United Rentals, Inc. (URI) stock
URINYSEServices-Equipment Rental & Leasing, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 21, 2026Score 14/3047% above fair value
$1124.56−14.58 (-1.28%)
Close on Nov 13, 2026Market cap $69.63BP/E 24.7Yield 0.64%
United Rentals operating margin
Operating margin is operating income as a percentage of revenue.
United Rentals's operating margin for the twelve months ending Sep 30, 2026 was 25.5%. For fiscal 2025 it was 24.7%, against 26.5% the year before. The highest annual figure on record is 27.8% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 24.7% | −1.8 |
| FY2024 | Dec 31, 2024 | 26.5% | −0.2 |
| FY2023 | Dec 31, 2023 | 26.7% | −1.1 |
| FY2022 | Dec 31, 2022 | 27.8% | +4.3 |
| FY2021 | Dec 31, 2021 | 23.4% | +2.3 |
| FY2020 | Dec 31, 2020 | 21.1% | −1.9 |
| FY2019 | Dec 31, 2019 | 23.0% | −1.2 |
| FY2018 | Dec 31, 2018 | 24.2% | +1.6 |
| FY2017 | Dec 31, 2017 | 22.7% | −1.9 |
| FY2016 | Dec 31, 2016 | 24.6% | −1.5 |
| FY2015 | Dec 31, 2015 | 26.1% | +1.6 |
| FY2014 | Dec 31, 2014 | 24.5% | +2.7 |
| FY2013 | Dec 31, 2013 | 21.8% | +7.4 |
| FY2012 | Dec 31, 2012 | 14.4% | −0.8 |
| FY2011 | Dec 31, 2011 | 15.2% | +6.4 |
| FY2010 | Dec 31, 2010 | 8.8% | +4.0 |
| FY2009 | Dec 31, 2009 | 4.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 28.8% | +2.5 |
| Q2 FY2026 | Jun 30, 2026 | 25.8% | +0.4 |
| Q1 FY2026 | Mar 31, 2026 | 21.8% | +0.2 |
| Q4 FY2025 | Dec 31, 2025 | 25.0% | −1.5 |
| Q3 FY2025 | Sep 30, 2025 | 26.3% | −1.8 |
| Q2 FY2025 | Jun 30, 2025 | 25.4% | −1.2 |
| Q1 FY2025 | Mar 31, 2025 | 21.6% | −2.8 |
| Q4 FY2024 | Dec 31, 2024 | 26.5% | −2.0 |
| Q3 FY2024 | Sep 30, 2024 | 28.1% | −1.1 |
| Q2 FY2024 | Jun 30, 2024 | 26.6% | +0.6 |
| Q1 FY2024 | Mar 31, 2024 | 24.4% | +1.9 |
| Q4 FY2023 | Dec 31, 2023 | 28.5% | −2.6 |
| Q3 FY2023 | Sep 30, 2023 | 29.2% | −1.0 |
| Q2 FY2023 | Jun 30, 2023 | 26.0% | +0.2 |
| Q1 FY2023 | Mar 31, 2023 | 22.5% | −0.1 |
| Q4 FY2022 | Dec 31, 2022 | 31.1% | +4.2 |
| Q3 FY2022 | Sep 30, 2022 | 30.2% | +4.0 |
| Q2 FY2022 | Jun 30, 2022 | 25.8% | +4.8 |
| Q1 FY2022 | Mar 31, 2022 | 22.7% | +4.6 |
| Q4 FY2021 | Dec 31, 2021 | 26.8% | +4.5 |
| Q3 FY2021 | Sep 30, 2021 | 26.2% | +1.0 |
| Q2 FY2021 | Jun 30, 2021 | 21.0% | +1.4 |
| Q1 FY2021 | Mar 31, 2021 | 18.1% | +1.2 |
| Q4 FY2020 | Dec 31, 2020 | 22.4% | −2.0 |
| Q3 FY2020 | Sep 30, 2020 | 25.2% | −1.2 |
| Q2 FY2020 | Jun 30, 2020 | 19.6% | −3.5 |
| Q1 FY2020 | Mar 31, 2020 | 16.8% | −0.5 |
| Q4 FY2019 | Dec 31, 2019 | 24.4% | −0.0 |
| Q3 FY2019 | Sep 30, 2019 | 26.4% | −0.9 |
| Q2 FY2019 | Jun 30, 2019 | 23.1% | −1.8 |
| Q1 FY2019 | Mar 31, 2019 | 17.4% | −2.2 |
| Q4 FY2018 | Dec 31, 2018 | 24.4% | +0.4 |
| Q3 FY2018 | Sep 30, 2018 | 27.3% | +1.9 |
| Q2 FY2018 | Jun 30, 2018 | 24.9% | +3.6 |
| Q1 FY2018 | Mar 31, 2018 | 19.6% | +0.7 |
| Q4 FY2017 | Dec 31, 2017 | 24.0% | −2.4 |
| Q3 FY2017 | Sep 30, 2017 | 25.4% | – |
| Q2 FY2017 | Jun 30, 2017 | 21.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 19.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 26.4% | – |
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