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United Rentals's Operating Income for the
three
months ended in Mar. 2026 was €791 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €3,508 Mil.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
United Rentals's annualizedROC % for the quarter that ended in Mar. 2026 was 9.77%.
United Rentals's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.04%.
United Rentals (MIL:1URI) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
United Rentals's annualizedROC % for the quarter that ended in Mar. 2026 is calculated as:
* 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
United Rentals Operating Income Related Terms
United Rentals Operating Income Historical Data
* Premium members only.
The historical data trend for United Rentals's Operating Income 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.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,508 Mil.
* 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 (MIL:1URI) has a Operating Income of €3,508 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on United Rentals and its competitors.
Is United Rentals' Operating Income too high?
United Rentals' current Operating Income is €3,508 Mil. Overall, United Rentals has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does United Rentals' Operating Income compare to SUNB and AER?
United Rentals' Operating Income of €3,508 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Business Services company?
A good Operating Income depends on the Business Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on United Rentals and its competitors. United Rentals's current Operating Income is €3,508 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Rentals stock overvalued right now?
United Rentals (MIL:1URI) has a current Operating Income of €3,508 Mil. The stock's GF Value™ is €529.03, compared to a current price of €659.60 — trading 24.7% above its estimated fair value. The current Operating Income is €3,508 Mil. United Rentals' overall GF Score™ is 93/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For United Rentals (MIL:1URI), the current Operating Income is €3,508 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is United Rentals (MIL:1URI) Overvalued in 2026?
Based on GuruFocus' analysis, United Rentals stock appears to be overvalued.
The current stock price of €659.60 is trading 24.7% above its estimated GF Value™ of €529.03.
Key valuation signals for MIL:1URI:
Operating Income: €3,508 Mil
GF Value™: €529.03 vs. price of €659.60 (24.7% above fair value)
No single metric tells the full story. See the MIL:1URI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Rentals is the world's largest equipment rental company, principally operating in the US and Canada. It has 16% share in a highly fragmented market serving general industrial (49%), commercial construction (46%), and residential construction (5%). The company operates a $21 billion fleet of equipment, including aerial platforms, forklifts, excavators, trucks, power generators, and various other materials serving local and national accounts from nearly 1,600 locations in North America and 100 abroad. It has pursued a strategy of bundling specialty rental capabilities to offer its customers more advanced solutions in addition to its core equipment rental business, supporting its ambitions to become a one-stop shop for customers and enhance and maintain its margin profile.
93GF Score
Get the complete analysis for MIL:1URI
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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