United Rentals, Inc. (URI) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Product and Service by Geography
2025-01-01 to 2025-12-31
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United Rentals, Inc. (URI) FY2025 Annual P&L / Income Statement
Income statement for 2025-01-01 through 2025-12-31. View: Product and Service by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 16,099,000,000 US dollars
- Total cost of revenues
- 9,955,000,000 US dollars
- Gross profit
- 6,144,000,000 US dollars
- Operating expenses (calculated)
- 2,171,000,000 US dollars
- Operating income
- 3,973,000,000 US dollars
- Other income (expense), net (calculated)
- negative 635,000,000 US dollars
- Income before provision for income taxes
- 3,338,000,000 US dollars
- Provision for income taxes
- 844,000,000 US dollars
- Net income
- 2,494,000,000 US dollars
- Contractor supplies sales
- 163,000,000 US dollars
- Sales of new equipment
- 348,000,000 US dollars
- Sales of rental equipment
- 1,413,000,000 US dollars
- Service and other revenues
- 369,000,000 US dollars
- Equipment rentals - UNITED STATES
- 12,609,000,000 US dollars
- Equipment rentals - Foreign
- 1,197,000,000 US dollars
- Selling, general and administrative expenses
- 1,732,000,000 US dollars
- Restructuring charge
- 1,000,000 US dollars
- Non-rental depreciation and amortization
- 438,000,000 US dollars
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

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Gross margin
38.2%
Gross profit / revenue
Operating margin
24.7%
Operating profit / revenue
Cash conversion
208.1%
Operating cash / net income, same period
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