--- title: "United Rentals: Metrics Guide" description: "United Rentals revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/united-rentals/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # United Rentals: Financial & Operating Metrics Guide ## Direct Answer United Rentals reported revenue of $16.1 billion for the fiscal year ended December 31, 2025, with an operating margin of 24.7% and net income of $2.5 billion, according to its SEC filings. Revenue grew 4.9% from the prior year. ## What Are United Rentals's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $16.1 billion | $15.3 billion | $14.3 billion | $11.6 billion | | Operating income | $4.0 billion | $4.1 billion | $3.8 billion | $3.2 billion | | Operating margin | 24.7% | 26.5% | 26.7% | 27.8% | | Net income | $2.5 billion | $2.6 billion | $2.4 billion | $2.1 billion | | Net margin | 15.5% | 16.8% | 16.9% | 18.1% | | Operating cash flow | $5.2 billion | $4.5 billion | $4.7 billion | $4.4 billion | | Capital expenditures | Not reported | $4.1 billion | $3.9 billion | $3.7 billion | | Free cash flow | Not reported | $416 million | $840 million | $743 million | Operating margin narrowed by 1.8 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. ![Bar chart of United Rentals revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $16.1 billion, operating income $4.0 billion and net income $2.5 billion.](https://www.getswoopr.com/images/charts/united-rentals-metrics-revenue-profit.webp) *United Rentals revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of United Rentals operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 24.7% and net margin was 15.5%.](https://www.getswoopr.com/images/charts/united-rentals-metrics-margins.webp) *United Rentals operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of United Rentals operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $5.2 billion, capital expenditures was not reported, free cash flow was not reported.](https://www.getswoopr.com/images/charts/united-rentals-metrics-cash-flow.webp) *United Rentals operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does United Rentals's Balance Sheet Show? | Cash and cash equivalents | $459 million | | --- | --- | | Long-term debt | $14.3 billion | | Total assets | $29.9 billion | | Total liabilities | $20.9 billion | | Shareholders' equity | $9.0 billion | | Current ratio | 0.9x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value United Rentals reported in its own SEC filings, read from the SEC's XBRL data (accession 0001067701-26-000007 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was United Rentals's revenue in fiscal 2025? United Rentals reported revenue of $16.1 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is United Rentals's operating margin? United Rentals's operating margin was 24.7% in fiscal 2025: operating income of $4.0 billion on revenue of $16.1 billion. ### How much free cash flow did United Rentals generate? United Rentals did not report both operating cash flow and capital expenditures under the standard tags for fiscal 2025, so free cash flow is not computed here. ## References - [SEC EDGAR: UNITED RENTALS, INC. Form 10-K filed January 28, 2026](https://www.sec.gov/Archives/edgar/data/1067701/000106770126000007/uri-20251231.htm) - [SEC EDGAR: UNITED RENTALS, INC. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1067701&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [United Rentals company dossier](https://www.getswoopr.com/stocks/companies/united-rentals/) - [United Rentals financial metrics](https://www.getswoopr.com/stocks/companies/united-rentals/metrics/) - [United Rentals financial risk indicators](https://www.getswoopr.com/stocks/companies/united-rentals/risks/) - [United Rentals peer comparison](https://www.getswoopr.com/stocks/companies/united-rentals/competitors/) - [United Rentals business model and revenue mix](https://www.getswoopr.com/stocks/companies/united-rentals/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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