United Rentals Inc (URI)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 8,622,000 | 8,130,000 | 7,062,000 | 5,991,000 | 4,545,000 |
| ROE | 29.87% | 29.82% | 29.81% | 23.13% | 19.58% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,575,000K ÷ $8,622,000K
= 29.87%
United Rentals Inc's return on equity (ROE) has shown a positive trend over the years, indicating the company's ability to generate profit from shareholders' equity. The ROE increased from 19.58% in December 2020 to 29.87% by December 2024. This improvement signifies that the company has been able to efficiently utilize its shareholders' funds to generate higher returns. The steady rise in ROE reflects positively on United Rentals Inc's profitability and the management's effectiveness in generating value for shareholders. It also suggests that the company is effectively managing its assets and liabilities to drive profitability and create shareholder wealth. Overall, the increasing trend in ROE demonstrates United Rentals Inc's strong financial performance and may attract investors seeking companies with a proven track record of generating solid returns on equity.
Peer comparison
Dec 31, 2024