United Gross Profit vs Net Income Analysis

URI Stock

USD 704.68 10.21 1.47%

United Rentals financial indicator trend analysis is much more than just breaking down United Rentals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Rentals is a good investment. Please check the relationship between United Rentals Gross Profit and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Rentals Gross Profit account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between United Rentals' Gross Profit and Net Income is 0.97. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of United Rentals, assuming nothing else is changed. The correlation between historical values of United Rentals' Gross Profit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of United Rentals are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., United Rentals' Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of United Rentals minus its cost of goods sold. It is profit before United Rentals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in United Rentals financial statement analysis. It represents the amount of money remaining after all of United Rentals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from United Rentals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Rentals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.As of now, United Rentals' Selling General Administrative is increasing as compared to previous years. The United Rentals' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Tax Provision is projected to decrease to under 411.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	424M	445M	635M	508.0M
Depreciation And Amortization	2.0B	2.2B	2.8B	2.9B

Interest Expense Depreciation And Amortization

United Rentals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Non Currrent Assets Other	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.78	0.96	0.95	0.99	0.77	0.93	0.91	0.49	1.0	0.49	0.99	-0.45	0.79	0.8	0.22	-0.84	0.98	0.92	0.98	-0.06	0.03	0.65	0.65	0.88	0.23
Short Long Term Debt Total	0.78		0.64	0.6	0.72	1.0	0.58	0.61	0.23	0.78	0.23	0.72	-0.13	0.99	0.7	0.3	-0.51	0.84	0.53	0.7	0.09	-0.06	0.65	0.66	0.63	0.49
Total Current Liabilities	0.96	0.64		0.95	0.97	0.64	0.93	0.88	0.54	0.95	0.54	0.97	-0.49	0.64	0.71	0.07	-0.85	0.92	0.97	0.96	-0.11	0.11	0.71	0.7	0.84	0.13
Total Stockholder Equity	0.95	0.6	0.95		0.97	0.6	0.99	0.95	0.49	0.95	0.49	0.96	-0.61	0.62	0.84	0.23	-0.91	0.88	0.95	0.96	-0.19	0.08	0.52	0.51	0.87	0.11
Property Plant And Equipment Net	0.99	0.72	0.97	0.97		0.72	0.96	0.93	0.49	0.99	0.49	1.0	-0.52	0.74	0.82	0.23	-0.89	0.96	0.94	0.98	-0.15	0.04	0.64	0.63	0.91	0.18
Net Debt	0.77	1.0	0.64	0.6	0.72		0.58	0.61	0.2	0.78	0.2	0.72	-0.13	0.99	0.7	0.31	-0.51	0.84	0.52	0.7	0.09	-0.05	0.64	0.65	0.62	0.49
Retained Earnings	0.93	0.58	0.93	0.99	0.96	0.58		0.92	0.47	0.93	0.47	0.95	-0.7	0.6	0.83	0.25	-0.97	0.85	0.94	0.94	-0.28	0.03	0.49	0.48	0.91	0.14
Accounts Payable	0.91	0.61	0.88	0.95	0.93	0.61	0.92		0.33	0.91	0.33	0.93	-0.55	0.65	0.89	0.34	-0.84	0.84	0.86	0.93	-0.27	0.15	0.5	0.5	0.8	0.03
Cash	0.49	0.23	0.54	0.49	0.49	0.2	0.47	0.33		0.48	1.0	0.49	-0.08	0.24	0.15	-0.21	-0.39	0.47	0.6	0.57	0.01	-0.46	0.54	0.53	0.54	-0.05
Non Current Assets Total	1.0	0.78	0.95	0.95	0.99	0.78	0.93	0.91	0.48		0.48	0.99	-0.44	0.8	0.8	0.22	-0.84	0.98	0.91	0.98	-0.05	0.03	0.65	0.64	0.89	0.24
Cash And Short Term Investments	0.49	0.23	0.54	0.49	0.49	0.2	0.47	0.33	1.0	0.48		0.49	-0.08	0.24	0.15	-0.21	-0.39	0.47	0.6	0.57	0.01	-0.46	0.54	0.53	0.54	-0.05
Net Receivables	0.99	0.72	0.97	0.96	1.0	0.72	0.95	0.93	0.49	0.99	0.49		-0.52	0.73	0.8	0.18	-0.88	0.96	0.95	0.98	-0.13	0.02	0.64	0.64	0.9	0.19
Common Stock Shares Outstanding	-0.45	-0.13	-0.49	-0.61	-0.52	-0.13	-0.7	-0.55	-0.08	-0.44	-0.08	-0.52		-0.13	-0.57	-0.34	0.82	-0.32	-0.54	-0.45	0.64	0.07	-0.03	-0.03	-0.62	-0.21
Non Current Liabilities Total	0.79	0.99	0.64	0.62	0.74	0.99	0.6	0.65	0.24	0.8	0.24	0.73	-0.13		0.74	0.35	-0.53	0.85	0.53	0.72	0.05	-0.06	0.64	0.65	0.65	0.44
Inventory	0.8	0.7	0.71	0.84	0.82	0.7	0.83	0.89	0.15	0.8	0.15	0.8	-0.57	0.74		0.47	-0.8	0.73	0.69	0.79	-0.29	0.16	0.37	0.37	0.73	0.11
Other Current Assets	0.22	0.3	0.07	0.23	0.23	0.31	0.25	0.34	-0.21	0.22	-0.21	0.18	-0.34	0.35	0.47		-0.29	0.21	0.02	0.24	-0.5	0.15	0.06	0.07	0.18	0.15
Other Stockholder Equity	-0.84	-0.51	-0.85	-0.91	-0.89	-0.51	-0.97	-0.84	-0.39	-0.84	-0.39	-0.88	0.82	-0.53	-0.8	-0.29		-0.76	-0.88	-0.84	0.42	0.02	-0.42	-0.41	-0.91	-0.18
Total Liab	0.98	0.84	0.92	0.88	0.96	0.84	0.85	0.84	0.47	0.98	0.47	0.96	-0.32	0.85	0.73	0.21	-0.76		0.85	0.95	0.02	0.01	0.71	0.71	0.85	0.29
Property Plant And Equipment Gross	0.92	0.53	0.97	0.95	0.94	0.52	0.94	0.86	0.6	0.91	0.6	0.95	-0.54	0.53	0.69	0.02	-0.88	0.85		0.94	-0.14	0.08	0.63	0.62	0.86	-0.02
Total Current Assets	0.98	0.7	0.96	0.96	0.98	0.7	0.94	0.93	0.57	0.98	0.57	0.98	-0.45	0.72	0.79	0.24	-0.84	0.95	0.94		-0.12	0.05	0.68	0.68	0.86	0.11
Intangible Assets	-0.06	0.09	-0.11	-0.19	-0.15	0.09	-0.28	-0.27	0.01	-0.05	0.01	-0.13	0.64	0.05	-0.29	-0.5	0.42	0.02	-0.14	-0.12		0.03	-0.15	-0.16	-0.25	0.03
Non Currrent Assets Other	0.03	-0.06	0.11	0.08	0.04	-0.05	0.03	0.15	-0.46	0.03	-0.46	0.02	0.07	-0.06	0.16	0.15	0.02	0.01	0.08	0.05	0.03		0.08	0.07	-0.21	-0.42
Common Stock Total Equity	0.65	0.65	0.71	0.52	0.64	0.64	0.49	0.5	0.54	0.65	0.54	0.64	-0.03	0.64	0.37	0.06	-0.42	0.71	0.63	0.68	-0.15	0.08		1.0	0.51	0.06
Common Stock	0.65	0.66	0.7	0.51	0.63	0.65	0.48	0.5	0.53	0.64	0.53	0.64	-0.03	0.65	0.37	0.07	-0.41	0.71	0.62	0.68	-0.16	0.07	1.0		0.5	0.06
Other Liab	0.88	0.63	0.84	0.87	0.91	0.62	0.91	0.8	0.54	0.89	0.54	0.9	-0.62	0.65	0.73	0.18	-0.91	0.85	0.86	0.86	-0.25	-0.21	0.51	0.5		0.26
Other Assets	0.23	0.49	0.13	0.11	0.18	0.49	0.14	0.03	-0.05	0.24	-0.05	0.19	-0.21	0.44	0.11	0.15	-0.18	0.29	-0.02	0.11	0.03	-0.42	0.06	0.06	0.26

Click cells to compare fundamentals

United Rentals Account Relationship Matchups

United Rentals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.0B	17.9B	20.3B	24.2B	25.6B	26.9B
Short Long Term Debt Total	12.0B	10.2B	10.3B	12.0B	12.7B	6.6B
Total Current Liabilities	2.2B	1.9B	2.6B	2.4B	3.6B	3.8B
Total Stockholder Equity	3.8B	4.5B	6.0B	7.1B	8.1B	8.5B
Property Plant And Equipment Net	11.1B	10.0B	12.0B	14.9B	16.0B	16.8B
Net Debt	11.9B	10.0B	10.2B	11.9B	12.3B	6.4B
Retained Earnings	5.3B	6.2B	7.6B	9.7B	11.7B	12.3B
Accounts Payable	454M	466M	816M	1.1B	905M	950.3M
Cash	43M	52M	202M	144M	363M	381.2M
Non Current Assets Total	17.1B	15.9B	18.1B	21.5B	22.7B	23.8B
Cash And Short Term Investments	43M	52M	202M	144M	363M	381.2M
Net Receivables	1.5B	1.3B	1.7B	2.0B	2.2B	2.3B
Common Stock Shares Outstanding	77.7M	72.9M	72.8M	71.0M	68.7M	68.2M
Liabilities And Stockholders Equity	19.0B	17.9B	20.3B	24.2B	25.6B	26.9B
Non Current Liabilities Total	12.9B	11.4B	11.7B	14.7B	13.8B	7.5B
Inventory	120M	125M	164M	232M	205M	112.3M
Other Current Assets	140M	375M	166M	381M	62M	58.9M
Other Stockholder Equity	(1.3B)	(1.5B)	(1.4B)	(2.3B)	(3.3B)	(3.1B)
Total Liab	15.1B	13.3B	14.3B	17.1B	17.5B	18.3B
Property Plant And Equipment Gross	11.1B	10.0B	12.0B	14.9B	24.8B	26.0B
Total Current Assets	1.8B	2.0B	2.2B	2.7B	2.9B	3.1B
Accumulated Other Comprehensive Income	(186M)	(146M)	(171M)	(264M)	(228M)	(216.6M)
Intangible Assets	895M	648M	615M	452M	670M	806.4M
Non Currrent Assets Other	19M	38M	42M	47M	43M	40.9M
Other Liab	2.0B	1.9B	2.3B	2.8B	3.2B	3.4B
Other Assets	9.8B	8.7B	10.6B	47M	54.1M	51.3M
Long Term Debt	10.4B	9.0B	8.8B	11.1B	10.1B	6.4B
Good Will	5.2B	5.2B	5.5B	6.0B	5.9B	3.0B
Property Plant Equipment	604M	1.3B	1.4B	14.9B	17.2B	18.0B
Other Current Liab	692M	669M	798M	1.0B	880M	924M
Current Deferred Revenue	55M	51M	83M	131M	138M	144.9M
Short Term Debt	997M	704M	906M	161M	1.7B	1.8B
Retained Earnings Total Equity	5.3B	6.2B	7.6B	9.7B	11.1B	11.7B
Deferred Long Term Liab	1.9B	1.8B	2.2B	2.7B	3.1B	1.7B
Treasury Stock	(2.1B)	(2.9B)	(3.7B)	(4.0B)	(3.6B)	(3.4B)
Net Tangible Assets	(2.2B)	4.5B	6.0B	7.1B	8.1B	8.5B
Long Term Debt Total	10.4B	9.0B	8.8B	11.2B	12.9B	9.9B

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When determining whether United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:

How To Invest In United

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Is United Stock a good investment?

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What is United Rentals' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running United Rentals' price analysis, check to measure United Rentals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Rentals is operating at the current time. Most of United Rentals' value examination focuses on studying past and present price action to predict the probability of United Rentals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Rentals' price. Additionally, you may evaluate how the addition of United Rentals to your portfolios can decrease your overall portfolio volatility.

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Is United Rentals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Rentals. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Rentals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.243

Dividend Share

6.07

Earnings Share

36.86

Revenue Per Share

213.958

Quarterly Revenue Growth

0.061

The market value of United Rentals is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Rentals' market value can be influenced by many factors that don't directly affect United Rentals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between United Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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United Gross Profit vs Net Income Analysis

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

Correlation Coefficient

Gross Profit

Net Income

United Rentals fundamental ratios Correlations

United Rentals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

United Rentals fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Net Receivables	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets

Other Stockholder Equity	- 0.97	Retained Earnings
Other Liab	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Total Stockholder Equity
Other Stockholder Equity	- 0.89	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.88	Net Receivables