Ticker League

TTM

24.7%

YoY change

−1.83pp

Trough year (2003)

1.4%

Peak year (2022)

27.8%

Operating Margin history chart for United Rentals (URI) from 1998 to 2025

Latest: 24.7%

Operating Margin change chart for United Rentals (URI) from 1998 to 2025

Latest: −1.83pp

Operating Margin history table for United Rentals (URI) from 1998 to 2025

  • 202524.7%-1.83pp
  • 202426.5%-0.39pp
  • 202326.9%-0.86pp
  • 202227.8%+4.13pp
  • 202123.6%+1.91pp
  • 202021.7%-1.49pp
  • 201923.2%-1.86pp
  • 201825.1%+0.61pp
  • 201724.5%-0.83pp
  • 201625.3%-1.07pp
  • 201526.4%+1.01pp
  • 201425.4%+2.34pp
  • 201323.0%+2.60pp
  • 201220.4%+2.77pp
  • 201117.7%+6.93pp
  • 201010.7%+4.58pp
  • 20096.1%-10.01pp
  • 200816.2%-1.50pp
  • 200717.7%+0.47pp
  • 200617.2%+2.49pp
  • 200514.7%+1.94pp
  • 200412.8%+11.40pp
  • 20031.4%-2.60pp
  • 20024.0%-12.04pp
  • 200116.0%-2.77pp
  • 200018.8%+0.44pp
  • 199918.3%+2.54pp
  • 199815.8%

Operating Margin values are taken from United Rentals's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at United Rentals (URI)

According to United Rentals's latest reported financial statements, the company's latest reported operating margin is 24.7%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, United Rentals (URI) operating margin totalled 24.68% – contracted 1.8 percentage points year-over-year.

The highest annual operating margin of 27.76% was reported in 2022. The lowest in the available history was 1.37% in 2003.

United Rentals Operating Margin by Year

United Rentals Operating Margin 2025: 24.7%

In 2025, United Rentals reported operating margin of 24.68%, contracted 1.8 percentage points from 2024.

United Rentals Operating Margin 2024: 26.5%

United Rentals operating margin in 2024 was 26.51%, contracted 0.4 percentage points from 2023.

United Rentals Operating Margin 2023: 26.9%

2023's operating margin for United Rentals came in at 26.90%, contracted 0.9 percentage points from 2022.

United Rentals Operating Margin 2022: 27.8%

United Rentals posted operating margin of 27.76% in 2022, expanded 4.1 percentage points from 2021. This figure represents the highest annual value in the available history.

United Rentals Operating Margin 2021: 23.6%

United Rentals operating margin in 2021 was 23.63%.

See more financial history for United Rentals (URI).

Sector peers by Operating Margin

Industrials peers of United Rentals (URI), ranked by their latest operating margin

Frequently asked questions