United Rentals (URI) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased substantially compared to the prior quarter and also rose relative to the same quarter last year. The company reported a strong sequential gain and a more moderate year-over-year improvement.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 FY
Revenue for the quarter increased substantially compared to the prior quarter and also rose relative to the same quarter last year. The company reported a strong sequential gain and a more moderate year-over-year improvement.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.1B
Revenue reported for this quarter.
Quarter-over-quarter
+368.5%
Change from the immediately preceding quarter.
Year-over-year
+9.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.7B
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 |
|---|---|---|
| Mar 31, 2024 | $3.5B | +6.1% |
| Jun 30, 2024 | -$1.8B | -9.7% |
| Sep 30, 2024 | $874M | +3.8% |
| Dec 31, 2024 | $4.1B | +9.8% |
Revenue performance
The reported revenue was higher than the immediately preceding quarter, reflecting a significant sequential increase. Compared to the same quarter one year earlier, revenue also grew, though at a slower pace.
Quarterly comparison
The trailing twelve-month revenue figure provides context for the full-year performance. The trend over the past four quarters shows variability, with the current quarter representing a notable uptick.
What to watch
The filing discusses a pending acquisition and a pause in share repurchases, which may influence future capital allocation.