United Rentals, Inc. URI

Revenue Intelligence Report • 62 quarters of SEC filing data • Updated 2026-03-06

United Rentals, Inc. demonstrates a strong correlation between its SG&A spending and revenue generation, with a 1% increase in SG&A leading to a 0.29% decline in revenue, indicating a need for careful management of operational costs. The company's latest quarterly revenue of $992 million reflects its robust market position, although a holdout test revealed a 6.0% prediction error, suggesting some volatility in revenue forecasting. With a full-year forecast of $4 billion, representing a 1.0% year-over-year growth, investors can expect steady performance, albeit with a focus on optimizing spending to enhance returns. Overall, the outlook remains cautiously optimistic, emphasizing the importance of strategic expense management to drive future revenue growth.

Next FY Revenue
$3.73B
+1.0% YoY
SG&A Elasticity
-0.29x
Model Accuracy
17.9% MAPE
Holdout validation: The model predicted $1B vs the actual $1B — an error of 6.0%.
⚠ Model limitation: This company shows negative spending multipliers, meaning increases in spending have not directly translated into revenue growth. This typically occurs with commodity-driven companies or hypergrowth companies.
Note: United Rentals, Inc. does not report R&D expenses separately. This analysis uses SG&A spending only.

Revenue Forecast

URI Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q4 2025 $1B $1B $1B – $2B -8.5% ✓ In range
Q2 2026 $1B $0B – $2B +5.2%
Q3 2026 $1B $0B – $2B +6.8%
Q4 2026 $1B $0B – $3B -0.5%
Q1 2027 $1B $0B – $3B -6.4%

How Spending Drives Revenue

URI Spending Timing
Reading this chart: Each line shows the cumulative elasticity — how a 1% increase in spending translates to revenue growth over subsequent quarters. The effect builds over 4-5 quarters as investments compound.

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