URI United Rentals margins

Relative Growth: Rel. Growth: 90

Relative Strength: Rel. Strength: 77

Relative Valuation: Rel. Valuation: 56

Relative Profitability: Rel. Profitability: 77

Gross margin

39.1%

Operating margin

25.5%

EBITDA margin

44.6%

Net margin

16.3%

For the latest period, United Rentals has a gross margin of 39.1%, an operating margin of 25.5%, an EBITDA margin of 44.6%, and a net margin of 16.3%. Net margin showed the largest improvement, gaining by 0.5 percentage points. EBITDA margin saw the largest decline, dropping by 0.1 percentage points.

URI margin history

Gross, operating, EBITDA and net margin trends

United Rentals's margins averaged 39.5% gross, 25.88% operating, 45.23% EBITDA, and 16.38% net during the last 3 years. Currently, all four current margins are below their three-year averages.

URI margin expansion

Year-over-year margin changes in percentage points

United Rentals's gross margin expanded by 0.4 percentage points, operating margin by 0.4 percentage points, and net margin by 0.5 percentage points, but EBITDA margin contracted by 0.1 percentage points.

Gross margin expansion

0.4pp

Operating margin expansion

0.4pp

EBITDA margin expansion

-0.1pp

Net margin expansion

0.5pp

URI Gross margin

Across the last 3 years, United Rentals's gross margin averaged 39.5%. Compared with its three-year average, United Rentals's current gross margin is 39.1% and is 0.4 percentage points below its three-year average. Gross margin was highest at 40.7% in Jun 2024 and lowest at 38.2% in Dec 2025.

URI Operating margin

Over the last 3 years, United Rentals's operating margin averaged 25.88%. Right now, United Rentals's current operating margin is 25.5%, which is 0.4 percentage points below its three-year average. During this period, operating margin reached a high of 27.2% in Jun 2024 and a low of 24.7% in Dec 2025.

URI EBITDA margin

United Rentals's EBITDA margin averaged 45.23% across the past 3 years. Against its three-year average, United Rentals's EBITDA margin is currently 44.6%, 0.6 percentage points below its three-year average. Over the last 3 years, United Rentals's EBITDA margin peaked at 46.3% in Jun 2024 and reached a low of 44.1% in Mar 2026.

URI Net margin

Across the last 3 years, United Rentals's net margin came to 16.38%. Right now, United Rentals's current net margin is 16.3%, which is 0.1 percentage points below its three-year average. Net margin was highest at 17.4% in Jun 2024 and lowest at 15.3% in Mar 2026.

URI margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 39.1%, URI stands above the Industrials sector and the industry average. Compared to its Industrials sector average of 32.7%, United Rentals's gross margin is 20% higher.

URI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is United Rentals's gross margin?

As of Sep 30, 2026, URI has a gross margin of 39.1%.

What is United Rentals's operating margin?

As of Sep 30, 2026, URI has an operating margin of 25.5%.

What is United Rentals's EBITDA margin?

As of Sep 30, 2026, URI has an EBITDA margin of 44.6%.

What is United Rentals's net margin?

For the period ending Sep 30, 2026, URI recorded a net margin of 16.3%.

What are the average margins of URI?

United Rentals's average margins over the last 3 years were 39.5% gross, 25.9% operating, 45.2% EBITDA, and 16.4% net.

What are the highest historical margins of URI?

United Rentals's highest recorded margins during the past 5 years were 42.9% gross in Dec 2022, 27.8% operating in Dec 2022, 46.9% EBITDA in Dec 2022, and 18.1% net in Dec 2022.

What are the lowest historical margins of URI?

Across the 5-year period, URI posted its lowest margins at 38.2% gross in Dec 2025, 23.4% operating in Dec 2021, 43.8% EBITDA in Dec 2021, and 14.3% net in Dec 2021.