Gross Profit Comparison: United Rentals, Inc. and Quanta Services, Inc. Trends

United Rentals vs. Quanta: A Decade of Profit Growth

__timestampQuanta Services, Inc.United Rentals, Inc.
Wednesday, January 1, 201412335200002432000000
Thursday, January 1, 20159236650002480000000
Friday, January 1, 201610138000002403000000
Sunday, January 1, 201712418600002769000000
Monday, January 1, 201814799640003364000000
Tuesday, January 1, 201916002520003670000000
Wednesday, January 1, 202016608470003183000000
Friday, January 1, 202119532590003853000000
Saturday, January 1, 202225291550004996000000
Sunday, January 1, 202329370860005813000000
Monday, January 1, 20246150000000
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Unlocking the unknown

A Decade of Growth: United Rentals vs. Quanta Services

In the ever-evolving landscape of industrial services, United Rentals, Inc. and Quanta Services, Inc. have emerged as formidable players. Over the past decade, United Rentals has consistently outperformed Quanta Services in terms of gross profit, showcasing a robust growth trajectory. From 2014 to 2023, United Rentals' gross profit surged by approximately 139%, peaking at an impressive $5.8 billion in 2023. In contrast, Quanta Services experienced a more modest growth of around 138%, reaching $2.9 billion in the same year.

The data reveals a compelling narrative of strategic expansion and market adaptation. While United Rentals capitalized on its extensive equipment rental network, Quanta Services leveraged its expertise in infrastructure solutions. However, the absence of data for Quanta Services in 2024 leaves room for speculation about its future performance. As these industry giants continue to evolve, their financial trajectories offer valuable insights into the dynamics of the industrial sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025