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.
 
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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.
  
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.

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.

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 Expense424M445M635M508.0M
Depreciation And Amortization2.0B2.2B2.8B2.9B

United Rentals income statement Correlations

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Click cells to compare fundamentals

United Rentals Account Relationship Matchups

United Rentals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.1B2.0B2.0B2.2B2.8B2.9B
Interest Expense648M669M424M445M635M508.0M
Selling General Administrative1.1B979M1.2B1.4B1.5B1.6B
Total Revenue9.4B8.5B9.7B11.6B14.3B15.0B
Gross Profit3.7B3.2B3.9B5.0B5.8B6.1B
Other Operating Expenses7.2B6.7B7.4B8.4B10.5B11.0B
Operating Income2.2B1.8B2.3B3.2B3.8B4.0B
Ebit2.2B1.8B2.3B3.2B3.9B4.1B
Ebitda4.2B3.8B4.3B5.5B6.7B7.0B
Cost Of Revenue5.7B5.3B5.9B6.6B8.5B8.9B
Total Operating Expenses1.5B1.4B1.6B1.8B2.0B1.0B
Income Before Tax1.5B1.1B1.8B2.8B3.2B3.4B
Total Other Income Expense Net(475M)(638M)(661M)(431M)(430M)(9.5M)
Net Income1.2B890M1.4B2.1B2.4B2.5B
Income Tax Expense340M249M460M697M787M826.4M
Net Income Applicable To Common Shares1.2B890M1.4B2.1B2.4B2.5B
Net Income From Continuing Ops1.2B890M1.4B2.1B2.4B1.5B
Non Recurring67M19M17M5M5.8M5.5M
Non Operating Income Net Other10M8M(7M)15M13.5M14.2M
Tax Provision340M249M460M697M820M411.8M
Interest Income648M669M424M445M400.5M420.9M
Net Interest Income(648M)(669M)(424M)(445M)(606M)(636.3M)
Reconciled Depreciation2.0B2.0B2.0B2.2B2.7B2.2B

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

    
  40.04  
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 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.