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United Rentals (BSP:U1RI34) Net Margin % : 18.21% (As of Dec. 2023)


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What is United Rentals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. United Rentals's Net Income for the three months ended in Dec. 2023 was R$3,327 Mil. United Rentals's Revenue for the three months ended in Dec. 2023 was R$18,266 Mil. Therefore, United Rentals's net margin for the quarter that ended in Dec. 2023 was 18.21%.

The historical rank and industry rank for United Rentals's Net Margin % or its related term are showing as below:

BSP:U1RI34' s Net Margin % Range Over the Past 10 Years
Min: 9.5   Med: 13.09   Max: 20.27
Current: 16.91


BSP:U1RI34's Net Margin % is ranked better than
87.79% of 1065 companies
in the Business Services industry
Industry Median: 3.93 vs BSP:U1RI34: 16.91

United Rentals Net Margin % Historical Data

The historical data trend for United Rentals's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Rentals Net Margin % Chart

United Rentals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.55 10.43 14.27 18.08 16.91

United Rentals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.39 13.73 16.63 18.67 18.21

Competitive Comparison of United Rentals's Net Margin %

For the Rental & Leasing Services subindustry, United Rentals's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Rentals's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, United Rentals's Net Margin % distribution charts can be found below:

* The bar in red indicates where United Rentals's Net Margin % falls into.



United Rentals Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

United Rentals's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=11877.115/70223.934
=16.91 %

United Rentals's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3326.964/18266.454
=18.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Rentals  (BSP:U1RI34) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


United Rentals Net Margin % Related Terms

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United Rentals (BSP:U1RI34) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 700, Stamford, CT, USA, 06902
United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 17% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinitely long periods.

United Rentals (BSP:U1RI34) Headlines

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