GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » United Rentals Inc (MEX:URI) » Definitions » 1-Year ROIIC %

United Rentals (MEX:URI) 1-Year ROIIC % : 10.14% (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is United Rentals 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. United Rentals's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 10.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for United Rentals's 1-Year ROIIC % or its related term are showing as below:

MEX:URI's 1-Year ROIIC % is ranked better than
58.88% of 1014 companies
in the Business Services industry
Industry Median: 3.69 vs MEX:URI: 10.14

United Rentals 1-Year ROIIC % Historical Data

The historical data trend for United Rentals's 1-Year ROIIC % 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 1-Year ROIIC % Chart

United Rentals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.82 16.70 11.18 24.79 20.30

United Rentals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % 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 11.54 20.30 19.56 21.70 10.14

Competitive Comparison of United Rentals's 1-Year ROIIC %

For the Rental & Leasing Services subindustry, United Rentals's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, United Rentals's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where United Rentals's 1-Year ROIIC % falls into.



United Rentals 1-Year ROIIC % Calculation

United Rentals's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 55194.9929 (Sep. 2024) - 51107.7536 (Sep. 2023) )/( 523781.671 (Sep. 2024) - 423314.035 (Sep. 2023) )
=4087.2393/100467.636
=4.07%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


United Rentals  (MEX:URI) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


United Rentals 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of United Rentals's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


United Rentals Business Description

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 15% 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 $22 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.