United Rentals Inc (URI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,575,000 | 2,424,000 | 2,105,000 | 1,386,000 | 890,000 |
| Revenue | US$ in thousands | 15,345,000 | 14,332,000 | 11,642,000 | 9,716,000 | 8,530,000 |
| Net profit margin | 16.78% | 16.91% | 18.08% | 14.27% | 10.43% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,575,000K ÷ $15,345,000K
= 16.78%
United Rentals Inc's net profit margin has shown a positive trend over the past five years, increasing from 10.43% in December 2020 to 16.78% in December 2024. This indicates that the company has been able to improve its profitability compared to its total revenue during this period. Although there was a slight decrease in the net profit margin in 2023 from the previous year, the overall trend demonstrates a strong performance in terms of generating profits relative to its revenue. An increasing net profit margin signifies effective cost management, pricing strategies, and operational efficiency, which are favorable indicators for investors and stakeholders.
Peer comparison
Dec 31, 2024