United Historical Income Statement
URI Stock | USD 720.15 15.34 2.18% |
Historical analysis of United Rentals income statement accounts such as Depreciation And Amortization of 2.9 B, Interest Expense of 508 M, Selling General Administrative of 1.6 B or Total Revenue of 15 B can show how well United Rentals performed in making a profits. Evaluating United Rentals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of United Rentals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining United Rentals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether United Rentals is a good buy for the upcoming year.
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About United Income Statement Analysis
United Rentals Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to United Rentals shareholders. The income statement also shows United investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
United Rentals Income Statement Chart
United Rentals Income Statement is one of the three primary financial statements used for reporting United's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of United Rentals revenue and expense. United Rentals Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, United Rentals' Gross Profit is increasing as compared to previous years. The United Rentals' current Other Operating Expenses is estimated to increase to about 11 B, while Interest Expense is projected to decrease to under 508 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts United Rentals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of United Rentals minus its cost of goods sold. It is profit before United Rentals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
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. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from United Rentals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into United Rentals current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.As of now, United Rentals' Gross Profit is increasing as compared to previous years. The United Rentals' current Other Operating Expenses is estimated to increase to about 11 B, while Interest Expense is projected to decrease to under 508 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 424M | 445M | 635M | 508.0M | Depreciation And Amortization | 2.0B | 2.2B | 2.8B | 2.9B |
United Rentals income statement Correlations
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United Rentals Account Relationship Matchups
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United Rentals income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.1B | 2.0B | 2.0B | 2.2B | 2.8B | 2.9B | |
Interest Expense | 648M | 669M | 424M | 445M | 635M | 508.0M | |
Selling General Administrative | 1.1B | 979M | 1.2B | 1.4B | 1.5B | 1.6B | |
Total Revenue | 9.4B | 8.5B | 9.7B | 11.6B | 14.3B | 15.0B | |
Gross Profit | 3.7B | 3.2B | 3.9B | 5.0B | 5.8B | 6.1B | |
Other Operating Expenses | 7.2B | 6.7B | 7.4B | 8.4B | 10.5B | 11.0B | |
Operating Income | 2.2B | 1.8B | 2.3B | 3.2B | 3.8B | 4.0B | |
Ebit | 2.2B | 1.8B | 2.3B | 3.2B | 3.9B | 4.1B | |
Ebitda | 4.2B | 3.8B | 4.3B | 5.5B | 6.7B | 7.0B | |
Cost Of Revenue | 5.7B | 5.3B | 5.9B | 6.6B | 8.5B | 8.9B | |
Total Operating Expenses | 1.5B | 1.4B | 1.6B | 1.8B | 2.0B | 1.0B | |
Income Before Tax | 1.5B | 1.1B | 1.8B | 2.8B | 3.2B | 3.4B | |
Total Other Income Expense Net | (475M) | (638M) | (661M) | (431M) | (430M) | (9.5M) | |
Net Income | 1.2B | 890M | 1.4B | 2.1B | 2.4B | 2.5B | |
Income Tax Expense | 340M | 249M | 460M | 697M | 787M | 826.4M | |
Net Income Applicable To Common Shares | 1.2B | 890M | 1.4B | 2.1B | 2.4B | 2.5B | |
Net Income From Continuing Ops | 1.2B | 890M | 1.4B | 2.1B | 2.4B | 1.5B | |
Non Recurring | 67M | 19M | 17M | 5M | 5.8M | 5.5M | |
Non Operating Income Net Other | 10M | 8M | (7M) | 15M | 13.5M | 14.2M | |
Tax Provision | 340M | 249M | 460M | 697M | 820M | 411.8M | |
Interest Income | 648M | 669M | 424M | 445M | 400.5M | 420.9M | |
Net Interest Income | (648M) | (669M) | (424M) | (445M) | (606M) | (636.3M) | |
Reconciled Depreciation | 2.0B | 2.0B | 2.0B | 2.2B | 2.7B | 2.2B |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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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.
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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 35.31 | 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.