United Rentals's Income Statement Analysis: Revenue to Profit Breakdown
United Rentals's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$9.72 B | $11.64 B | $14.33 B | $15.35 B | $16.10 B | $16.37 B |
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Cost of Revenue Direct cost of goods/services. |
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$6.22 B | $7.01 B | $8.95 B | $9.63 B | $10.39 B | $10.43 B |
Gross Profit Revenue minus cost of revenue. |
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$3.50 B | $4.63 B | $5.38 B | $5.71 B | $5.71 B | $5.93 B |
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Operating Expense
Costs to run business. |
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$1.20 B | $1.40 B | $1.53 B | $1.65 B | $1.73 B | $1.90 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$1.20 B | $1.40 B | $1.53 B | $1.65 B | $1.73 B | $1.90 B |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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- | - | - | - | - | - |
Operating Income Profit from operations. |
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$2.30 B | $3.23 B | $3.86 B | $4.07 B | $3.97 B | $4.04 B |
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Net Interest Income
Interest income minus expense. |
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-$424.00 M | -$445.00 M | -$635.00 M | -$691.00 M | -$716.00 M | -$708.00 M |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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$424.00 M | $445.00 M | $635.00 M | $691.00 M | $716.00 M | $708.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$26.00 M | -$15.00 M | $9.00 M | -$11.00 M | -$80.00 M | -$13.00 M |
Total Other Income (Net) Net non-operating items. |
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-$450.00 M | -$430.00 M | -$644.00 M | -$680.00 M | -$636.00 M | -$687.00 M |
Income Before Tax Profit before taxes. |
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$1.85 B | $2.80 B | $3.21 B | $3.39 B | $3.34 B | $3.35 B |
Income Tax Expense Taxes on income. |
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$460.00 M | $697.00 M | $787.00 M | $813.00 M | $844.00 M | $844.00 M |
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Net Income
Final profit. |
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$1.39 B | $2.11 B | $2.42 B | $2.58 B | $2.49 B | $2.51 B |
Net Income From Continuing Operations Profit from core business. |
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$1.39 B | $2.11 B | $2.42 B | $2.58 B | $2.49 B | $2.51 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$19.14 | $29.77 | $35.40 | $38.82 | $38.71 | $39.17 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$19.03 | $29.66 | $35.28 | $38.69 | $38.61 | $39.05 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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72.43 M | 70.70 M | 68.47 M | 66.35 M | 64.40 M | 63.40 M |
Diluted Average Shares Outst. Shares including dilution. |
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72.82 M | 70.97 M | 68.71 M | 66.57 M | 64.60 M | 63.60 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$2.27 B | $3.25 B | $3.85 B | $4.08 B | $4.05 B | $4.05 B |
EBITDA Earnings before interest, tax, D&A. |
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$4.24 B | $5.46 B | $6.63 B | $6.98 B | $7.16 B | $6.52 B |
Depreciation and Amortization Non-cash expense for assets. |
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$1.97 B | $2.22 B | $2.78 B | $2.90 B | $3.11 B | $2.47 B |
| Company Report |
United Rentals's Assets vs Liabilities & Equity
United Rentals's Assets vs Liabilities & Equity
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