$1.4B

$890.0M

$1.2B

$1.1B

$1.3B

$566.0M

$585.0M

$540.0M

$387.0M

$75.0M

$101.0M

EPS (Basic)

$35.40

$29.77

$19.14

$12.24

$15.18

$13.26

$15.91

$6.49

$6.14

$5.54

$4.14

$0.91

$1.62

-$0.44

$1.62

EPS (Diluted)

$35.28

$29.65

$19.04

$12.20

$15.11

$13.12

$15.73

$6.45

$6.07

$5.15

$3.64

$0.79

$1.38

-$0.44

$1.38

Shares Outstanding

65.3M

67.3M

69.4M

72.4M

72.2M

74.4M

79.9M

84.5M

84.2M

91.8M

97.9M

93.3M

93.0M

62.9M

73.3M

Gross Margin

36.5%

40.1%

40.6%

42.9%

39.7%

37.3%

39.3%

41.8%

41.7%

42.6%

42.8%

40.1%

38.6%

34.4%

Operating Margin

21.6%

26.5%

26.7%

27.8%

23.4%

21.1%

23.0%

24.3%

22.7%

24.6%

26.1%

24.5%

21.8%

14.4%

15.2%

Profit Margin

13.9%

16.8%

16.9%

18.1%

14.3%

10.4%

12.6%

13.6%

20.3%

9.8%

10.1%

9.5%

7.8%

1.8%

3.9%