Gross Profit Comparison: United Rentals, Inc. and Allegion plc Trends

Gross Profit Trends: United Rentals, Inc. vs. Allegion plc

In the ever-evolving landscape of industrial and security solutions, United Rentals, Inc. and Allegion plc have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, United Rentals, Inc. has consistently outperformed Allegion plc in terms of gross profit, with a remarkable growth of approximately 139% from 2014 to 2023. Allegion plc, while maintaining steady growth, saw its gross profit increase by about 85% during the same period.

Key Insights

• United Rentals, Inc.: The company experienced a significant surge in gross profit, peaking in 2023 with a 20% increase from the previous year.
• Allegion plc: Despite a slower growth rate, Allegion plc reached its highest gross profit in 2023, marking a 19% rise from 2022.

These trends highlight the dynamic nature of the industry and the strategic maneuvers by these companies to capture market share.