United Other Operating Expenses from 2010 to 2024
| URI Stock | USD 628.34 4.54 0.72% |
Other Operating Expenses | First Reported 1997-12-31 | Previous Quarter 2.7 B | Current Value 2.7 B | Quarterly Volatility 594.6 M |
Check United Rentals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Interest Expense of 508 M or Selling General Administrative of 1.6 B, as well as many exotic indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.0113 or PTB Ratio of 5.07. United financial statements analysis is a perfect complement when working with United Rentals Valuation or Volatility modules.
United | Other Operating Expenses |
Latest United Rentals' Other Operating Expenses Growth Pattern
Below is the plot of the Other Operating Expenses of United Rentals over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of United Rentals. It is also known as United Rentals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. United Rentals' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Rentals' overall financial position and show how it may be relating to other accounts over time.
| Other Operating Expenses | 10 Years Trend |
|
Other Operating Expenses |
| Timeline |
United Other Operating Expenses Regression Statistics
| Arithmetic Mean | 5,706,030,000 | |
| Geometric Mean | 4,922,916,281 | |
| Coefficient Of Variation | 50.04 | |
| Mean Deviation | 2,306,885,333 | |
| Median | 5,034,000,000 | |
| Standard Deviation | 2,855,382,950 | |
| Sample Variance | 8153211.8T | |
| Range | 10B | |
| R-Value | 0.97 | |
| Mean Square Error | 453260.2T | |
| R-Squared | 0.95 | |
| Slope | 621,784,821 | |
| Total Sum of Squares | 114144965.1T |
United Other Operating Expenses History
About United Rentals Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include United Rentals income statement, its balance sheet, and the statement of cash flows. United Rentals investors use historical funamental indicators, such as United Rentals's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although United Rentals investors may use each financial statement separately, they are all related. The changes in United Rentals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on United Rentals's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on United Rentals Financial Statements. Understanding these patterns can help to make the right decision on long term investment in United Rentals. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Operating Expenses | 10.5 B | 11 B |
United Rentals Investors Sentiment
The influence of United Rentals' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in United. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to United Rentals' public news can be used to forecast risks associated with an investment in United. The trend in average sentiment can be used to explain how an investor holding United can time the market purely based on public headlines and social activities around United Rentals. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
United Rentals' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for United Rentals' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average United Rentals' news discussions. The higher the estimated score, the more favorable is the investor's outlook on United Rentals.
United Rentals Implied Volatility | 57.55 |
United Rentals' implied volatility exposes the market's sentiment of United Rentals stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if United Rentals' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that United Rentals stock will not fluctuate a lot when United Rentals' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards United Rentals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, United Rentals' short interest history, or implied volatility extrapolated from United Rentals options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:Check out the analysis of United Rentals Correlation against competitors. For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for United Stock analysis
When running United Rentals' price analysis, check to measure United Rentals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Rentals is operating at the current time. Most of United Rentals' value examination focuses on studying past and present price action to predict the probability of United Rentals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Rentals' price. Additionally, you may evaluate how the addition of United Rentals to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |
Is United Rentals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Rentals. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Rentals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.098 | Dividend Share 5.92 | Earnings Share 35.25 | Revenue Per Share 209.318 | Quarterly Revenue Growth 0.131 |
The market value of United Rentals is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Rentals' market value can be influenced by many factors that don't directly affect United Rentals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.