United Rentals (URI) Net Margin (2010 - 2026)
United Rentals (URI) posted Net Margin of 18.80% for Q3 2026, up 2.23 percentage points from 16.58% a year earlier and up 1.73 percentage points from the prior quarter.
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Analysis
United Rentals (URI) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at United Rentals was 16.33%, up 0.50 percentage points year-over-year; for FY2025, it was 15.49%, down 1.29 percentage points from FY2024.
- Annual Net Margin has declined for three consecutive years, though with a five-year change of +5.06 percentage points (FY2020 to FY2025).
- In prior years, United Rentals' Net Margin was 16.78% in FY2024 (-0.13 pp), 16.91% in FY2023 (-1.17 pp), 18.08% in FY2022 (+3.82 pp) and 14.27% in FY2021 (+3.83 pp).
- The Q3 2026 figure stands as the highest quarterly Net Margin since Q4 2022.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -0.45 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2022, with a gain of 4.98 percentage points; the weakest was Q1 2025, with a drop of 1.62 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 17.07% (Q2 2026), 13.32% (Q1 2026) and 15.52% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 68.95 Bn | 66.71 Bn | 2.01 Bn | 11.33% |
| 2 | United Rentals | 68.54 Bn | 67.66 Bn | 2.05 Bn | 18.80% |
| 3 | Fastenal | 62.92 Bn | 61.91 Bn | 1.10 Bn | 16.30% |
| 4 | Ferguson Enterprises | 50.34 Bn | 47.55 Bn | 2.32 Bn | 5.54% |
| 5 | Sunbelt Rentals Holdings | 33.33 Bn | 33.21 Bn | 1.25 Bn | 14.06% |
| 6 | Reliance | 21.77 Bn | 20.83 Bn | 1.45 Bn | 7.73% |
| 7 | Wesco International | 15.42 Bn | 12.47 Bn | 1.57 Bn | 3.71% |
| 8 | Watsco | 11.20 Bn | 9.27 Bn | 586.29 Mn | 6.54% |
| 9 | Applied Industrial Technologies | 10.92 Bn | 10.80 Bn | 392.21 Mn | 8.55% |
| 10 | Avantor | 10.55 Bn | 9.13 Bn | 534.80 Mn | 11.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.80% |
| Jun 30, 2026 | 17.07% |
| Mar 31, 2026 | 13.32% |
| Dec 31, 2025 | 15.52% |
| Sep 30, 2025 | 16.58% |
| Jun 30, 2025 | 15.77% |
| Mar 31, 2025 | 13.93% |
| Dec 31, 2024 | 16.83% |
| Sep 30, 2024 | 17.74% |
| Jun 30, 2024 | 16.86% |
| Mar 31, 2024 | 15.55% |
| Dec 31, 2023 | 18.21% |
| Sep 30, 2023 | 18.67% |
| Jun 30, 2023 | 16.63% |
| Mar 31, 2023 | 13.73% |
| Dec 31, 2022 | 19.39% |
| Sep 30, 2022 | 19.86% |
| Jun 30, 2022 | 17.79% |
| Mar 31, 2022 | 14.54% |
| Dec 31, 2021 | 17.33% |
API Access
United Rentals Net 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=net-margin&ticker=URI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=URI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();