United Rentals (URI) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased significantly compared to the immediately preceding quarter and also rose relative to the same quarter last year. The company's filing discusses share repurchase programs and general economic conditions.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased significantly compared to the immediately preceding quarter and also rose relative to the same quarter last year. The company's filing discusses share repurchase programs and general economic conditions.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$874M
Revenue reported for this quarter.
Quarter-over-quarter
+148.8%
Change from the immediately preceding quarter.
Year-over-year
+3.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $3.7B | +13.1% |
| Mar 31, 2024 | $3.5B | +6.1% |
| Jun 30, 2024 | -$1.8B | -9.7% |
| Sep 30, 2024 | $874M | +3.8% |
Revenue performance
The reported revenue direction was upward, marking a notable improvement from the prior quarter's performance.
Quarterly comparison
Compared to the prior quarter, revenue reversed a decline, and versus the same quarter a year ago, revenue was higher.
What to watch
The significant quarter-over-quarter revenue shift is a notable development to monitor.