United Rentals Inc (URI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,065,000 | 4,041,000 | 4,018,000 | 3,939,000 | 3,827,000 | 3,788,000 | 3,610,000 | 3,400,000 | 3,232,000 | 2,953,000 | 2,711,000 | 2,477,000 | 2,277,000 | 2,042,000 | 1,914,000 | 1,814,000 | 1,800,000 | 1,889,000 | 1,994,000 | 2,142,000 |
| Total assets | US$ in thousands | 28,163,000 | 28,412,000 | 27,613,000 | 26,658,000 | 25,589,000 | 25,832,000 | 25,506,000 | 24,629,000 | 24,183,000 | 21,419,000 | 20,820,000 | 20,169,000 | 20,292,000 | 20,306,000 | 19,641,000 | 17,542,000 | 17,868,000 | 17,908,000 | 17,900,000 | 18,868,000 |
| Operating ROA | 14.43% | 14.22% | 14.55% | 14.78% | 14.96% | 14.66% | 14.15% | 13.80% | 13.36% | 13.79% | 13.02% | 12.28% | 11.22% | 10.06% | 9.74% | 10.34% | 10.07% | 10.55% | 11.14% | 11.35% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,065,000K ÷ $28,163,000K
= 14.43%
United Rentals Inc's operating return on assets (ROA) has shown a generally positive trend over the past few years. The ratio has improved steadily from 11.35% in March 2020 to 14.43% in December 2024. This indicates that the company has been able to generate more operating income relative to its total assets.
While there have been some fluctuations in the operating ROA during this period, overall, the trend is upward, suggesting that United Rentals Inc has been effectively utilizing its assets to generate operating profits. The highest operating ROA was recorded in December 2024 at 14.96%, indicating that the company's efficiency and profitability improved towards the end of the period.
Overall, the increasing trend in the operating ROA is a positive indication of United Rentals Inc's operational performance and efficiency in generating profits from its assets. Further analysis of the underlying factors contributing to this improvement could provide insights into the company's strategic management and financial health.
Peer comparison
Dec 31, 2024