United Rentals (URI) Gross Margin (2010 - 2026)
United Rentals (URI) posted Gross Margin of 39.27% for Q2 2026, up 0.40 percentage points from 38.88% a year earlier and up 2.41 percentage points from the prior quarter.
United Rentals (URI) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at United Rentals was 38.36%, down 0.85 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).
- Quarterly Gross Margin has run from a low of 36.46% in Q1 2025 to a high of 45.15% in Q4 2022 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -1.19 percentage points.
- 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 36.86% (Q1 2026), 37.79% (Q4 2025) and 39.37% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 39.27% |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn | 39.51% |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn | 44.56% |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn | 31.02% |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 40.10% |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 28.09% |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 21.85% |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 30.40% |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn | 27.50% |
| 10 | Avantor | 11.26 Bn | 10.06 Bn | 537.00 Mn | 31.73% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 42.49% |
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_KEY
import 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();