United Rentals, Inc. (URI)

United Rentals Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	15,345	14,332	11,642	9,716	8,530
Revenue Growth (YoY)	7.07%	23.11%	19.82%	13.90%	-8.78%
Cost of Revenue	9,132	8,411	6,619	5,826	5,298
Gross Profit	6,213	5,921	5,023	3,890	3,232
Selling, General & Admin	1,645	1,527	1,400	1,199	979
Operating Expenses	2,082	1,958	1,764	1,571	1,366
Operating Income	4,131	3,963	3,259	2,319	1,866
Interest Expense	-691	-635	-445	-394	-669
Other Non Operating Income (Expenses)	14	19	15	-7	8
EBT Excluding Unusual Items	3,454	3,347	2,829	1,918	1,205
Merger & Restructuring Charges	-3	-28	-	-5	-17
Other Unusual Items	-63	-108	-27	-67	-49
Pretax Income	3,388	3,211	2,802	1,846	1,139
Income Tax Expense	813	787	697	460	249
Net Income	2,575	2,424	2,105	1,386	890
Net Income to Common	2,575	2,424	2,105	1,386	890
Net Income Growth	6.23%	15.15%	51.88%	55.73%	-24.19%
Shares Outstanding (Basic)	66	68	71	72	73
Shares Outstanding (Diluted)	67	69	71	73	73
Shares Change (YoY)	-3.12%	-3.19%	-2.53%	-0.15%	-6.15%
EPS (Basic)	38.81	35.40	29.77	19.14	12.25
EPS (Diluted)	38.69	35.28	29.65	19.04	12.20
EPS Growth	9.67%	18.99%	55.73%	56.07%	-19.26%
Free Cash Flow	1,940	2,208	1,708	1,459	2,358
Free Cash Flow Per Share	29.14	32.13	24.07	20.04	32.33
Dividend Per Share	6.520	5.920	-	-	-
Dividend Growth	10.13%	-	-	-	-
Gross Margin	40.49%	41.31%	43.15%	40.04%	37.89%
Operating Margin	26.92%	27.65%	27.99%	23.87%	21.88%
Profit Margin	16.78%	16.91%	18.08%	14.27%	10.43%
Free Cash Flow Margin	12.64%	15.41%	14.67%	15.02%	27.64%
EBITDA	4,568	4,394	3,623	2,691	2,253
EBITDA Margin	29.77%	30.66%	31.12%	27.70%	26.41%
D&A For EBITDA	437	431	364	372	387
EBIT	4,131	3,963	3,259	2,319	1,866
EBIT Margin	26.92%	27.65%	27.99%	23.87%	21.88%
Effective Tax Rate	24.00%	24.51%	24.88%	24.92%	21.86%
Revenue as Reported	15,345	14,332	11,642	9,716	8,530

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q