Gross Profit Analysis: Comparing United Rentals, Inc. and IDEX Corporation

United Rentals' Gross Profit Surges Ahead of IDEX

__timestamp	IDEX Corporation	United Rentals, Inc.
Wednesday, January 1, 2014	949315000	2432000000
Thursday, January 1, 2015	904315000	2480000000
Friday, January 1, 2016	930767000	2403000000
Sunday, January 1, 2017	1026678000	2769000000
Monday, January 1, 2018	1117895000	3364000000
Tuesday, January 1, 2019	1125034000	3670000000
Wednesday, January 1, 2020	1027424000	3183000000
Friday, January 1, 2021	1224500000	3853000000
Saturday, January 1, 2022	1426900000	4996000000
Sunday, January 1, 2023	1448500000	5813000000
Monday, January 1, 2024	1454800000	6150000000

Data in motion

Gross Profit Trends: United Rentals vs. IDEX Corporation

In the competitive landscape of industrial services, United Rentals, Inc. and IDEX Corporation have showcased distinct trajectories in gross profit over the past decade. Since 2014, United Rentals has consistently outperformed IDEX, with its gross profit growing by approximately 139% by 2023. This growth is particularly notable in 2022, where United Rentals' gross profit surged by 30% compared to the previous year, reaching nearly six times that of IDEX. Meanwhile, IDEX Corporation has demonstrated steady growth, with a 60% increase in gross profit from 2014 to 2023. However, the data for 2024 is incomplete, leaving room for speculation on future trends. This analysis highlights the dynamic nature of the industrial sector and the varying strategies employed by these two giants to maintain their market positions.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025