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United Rentals (URI) operating margin by quarter

United Rentals' operating margin was 28.8% in Q3 2026 (third quarter 2026), +3.0 pts from Q2 2026. Over the last 7 quarters it ranged from 21.8% (Q1 2026) to 28.8% (Q3 2026).

United Rentals operating margin by quarterUnited Rentals operating margin by quarter26.5%Q4 202425.4%Q2 202526.3%Q3 202525.0%Q4 202521.8%Q1 202625.8%Q2 202628.8%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202628.8%+3.0 pts+2.5 pts
Q2 202625.8%+4.0 pts+0.4 pts
Q1 202621.8%-3.2 pts—
Q4 202525.0%-1.3 pts-1.5 pts
Q3 202526.3%+0.9 pts—
Q2 202525.4%-1.1 pts—
Q4 202426.5%——

Q3 2026 at a glance

United Rentals, Q3 2026: revenue $4.9B (+16% year over year), operating margin 28.8%, net earnings $920M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.

Questions

What is United Rentals' operating margin?

United Rentals' operating margin was 28.8% in Q3 2026 (third quarter 2026), +3.0 pts from Q2 2026.

How has United Rentals' operating margin changed?

Over the last 7 quarters it ranged from 21.8% (Q1 2026) to 28.8% (Q3 2026).

Q3 2026 results → · How United Rentals makes money →