United Total Operating Expenses vs Net Income From Continuing Ops Analysis

URI Stock

USD 690.80 0.12 0.02%

United Rentals financial indicator trend analysis is much more than just breaking down United Rentals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Rentals is a good investment. Please check the relationship between United Rentals Total Operating Expenses and its Net Income From Continuing Ops accounts. 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.

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Rentals Total Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.

The correlation between United Rentals' Total Operating Expenses and Net Income From Continuing Ops is 0.75. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of United Rentals, assuming nothing else is changed. The correlation between historical values of United Rentals' Total Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of United Rentals are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Operating Expenses i.e., United Rentals' Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income From Continuing Ops

Most indicators from United Rentals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Selling General Administrative is increasing as compared to previous years. The United Rentals' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Tax Provision is projected to decrease to under 411.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	424M	445M	635M	508.0M
Depreciation And Amortization	2.0B	2.2B	2.8B	2.9B

Interest Expense Depreciation And Amortization

United Rentals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Non Currrent Assets Other	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.78	0.96	0.95	0.99	0.77	0.93	0.91	0.49	1.0	0.49	0.99	-0.45	0.79	0.8	0.22	-0.84	0.98	0.92	0.98	-0.06	-0.1	0.65	0.65	0.88	0.23
Short Long Term Debt Total	0.78		0.64	0.6	0.72	1.0	0.58	0.61	0.23	0.78	0.23	0.72	-0.13	0.99	0.7	0.3	-0.51	0.84	0.53	0.7	0.09	-0.09	0.65	0.66	0.63	0.49
Total Current Liabilities	0.96	0.64		0.95	0.97	0.64	0.93	0.88	0.54	0.95	0.54	0.97	-0.49	0.64	0.71	0.07	-0.85	0.92	0.97	0.96	-0.11	-0.01	0.71	0.7	0.84	0.13
Total Stockholder Equity	0.95	0.6	0.95		0.97	0.6	0.99	0.95	0.49	0.95	0.49	0.96	-0.61	0.62	0.84	0.23	-0.91	0.88	0.95	0.96	-0.19	-0.11	0.52	0.51	0.87	0.11
Property Plant And Equipment Net	0.99	0.72	0.97	0.97		0.72	0.96	0.93	0.49	0.99	0.49	1.0	-0.52	0.74	0.82	0.23	-0.89	0.96	0.94	0.98	-0.15	-0.12	0.64	0.63	0.91	0.18
Net Debt	0.77	1.0	0.64	0.6	0.72		0.58	0.61	0.2	0.78	0.2	0.72	-0.13	0.99	0.7	0.31	-0.51	0.84	0.52	0.7	0.09	-0.09	0.64	0.65	0.62	0.49
Retained Earnings	0.93	0.58	0.93	0.99	0.96	0.58		0.92	0.47	0.93	0.47	0.95	-0.7	0.6	0.83	0.25	-0.97	0.85	0.94	0.94	-0.28	-0.23	0.49	0.48	0.91	0.14
Accounts Payable	0.91	0.61	0.88	0.95	0.93	0.61	0.92		0.33	0.91	0.33	0.93	-0.55	0.65	0.89	0.34	-0.84	0.84	0.86	0.93	-0.27	-0.01	0.5	0.5	0.8	0.03
Cash	0.49	0.23	0.54	0.49	0.49	0.2	0.47	0.33		0.48	1.0	0.49	-0.08	0.24	0.15	-0.21	-0.39	0.47	0.6	0.57	0.01	-0.12	0.54	0.53	0.54	-0.05
Non Current Assets Total	1.0	0.78	0.95	0.95	0.99	0.78	0.93	0.91	0.48		0.48	0.99	-0.44	0.8	0.8	0.22	-0.84	0.98	0.91	0.98	-0.05	-0.11	0.65	0.64	0.89	0.24
Cash And Short Term Investments	0.49	0.23	0.54	0.49	0.49	0.2	0.47	0.33	1.0	0.48		0.49	-0.08	0.24	0.15	-0.21	-0.39	0.47	0.6	0.57	0.01	-0.12	0.54	0.53	0.54	-0.05
Net Receivables	0.99	0.72	0.97	0.96	1.0	0.72	0.95	0.93	0.49	0.99	0.49		-0.52	0.73	0.8	0.18	-0.88	0.96	0.95	0.98	-0.13	-0.13	0.64	0.64	0.9	0.19
Common Stock Shares Outstanding	-0.45	-0.13	-0.49	-0.61	-0.52	-0.13	-0.7	-0.55	-0.08	-0.44	-0.08	-0.52		-0.13	-0.57	-0.34	0.82	-0.32	-0.54	-0.45	0.64	0.46	-0.03	-0.03	-0.62	-0.21
Non Current Liabilities Total	0.79	0.99	0.64	0.62	0.74	0.99	0.6	0.65	0.24	0.8	0.24	0.73	-0.13		0.74	0.35	-0.53	0.85	0.53	0.72	0.05	-0.08	0.64	0.65	0.65	0.44
Inventory	0.8	0.7	0.71	0.84	0.82	0.7	0.83	0.89	0.15	0.8	0.15	0.8	-0.57	0.74		0.47	-0.8	0.73	0.69	0.79	-0.29	-0.1	0.37	0.37	0.73	0.11
Other Current Assets	0.22	0.3	0.07	0.23	0.23	0.31	0.25	0.34	-0.21	0.22	-0.21	0.18	-0.34	0.35	0.47		-0.29	0.21	0.02	0.24	-0.5	0.05	0.06	0.07	0.18	0.15
Other Stockholder Equity	-0.84	-0.51	-0.85	-0.91	-0.89	-0.51	-0.97	-0.84	-0.39	-0.84	-0.39	-0.88	0.82	-0.53	-0.8	-0.29		-0.76	-0.88	-0.84	0.42	0.37	-0.42	-0.41	-0.91	-0.18
Total Liab	0.98	0.84	0.92	0.88	0.96	0.84	0.85	0.84	0.47	0.98	0.47	0.96	-0.32	0.85	0.73	0.21	-0.76		0.85	0.95	0.02	-0.08	0.71	0.71	0.85	0.29
Property Plant And Equipment Gross	0.92	0.53	0.97	0.95	0.94	0.52	0.94	0.86	0.6	0.91	0.6	0.95	-0.54	0.53	0.69	0.02	-0.88	0.85		0.94	-0.14	-0.09	0.63	0.62	0.86	-0.02
Total Current Assets	0.98	0.7	0.96	0.96	0.98	0.7	0.94	0.93	0.57	0.98	0.57	0.98	-0.45	0.72	0.79	0.24	-0.84	0.95	0.94		-0.12	-0.01	0.68	0.68	0.86	0.11
Intangible Assets	-0.06	0.09	-0.11	-0.19	-0.15	0.09	-0.28	-0.27	0.01	-0.05	0.01	-0.13	0.64	0.05	-0.29	-0.5	0.42	0.02	-0.14	-0.12		0.17	-0.15	-0.16	-0.25	0.03
Non Currrent Assets Other	-0.1	-0.09	-0.01	-0.11	-0.12	-0.09	-0.23	-0.01	-0.12	-0.11	-0.12	-0.13	0.46	-0.08	-0.1	0.05	0.37	-0.08	-0.09	-0.01	0.17		0.27	0.27	-0.47	-0.45
Common Stock Total Equity	0.65	0.65	0.71	0.52	0.64	0.64	0.49	0.5	0.54	0.65	0.54	0.64	-0.03	0.64	0.37	0.06	-0.42	0.71	0.63	0.68	-0.15	0.27		1.0	0.51	0.06
Common Stock	0.65	0.66	0.7	0.51	0.63	0.65	0.48	0.5	0.53	0.64	0.53	0.64	-0.03	0.65	0.37	0.07	-0.41	0.71	0.62	0.68	-0.16	0.27	1.0		0.5	0.06
Other Liab	0.88	0.63	0.84	0.87	0.91	0.62	0.91	0.8	0.54	0.89	0.54	0.9	-0.62	0.65	0.73	0.18	-0.91	0.85	0.86	0.86	-0.25	-0.47	0.51	0.5		0.26
Other Assets	0.23	0.49	0.13	0.11	0.18	0.49	0.14	0.03	-0.05	0.24	-0.05	0.19	-0.21	0.44	0.11	0.15	-0.18	0.29	-0.02	0.11	0.03	-0.45	0.06	0.06	0.26

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United Rentals Account Relationship Matchups

United Rentals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.0B	17.9B	20.3B	24.2B	25.6B	26.9B
Short Long Term Debt Total	12.0B	10.2B	10.3B	12.0B	12.7B	6.6B
Total Current Liabilities	2.2B	1.9B	2.6B	2.4B	3.6B	3.8B
Total Stockholder Equity	3.8B	4.5B	6.0B	7.1B	8.1B	8.5B
Property Plant And Equipment Net	11.1B	10.0B	12.0B	14.9B	16.0B	16.8B
Net Debt	11.9B	10.0B	10.2B	11.9B	12.3B	6.4B
Retained Earnings	5.3B	6.2B	7.6B	9.7B	11.7B	12.3B
Accounts Payable	454M	466M	816M	1.1B	905M	950.3M
Cash	43M	52M	202M	144M	363M	381.2M
Non Current Assets Total	17.1B	15.9B	18.1B	21.5B	22.7B	23.8B
Cash And Short Term Investments	43M	52M	202M	144M	363M	381.2M
Net Receivables	1.5B	1.3B	1.7B	2.0B	2.2B	2.3B
Common Stock Shares Outstanding	77.7M	72.9M	72.8M	71.0M	68.7M	68.2M
Liabilities And Stockholders Equity	19.0B	17.9B	20.3B	24.2B	25.6B	26.9B
Non Current Liabilities Total	12.9B	11.4B	11.7B	14.7B	13.8B	7.5B
Inventory	120M	125M	164M	232M	205M	112.3M
Other Current Assets	140M	375M	166M	381M	62M	58.9M
Other Stockholder Equity	(1.3B)	(1.5B)	(1.4B)	(2.3B)	(3.3B)	(3.1B)
Total Liab	15.1B	13.3B	14.3B	17.1B	17.5B	18.3B
Property Plant And Equipment Gross	11.1B	10.0B	12.0B	14.9B	24.8B	26.0B
Total Current Assets	1.8B	2.0B	2.2B	2.7B	2.9B	3.1B
Accumulated Other Comprehensive Income	(186M)	(146M)	(171M)	(264M)	(228M)	(216.6M)
Intangible Assets	895M	648M	615M	452M	670M	806.4M
Non Currrent Assets Other	19M	38M	42M	47M	43M	40.9M
Other Liab	2.0B	1.9B	2.3B	2.8B	3.2B	3.4B
Other Assets	9.8B	8.7B	10.6B	47M	54.1M	51.3M
Long Term Debt	10.4B	9.0B	8.8B	11.1B	10.1B	6.4B
Good Will	5.2B	5.2B	5.5B	6.0B	5.9B	3.0B
Property Plant Equipment	604M	1.3B	1.4B	14.9B	17.2B	18.0B
Other Current Liab	692M	669M	798M	1.0B	880M	924M
Current Deferred Revenue	55M	51M	83M	131M	138M	144.9M
Short Term Debt	997M	704M	906M	161M	1.7B	1.8B
Retained Earnings Total Equity	5.3B	6.2B	7.6B	9.7B	11.1B	11.7B
Deferred Long Term Liab	1.9B	1.8B	2.2B	2.7B	3.1B	1.7B
Treasury Stock	(2.1B)	(2.9B)	(3.7B)	(4.0B)	(3.6B)	(3.4B)
Net Tangible Assets	(2.2B)	4.5B	6.0B	7.1B	8.1B	8.5B
Long Term Debt Total	10.4B	9.0B	8.8B	11.2B	12.9B	9.9B

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

66.38

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.

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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.

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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:

How To Invest In United

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Is United Stock a good investment?

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What is United Rentals' Net Worth?

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Largest Trading Companies & Distributors Companies

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Largest Rental & Leasing Services Companies

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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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

35.25

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.

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United Total Operating Expenses vs Net Income From Continuing Ops Analysis

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Net Income From Continuing Ops

United Rentals fundamental ratios Correlations

United Rentals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

United Rentals fundamental ratios Accounts

United Rentals Investors Sentiment

United Rentals Implied Volatility

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Net Receivables	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets

Other Stockholder Equity	- 0.97	Retained Earnings
Other Liab	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Total Stockholder Equity
Other Stockholder Equity	- 0.89	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.88	Net Receivables