United Rentals (URI) Operating Margin (2010 - 2026)
United Rentals (URI) posted Operating Margin of 28.80% for Q3 2026, up 2.45 percentage points from 26.34% a year earlier and up 2.99 percentage points from the prior quarter.
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Analysis
United Rentals (URI) Operating Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at United Rentals was 25.54%, up 0.47 percentage points year-over-year; for FY2025, it was 24.68%, down 1.81 percentage points from FY2024.
- Annual Operating Margin has declined for three consecutive years, though with a five-year change of +3.58 percentage points (FY2020 to FY2025).
- In prior years, United Rentals' Operating Margin was 26.49% in FY2024 (-0.21 pp), 26.70% in FY2023 (-1.06 pp), 27.76% in FY2022 (+4.33 pp) and 23.44% in FY2021 (+2.33 pp).
- The Q3 2026 figure stands as the highest quarterly Operating Margin since Q3 2023.
- On a year-over-year basis, Operating Margin has increased in each of the last three quarters, with an average year-over-year change of -0.78 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2022, with a gain of 4.77 percentage points; the weakest was Q1 2025, with a drop of 2.83 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 25.80% (Q2 2026), 21.81% (Q1 2026) and 25.00% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.03 Bn | 69.15 Bn | 2.05 Bn | 28.80% |
| 2 | W.W. Grainger | 68.13 Bn | 65.49 Bn | 2.01 Bn | 15.98% |
| 3 | Fastenal | 62.04 Bn | 61.04 Bn | 1.10 Bn | 21.55% |
| 4 | Ferguson Enterprises | 49.55 Bn | 46.77 Bn | 2.32 Bn | 8.19% |
| 5 | Sunbelt Rentals Holdings | 33.45 Bn | 33.33 Bn | 1.25 Bn | 22.18% |
| 6 | Reliance | 21.95 Bn | 21.01 Bn | 1.45 Bn | 10.59% |
| 7 | Wesco International | 15.78 Bn | 12.83 Bn | 1.57 Bn | 6.24% |
| 8 | Watsco | 11.75 Bn | 9.43 Bn | 578.93 Mn | 11.32% |
| 9 | Applied Industrial Technologies | 10.98 Bn | 10.87 Bn | 392.21 Mn | 11.12% |
| 10 | Avantor | 10.60 Bn | 9.18 Bn | 534.80 Mn | 8.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.80% |
| Jun 30, 2026 | 25.80% |
| Mar 31, 2026 | 21.81% |
| Dec 31, 2025 | 25.00% |
| Sep 30, 2025 | 26.34% |
| Jun 30, 2025 | 25.44% |
| Mar 31, 2025 | 21.62% |
| Dec 31, 2024 | 26.54% |
| Sep 30, 2024 | 28.11% |
| Jun 30, 2024 | 26.61% |
| Mar 31, 2024 | 24.45% |
| Dec 31, 2023 | 28.51% |
| Sep 30, 2023 | 29.19% |
| Jun 30, 2023 | 26.03% |
| Mar 31, 2023 | 22.53% |
| Dec 31, 2022 | 31.07% |
| Sep 30, 2022 | 30.19% |
| Jun 30, 2022 | 25.80% |
| Mar 31, 2022 | 22.66% |
| Dec 31, 2021 | 26.84% |
API Access
United Rentals Operating 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=operating-margin&ticker=URI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=URI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();