United Rentals Inc (URI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,065,000 | 3,827,000 | 3,232,000 | 2,277,000 | 1,800,000 |
| Revenue | US$ in thousands | 15,345,000 | 14,332,000 | 11,642,000 | 9,716,000 | 8,530,000 |
| Operating profit margin | 26.49% | 26.70% | 27.76% | 23.44% | 21.10% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $4,065,000K ÷ $15,345,000K
= 26.49%
United Rentals Inc has shown a positive trend in its operating profit margin over the past five years, starting at 21.10% on December 31, 2020, and increasing to 26.49% by December 31, 2024. This indicates an improvement in the company's ability to generate profits from its core operations. There was a significant jump in the margin from 2020 to 2022, demonstrating effective cost management or revenue growth strategies implemented by the company during this period. However, there was a slight decrease in the operating profit margin from 2022 to 2023, followed by a modest increase in the subsequent year. Overall, the trend suggests that United Rentals Inc has been efficient in managing its operating expenses and generating profits relative to its sales revenue over the specified period.
Peer comparison
Dec 31, 2024