Stock Analysis on Net

United Rentals Inc. (NYSE:URI)

This company has been moved to the archive! The financial data has not been updated since January 25, 2023.

Income Statement 
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

United Rentals Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Equipment rentals 2,747 2,732 2,462 2,175 2,312 2,277 1,951 1,667 1,854 1,861 1,642 1,783 2,062 2,147 1,960 1,795 1,989 1,861 1,631 1,459
Sales of rental equipment 409 181 164 211 324 183 194 267 275 199 176 208 244 198 197 192 186 140 157 181
Sales of new equipment 39 32 38 45 50 47 57 49 78 54 53 62 79 67 60 62 68 54 44 42
Contractor supplies sales 32 32 33 29 29 29 27 24 25 25 23 25 26 27 27 24 25 24 24 18
Service and other revenues 69 74 74 64 61 60 58 50 47 48 45 47 45 49 46 44 38 37 35 34
Revenues 3,296 3,051 2,771 2,524 2,776 2,596 2,287 2,057 2,279 2,187 1,939 2,125 2,456 2,488 2,290 2,117 2,306 2,116 1,891 1,734
Cost of equipment rentals, excluding depreciation (1,057) (1,053) (1,002) (906) (913) (886) (815) (715) (737) (689) (647) (747) (802) (813) (769) (742) (731) (671) (620) (592)
Depreciation of rental equipment (491) (470) (457) (435) (439) (412) (385) (375) (385) (395) (395) (426) (420) (417) (399) (395) (375) (343) (323) (322)
Cost of rental equipment sales (168) (69) (67) (95) (164) (99) (110) (164) (173) (123) (105) (125) (155) (122) (116) (125) (104) (83) (92) (107)
Cost of new equipment sales (31) (25) (31) (37) (41) (38) (48) (42) (67) (47) (46) (54) (68) (58) (51) (54) (58) (46) (38) (37)
Cost of contractor supplies sales (18) (23) (23) (20) (21) (21) (19) (17) (17) (18) (16) (18) (19) (18) (19) (17) (17) (15) (16) (12)
Cost of service and other revenues (43) (45) (41) (39) (37) (37) (35) (30) (31) (29) (29) (28) (27) (27) (25) (23) (23) (20) (20) (18)
Cost of revenues (1,808) (1,685) (1,621) (1,532) (1,615) (1,493) (1,412) (1,343) (1,410) (1,301) (1,238) (1,398) (1,491) (1,455) (1,379) (1,356) (1,308) (1,178) (1,109) (1,088)
Gross profit 1,488 1,366 1,150 992 1,161 1,103 875 714 869 886 701 727 965 1,033 911 761 998 938 782 646
Selling, general and administrative expenses (378) (356) (343) (323) (322) (326) (301) (250) (258) (232) (222) (267) (268) (273) (271) (280) (302) (265) (239) (232)
Merger related costs (3) (1) (22) (11) (2) (1)
Restructuring charge 1 (1) (1) (1) (6) (6) (3) (2) (2) (2) (6) (8) (16) (9) (4) (2)
Non-rental depreciation and amortization (86) (90) (91) (97) (93) (98) (90) (91) (95) (97) (95) (100) (96) (102) (105) (104) (95) (75) (67) (71)
Operating income 1,024 921 715 572 745 679 481 372 510 551 381 358 599 656 529 368 563 578 470 340
Interest expense, net (132) (106) (113) (94) (93) (132) (100) (99) (125) (278) (130) (136) (170) (147) (180) (151) (142) (118) (112) (109)
Other income (expense), net 3 1 6 5 (8) 3 (4) 2 2 2 4 4 1 2 3 4 1 1
Income before provision for income taxes 895 816 608 483 644 550 377 275 387 275 251 226 433 510 351 220 425 460 359 232
Provision for income taxes (256) (210) (115) (116) (163) (141) (84) (72) (90) (67) (39) (53) (95) (119) (81) (45) (115) (127) (89) (49)
Net income 639 606 493 367 481 409 293 203 297 208 212 173 338 391 270 175 310 333 270 183

Based on: 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. United Rentals Inc. revenues increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.
Operating income The net result for the period of deducting operating expenses from operating revenues. United Rentals Inc. operating income increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.
Income before provision for income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. United Rentals Inc. income before provision for income taxes increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. United Rentals Inc. net income increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.