United Rentals annual gross margin
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
United Rentals's gross margin was 166.28% for fiscal 2025.
View full United Rentals company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 166.28% | −5.13 pp |
| 2024 | 2024-12-31 | 171.40% | +0.18 pp |
| 2023 | 2023-12-31 | 171.22% | −28.54 pp |
| 2022 | 2022-12-31 | 199.76% | +28.97 pp |
| 2021 | 2021-12-31 | 170.79% | +11.16 pp |
| 2020 | 2020-12-31 | 159.63% | −18.27 pp |
| 2019 | 2019-12-31 | 177.90% | +136.09 pp |
| 2018 | 2018-12-31 | 41.80% | +0.11 pp |
| 2017 | 2017-12-31 | 41.70% | −0.01 pp |
| 2016 | 2016-12-31 | 41.70% | −0.93 pp |
| 2015 | 2015-12-31 | 42.63% | −0.15 pp |
| 2014 | 2014-12-31 | 42.78% | +2.68 pp |
| 2013 | 2013-12-31 | 40.10% | +1.55 pp |
| 2012 | 2012-12-31 | 38.55% | +4.15 pp |
| 2011 | 2011-12-31 | 34.39% | +4.98 pp |
| 2010 | 2010-12-31 | 29.41% | +3.55 pp |
| 2009 | 2009-12-31 | 25.87% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-03-31 | 158.13% | +6.28 pp |
| Q4 2025 | 2025-12-31 | 160.28% | −0.46 pp |
| Q3 2025 | 2025-09-30 | 177.51% | −11.05 pp |
| Q2 2025 | 2025-06-30 | 175.80% | +1.32 pp |
| Q1 2025 | 2025-03-31 | 151.85% | −11.30 pp |
| Q4 2024 | 2024-12-31 | 160.75% | −13.00 pp |
| Q3 2024 | 2024-09-30 | 188.56% | +0.32 pp |
| Q2 2024 | 2024-06-30 | 174.48% | +7.23 pp |
| Q1 2024 | 2024-03-31 | 163.15% | +8.41 pp |
| Q4 2023 | 2023-12-31 | 173.75% | −9.28 pp |
| Q3 2023 | 2023-09-30 | 188.24% | −48.09 pp |
| Q2 2023 | 2023-06-30 | 167.25% | −39.58 pp |
| Q1 2023 | 2023-03-31 | 154.74% | −24.32 pp |
| Q4 2022 | 2022-12-31 | 183.03% | +13.29 pp |
| Q3 2022 | 2022-09-30 | 236.33% | +25.43 pp |
| Q2 2022 | 2022-06-30 | 206.83% | +35.27 pp |
| Q1 2022 | 2022-03-31 | 179.06% | +46.59 pp |
| Q4 2021 | 2021-12-31 | 169.74% | −11.08 pp |
| Q3 2021 | 2021-09-30 | 210.90% | +174.75 pp |
| Q2 2021 | 2021-06-30 | 171.57% | +137.36 pp |
| Q1 2021 | 2021-03-31 | 132.47% | +90.95 pp |
| Q3 2020 | 2020-09-30 | 180.82% | +141.03 pp |
| Q2 2020 | 2020-06-30 | 36.15% | +0.21 pp |
| Q1 2020 | 2020-03-31 | 34.21% | −9.07 pp |
| Q3 2019 | 2019-09-30 | 41.52% | −2.81 pp |
| Q2 2019 | 2019-06-30 | 39.78% | −1.57 pp |
| Q1 2019 | 2019-03-31 | 35.95% | −1.31 pp |
| Q4 2018 | 2018-12-31 | 43.28% | +0.25 pp |
| Q3 2018 | 2018-09-30 | 44.33% | +0.56 pp |
| Q2 2018 | 2018-06-30 | 41.35% | +0.34 pp |
| Q1 2018 | 2018-03-31 | 37.25% | −0.65 pp |
| Q4 2017 | 2017-12-31 | 43.03% | −0.11 pp |
| Q3 2017 | 2017-09-30 | 43.77% | +0.27 pp |
| Q2 2017 | 2017-06-30 | 41.01% | −0.51 pp |
| Q1 2017 | 2017-03-31 | 37.91% | −0.26 pp |
| Q4 2016 | 2016-12-31 | 43.14% | +0.59 pp |
| Q3 2016 | 2016-09-30 | 43.50% | −1.01 pp |
| Q2 2016 | 2016-06-30 | 41.52% | −1.73 pp |
| Q1 2016 | 2016-03-31 | 38.17% | −1.68 pp |
| Q4 2015 | 2015-12-31 | 42.55% | −2.66 pp |
| Q3 2015 | 2015-09-30 | 44.52% | −0.04 pp |
| Q2 2015 | 2015-06-30 | 43.25% | +1.15 pp |
| Q1 2015 | 2015-03-31 | 39.85% | +1.82 pp |
| Q4 2014 | 2014-12-31 | 45.20% | +2.83 pp |
| Q3 2014 | 2014-09-30 | 44.56% | +1.54 pp |
| Q2 2014 | 2014-06-30 | 42.10% | +3.05 pp |
| Q1 2014 | 2014-03-31 | 38.03% | +3.03 pp |
| Q4 2013 | 2013-12-31 | 42.38% | +2.74 pp |
| Q3 2013 | 2013-09-30 | 43.02% | +1.59 pp |
| Q2 2013 | 2013-06-30 | 39.05% | +1.39 pp |
| Q1 2013 | 2013-03-31 | 35.00% | +2.53 pp |
| Q4 2012 | 2012-12-31 | 39.63% | +2.77 pp |
| Q3 2012 | 2012-09-30 | 41.43% | +3.00 pp |
| Q2 2012 | 2012-06-30 | 37.66% | +4.12 pp |
| Q1 2012 | 2012-03-31 | 32.47% | +6.08 pp |
| Q4 2011 | 2011-12-31 | 36.86% | +2.32 pp |
| Q3 2011 | 2011-09-30 | 38.43% | +7.73 pp |
| Q2 2011 | 2011-06-30 | 33.55% | — |
| Q1 2011 | 2011-03-31 | 26.39% | — |
| Q3 2010 | 2010-09-30 | 34.55% | — |
| Q2 2010 | 2010-06-30 | 30.70% | — |
Over the last five reported fiscal years, United Rentals's gross margin increased from 159.63% to 166.28%, a change of +6.65 percentage points. The latest reported quarter, Q1 2026, shows 158.13%.
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United Rentals filings at SEC.gov ↗