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Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.SG&A has been a steady upward driver of costs as United Rentals scales and incurs inflationary pressures, while non-rental D&A sits higher than pre-2023—consistent with heavier fleet investment. The Q1 restructuring spike (management says facility consolidation) is a one‑time drag but signals management is pruning overlap to improve productivity. Positive revenue/EBITDA momentum and strong free cash flow support buybacks, but persistent SG&A inflation, repositioning/delivery costs and used-equipment margin variability remain the key execution risks to margin leverage.
Date | Restructuring Charges | Selling, General, and Administrative | Non-Rental Depreciation and Amortization | Merger Costs |
|---|---|---|---|---|
Jun 30, 2026 | $6.00M | $472.00M | $116.00M | $0.00 |
Mar 31, 2026 | $45.00M | $441.00M | $114.00M | $0.00 |
Dec 31, 2025 | $0.00 | $431.00M | $107.00M | $0.00 |
Sep 30, 2025 | $0.00 | $442.00M | $109.00M | $0.00 |
Jun 30, 2025 | $0.00 | $422.00M | $108.00M | $0.00 |
Mar 31, 2025 | $1.00M | $437.00M | $114.00M | $0.00 |
Dec 31, 2024 | $0.00 | $436.00M | $115.00M | $0.00 |
Sep 30, 2024 | $1.00M | $416.00M | $109.00M | $0.00 |
Jun 30, 2024 | $1.00M | $404.00M | $109.00M | $0.00 |
Mar 31, 2024 | $1.00M | $389.00M | $104.00M | $0.00 |