How United Rentals (URI) Makes Money: A Visual Guide

United Rentals (URI) generated $16.10B in revenue (TTM through Q4 2025), earning $2.49B in net profit (15.5% margin). Its largest revenue source is Owned Equipment Rentals (68.6% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

United Rentals (URI) Income Statement Flow

Frequently asked questions

How does United Rentals (URI) make money?

United Rentals (URI) primarily makes money through Owned Equipment Rentals, which accounts for 68.6% of total revenue. For TTM through Q4 2025, United Rentals generated $16.10B in total revenue with a net profit margin of 15.5%.

What is United Rentals (URI) gross profit margin?

United Rentals (URI) reported a gross profit margin of 35.4% for TTM through Q4 2025, equivalent to $5.71B in gross profit. This means United Rentals retains 35.4% of each revenue unit after direct costs of production.

What is United Rentals (URI) operating profit margin?

United Rentals (URI) reported an operating profit margin of 24.7% for TTM through Q4 2025, equivalent to $3.97B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is United Rentals (URI) net profit margin?

United Rentals (URI) reported a net profit margin of 15.5% for TTM through Q4 2025, equivalent to $2.49B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does United Rentals (URI) spend on capital expenditures?

United Rentals (URI) spent $5.29B on capital expenditures in TTM through Q4 2025 (32.8% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is United Rentals (URI) free cash flow?

United Rentals (URI) generated $4.51B in free cash flow for TTM through Q4 2025 (28.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is United Rentals (URI) effective tax rate?

United Rentals (URI) had an effective tax rate of 25.3% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q4 2025.