United Rentals Inc (URI)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,575,000 | 2,565,000 | 2,560,000 | 2,515,000 | 2,424,000 | 2,384,000 | 2,287,000 | 2,189,000 | 2,105,000 | 1,947,000 | 1,750,000 | 1,550,000 | 1,386,000 | 1,202,000 | 1,001,000 | 920,000 | 890,000 | 931,000 | 1,114,000 | 1,172,000 |
| Total stockholders’ equity | US$ in thousands | 8,622,000 | 8,581,000 | 8,281,000 | 8,120,000 | 8,130,000 | 7,756,000 | 7,414,000 | 7,130,000 | 7,062,000 | 6,353,000 | 6,046,000 | 6,084,000 | 5,991,000 | 5,483,000 | 5,094,000 | 4,745,000 | 4,545,000 | 4,161,000 | 3,907,000 | 3,635,000 |
| ROE | 29.87% | 29.89% | 30.91% | 30.97% | 29.82% | 30.74% | 30.85% | 30.70% | 29.81% | 30.65% | 28.94% | 25.48% | 23.13% | 21.92% | 19.65% | 19.39% | 19.58% | 22.37% | 28.51% | 32.24% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,575,000K ÷ $8,622,000K
= 29.87%
United Rentals Inc's return on equity (ROE) has shown a fluctuating trend over the past few years. The ROE stood at 32.24% as of March 31, 2020, and gradually decreased to 19.58% by December 31, 2020. This drop could indicate a potential decrease in profitability relative to the shareholders' equity during this period.
However, the company's ROE started to show improvement from March 31, 2021, reaching 30.97% by March 31, 2024. This upward trend suggests that United Rentals Inc was able to generate more profits from the shareholders' equity, reflecting a positive performance in utilizing equity to generate returns for investors.
Despite minor fluctuations, the ROE remained relatively stable around the 30% mark from March 31, 2024, through December 31, 2024. This stability could indicate consistent profitability and efficient utilization of equity by the company during this period.
Overall, United Rentals Inc's ROE performance indicates both periods of improvement and stability, emphasizing the company's ability to generate returns for its shareholders and efficiently use equity to drive profitability.
Peer comparison
Dec 31, 2024