United Return On Tangible Assets from 2010 to 2024

URI Stock  USD 664.57  10.81  1.65%   
United Rentals' Return On Tangible Assets are increasing with slightly volatile movements from year to year. Return On Tangible Assets are estimated to finish at 0.13 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.12772011
Current Value
0.13
Quarterly Volatility
0.0410083
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Rentals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Interest Expense of 508 M or Selling General Administrative of 1.6 B, as well as many exotic indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.0113 or PTB Ratio of 5.07. United financial statements analysis is a perfect complement when working with United Rentals Valuation or Volatility modules.
  
This module can also supplement United Rentals' financial leverage analysis and stock options assessment as well as various United Rentals Technical models . Check out the analysis of United Rentals Correlation against competitors.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.

Latest United Rentals' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of United Rentals over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. United Rentals' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Rentals' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

United Return On Tangible Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.06
Coefficient Of Variation52.37
Mean Deviation0.03
Median0.07
Standard Deviation0.04
Sample Variance0
Range0.1257
R-Value0.88
Mean Square Error0.0004
R-Squared0.77
Significance0.000017
Slope0.01
Total Sum of Squares0.02

United Return On Tangible Assets History

2022 0.12
2021 0.098
2020 0.0738
2019 0.0909
2018 0.0914
2017 0.13
2016 0.0709

About United Rentals Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include United Rentals income statement, its balance sheet, and the statement of cash flows. United Rentals investors use historical funamental indicators, such as United Rentals's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although United Rentals investors may use each financial statement separately, they are all related. The changes in United Rentals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on United Rentals's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on United Rentals Financial Statements. Understanding these patterns can help to make the right decision on long term investment in United Rentals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.13  0.13 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out the analysis of United Rentals Correlation against competitors.
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for United Stock analysis

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
36.87
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.