Cost of Revenue Trends: United Rentals, Inc. vs Ingersoll Rand Inc.

Cost of Revenue Trends: A Comparative Analysis

In the ever-evolving landscape of industrial equipment, United Rentals, Inc. and Ingersoll Rand Inc. have showcased distinct trajectories in their cost of revenue over the past decade. Since 2014, United Rentals has consistently outpaced Ingersoll Rand, with a notable 162% increase by 2023, reaching a peak cost of revenue. In contrast, Ingersoll Rand's cost of revenue has seen a more modest growth of approximately 145% over the same period. The year 2020 marked a significant surge for Ingersoll Rand, with a 114% increase from the previous year, reflecting strategic shifts in their operational model. Meanwhile, United Rentals maintained a steady upward trend, culminating in a remarkable 28% rise in 2023 alone. This data underscores the dynamic strategies employed by these industry giants, highlighting United Rentals' aggressive expansion and Ingersoll Rand's adaptive resilience. As we look to the future, these trends offer valuable insights into the competitive landscape of industrial equipment.