# United Rentals Returns

NYSE: URI · Reporting currency: USD

[Interactive page](https://beanvest.com/stock/uri/returns) · [JSON with these options](https://beanvest.com/stock/uri/returns.json?range=5Y&deductSbc=false&limit=200&offset=0&frequency=quarterly&wacc=7.7) · [Raw filing inputs](https://beanvest.com/api/v2/financials/uri)

Frequency: quarterly. Newest first. Retrieved: 2026-09-28T18:23:16.063Z.
Coverage: 2011-06-30 to 2026-06-30. Rows 1–61 of 61.
Snapshot checked: 2026-10-18T16:48:35.628Z. Last validated: 2026-10-18T16:48:35.628Z.

## Definitions

- **ROIC** (`roic`, percent): NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- **ROCE** (`roce`, percent): Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- **ROIIC** (`roiic`, percent): Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- **ROE** (`roe`, percent): Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- **ROA** (`roa`, percent): Net income / average total assets × 100, using period end and one year earlier.
- **ROIC − WACC** (`roic_wacc`, percentage_points): ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.

## Values

| Period | End date | ROIC (percent) | ROCE (percent) | ROIIC (percent) | ROE (percent) | ROA (percent) | ROIC − WACC (percentage_points) |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-Q2 | 2026-06-30 | 13.837606447934576 | 16.13782702012878 | 8.05060600653679 | 28.895339284736295 | 8.717779246530073 | 6.1376064479345755 |
| 2026-Q1 | 2026-03-31 | 13.773308710738505 | 16.146510186536577 | -0.6474827884967613 | 28.23675170355353 | 8.654078497704443 | 6.073308710738504 |
| 2025-Q4 | 2025-12-31 | 13.398825430986253 | 15.614990076050859 | -10.377137844102416 | 28.35702103467879 | 8.595702148925536 | 5.698825430986253 |
| 2025-Q3 | 2025-09-30 | 13.62411431581331 | 15.955414012738853 | -5.211647739446434 | 28.781070473806952 | 8.652974673803376 | 5.92411431581331 |
| 2025-Q2 | 2025-06-30 | 14.139395332417983 | 16.475897435897437 | -3.233843115391681 | 29.3023793023793 | 8.930111406395747 | 6.439395332417983 |
| 2025-Q1 | 2025-03-31 | 14.68977912471075 | 16.895899053627762 | 3.7045683584021756 | 30.17328050150807 | 9.3258755575053 | 6.98977912471075 |
| 2024-Q4 | 2024-12-31 | 15.124064904780324 | 17.374764917079844 | 8.771762472252837 | 30.742597898758355 | 9.58103884506623 | 7.424064904780324 |
| 2024-Q3 | 2024-09-30 | 14.956141326749215 | 17.363841443764098 | 12.383417845353643 | 31.401114035624655 | 9.457267163188556 | 7.256141326749215 |
| 2024-Q2 | 2024-06-30 | 15.304830428640908 | 17.72386413762682 | 23.08877367315925 | 32.6218540936604 | 9.638735668969673 | 7.604830428640908 |
| 2024-Q1 | 2024-03-31 | 15.428078191722966 | 17.260039874679578 | 30.780390798973688 | 32.98360655737705 | 9.80755357108039 | 7.7280781917229655 |
| 2023-Q4 | 2023-12-31 | 15.362641188124881 | 17.51888303959716 | 48.06927761077753 | 31.911532385466035 | 9.74041629832034 | 7.662641188124881 |
| 2023-Q3 | 2023-09-30 | 15.795874290154932 | 18.33760952703684 | 17.045527510286 | 33.794032178042386 | 10.09079172927557 | 8.095874290154931 |
| 2023-Q2 | 2023-06-30 | 15.366123592521962 | 17.830242264095027 | 18.252555350945705 | 33.98216939078752 | 9.873505159089929 | 7.666123592521962 |
| 2023-Q1 | 2023-03-31 | 14.963165574224496 | 17.03364144184765 | 21.376374542204655 | 33.13152716815499 | 9.772757712397876 | 7.263165574224495 |
| 2022-Q4 | 2022-12-31 | 14.342472185867255 | 16.39485631673726 | 25.713561190434646 | 32.25312188768865 | 9.465992130410344 | 6.642472185867255 |
| 2022-Q3 | 2022-09-30 | 14.330886389953712 | 16.08869759459533 | 77.08112844753362 | 32.899628252788105 | 9.332534451767525 | 6.630886389953711 |
| 2022-Q2 | 2022-06-30 | 13.518626204963233 | 15.105588677773444 | 70.1680567671398 | 31.41831238779174 | 8.650305232198907 | 5.818626204963233 |
| 2022-Q1 | 2022-03-31 | 12.88219453125367 | 14.88894899768581 | 24.16364629051835 | 28.626835349524427 | 8.220413142054042 | 5.18219453125367 |
| 2021-Q4 | 2021-12-31 | 11.568157909698034 | 13.526598746547064 | 20.113025186175395 | 26.30979498861048 | 7.264150943396226 | 3.8681579096980334 |
| 2021-Q3 | 2021-09-30 | 10.542038019660202 | 12.174327788708043 | 4.928535304294771 | 24.927416009954374 | 6.29088815617313 | 2.842038019660202 |
| 2021-Q2 | 2021-06-30 | 10.020119063813189 | 11.573346232918128 | -14.492417009924294 | 22.241973114098435 | 5.33283609919821 | 2.3201190638131886 |
| 2021-Q1 | 2021-03-31 | 9.939020410224598 | 11.138059128726246 | Unavailable | 21.957040572792362 | 5.053556715188135 | 2.2390204102245983 |
| 2020-Q4 | 2020-12-31 | 9.623324054114198 | 10.992366412213741 | Unavailable | 21.253731343283583 | 4.831966990607524 | 1.9233240541141976 |
| 2020-Q3 | 2020-09-30 | 10.133145035784025 | 11.534469072479697 | Unavailable | 23.838176929970555 | 4.990217886527484 | 2.433145035784025 |
| 2020-Q2 | 2020-06-30 | 10.684062713885336 | 12.274168231202488 | Unavailable | 30.16926201760325 | 6.030259560992773 | 2.9840627138853355 |
| 2020-Q1 | 2020-03-31 | 11.141356832448094 | 12.895845875978326 | Unavailable | 33.4379457917261 | 6.258343568110216 | 3.4413568324480943 |
| 2019-Q4 | 2019-12-31 | 11.00995553176347 | 13.12635335020891 | 222.23624552672655 | 32.46232545278585 | 6.328329245613562 | 3.30995553176347 |
| 2019-Q3 | 2019-09-30 | 11.259629152353211 | 13.638853975313417 | Unavailable | 32.81786941580756 | 6.409575211834782 | 3.559629152353211 |
| 2019-Q2 | 2019-06-30 | 11.226280630283432 | 13.868190942805622 | Unavailable | 32.761216501053894 | 6.370955936173328 | 3.5262806302834315 |
| 2019-Q1 | 2019-03-31 | 10.956399153999765 | 13.464874978737882 | Unavailable | 33.82558681796984 | 6.53964056019715 | 3.256399153999765 |
| 2018-Q4 | 2018-12-31 | 10.61287152192426 | 13.281595697607134 | Unavailable | 33.67644799508373 | 6.6097759551307185 | 2.9128715219242602 |
| 2018-Q3 | 2018-09-30 | Unavailable | 14.101684579617348 | Unavailable | 60.70333633904419 | 11.183467340022593 | Unavailable |
| 2018-Q2 | 2018-06-30 | Unavailable | 14.087390966051025 | Unavailable | 60.60250391236307 | 10.911524373062836 | Unavailable |
| 2018-Q1 | 2018-03-31 | Unavailable | 13.502038043478262 | Unavailable | 59.03138640615256 | 10.71293851376839 | Unavailable |
| 2017-Q4 | 2017-12-31 | Unavailable | 12.47206819498469 | Unavailable | 56.62599915860328 | 9.963727885113629 | Unavailable |
| 2017-Q3 | 2017-09-30 | 9.364131228168395 | 12.678524489617104 | 5.6600175417248835 | 32.10666666666667 | 4.627387678235135 | 1.6641312281683946 |
| 2017-Q2 | 2017-06-30 | 9.420342129435925 | 12.739256049115205 | 0.8013555988588738 | 34.20289855072463 | 4.644937805070068 | 1.7203421294359247 |
| 2017-Q1 | 2017-03-31 | 10.063593314424143 | 13.466286799620134 | Unavailable | 35.83282114320836 | 4.9394221808014915 | 2.3635933144241426 |
| 2016-Q4 | 2016-12-31 | 9.481486216956373 | 13.069178904590375 | Unavailable | 36.23559539052496 | 4.702754351709526 | 1.781486216956373 |
| 2016-Q3 | 2016-09-30 | 8.96729220000639 | 12.855579868708972 | Unavailable | 38.3399209486166 | 4.67977324810035 | 1.2672922000063904 |
| 2016-Q2 | 2016-06-30 | 9.438897593683341 | 13.348740466836146 | Unavailable | 41.31391804944124 | 4.93427704752275 | 1.7388975936833413 |
| 2016-Q1 | 2016-03-31 | 9.717646218586898 | 13.833286345268302 | Unavailable | 37.52921535893155 | 4.670489487243414 | 2.017646218586898 |
| 2015-Q4 | 2015-12-31 | 9.631307459504729 | 13.901735427446313 | Unavailable | 35.75794621026895 | 4.765784114052953 | 1.9313074595047288 |
| 2015-Q3 | 2015-09-30 | 9.815304769337166 | 14.147880561525447 | 129.34455611608846 | 36.85800604229607 | 4.864239862844384 | 2.1153047693371656 |
| 2015-Q2 | 2015-06-30 | 9.801925133220786 | 14.008462104488595 | 845.88472816027 | 36.145320197044335 | 4.682514358647096 | 2.101925133220786 |
| 2015-Q1 | 2015-03-31 | 10.418304863040543 | 14.113927082834282 | 29.692720528011808 | 35.984275778651345 | 5.0575885077988865 | 2.718304863040543 |
| 2014-Q4 | 2014-12-31 | 9.545194617056154 | 13.289385688353875 | 22.468805704099807 | 29.80132450331126 | 4.557346611528399 | 1.845194617056154 |
| 2014-Q3 | 2014-09-30 | 8.784695427049364 | 12.487459991401137 | 27.886469180973805 | 27.613636363636363 | 4.042252349663145 | 1.0846954270493638 |
| 2014-Q2 | 2014-06-30 | 8.513819447987348 | 11.948178929357125 | 17.92489483831811 | 25.857988165680474 | 3.6733493044172656 | 0.8138194479873482 |
| 2014-Q1 | 2014-03-31 | 8.497198320218136 | 11.645852370799066 | 310.0203985588194 | 25.21456052086416 | 3.84337784193432 | 0.7971983202181354 |
| 2013-Q4 | 2013-12-31 | 7.8484365622995265 | 10.988786952089704 | 232.33806818181824 | 22.960545832097303 | 3.4775576223210676 | 0.1484365622995263 |
| 2013-Q3 | 2013-09-30 | 7.4552304272770415 | 9.906742088365693 | 108.33688943604618 | 17.988757026858213 | 2.553757481711372 | -0.24476957272295863 |
| 2013-Q2 | 2013-06-30 | 7.283656198452788 | 8.901584004154765 | 264.769775807806 | 14.640698455339155 | 1.9579665888270161 | -0.41634380154721207 |
| 2013-Q1 | 2013-03-31 | 7.504141545673996 | 8.26425362272986 | 10.169520016037135 | 10.024154589371982 | 0.9111867383906027 | -0.1958584543260038 |
| 2012-Q4 | 2012-12-31 | 8.5654822178077 | 9.124594719777674 | 4.5335043280002445 | 9.334163036714374 | 0.9888588568791614 | 0.8654822178077 |
| 2012-Q3 | 2012-09-30 | 4.735901186413131 | 7.4579498571881935 | Unavailable | 8.34990059642147 | 0.8401680336067214 | -2.964098813586869 |
| 2012-Q2 | 2012-06-30 | 3.560116124799891 | 6.395947122615373 | Unavailable | 8 | 0.7385524372230428 | -4.139883875200109 |
| 2012-Q1 | 2012-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2011-Q4 | 2011-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2011-Q3 | 2011-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2011-Q2 | 2011-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |

## Unavailable values

- roiic: Invested capital did not increase versus the prior year. ROIIC requires a positive increase.
- roiic: NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
- roic: NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
- roic_wacc: NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
- roiic: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- roic: The matching period one year earlier is unavailable.
- roce: The matching period one year earlier is unavailable.
- roiic: The matching period one year earlier is unavailable.
- roe: The matching period one year earlier is unavailable.
- roa: The matching period one year earlier is unavailable.
- roic_wacc: The matching period one year earlier is unavailable.
- roic: A complete trailing 12-month reporting basis is unavailable.
- roce: A complete trailing 12-month reporting basis is unavailable.
- roiic: A complete trailing 12-month reporting basis is unavailable.
- roe: A complete trailing 12-month reporting basis is unavailable.
- roa: A complete trailing 12-month reporting basis is unavailable.
- roic_wacc: A complete trailing 12-month reporting basis is unavailable.

WACC scenario: 7.7%. Default: 7.7% (US nonfinancial market · generic proxy). [NYU Stern · January 2026](https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/wacc.html).

## Sources

- [sec-0001067701-5ddcf2df8f2e](https://data.sec.gov/api/xbrl/companyfacts/CIK0001067701.json) · Retrieved 2026-09-28T07:37:41.538Z · SHA-256 5ddcf2df8f2e74caa52a12353f0481cab3474d4886857cc84e286855752a1d9a
- [inline-0001067701-251f5cd6f995](https://www.sec.gov/Archives/edgar/data/1067701/000106770126000026/uri-20260630.htm) · Retrieved 2026-09-28T07:37:41.538Z · SHA-256 251f5cd6f995b1f35f073f23907513030bb721a3dbabbf090bf888013bfa1ec9
- [inline-0001067701-e005542064f5](https://www.sec.gov/Archives/edgar/data/1067701/000106770126000007/uri-20251231.htm) · Retrieved 2026-10-17T11:10:55.422Z · SHA-256 e005542064f51803c9cbee6f37d9998cd0b149e8e9ad1a7de6f133339dc2548b
- [inline-0001067701-270b2bb36018](https://www.sec.gov/Archives/edgar/data/1067701/000106770124000007/uri-20231231.htm) · Retrieved 2026-10-17T11:10:55.422Z · SHA-256 270b2bb36018f29ab3e2ec17db0f5fd3b3bf6724735a74674c46219d7e1e6a5a
- [inline-0001067701-656f47034992](https://www.sec.gov/Archives/edgar/data/1067701/000106770126000007/uri-20251231.htm) · Retrieved 2026-10-18T12:26:33.771Z · SHA-256 656f47034992c494b0dd7dbb4a68b4cc777e25aa88bd0f27880d59c62126954d
- [inline-0001067701-6475024f3a01](https://www.sec.gov/Archives/edgar/data/1067701/000106770124000007/uri-20231231.htm) · Retrieved 2026-10-18T12:26:33.771Z · SHA-256 6475024f3a01c83d474e4a62cee2b5fedb423be2b5128f9ae568e717c9e8d239

## Data conventions

- Null means an unavailable input or undefined calculation, never zero. Values are unrounded; money and shares are in millions unless a column states otherwise.
- Fiscal periods use actual reporting start/end dates. Annual reported values are not constructed by adding quarterly EPS or weighted share counts. Partial years are labelled.
- FCF uses operating cash flow minus reported cash capital investment, preferring PPE purchases. The productive-assets fallback can also include software and intangibles. Acquisitions and noncash leases are excluded. Deduct SBC is an optional economic-cost scenario; missing SBC remains unavailable.
- SBC / FCF and SBC / OCF compare amounts from the same fiscal period. SBC / FCF always uses FCF before SBC deduction; nonpositive denominators are undefined and values above 100% remain valid.
- Capital allocation percentages describe available tracked cash uses, not all company spending or a fraction of OCF. Missing categories remain null, negative payments are excluded and SBC is noncash. Annual shares use reported annual amounts.
- Valuation uses completed, split-adjusted closes without dividend adjustment and a complete trailing year. Financial bases become eligible after publication; selected facts can contain later restatements. This is not a vintage-filings backtest.
- Mean and median use all valid observations in the selected date range before pagination. Historical pricing labels compare the latest positive value with its own median and do not estimate intrinsic fair value.
- Reporting currencies are retained without conversion. USD market capitalization, where available, is a separate dated Nasdaq snapshot.
- WACC is an editable US industry scenario across history, not a historical company cost of capital. Industry exclusions, missing inputs and pending filings remain explicit.