United Rentals, Inc. FY 2025 10-K, explained in plain English
Key financials — as reported
| Total revenue | $3.7B |
| Gross margin | 43.0% |
| Operating income | $1.1B |
| Net income | $653.0M |
| Diluted EPS | $10.27 |
| Cash & equivalents | $459.0M |
| Total assets | $29.9B |
| Long-term debt | $14.3B |
Key takeaway
The company operates a large rental fleet through 1,768 locations across the US, Canada, Europe, and Australasia as of January 2026.
🔒 4 more takeaways in the full analysis
Beneath the surface
There is a notable inconsistency in the reported figures: revenue is listed as $3.695B and gross profit as $1.59B (43% margin), yet cost of revenue is reported separately at $9.955B, a mismatch that suggests possible data extraction or segment-reporting anomalies in the filing's XBRL facts.
🔒 4 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for URI.
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