Company / Operating Margin
United Rentals Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
21.6%
FY2025
5-year range
21.6% / 27.8%
FY2021-FY2025
Trend
-18.4%
vs FY2024
Sector context
#29 of 304
Industrials
What the data says
Among 304 Industrials companies, United Rentals is in the top 10% for operating margin. Operating Margin has declined for 3 consecutive years, from 27.8% in FY2022 to 21.6% in FY2025.
Based on SEC 10-K filings.
21.6% in FY2025 with a 5-year CAGR of +0.5%. Top quartile in the Industrials sector.
Declined from 26.7% to 21.6% over the past 2 years.
Industrials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -6.1pp
- 5-Year Change
- +0.5pp
- 10-Year Change
- -
Sector benchmark
Top 10% in IndustrialsTop 10% of 304This company 21.6% Sector average -843.0%
▼
+102.6% above sector average
Key checks
Key Insights
- United Rentals's operating margin has declined for 3 consecutive years.
- In FY2025, operating margin decreased 18.4% year-over-year.
- Currently 864.6pp above the Industrials sector average.
- Peak operating margin was recorded in FY2022.
Company context
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.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 21.6% | -18.4% |
| FY2024 | 26.5% | -0.8% |
| FY2023 | 26.7% | -3.8% |
| FY2022 | 27.8% | +18.4% |
| FY2021 | 23.4% | +11.1% |
| FY2020 | 21.1% | -8.3% |
| FY2019 | 23.0% | -5.1% |
| FY2018 | 24.3% | +6.9% |
| FY2017 | 22.7% | -7.6% |
| FY2016 | 24.6% | -5.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026