URIUnited Rentals

Industrials · Equipment Rental · NYSE

United Rentals is the largest equipment rental company in the world, operates throughout the United States and Canada, and has a smaller presence in Europe, Australia and New Zealand. 10-K, Item 1

Employees: 1,800
Headquarters: Stamford, CT
Next results: around Jan 27, 2027

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URI and 9 peers, year by year

The 9 Industrials companies closest to URI in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

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Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
URI United Rentals	FY2025	$16.1B	+3.0%	38.2%	24.7%	15.5%	-	27.8%	1.77
LDOS Leidos	FY2025	$17.2B	+3.2%	-	12.3%	8.4%	9.5%	29.5%	0.95
CHRW C.H. Robinson	FY2025	$16.2B	−8.4%	-	4.9%	3.6%	5.5%	31.8%	0.59
ITW Illinois Tool Works	FY2025	$16.0B	+0.9%	-	26.3%	19.1%	16.9%	95.0%	2.78
EMR Emerson Electric	FY2026	$19.0B	+5.4%	53.4%	-	14.2%	18.6%	13.0%	0.59
GWW W. W. Grainger	FY2025	$17.9B	+4.5%	39.1%	13.9%	9.5%	7.4%	45.7%	0.70
TXT Textron	FY2025	$14.8B	+8.0%	-	-	6.2%	6.3%	11.7%	-
RSG Republic Services	FY2025	$19.0B	+3.5%	-	17.4%	11.2%	12.7%	17.9%	1.15
SWK Stanley Black & Decker	FY2025	$15.1B	−1.5%	-	-	2.7%	4.5%	4.4%	0.65
EME Emcor	FY2025	$17.0B	+16.6%	19.3%	10.1%	7.5%	7.0%	34.6%	-

Revenuepeer median $17.0B

Sales growthpeer median +3.5%

Gross marginpeer median 39.1%

EMR 53.4%
GWW 39.1%
URI 38.2%
EME 19.3%
LDOS -
CHRW -
ITW -
TXT -
RSG -
SWK -

Operating marginpeer median 13.1%

ITW 26.3%
URI 24.7%
RSG 17.4%
GWW 13.9%
LDOS 12.3%
EME 10.1%
CHRW 4.9%
EMR -
TXT -
SWK -

Net marginpeer median 8.4%

FCF marginpeer median 7.4%

Return on equitypeer median 29.5%

Debt / equitypeer median 0.70

ITW 2.78
URI 1.77
RSG 1.15
LDOS 0.95
GWW 0.70
SWK 0.65
CHRW 0.59
EMR 0.59
TXT -
EME -

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	$5.8B	$6.6B	$8.0B	$9.4B	$8.5B	$9.7B	$11.6B	$14.3B	$15.3B	$16.1B
LDOS Jan	$7.0B	$10.2B	$10.2B	$11.1B	$12.3B	$13.7B	$14.4B	$15.4B	$16.7B	$17.2B
CHRW Dec	$13.1B	$14.9B	$16.6B	$15.3B	$16.2B	$23.1B	$24.7B	$17.6B	$17.7B	$16.2B
ITW Dec	$13.6B	$14.3B	$14.8B	$14.1B	$12.6B	$14.5B	$15.9B	$16.1B	$15.9B	$16.0B
EMR Sep	$14.5B	$15.3B	$17.4B	$18.4B	$16.8B	$12.9B	$13.8B	$15.2B	$17.5B	$18.0B
GWW Dec	$10.1B	$10.4B	$11.2B	$11.5B	$11.8B	$13.0B	$15.2B	$16.5B	$17.2B	$17.9B
TXT Jan	$13.8B	$14.2B	$14.0B	$13.6B	$11.7B	$12.4B	$12.9B	$13.7B	$13.7B	$14.8B
RSG Dec	-	$12.1B	$11.9B	$12.2B	$12.0B	$13.3B	$15.6B	$17.3B	$18.4B	$19.0B
SWK Jan	$11.6B	$14.0B	-	$12.9B	$12.8B	$15.3B	$16.9B	$15.8B	$15.4B	$15.1B
EME Dec	$7.6B	$7.7B	$8.1B	$9.2B	$8.8B	$9.9B	$11.1B	$12.6B	$14.6B	$17.0B
Peer median	$12.4B	$14.0B	$12.9B	$12.9B	$12.3B	$13.3B	$15.2B	$15.8B	$16.7B	$17.0B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	−0.9%	+15.3%	+21.2%	+16.2%	−3.3%	+13.1%	+10.9%	+35.7%	+5.7%	+3.0%
LDOS Jan	-	+44.4%	+0.2%	+7.7%	+11.1%	+11.6%	+4.9%	+7.4%	+8.1%	+3.2%
CHRW Dec	−2.5%	+13.1%	+11.8%	−7.9%	+5.9%	+42.5%	+6.9%	−28.7%	+0.7%	−8.4%
ITW Dec	+1.4%	+5.3%	+3.2%	−4.5%	−10.9%	+15.0%	+10.2%	+1.1%	−1.3%	+0.9%
EMR Sep	-	+5.1%	+14.0%	+5.5%	−8.6%	+8.6%	+6.7%	+9.9%	+15.3%	+3.0%
GWW Dec	+1.6%	+2.8%	+7.6%	+2.4%	+2.7%	+10.4%	+16.9%	+8.2%	+4.2%	+4.5%
TXT Jan	+2.7%	+3.0%	−1.6%	−2.4%	−14.5%	+6.3%	+3.9%	+6.3%	+0.1%	+8.0%
RSG Dec	-	+7.0%	0.0%	+2.6%	−1.4%	+11.2%	+19.6%	+10.8%	+7.1%	+3.5%
SWK Jan	+2.1%	+7.8%	-	+3.3%	+1.1%	+19.9%	+10.9%	−6.9%	−2.6%	−1.5%
EME Dec	+12.4%	+1.8%	+5.8%	+12.8%	−4.1%	+12.6%	+11.8%	+13.6%	+15.8%	+16.6%
Peer median	+1.9%	+5.3%	+4.5%	+2.6%	−1.4%	+11.6%	+10.2%	+7.4%	+4.2%	+3.2%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	41.7%	41.7%	41.8%	39.2%	37.3%	39.7%	42.9%	40.6%	40.1%	38.2%
LDOS Jan	-	-	-	-	-	-	-	-	-	-
CHRW Dec	-	-	-	-	-	-	-	-	-	-
ITW Dec	-	-	-	-	-	-	-	-	-	-
EMR Sep	43.1%	42.0%	42.7%	42.5%	41.8%	58.5%	45.7%	49.0%	50.8%	52.8%
GWW Dec	40.6%	39.3%	38.7%	38.3%	35.9%	36.2%	38.4%	39.4%	39.4%	39.1%
TXT Jan	-	-	-	-	-	-	-	-	-	-
RSG Dec	-	-	-	-	-	-	-	-	-	-
SWK Jan	36.8%	34.7%	-	37.2%	34.6%	33.3%	25.3%	-	-	-
EME Dec	13.7%	14.9%	14.8%	14.8%	15.9%	15.2%	14.5%	16.6%	19.0%	19.3%
Peer median	38.7%	37.0%	38.7%	37.7%	35.2%	34.8%	31.8%	39.4%	39.4%	39.1%

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	24.6%	22.7%	24.2%	23.0%	21.1%	23.4%	27.8%	26.7%	26.5%	24.7%
LDOS Jan	5.9%	5.5%	7.3%	8.2%	8.1%	8.4%	7.6%	4.0%	11.0%	12.3%
CHRW Dec	6.4%	5.2%	5.5%	5.2%	4.2%	4.7%	5.1%	2.9%	3.8%	4.9%
ITW Dec	22.5%	24.3%	24.3%	24.1%	22.9%	24.1%	23.8%	25.1%	26.8%	26.3%
EMR Sep	-	-	-	-	-	-	-	-	-	-
GWW Dec	11.0%	9.9%	10.3%	11.0%	8.6%	11.9%	14.5%	15.6%	15.4%	13.9%
TXT Jan	-	-	-	-	-	-	-	-	-	-
RSG Dec	-	13.8%	14.6%	14.7%	14.2%	15.6%	15.3%	16.1%	17.4%	17.4%
SWK Jan	15.8%	13.5%	-	15.4%	17.1%	-	-	-	-	-
EME Dec	4.1%	4.3%	5.0%	5.0%	2.9%	5.4%	5.1%	7.0%	9.2%	10.1%
Peer median	8.7%	9.9%	8.8%	11.0%	8.6%	10.1%	11.1%	11.3%	13.2%	13.1%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	9.8%	20.3%	13.6%	12.6%	10.4%	14.3%	18.1%	16.9%	16.8%	15.5%
LDOS Jan	3.5%	3.6%	5.7%	6.0%	5.1%	5.5%	4.8%	1.3%	7.5%	8.4%
CHRW Dec	3.9%	3.4%	4.0%	3.8%	3.1%	3.7%	3.8%	1.8%	2.6%	3.6%
ITW Dec	15.0%	11.8%	17.4%	17.9%	16.8%	18.6%	19.0%	18.4%	21.9%	19.1%
EMR Sep	11.3%	9.9%	12.7%	12.6%	11.7%	17.8%	23.4%	87.2%	11.3%	12.6%
GWW Dec	6.0%	5.6%	7.0%	7.4%	5.9%	8.0%	10.2%	11.1%	11.1%	9.5%
TXT Jan	7.0%	2.2%	8.7%	6.0%	2.7%	6.0%	6.7%	6.7%	6.0%	6.2%
RSG Dec	-	10.6%	8.7%	8.8%	8.0%	9.7%	9.5%	10.0%	11.1%	11.2%
SWK Jan	8.3%	4.3%	-	7.4%	9.7%	11.1%	6.3%	−2.0%	1.9%	2.7%
EME Dec	2.4%	3.0%	3.5%	3.5%	1.5%	3.9%	3.7%	5.0%	6.9%	7.5%
Peer median	6.5%	4.3%	7.8%	7.4%	5.9%	8.0%	6.7%	6.7%	7.5%	8.4%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	$1.8B	$2.1B	$2.7B	$2.8B	$2.5B	$491.0M	$743.0M	$840.0M	$416.0M	-
LDOS Jan	$420.0M	$445.0M	$695.0M	$871.0M	$1.2B	$929.0M	$863.0M	$980.0M	$1.3B	$1.6B
CHRW Dec	$456.0M	$343.9M	$747.9M	$799.1M	$476.1M	$60.8M	$1.6B	$702.0M	$486.4M	$894.9M
ITW Dec	$2.0B	$2.1B	$2.4B	$2.7B	$2.6B	$2.3B	$1.9B	$3.1B	$2.8B	$2.7B
EMR Sep	$2.4B	$1.4B	$2.3B	$2.4B	$2.5B	$3.2B	$2.6B	$274.0M	$2.9B	$2.7B
GWW Dec	$740.0M	$820.0M	$818.0M	$821.0M	$926.0M	$682.0M	$1.1B	$1.6B	$1.6B	$1.3B
TXT Jan	$479.0M	$513.0M	$738.0M	$675.0M	$451.0M	$1.2B	$1.1B	$864.0M	$650.0M	$929.0M
RSG Dec	-	$920.9M	$1.2B	$1.1B	$1.3B	$1.5B	$1.7B	$2.0B	$2.1B	$2.4B
SWK Jan	$838.5M	$768.8M	-	$1.1B	$1.7B	$144.0M	−$2.0B	$852.6M	$753.0M	$687.9M
EME Dec	$222.7M	$331.4M	$227.5M	$307.3M	$758.4M	$282.6M	$448.6M	$821.3M	$1.3B	$1.2B
Peer median	$609.5M	$768.8M	$782.9M	$871.0M	$1.2B	$929.0M	$1.1B	$864.0M	$1.3B	$1.3B

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	32.1%	31.5%	33.2%	30.0%	28.9%	5.1%	6.4%	5.9%	2.7%	-
LDOS Jan	6.0%	4.4%	6.8%	7.9%	9.4%	6.8%	6.0%	6.3%	7.7%	9.5%
CHRW Dec	3.5%	2.3%	4.5%	5.2%	2.9%	0.3%	6.4%	4.0%	2.7%	5.5%
ITW Dec	14.9%	14.7%	16.6%	18.9%	20.4%	15.6%	12.2%	19.1%	17.9%	16.9%
EMR Sep	16.8%	9.4%	13.1%	13.1%	15.2%	24.5%	19.0%	1.8%	16.7%	14.8%
GWW Dec	7.3%	7.9%	7.3%	7.1%	7.8%	5.2%	7.1%	9.6%	9.1%	7.4%
TXT Jan	3.5%	3.6%	5.3%	5.0%	3.9%	9.9%	8.8%	6.3%	4.7%	6.3%
RSG Dec	-	7.6%	9.8%	9.4%	10.6%	11.0%	11.1%	11.5%	11.3%	12.7%
SWK Jan	7.2%	5.5%	-	8.4%	13.1%	0.9%	−11.7%	5.4%	4.9%	4.5%
EME Dec	2.9%	4.3%	2.8%	3.3%	8.6%	2.9%	4.1%	6.5%	9.2%	7.0%
Peer median	6.6%	5.5%	7.1%	7.9%	9.4%	6.8%	7.1%	6.3%	9.1%	7.4%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	34.3%	43.3%	32.2%	30.7%	19.6%	23.1%	29.8%	29.8%	29.9%	27.8%
LDOS Jan	7.8%	10.9%	17.6%	19.5%	16.3%	17.5%	15.9%	4.7%	28.4%	29.5%
CHRW Dec	40.8%	35.4%	41.7%	34.5%	26.9%	41.8%	69.5%	22.9%	27.0%	31.8%
ITW Dec	47.8%	36.8%	78.7%	83.2%	66.3%	74.3%	98.2%	98.1%	105.2%	95.0%
EMR Sep	21.6%	17.4%	24.6%	28.0%	23.4%	23.3%	31.2%	63.9%	9.1%	11.2%
GWW Dec	33.7%	34.7%	40.7%	45.8%	38.0%	55.7%	63.4%	58.7%	56.8%	45.7%
TXT Jan	17.3%	5.4%	23.5%	14.8%	5.3%	10.9%	12.1%	13.2%	11.4%	11.7%
RSG Dec	-	16.1%	13.1%	13.2%	11.4%	14.4%	15.4%	16.4%	17.9%	17.9%
SWK Jan	15.2%	7.7%	-	10.5%	11.2%	14.6%	10.9%	−3.4%	3.4%	4.4%
EME Dec	11.8%	13.6%	16.3%	15.8%	6.5%	17.0%	20.6%	25.6%	34.3%	34.6%
Peer median	19.4%	16.1%	24.1%	19.5%	16.3%	17.5%	20.6%	22.9%	27.0%	29.5%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	5.12	3.30	3.74	3.27	2.30	1.78	1.64	1.60	1.70	1.77
LDOS Jan	1.05	0.92	0.94	0.87	1.23	1.09	1.07	1.11	1.06	0.95
CHRW Dec	0.99	1.03	0.84	0.74	0.58	0.95	1.46	1.11	0.80	0.59
ITW Dec	1.84	1.81	2.26	2.56	2.55	2.12	2.51	2.71	2.37	2.78
EMR Sep	0.88	0.53	0.53	0.69	0.89	0.67	1.00	0.39	0.36	0.65
GWW Dec	1.26	1.39	1.16	1.19	1.31	1.26	0.95	0.74	0.83	0.70
TXT Jan	-	-	-	-	-	-	-	-	-	-
RSG Dec	-	1.03	1.07	1.08	1.07	1.08	1.23	1.22	1.13	1.15
SWK Jan	0.60	0.54	-	0.38	0.38	0.57	0.77	0.79	0.70	0.65
EME Dec	0.27	0.19	0.17	0.14	0.13	0.12	0.13	0.00	-	-
Peer median	0.99	0.98	0.94	0.81	0.98	1.01	1.04	0.95	0.83	0.70

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
URI Dec	$6.45	$15.73	$13.12	$15.11	$12.20	$19.04	$29.65	$35.28	$38.69	$38.61
LDOS Jan	$2.35	$2.38	$3.80	$4.60	$4.36	$5.27	$4.96	$1.44	$9.22	$11.14
CHRW Dec	$3.59	$3.57	$4.73	$4.19	$3.72	$6.31	$7.40	$2.72	$3.86	$4.83
ITW Dec	$5.70	$4.86	$7.60	$7.74	$6.63	$8.51	$9.77	$9.74	$11.71	$10.49
EMR Sep	$2.52	$2.35	$3.46	$3.71	$3.24	$3.82	$5.41	$22.88	$3.44	$4.00
GWW Dec	$9.87	$10.02	$13.73	$15.32	$12.82	$19.84	$30.06	$36.23	$38.71	$35.40
TXT Jan	$3.53	$1.14	$4.83	-	-	$3.30	$4.01	$4.56	$4.33	$5.11
RSG Dec	-	$3.77	$3.16	$3.33	$3.02	$4.04	$4.69	$5.47	$6.49	$6.85
SWK Jan	$6.53	$3.85	-	$6.11	$7.46	$10.16	$6.76	−$2.07	$1.95	$2.65
EME Dec	$2.97	$3.82	$4.85	$5.75	$2.40	$7.06	$8.10	$13.31	$21.52	$28.19
Peer median	$3.56	$3.77	$4.78	$5.17	$4.04	$6.31	$6.76	$5.47	$6.49	$6.85

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out URI and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

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