United Rentals Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.05B | $6.64B | $5.80B | $5.82B | $5.69B | $4.99B | $4.15B | $2.62B |
| Equipment Rentals | $6.94B | $5.70B | $4.94B | $4.95B | $4.84B | $4.20B | $3.45B | $2.14B |
| Sales of Rental Equipment | $648.0M | $522.0M | $492.0M | $496.0M | $464.0M | $422.0M | $358.0M | $213.0M |
| Sales of New Equipment | $220.0M | $192.0M | $182.0M | $184.0M | $194.0M | $183.0M | $173.0M | $109.0M |
| Contractor Supplies Sales | $157.0M | $148.0M | $140.0M | $146.0M | $151.0M | $142.0M | $132.0M | $87.0M |
| Service and Other | $80.0M | $79.0M | $40.0M | $41.0M | $33.0M | $35.0M | $30.0M | $63.0M |
| Cost of Revenue | $4.68B | $3.87B | $3.36B | $3.34B | $3.25B | $2.97B | $2.53B | $1.71B |
| Gross Profit | $3.36B | $2.77B | $2.40B | $2.48B | $2.43B | $1.99B | $1.59B | $898.0M |
| Gross Margin | 41.8% | 41.7% | 41.5% | 42.6% | 42.8% | 39.9% | 38.3% | 34.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.04B | $903.0M | $719.0M | $714.0M | $758.0M | $642.0M | $588.0M | $407.0M |
| Operating Income | $1.95B | $1.51B | $1.42B | $1.52B | $1.39B | $1.08B | $591.0M | $396.0M |
| Operating Margin | 24.3% | 22.7% | 24.4% | 26.1% | 24.5% | 21.6% | 14.3% | 15.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.48B | $1.05B | $909.0M | $963.0M | $850.0M | $605.0M | $88.0M | $164.0M |
| Income Tax Expense | $380.0M | $-298.0M | $343.0M | $378.0M | $310.0M | $218.0M | $13.0M | $63.0M |
| Net Income | $1.10B | $1.35B | $566.0M | $585.0M | $540.0M | $387.0M | $75.0M | $101.0M |
| Net Margin | 13.6% | 20.3% | 9.8% | 10.1% | 9.5% | 7.8% | 1.8% | 3.9% |
| EPS (Basic) | $13.26 | $15.91 | $6.49 | $6.14 | $5.54 | $4.14 | $0.91 | $1.62 |
| EPS (Diluted) | $13.12 | $15.73 | $6.45 | $6.07 | $5.15 | $3.64 | $0.79 | $1.38 |
| Shares Outstanding (Basic) | 82.7M | 84.6M | 87.2M | 95.2M | 97.5M | 93.4M | 83.0M | 62.2M |
| Shares Outstanding (Diluted) | 83.5M | 85.6M | 87.8M | 96.4M | 105.0M | 106.3M | 94.8M | 73.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |