United Rentals (URI) Gross Margin (2010 - 2026)
United Rentals (URI) posted Gross Margin of 41.81% for Q3 2026, up 2.44 percentage points from 39.37% a year earlier and up 2.54 percentage points from the prior quarter.
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Analysis
United Rentals (URI) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at United Rentals was 39.08%, up 0.34 percentage points year-over-year; for FY2025, it was 38.16%, down 1.91 percentage points from FY2024.
- Annual Gross Margin has declined for three consecutive years, though with a five-year change of +0.85 percentage points (FY2020 to FY2025).
- In prior years, United Rentals' Gross Margin was 40.08% in FY2024 (-0.48 pp), 40.56% in FY2023 (-2.35 pp), 42.91% in FY2022 (+3.26 pp) and 39.66% in FY2021 (+2.34 pp).
- The Q3 2026 figure stands as the highest quarterly Gross Margin since Q4 2023.
- On a year-over-year basis, Gross Margin has increased in each of the last three quarters, with an average year-over-year change of -0.79 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2022, with a gain of 4.59 percentage points; the weakest was Q4 2023, with a drop of 3.25 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 39.27% (Q2 2026), 36.86% (Q1 2026) and 37.79% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.03 Bn | 69.15 Bn | 2.05 Bn | 41.81% |
| 2 | W.W. Grainger | 68.13 Bn | 65.49 Bn | 2.01 Bn | 38.81% |
| 3 | Fastenal | 62.04 Bn | 61.04 Bn | 1.10 Bn | 44.85% |
| 4 | Ferguson Enterprises | 49.55 Bn | 46.77 Bn | 2.32 Bn | 31.02% |
| 5 | Sunbelt Rentals Holdings | 33.45 Bn | 33.33 Bn | 1.25 Bn | 40.10% |
| 6 | Reliance | 21.95 Bn | 21.01 Bn | 1.45 Bn | 27.89% |
| 7 | Wesco International | 15.78 Bn | 12.83 Bn | 1.57 Bn | 21.67% |
| 8 | Watsco | 11.75 Bn | 9.43 Bn | 578.93 Mn | 27.50% |
| 9 | Applied Industrial Technologies | 10.98 Bn | 10.87 Bn | 392.21 Mn | 30.38% |
| 10 | Avantor | 10.60 Bn | 9.18 Bn | 534.80 Mn | 31.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 41.81% |
| Jun 30, 2026 | 39.27% |
| Mar 31, 2026 | 36.86% |
| Dec 31, 2025 | 37.79% |
| Sep 30, 2025 | 39.37% |
| Jun 30, 2025 | 38.88% |
| Mar 31, 2025 | 36.46% |
| Dec 31, 2024 | 40.00% |
| Sep 30, 2024 | 41.28% |
| Jun 30, 2024 | 40.23% |
| Mar 31, 2024 | 38.62% |
| Dec 31, 2023 | 41.90% |
| Sep 30, 2023 | 42.10% |
| Jun 30, 2023 | 40.10% |
| Mar 31, 2023 | 37.78% |
| Dec 31, 2022 | 45.15% |
| Sep 30, 2022 | 44.77% |
| Jun 30, 2022 | 41.50% |
| Mar 31, 2022 | 39.30% |
| Dec 31, 2021 | 41.82% |
API Access
United Rentals Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=URI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "URI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=URI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();